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

[Wes Benedict]

I don't think we're very far off from the budget that has been set. 
However, spending all 12 months of ballot access funds in the first 8 
months of the year does cause a temporary dip in cash. Things should 
recover for the rest of the year if we don't take on new expensive projects.


Wes Benedict, Executive Director
Libertarian National Committee, Inc.
*New address: 1444 Duke St., Alexandria, VA 22314*
(202) 333-0008 ext. 232, wes.benedict at lp.org
facebook.com/libertarians @LPNational
Join the Libertarian Party at: http://lp.org/membership

On 7/24/2014 5:05 PM, Alicia Mattson wrote:
> 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.

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