The Generator Inc board meeting on December 16, 2014 covered the organization's finances, programs, operations, and administration. Regarding finances, there was $123,943 in cash on hand as of December 2014 with $32,000 in outstanding income and a November income-expense of $32,727/$36,655. The projected cash position at the start of 2015 was $115,000. Under programs, several efforts were being redesigned including outreach, education, volunteer programs, and events. Operations were also undergoing some redesigns including the woodshop, member sign-in process, and work space. Areas of administration and finance under redesign included the membership structure and rates as well as back-end systems like

1. Generator Board Meeting
December 16, 2014
GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

2. Director’s Update
Finances
Programs
Operations
Administration
GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

3. Financial Overview
GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014
NEW YORK CITY

4. Cash on hand, December 2014
$123,943
GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

5. Cash on hand, December 2014
$123,943
Outstanding Income, December 2014
$32,000
GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

6. Cash on hand, December 2014
$123,943
Outstanding Income, December 2014
$32,000
Income-Expense, November 2014
$32,727 / $36,655
GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

7. Cash on hand, December 2014
$123,943
Outstanding Income, December 2014
$32,000
Income-Expense, November 2014
$32,727 / $36,655
Cash Position at the Start of 2015
$115,000
GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

8. 150000
112500
75000
37500
0
Cashflow - August to December 2014
August September October November December
Income Expense Balance
GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

9. Burn Rate for the Remainder of FY15
Baseline assumptions to June 30
• $50,000 contributions
• ~$40,000 earned income
• ~$144,000 expenses
47 percent burn by June 30, 2015, or
8 percent per month (~$9,200)
~$50,000 in hand July 1, 2015
GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

10. Programs Overview
GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014
OSLO

11. WHO WE SERVE
Vision and Mission
MAKERS
BUSINESS
COMMUNITY
COMMUNITY
AT-LARGE
GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014
Provide tools,
programming, and
events that reward, engage,
and motivate.
Provide services and service
opportunities that meet the
needs of the business
community.
Provide educational
and inspirational
programs.

12. Programming
Several redesigned efforts under way
• Outreach program
• Education program
• Volunteer program
* Social hours
* Maker in residence
* Design-build challenges
GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

13. Operations Overview
GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014
BEIJING

14. Operations
A few areas under redesign
• Woodshop
• Member sign-in
• Work space
* More “maker markets”
* Additional equipment
- Proto-prototyping 3D printer
- Second laser cutter
- Plasma cutter
GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

15. Administration and
Finance Overview
GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014
NAIROBI

16. Finance and Administration
A few areas under redesign
• Membership structure, rates
• Back-end administration
• Communications
* MemberFindMe
* PayPal Reboot
* WordPress Reboot
* SalesForce
GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

17. GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014
ISTANBUL
THANK YOU