Board Packet

SAN FRANCISCO LESBIAN GAY BISEXUAL TRANSGENDER PRIDE PARADE AND CELEBRATION COMMITTEE, INC

April 6TH, 2022

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AGENDA FOR
REGULAR BOARD OF DIRECTORS MEETING
HELD REMOTELY ON 2022-April-06

1. Standing Items (40 mins) a. Call to Order and Welcome b. Acknowledgement of Unceded Ramaytush Ohlone Land c. Roll Call d. Appointment of Meeting Roles i. Timekeeper ii. Stack Monitor iii. Vibe Watch e. Reading of the Mission Statement f. Reading of the Financial Protocol g. Reading and Approval of Minutes h. Approval of Agenda i. Reports of the Officers j. Reports of Committees i. Budget & Finance ii. Policies and Procedures iii. Personnel iv. Long Range Planning v. Nominating vi. Development vii. Audit viii. Community Affairs k. Agency Updates from Executive Director
2. Unfinished Business a. None
3. New Business (10 mins) a. Fundraiser Event w/ Club Fugazi (10 mins) SAN FRANCISCO LESBIAN GAY BISEXUAL TRANSGENDER PRIDE PARADE AND CELEBRATION COMMITTEE, INC

April 6TH, 2022

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1. Announcements
2. Program: Pronouns and their importance w/ Anjali Rimi (20 mins)
3. Public Comment
4. In Memoriam
5. Adjournment Closed Session to Follow for: a. Grand Marshal Selection b. Approval of Budget for FY2022

SAN FRANCISCO LESBIAN, GAY, BISEXUAL, TRANSGENDER
PRIDE PARADE AND CELEBRATION COMMITTEE, INC.

1663 Mission Street, Suite 305, San Francisco CA 94103 www.sfpride.org

Nguyen Pham Vice President Report April 6, 2022

MEETING PARTICIPATION • Participated in Board of Directors video conference meeting on March 2. • Chaired Membership video conference meeting on March 9. • Participated in Executive Committee video conference meetings on March 16 and March

DEVELOPMENT COMMITTEE • SF Pride Pro-Am Golf Tournament Fundraiser: Participated on coordination call with planning team on March 10. • Participated in Development Committee video conference meeting on March 21.

POLICIES & PROCEDURES COMMITTEE • Participated in P&P Committee video conference meeting on March 19.

COMMUNITY ENGAGEMENT • Attended SF Bay Times “Divas & Drinks” community event on March 24. • Attended Transgender Day of Visibility event at SOMArts on March 31.

ROUTINE RESPONSIBILITIES • Engaged with SF Pride content via social media channels as feasible.

MILESTONES SCHEDULED FOR NEXT PERIOD • Conduct Membership Meeting on April 13, 2022. • Participate in SF Pride Pro-Am’s next team call on April 14, 2022.

Treasurer’s Report
April 5th, 2022

Submitted by Janelle Vinson, Treasurer

Profit & Loss Statement – for the previous month: Gross Income $49,387.04 COGS $.00 Gross Profit
$49,387.04 Expenses $99,220.79 Net Income ($49,833.75)

Total for 6th month of the fiscal year: Gross Income $296,184.68 COGS $.00 Gross Profit $296,184.68 Expenses $576,617.08 Net Income $(280,432.40)

Cash Flow Statement for FY 2022 Cash at the beginning of the month $510,576.33 Net Cash from Operating Activities ($49,081.49) Net Cash Increase ($49,081.49) Cash at the End of the Period $461,494.84

Wells Fargo Checking (Unrestricted) $66,067.49 (Fiscal Agencies – Restricted Funds) $28,501.81 Wells Fargo MarketRate (Reserve) $325,442.32

