[Lnc-business] Executive Committee Conference Call - 7/24/14 @ 9:30 pm EST - NH Ballot Access

[Alicia Mattson]

I inquired about our cash flow status, since things looked very tight at
the end of May and I don't think I have seen June financials yet.  Robert
Kraus provided me the following information, indicating that our cash flow
has gotten worse since May:

Current unrestricted cash on hand is $110k. We are looking at the following
upcoming expenses: $26k in ballot access obligations for LPIL and LPKY,
Payroll $18k, Hyatt Columbus (estimated) $90k, Credit Card $21k (mostly
convention related). That's a total of $155. That would be a cash shortfall
of -$45k. I think if funds come in as they've been the last week or so we
can cover this over a period of a couple weeks and I can delay some of the
payment to Hyatt. Also NY has generously agreed to spread their obligation
over a 6 week period but that still doesn't leave us any wiggle room for
any additional expenses until at least Sept/Oct.

We're currently in a financial hole.  In June of 2010 (a comparable point
in our 4-year financial cycle), we were approximately $200k better off in
terms of cash flow.  I believe some contributing factors to be the fact
that we hired a political director with "savings" from buying a building,
but we hired the position a year before we actually bought a building and
moved in so as to achieve any savings.  The building fundraising efforts
seriously cannibalized our general fundraising efforts.  We have a
political director and own a building now, but we left ourselves in bad
financial shape.

We need to be building the warchest to get our 2016 presidential candidate
on the ballot, so on tonight's call I will be asking questions like:

1)  Given how many of our affiliates currently have 2016 ballot access,
what is the ballpark estimate of what we'll have to spend in the 2016 cycle
to get our presidential ticket on in the other states?

2)  Looking at historical data in NH for LP U.S. Senate candidates, what
baseline % does the typical paper candidate get?  What has been the maximum
an LP U.S. Senate candidate has gotten there in the recent past?  In other
words, has presidential ballot access been successfully obtained this way
in the past, or is this a hail-Mary?

3)  What is the state party doing to contribute to this candidate's ballot
access effort?  Funds?  Volunteer signatures?  Etc.

-Alicia




On Thu, Jul 24, 2014 at 12:19 PM, Alicia Mattson <agmattson at gmail.com>
wrote:

> Robert Kraus provided me with the call-in details for tonight's Executive
> Committee teleconference regarding NH ballot access as follows:
>
> Meeting Time:  9:30 Eastern / 6:30 Pacific
>
> Guest Instructions
>
> Dial-in: 1 (217) 258-5588
>
> International Dial-in: 00 + 1 (217) 258-5588
> Guest Pin Code: 207730
>
> Alicia Mattson
> LNC Secretary
>
>
>
>
> On Thu, Jul 24, 2014 at 6:53 AM, Nicholas Sarwark <chair at lp.org> wrote:
>
>> All,
>> There will be an Executive Committee conference call tonight at 9:30
>> pm EST to discuss spending ballot access funds to petition to put
>> Gardner Goldsmith from the Libertarian Party of New Hampshire on the
>> ballot.
>>
>> Wes or Robert will follow-up with the call-in details.
>>
>> -Nick
>>
>> _______________________________________________
>> Lnc-business mailing list
>> Lnc-business at hq.lp.org
>> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
>>
>
>
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