March 19, 2018 Minutes
Quorum
Quorum reached and meeting called to order at 12:04 EST.
Attendees
Board Members
- Simon
- Carol
- Patrick
- Josh
- Deb
- Richard
- Allsion
General Announcements
Bruce Perens has agreed to chair the Standards Working Group.
Carol Smith provided an update to the Clearly Defined Working Group.
Motions
Motion (Patrick): To approve the results of the 2018 Board of Directors and accept the recomendations of the memebrship to appoint Faidon Liambotis, Vicky Brasseur, Chris Lamb, and Josh Simmons.
Second (Deb):
Discussion: Many congrats.
Vote: 7 Yes; 0 No; 0 Abstain.
Motion (Simon): A vote of thanks and recognition.
Second (Allison):
Discussion: Many on the Board expressed their gratitude to the exiting Board Directors and enthusiasm for the new Directors coming on board.
Vote: 6 Yes; 0 No; 1 Abstain.
Next Meeting
Will also be holding next Board Meeting April 12.
Appendix A – Treasurer’s Reports
Treasurer’s Report As of February 28, 2018
Total Assets at Beginning of Period (02/01/18): $98,339
Revenue or Sources of Funds
- Contributions: $41,895
- Memberships: $3,40
- Interest: $2
- Commissions:$75
Total Revenue or Sources of Funds: $45,372
Expenses or Uses of Funds
- Compensation: $9,014
- Legal & Professional Fees: $1,946
- Office Expenses: $681
- Program Service Expense: $5,000
- Travel & Entertainment: $1,691
- Other Expenses: $348
Total Expenses or Uses of Funds: $18,680
Change in Cash: -$11,476
Change in Accounts Receivable: $40,000
Change in Accounts Payable: -$1,832
Other (Reclasses): $140
Total Assets at End of Period ( 02/28/18) $151,862
Major Contributions in the last 12 months
| Sponsor Name | Date Invoiced | Date Paid | Sponsorship Amount | Sponsorship Receivable |
| Previous Sponsor | 03/09/17 | 03/09/17 | $25,000 | $0 |
| Previous Sponsor | 04/03/17 | 04/27/17 | $20,000 | $0 |
| Previous Sponsor | 04/17/17 | 06/05/17 | $15,000 | $0 |
| New Sponsor | 06/12/17 | 07/03/17 | $1,000 | $0 |
| Previous Sponsor | 06/26/17 | 06/26/17 | $20,000 | $0 |
| New Sponsor | 06/26/17 | 07/03/17 | $1,000 | $0 |
| New Sponsor | 07/31/1 | 09/07/17 | $1,000 | $0 |
| New Sponsor | 07/31/17 | 09/07/17 | $1,000 | $0 |
| New Sponsor | 08/11/17 | 09/05/17 | $7,500 | $0 |
| New Sponsor | 08/11/17 | 11/01/17 | $2,500 | $0 |
| New Sponsor | 09/11/17 | 10/02/17 | $15,000 | $0 |
| New Sponsor | 09/14/17 | 09/28/17 | $7,500 | $0 |
| New Sponsor | 09/14/17 | 10/14/17 | $7,500 | $0 |
| Previous Sponsor | 10/01/17 | 11/11/17 | $20,000 | $0 |
| New Sponsor | 10/06/17 | 10/17/17 | $20,000 | $0 |
| New Sponsor | 12/14/17 | 01/31/18 | $20,000 | $0 |
| Previous Sponsor | 01/12/18 | $6,000 | $6,000 (1) | |
| New Sponsor | 02/01/18 | $20,000 | $20,000 (2) | |
| Previous Sponsor | 02/01/18 | 02/06/18 | $1,000 | $0 |
| New Sponsor | 02/12/18 | $20,000 | $20,000 (3) |
(1) Additional data requested on PO 04/18
(2) Issues with AWS payment process, which is in the process of being corrected
(3) Paid 03/8/18