 Wells Fargo Bank Savings  $26,546.32 
 Fresno First  $14,881.69 

Narrative Overview:
We have done well at keeping our expenses low. We have started the process of preparing for the celebration and expect expenses to rise over the next 3 months. Cash flow is good for the next 30 days, and commitments continue to increase for partnerships.
10:35 PM 04/01/22 Accrual Basis SF Lesbian Gay Bisexual Transgender Pride CC, Inc. Balance Sheet As of March 31, 2022 Mar 31, 22 ASSETS Current Assets Checking/Savings 0101 · Wells Fargo Bank Checking 0101A · Restricted Funds 0101AGR · Howard Grayson LGBT 1,303.01 0101ALA · Latin Stage 520.35 0101API · Pink Triangle 23,989.33 0101ASI · Sistahs Steppin 818.31 0101ASO · Soul of Pride 1,870.81 Total 0101A · Restricted Funds 28,501.81 0101 · Wells Fargo Bank Checking - Unrestricted Funds 66,067.49 Total 0101 · Wells Fargo Bank Checking 94,569.30 0102 · WellsFargo MarketRate (Reserve) 325,442.30 0104 · WellsFargo Bank Savings 26,546.32 0106 · Fresno First 14,881.69 0113 · Petty Cash Account 55.23 Total Checking/Savings 461,494.84 Accounts Receivable 0115 · Accounts Receivable (General) 19,500.00 Total Accounts Receivable 19,500.00 Total Current Assets 480,994.84 Fixed Assets 0140 · FURNITURE & EQUIPMENT 0140a · Furniture & Equipment 4,999.51 0141 · Accumulated Depreciation -4,999.51 Total 0140 · FURNITURE & EQUIPMENT 0.00 Total Fixed Assets 0.00 Other Assets 0189 · TRADEMARKS 0189A · Trademarks 60,610.96 0189B · Accumulated Amortization -57,820.96 Total 0189 · TRADEMARKS 2,790.00 0195 · Other Deposits 88,969.23 Total Other Assets 91,759.23 TOTAL ASSETS 572,754.07 LIABILITIES & EQUITY Liabilities Current Liabilities Other Current Liabilities 0215L · Health/Fire Permit Fees Payable 2,800.00 0216 · Vendor Security Deposits 1,200.00 0250L · Payroll Taxes Due Payable -959.97 0255L · Vacation Time Account Payable 17,055.33 Total Other Current Liabilities 20,095.36 Page 1 of 2 10:35 PM 04/01/22 Accrual Basis SF Lesbian Gay Bisexual Transgender Pride CC, Inc. Balance Sheet As of March 31, 2022 Mar 31, 22 Total Current Liabilities 20,095.36 Long Term Liabilities 0261 · Fresno First Line of Credit 132,413.00 Total Long Term Liabilities 132,413.00 Total Liabilities 152,508.36 Equity 3000 · Opening Bal Equity 81,844.00 3100 · Temp Restricted Net Assets (TRN 344,875.00 3800.1 · NetAssetsReleased, UnRestrict 425,490.00 3800.4 · NetAssetsReleased, TempRestrict -425,490.00 3900 · Retained Earnings 273,959.11 Net Income -280,432.40 Total Equity 420,245.71 TOTAL LIABILITIES & EQUITY 572,754.07 Page 2 of 2 Mar 22 OPERATING ACTIVITIES Net Income -49,833.75 Adjustments to reconcile Net Income to net cash provided by operations: 0215L · Health/Fire Permit Fees Payable 350.00 0216 · Vendor Security Deposits 200.00 0250L · Payroll Taxes Due Payable 202.26 Net cash provided by Operating Activities -49,081.49 Net cash increase for period -49,081.49 Cash at beginning of period 510,576.33 Cash at end of period 461,494.84 10:35 PM SF Lesbian Gay Bisexual Transgender Pride CC, Inc. 04/01/22 Statement of Cash Flows March 2022 Page 1 Oct 21 Nov 21 Dec 21 Jan 22 Feb 22 Mar 22 TOTAL Ordinary Income/Expense Income 0402 · Membership