{"id":4262,"date":"2019-02-08T09:53:28","date_gmt":"2019-02-08T18:53:28","guid":{"rendered":"http:\/\/www.fairbanksyouthadvocates.org\/board\/?p=4262"},"modified":"2019-02-08T09:53:31","modified_gmt":"2019-02-08T18:53:31","slug":"february-11-2018-board-meeting-agenda-5pm","status":"publish","type":"post","link":"https:\/\/fairbanksyouthadvocates.org\/board\/2019\/02\/08\/february-11-2018-board-meeting-agenda-5pm\/","title":{"rendered":"February 11, 2018 Board Meeting Agenda 5pm."},"content":{"rendered":"\n
  1. Roll Call<\/li>
  2. Open in prayer<\/li>
  3. Mission Review:
    1. Walk through The Door (10-15) <\/li><\/ol><\/li>
    2. Accept minutes from January meeting<\/li>
    3. Signature
      1. Time sheets <\/li><\/ol><\/li>
      2. Financial Report<\/a> w\/ Deidre (see below)<\/li>
      3. Unfinished Business
        1. Review core values and purpose (who are we?)
          1. Unconditional Love<\/li>
          2. Hope<\/li>
          3. Restoration<\/li>
          4. Compassion<\/li>
          5. Faith <\/li><\/ol><\/li>
          6. Core purpose: Facilitating life transitions for at-risk and vulnerable youth<\/li>
          7. Review Annual Schedule<\/li>
          8. Set Short term goals for 2019 (Review the links under Operations on the Board Website.<\/li>
          9. Brainstorm a few possibilities for long term goals. <\/li><\/ol><\/li>
          10. Update on Drake House<\/li>
          11. Ed Report<\/a><\/li>
          12. Committee Reports as necessary
            1. Sunshine: Goodbye to Stephanie card<\/li>
            2. Fundraising: Gala Update<\/li>
            3. Building?<\/li>
            4. Public Information <\/li><\/ol><\/li>
            5. Next meeting: March 20, Wednesday? \u00a0(Clearwater is not available on Tuesdays – elsewhere?)<\/li>
            6. Adjourn<\/li><\/ol>\n\n\n\n

              FYA:  <\/strong>As of January 31, 2019, FYA has $73,658 operating funds in checking, $25,074 operating reserve funds in savings, and $25,659 in Wedbush Morgan brokerage account. The Alaska Community Foundation account has fund balance of $462,995 down 5% since inception.  We also have $19,222 of unreimbursed ESG expenses from December 2018 that have been submitted. We were fortunate to start January with $73,230 in checking since the BHAP and ESG December money will not be received until February 7, 2019. January 2019 BHAP\/ESG expenses total $16,028 and the report is ready to be submitted to AHFC.  All year-end 2018 tax filings are current as well as 1099s, 1096, W2s, and W3.
              <\/p>\n\n\n\n

              Clearwater Counseling:  <\/strong>Had $22,929 counseling revenue for January 2019. Negative net cash flow  of $8,048, primarily due to paying the 2018 \u201cbonus\u201d to Dave ($8,024). Dave was paid a salary differential of $8,024 to bring his 2018 salary up to one-half of counseling revenue per KLG Billing\u2019s tally of counseling revenue.  Counseling revenue from Jaimie\u2019s clients is $4,387 . Clearwater Counseling donated $15,000 to FYA. Bank balances are as follows: Spirit of Alaska checking $22,808 savings $417. AlaskaUSA checking $20,541 We anticipate being able to close Spirit of Alaska account (old acct) by the end of March 2019.<\/p>\n\n\n\n

              FYA:  <\/strong>As of January 31, 2019, FYA has $73,658 operating funds in checking, $25,074 operating reserve funds in savings, and $25,659 in Wedbush Morgan brokerage account. The Alaska Community Foundation account has fund balance of $462,995 down 5% since inception.  We also have $19,222 of unreimbursed ESG expenses from December 2018 that have been submitted. We were fortunate to start January with $73,230 in checking since the BHAP and ESG December money will not be received until February 7, 2019. January 2019 BHAP\/ESG expenses total $16,028 and the report is ready to be submitted to AHFC.  All year-end 2018 tax filings are current as well as 1099s, 1096, W2s, and W3.
              <\/p>\n\n\n\n

              Clearwater Counseling:  <\/strong>Had $22,929 counseling revenue for January 2019. Negative net cash flow  of $8,048, primarily due to paying the 2018 \u201cbonus\u201d to Dave ($8,024). Dave was paid a salary differential of $8,024 to bring his 2018 salary up to one-half of counseling revenue per KLG Billing\u2019s tally of counseling revenue.  Counseling revenue from Jaimie\u2019s clients is $4,387 . Clearwater Counseling donated $15,000 to FYA. Bank balances are as follows: Spirit of Alaska checking $22,808 savings $417. AlaskaUSA checking $20,541 We anticipate being able to close Spirit of Alaska account (old acct) by the end of March 2019.<\/p>\n\n\n\n

