Member Meeting Minutes Summary: May 25th

Financial Overview

• Runway: The organization reliably maintains a runway of about six months' worth of membership dues, typically holding slightly over $20,000 in the bank.
• Deficit: There's a slight monthly deficit (around $1,200) between average spending and active member dues.
• Other Income: This gap is filled by recurring donations and mysterious PayPal transactions from previous membership systems. These unknown payments are effectively covering the deficit.

Health and Safety

• COVID Protocols: Members are advised to observe isolation if sick and to contact leadership if they observe any unsafe behaviors.
• Emergency Signage: A large sign indicating the facility's location needs to be printed.

Meeting Activities

• The meeting had too much business to allow for members to show off projects or discuss future plans, which the organizer noted would be desirable in future meetings.
• The organizer admitted to forgetting that an education coordinator had been appointed when discussing potential class scheduling.

General Discussion

• The conversation covered high-level overviews of the organization's financial and membership status.
• The importance of financial transparency was highlighted, even without a full PowerPoint presentation.