1 / 16

Kids Can Board Meeting February 27, 2014 a t Silverstone Group

Kids Can Board Meeting February 27, 2014 a t Silverstone Group. At Kids Can Community Center, our mission is to empower children and parents to reach their potential and enable older adults to maintain their independence. Agenda: Audit Presentation – Masimore Magnuson & Associates

bela
Download Presentation

Kids Can Board Meeting February 27, 2014 a t Silverstone Group

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Kids Can Board Meeting February 27, 2014 at Silverstone Group At Kids Can Community Center, our mission is to empower children and parents to reach their potential and enable older adults to maintain their independence.

  2. Agenda: Audit Presentation – Masimore Magnuson & Associates Introductions Consent Agenda: Minutes – December 2013 CEO Report – February 2014 Balance Sheet and P&L Statement – Nov & Dec 2013 CEO Report - Robert Finance Update & Discussion - Dennis Board Report Card – Brittany Discussion: Fundraising Discussion: Health insurance - Brittany Other Business, Connect & Share, Adjourn

  3. Introductions: Name & organization An Oscar favorite….

  4. CEO Report: (full report included on website) Funding update: South Omaha Optimists, America First, Pacific Life, Daugherty Program update: iTime, piano, van Elementary Learning Center Audit RFP Marketing: website, videos Board Development United Way visits Other events: OneStop, TD Ameritrade, Ezra Elementary, Zachry Engineering

  5. Revenue – Monthly Comparison as of January 2014 Budget YTD: 538,195 Actual YTD: 619,744

  6. Expense – Monthly Comparison as of January 2014 Budget YTD: 507,925 Actual YTD: 496,064

  7. Currently all of our CDs are at Security National Bank and our checking and savings accounts are at Wells Fargo. While not required, some organizations utilize companies that provide some support (financially or in-kind). Wells Fargo has been a continued supporter of Kids Can, while Security National Bank has not. The option of where to bank and invest is totally a board-based decision. CRITICAL DISCUSSON: Banking & CDs

  8. Attend at least 75% of board meetings: 76% Actively participate in task force(s): 100% Personal financial contribution: 100% Other donations/sponsorships: 56% New meeting w/ CEO: % Other events: Neighborhood Night Out: 17% Harvest Festival 11% Adopt-A-Family 33% Giving Tuesday 6% Board Social: 61% Board Report Card – February 2014

  9. When: May 6, 2014 • Where: CenturyLink • Who: Shane Lopez, Making Hope Happen • Presenting Sponsor: Wells Fargo Bank • Goal: $65,000 • Action Steps: • Renew/upgrade sponsors, follow up • Seek new sponsors, set up meetings • Raffle tickets & individual seats CRITICAL DISCUSSON: Fundraiser Luncheon

  10. SPONSORS TO RECOMMIT Bellevue University 5,000.00 First National Bank 2,500.00 Borsheim's1,000.00 Deloitte 1,000.00 Linda Daugherty 1,000.00 Marcotte 1,000.00 Metro Community 1,000.00 Midwest Maintenance 1,000.00 Omaha World Herald 1,000.00 Paul & Linda Sather 1,000.00 Securities America 1,000.00 First Data 500.00 TOTAL 17,000.00 2014 SPONSORS (pledged or received) Wells Fargo 10,000.00 Blue Cross Blue Shield 5,000.00 Gallup (in kind) Cox Communications 2,500.00 Silverstone Group 2,500.00 Baird Holm 2,500.00 Mutual of Omaha 1,500.00 Kiewit Companies 1,000.00 Mutual of Omaha Bank 1,000.00 Woodmen of the World 1,000.00 Lincoln Financial Group 1,000.00 Pfizer 1,000.00 Union Pacific Railroad 1,000.00 Client Resources, Inc. 1,000.00 UNO Chancellor 1,000.00 St. Anthony Foundation 500.00 TOTAL 32,500.00 TOTAL OF BOTH: $49,500 of $65,000 GOAL CRITICAL DISCUSSON: Fundraiser Luncheon

  11. CRITICAL DISCUSSON: Other fundraising ideas metroMAGAZINE and American National Bank invite YOU to SHARE Your Gift of Excitement about GIVING BACK! In approximately 500 words or less share with us how you have been actively involved with your favorite charity and the difference that it has made in the lives of others, and in your life. The TOP 10 stories as selected by a special panel from American National Bank and metroMAGAZINE will be posted here in April of this year!The public will be invited to vote for their favorite story from among these 10 finalists and the winner will be announced in our August Issue along with a profile on the winner & their Charity of Choice! The winning story will be published in our August issue and American National Bank will present a donation of $1,000 in the winner's name to their featured charity! Entries will be closed at midnight March 15, 2014.

  12. The Omaha Community Foundation is gearing up for Omaha Gives! - our second annual charitable holiday. On May 21st from midnight to midnight, you have 24 hours to support the causes you care about by making a donation of $10 or more to nonprofits that serve Douglas, Sarpy, and Pottawattamie counties. We’re currently raising matching funds and prize money to amplify charitable donations made through Omaha Gives! Shannon has confirmed to have an event at Sam & Louie’s (155th & Dodge) to host an event in conjunction with OmahaGives! day, more details soon. CRITICAL DISCUSSON: Other fundraising ideas

  13. We previously had health insurance via Nonprofit Association of the Midlands Trust through Harry A Koch Company. By October 2013, we were down to only one employee enrolled, thereby not having the required two, we were dropped. The employee currently buys insurance out-of-pocket. • To compensate, we can offer “health stipends”, that while tax deductible, would have some insurance benefit in attracting and retaining key employees. • One scenario is to offer current full-time exempt employees a monthly stipend (i.e. $200/month) and revisit this in the fall when we may be eligible to re-enroll in a comprehensive plan. CRITICAL DISCUSSON: Health Insurance (action can be taken today)

  14. Proposal suggestion: • Offer $200 monthly health stipend to full-time exempt employees (currently CEO, COO, and P&L Coordinator) starting March 1 2014. <This amount is within current budget.> • Reimburse the one enrolled employee (CEO) who lost coverage with same monthly health stipend amount from November 2013 to February 2014 (4 months x $200). <This amount is within current budget.> • Revisit health insurance possibilities in Fall 2014 to look into re-enrolling in a comprehensive plan and possible tax benefits. CRITICAL DISCUSSON: Health Insurance continued

  15. OTHER BUSINESS & SHARING Upcoming meetings/events: Fundraiser Luncheon – May 6 OmahaGives! – May 21 Board Meetings – April 24 and June 26 ADJOURN

More Related