              <\/p>\n\n\n\n

              The Year in Review:   Highlights of the 2018 Profit & Loss Statement<\/strong><\/p>\n\n\n\n

              and comparing it to 2017<\/strong>
              <\/p>\n\n\n\n

              Alaska Community Foundation:  Beginning amount $486,686. 2018 donations $2,201.  Management fees and losses -$25,891.93 (exactly 5%).  Ending amount $462,995.07
              <\/p>\n\n\n\n

              2018 income compared to 2017 income:  <\/strong><\/p>\n\n\n\n

              Pick.Click.Give donations increase 13% <\/p>\n\n\n\n

              Clearwater Counseling donated $45,000 (250% increase) as they had a stellar year.<\/p>\n\n\n\n

              Agency donations jumped 200% primarily due to $25,000 donation from RMF Foundation.<\/p>\n\n\n\n

              Church donations decreased 15%<\/p>\n\n\n\n

              Business contributions almost 250% primarily due to Credit Union 1 donation of $10,000<\/p>\n\n\n\n

              Donations arriving in newsletter envelopes jumped 230%.<\/p>\n\n\n\n

              Greater Giving donations increased 18%<\/p>\n\n\n\n

              Individual donations increased 6%<\/p>\n\n\n\n

              OVERALL:  17% increase
              <\/p>\n\n\n\n

              Fundraising Event Income:  OHN 2018 brought in $12,164 (19% less, $2,843).<\/p>\n\n\n\n

              Other grant income:  Stopped ACN (school food program), was awarded $20,000 TOTE Youth Development grant, and $1,000 Doyon youth jobs grant.
              <\/p>\n\n\n\n

              Expenses:<\/strong><\/p>\n\n\n\n

              Combined shelter utility expenses up 7%  (telephone, alarms, water, electric, garbage, heating oil).<\/p>\n\n\n\n

              Shelter repairs\/maintenance 33% increase ( $767)<\/p>\n\n\n\n

              Shelter food expense up 8% ($492).<\/p>\n\n\n\n

              Outreach and youth development activities greatly increased  38% ($3,500) due to TOTE grant<\/p>\n\n\n\n

              Advertising expense increased 2% ($169).<\/p>\n\n\n\n

              Staff housing expenses 132 10th Ave decrease 9% (R & M, water, heating oil, elec)<\/p>\n\n\n\n

              FYA office expenses increased 20% ($900) primarily in dues\/memberships (P.C.G., Foraker, Rotary, etc).<\/p>\n\n\n\n

              Stipends and tuition for interns increased five-fold ($10,900)<\/p>\n\n\n\n

              Payroll increased 3% ($11,000).<\/p>\n\n\n\n

              The net effect of these payroll increases (stipend + tuition + other payroll) is a total increase of 5% ($21,960).
              <\/p>\n\n\n\n

              Net Income:<\/strong> <\/strong> +$67,156 which is $86,500 more than 2017!
              <\/p>\n\n\n\n

              Clearwater Counseling 2018 Summary:    Good management = good revenue<\/strong><\/p>\n\n\n\n

              Revenue for 2018 is $245,454,  $20,142 of which is from our part-time providers.  Clearwater Counseling\u2019s 2018 revenue is $31,879 more<\/strong> than than last year!! Go Dave!!  We also processed $32,467 of in-house counseling sessions and assessments (EAP, self-pay, OCS, attorneys), saving $3,571 in outside contract billing fees. Way to go value-added receptionists!!  <\/p>\n\n\n\n

              Actually, the real story with value-added receptionists is in the significant decrease in small balance write-offs (bad debt written off Clearwater Counseling\u2019s books because it is uncollectible).<\/p>\n\n\n\n

              Small balance write-offs 2016 (pre-receptionist):             $11,096<\/p>\n\n\n\n

              Small balance write-offs 2017 (first year of receptionist):  $7,718<\/p>\n\n\n\n

              Small balance write-offs 2018 (EXPERT receptionists):    $2,285 Yay Team!!
              <\/p>\n","protected":false},"excerpt":{"rendered":"

              Roll Call Open in prayer Mission Review: Walk through The Door (10-15) Accept minutes from January meeting Signature Time sheets Financial Report w\/ Deidre (see below) Unfinished Business Review core values and purpose (who are we?) Unconditional Love Hope Restoration Compassion Faith Core purpose: Facilitating life transitions for at-risk and vulnerable youth Review Annual Schedule…<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-4262","post","type-post","status-publish","format-standard","hentry","category-agenda","category-9","description-off"],"_links":{"self":[{"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/posts\/4262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/comments?post=4262"}],"version-history":[{"count":3,"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/posts\/4262\/revisions"}],"predecessor-version":[{"id":4265,"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/posts\/4262\/revisions\/4265"}],"wp:attachment":[{"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/media?parent=4262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/categories?post=4262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/tags?post=4262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}