[Lnc-business] Proposed Budget for 2020

[Caryn Ann Harlos]

Thank you

*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 Wed, Nov 13, 2019 at 10:39 PM Tim Hagan <tim.hagan at lp.org> wrote:

> The most recent are the ones sent Halloween with filenames having Draft
> 3a:  LNC_Budget_2020_Draft3a-102619.xlsx, and three PDFs starting with
> 2020 Budget Draft 3a.
>
> ---
> Tim Hagan
> Treasurer, Libertarian National Committee
>
> On 2019-11-13 21:29, Caryn Ann Harlos via Lnc-business wrote:
> > 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.
> >>
>