[Lnc-business] Proposed Budget for 2020

[Caryn Ann Harlos]

Mr. Hagan, are these the most recent documents attached?

*In Liberty,*

* Personal Note:  I have what is commonly known as Asperger's Syndrome
(part of the autism spectrum).  This can affect inter-personal
communication skills in both personal and electronic arenas.  If anyone
found anything offensive or overly off-putting (or some other social faux
pas), please contact me privately and let me know. *



On Fri, Nov 8, 2019 at 10:20 AM Joe Bishop-Henchman via Lnc-business <
lnc-business at hq.lp.org> wrote:

> Thank you, Tim!
>
> If the reports from the convention committee, ballot access committee,
> affiliate support committee, candidate support committee, and IT
> committee will not already have line-by-line breakdowns of their
> projected expenses, I'd appreciate receiving copies of those soon from
> those respective committees. I'm going to be reviewing this in more
> detail this coming Sunday.
>
> JBH
>
> ------------
> Joe Bishop-Henchman
> LNC Member (At-Large)
> joe.bishop-henchman at lp.org
> www.facebook.com/groups/189510455174837
>
> On 2019-11-03 20:18, Tim Hagan via Lnc-business wrote:
> > Footnotes (u) and (v) were added, and I did not go back to review the
> > print area before printing to a PDF. My mistake. For those who cannot
> > open the Excel files, these footnotes are:
> > (u) Principal on mortgage payment schedule
> > (v) Based on current trend minus $70,000.
> >
> > I don't see the difference on line 4106 - Campus Outreach. It's $0 on
> > both versions I have.
> >
> > The new donor revenues (lines 4010-30, 4030-30, 4040-30) are based on
> > the average of 2016 and 2018, the last two election years. We used
> > these historical numbers and not a 33% projected membership increase.
> >
> >
> > Line 7010-10 is based on the 2018 number of $72,600 plus the
> > Development team contracts, since this was the best fit of which
> > functional area to put Development.
> > Line 7010-20 is the revenue for Jan-Sep 2019 multiplied by 12/9 to
> > extrapolate out to the expected revenue for 2019.
> > Line 7010-30 is the average revenue for 2016 and 2018.
> > Line 7010 - Direct Mail Fundraising Expenses is the sum of 7010-10,
> > 7010-20, and 7010-30.
> >
> > Lines 7200-10 and 7200-15 sum up to the expected convention expenses
> > from the Convention Oversight Committee. Audio-Video expenses will be
> > higher at the 2020 convention than it has been in previous
> > conventions. That committee would have more details on the convention
> > expenses.
> >
> > Line 7310 - Affiliate Development is $56,000 for labor, $30,000 for
> > the CRM, and $4000 for other expenses.
> >
> > Line 7360 - Campaign/Candidate Support has $10,000 for direct
> > contributions to candidates; $81,300 labor for candidate recruitment,
> > support, and canvassing contractors; and the rest to provide candidate
> > training & support.
> >
> > Line 7375 - Branding/Political Materials is the average of 2016 & 2018
> > branding revenue.
> >
> > Line 7380-10 - Ballot Access Petitioning Expenses is for paying ballot
> > access petitioners. The Ballot Access Committee has the breakdown of
> > which states will require LNC assistance. Signs are that the cost per
> > signature will be higher next year than it was in previous elections.
> >
> > Line 8190 - Software, Hardware & Other IT is from the IT Committee
> > estimate of $6000/month, based on current spending.
> >
> >
> > ---
> > Tim Hagan
> > Treasurer, Libertarian National Committee
> >
> > On 2019-11-01 16:28, Joe Bishop-Henchman wrote:
> >> Thank you! This is good stuff.
> >>
> >> I'd like to request a narrative or detailed breakdown of the very
> >> large (6-digit or close to it) expense items, such as 7010, 7200,
> >> 7310, 7360, 7380, 8190.
> >>
> >> Also, the Excel version and the PDF version amounts do not line up for
> >> 4106. The PDF version also leaves out footnotes (u) and (v), but these
> >> are in the Excel version.
> >>
> >> A more substantive question is how much of the projected revenue
> >> increase is derived from the projected 33% increase in membership?
> >>
> >> I imagine some of it includes pay information so it shouldn't be sent
> >> on list and I'll keep that part confidential.
> >>
> >> Please don't interpret me sending this Friday night as needing this
> >> information ASAP. No rush.
> >>
> >> JBH
> >>
> >> ------------
> >> Joe Bishop-Henchman
> >> LNC Member (At-Large)
> >> joe.bishop-henchman at lp.org
> >> www.facebook.com/groups/189510455174837
> >>
> >> On 2019-10-31 18:59, Tim Hagan via Lnc-business wrote:
> >>> On behalf of the Executive Committee, a proposed 2020 budget to be
> >>> considered at the November 16-17 meeting is attached in both Excel
> >>> and
> >>> PDF. The budget is highlighted in cyan on the Operating Budget sheet.
> >>> The numbers come from the Acct Detail sheet. An additional sheet
> >>> having
> >>> employee and contractor salary information, which we've always
> >>> considered confidential, will be presented at the meeting.
> >>>
> >>> Total support and revenues is $2,343,400. Total cost of support and
> >>> revenues is $855,700. Total program expenses is $1,487,700. This
> >>> budget
> >>> is balanced, that is no surplus nor deficit.
> >>>
> >>> We expect capital expenditures of $7,300 and will pay $26,434 toward
> >>> the
> >>> principal in the mortgage payments. Will receive $48,546 from the
> >>> bequests held in escrow. These give a Unrestricted Operating Surplus
> >>> (I
> >>> think of it like a cash surplus) of $14,812.
> >>>
> >>> The total revenues are higher than 2018, but not as high as 2016,
> >>> which
> >>> was an exceptional year. Should be helped by having a development
> >>> team.
> >>>
> >>> Except for the portions going to administration work, the pay to
> >>> contractors show up on the appropriate functional lines on the Acct
> >>> Detail sheet. In particular, lines 7010-10 (Development), 7310
> >>> (Affiliate Development), 7340 (Media Relations & Press Releases), and
> >>> 7360-40 (Candidate Support & Training) include contractors.
>