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  • 1.  2022-2023 Budget Update

    Posted 09-12-2022 12:34
    Edited by Anne Sawyer 09-12-2022 13:06
    Hello Board

    Following up on our Board Meeting, I had to go back to the income breakdown to get more specific.  And I do believe it is for the positive! 

    See below - this is also updated on the Final Proposed Budget Here:  2022-2023 90 Minds Budget

    I have broken down renewals and only given actual numbers based on current membership.

    There are 3 categories with projections:  

    Affiliate New Members:  I have only listed 4 - and I actually had 7 new members last year. 
    Consultant New Firms:  I have estimated this as 5 new firms, which I believe is consistent with the current pattern. But ultimately we want more. 
    Transfers/Adds:  I have also included potential income from just consultant change fees.  

    This does not include any estimates on individual consultants.  I believe this to be an overall very conservative approach to income without any aggressive goals.  This also has nothing included as far as Meeting of the Minds.  Please let me know if you have any questions or comments - or suggested updates.  Thank you again for your patience.  

    TOTAL EXPENSES 159,630.02
    Income Projection 2022-2023
    Operation Expenses -$160,000.00
    Affiliate Renewals $2,500 $60,000.00 24 Members
    Affiliate New Members $4,500 $18,000.00 4 Members
    Consultant Firms $350 $34,300.00 98 Firms
    Consultant Members $350 $71,050.00 203 Members
    Consultant Firms/New $600 $3,000.00 Estimating a minimum of 5
    Consultant Transfers $150 $1,500.00 Estimating a minimum of 10
    Income total $183,350.00
    Total $27,850.00
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    Anne Sawyer
    Executive Director
    90 Minds, Inc. 1
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