Finance and Administration Roundtable

“Description: interest. Amount: 15.”

“Description: meetings. Amount: 41,183. Description: website expenses. Amount: 3,162. Description: travel. Amount: 1,096. Description: office expense. Amount: 1,627. Description: supplies. Amount: 833. Description: licenses & fees. Amount: 2,000. Description: insurance. Amount: 1,851. Description: bank service charge. Amount: 547. Description: credit card service charge. Amount: 4,661. Description: bad debt expense- memberships. Amount: 405. Description: layout/ design. Amount: 319. Total to form 990-ez, line 16: 57,684.”

“Description: prior period adjustment. Amount: 233.”

“Description: accounts receivable. Beg. Of year amount: -2,040. End of year amount: 53. Description: prepaid expenses. Beg. Of year amount: 2,601. End of year amount: 6,493.”

“Description: accounts payable. Beg. Of year amount: 5,712. End of year amount: 17,896. Description: deferred revenue. Beg. Of year amount: 18,019. End of year amount: 69,544.”

“Person name: conference incorporated (ci) compensation explanation: the organization delegated control over management duties to conference incorporated (ci) on march 1, 2020. Ci has continued to provide a variety of services, including management and support services for the organization. Donna tschiffely, the founder of ci, serves as the executive director of far. For fy23, donna was compensated approximately $18,750 for her services as the organization's executive director.”

“The executive committee consists of the officers of far and any chief of staff executive who serves ex-officio and without vote. The executive committee exercises the authority of the board of directors between board meetings provided that the board of directors approves the actions and minutes of the executive committee at its next meeting. Failure of the board to approve executive committee action and/or meeting minutes renders executive committee action null and void. A majortiy of the entire executive committee constitutes a quorum. Meetings of the executive committee are called by the chariman.”