Income 495.00 15.00 25.00 0.00 350.00 1,630.00 2,515.00 0409 · Vendor Income 0410 · Vendor/Booth Fees Income 0410P · Pride - Vendor Income 0.00 0.00 0.00 9,565.00 5,515.00 15,805.00 30,885.00 Total 0410 · Vendor/Booth Fees Income 0.00 0.00 0.00 9,565.00 5,515.00 15,805.00 30,885.00 0425 · Booth Equip. Rental Income 0.00 0.00 0.00 570.00 110.00 1,410.00 2,090.00 Total 0409 · Vendor Income 0.00 0.00 0.00 10,135.00 5,625.00 17,215.00 32,975.00 0411 · Parade Fee Income 0411FM · Pride-Float/March Income 0.00 0.00 0.00 1,340.00 975.00 21,835.00 24,150.00 Total 0411 · Parade Fee Income 0.00 0.00 0.00 1,340.00 975.00 21,835.00 24,150.00 0414 · Donations (Individual) Income 55,392.62 2,238.99 90.00 829.00 295.00 5,704.63 64,550.24 0417 · Corporate Sponsorship Income 22,500.00 0.00 30,000.00 0.00 0.00 0.00 52,500.00 0421 · Interest Income 4.04 3.92 3.15 3.13 2.84 2.41 19.49 0424 · Other Income 0424PT · Pink Triangle 0.00 0.00 0.00 0.00 0.00 3,000.00 3,000.00 Total 0424 · Other Income 0.00 0.00 0.00 0.00 0.00 3,000.00 3,000.00 0430 · Grants For the Arts 0430A · Pride - Grants for the Arts 0.00 0.00 0.00 100,000.00 0.00 0.00 100,000.00 Total 0430 · Grants For the Arts 0.00 0.00 0.00 100,000.00 0.00 0.00 100,000.00 0450 · Merchandise Sales 357.00 0.00 0.00 0.00 0.00 0.00 357.00 0490 · Fundraising - General 15,942.00 0.00 75.95 0.00 0.00 0.00 16,017.95 4900 · Fiscal Sponsee Income 4900.14 · Donations (Individual) Income 0.00 0.00 0.00 100.00 0.00 0.00 100.00 Total 4900 · Fiscal Sponsee Income 0.00 0.00 0.00 100.00 0.00 0.00 100.00 Total Income 94,690.66 2,257.91 30,194.10 112,407.13 7,247.84 49,387.04 296,184.68 Gross Profit 94,690.66 2,257.91 30,194.10 112,407.13 7,247.84 49,387.04 296,184.68 Expense 0601 · Advertising (Event) 5.97 13.34 0.00 0.00 0.00 0.00 19.31 0602 · Bank Fees 12.79 107.62 159.50 467.55 303.72 1,147.29 2,198.47 0603 · Utilities and Maintenance 0603C · Cleaning & General Maintenance 1,111.97 1,111.97 1,241.97 409.17 685.25 685.25 5,245.58 0603U · Utilities 337.50 0.00 403.31 740.81 0.00 0.00 1,481.62 Total 0603 · Utilities and Maintenance 1,449.47 1,111.97 1,645.28 1,149.98 685.25 685.25 6,727.20 0606 · Insurance Expense 7,043.92 664.67 0.00 367.75 0.00 0.00 8,076.34 0607 · Postage Expense 116.00 41.56 0.00 0.00 0.00 0.00 157.56 0608 · Copying/Printing Expense 0.00 39.16 237.87 0.00 4.57 0.00 281.60 0609 · Office Supplies Expense 394.32 394.32 593.32 705.47 394.32 394.32 2,876.07 0610 · Accounting/Auditing Expense 2,000.00 2,000.00 2,000.00 7,524.50 2,000.00 2,000.00 17,524.50 0612 · Other Supplies 28.06 0.00 0.00 0.00 0.00 0.00 28.06 0613 · Employee Benefits Expense 0613M · Medical/Dental Benefits 4,332.93 3,358.15 3,384.55 5,222.12 2,630.86 2,575.83 21,504.44 Total 0613 · Employee Benefits Expense 4,332.93 3,358.15 3,384.55 5,222.12 2,630.86 2,575.83 21,504.44 0614 · Equipment Rental Expense 215.25 215.25 215.25 25,225.03 225.03 215.25 26,311.06 0615 · Rent (Office) Expense 9,226.29 9,226.29 9,226.29 1,530.07 5,393.50 5,393.50 39,995.94 0616 · Rent (Non-Office Space) Exp. 1,140.00 1,140.00 1,526.00 1,606.00 2,106.00 1,667.00 9,185.00 0618 · Equipment Repair & Maintenance 119.10 357.30 0.00 0.00 378.74 0.00 855.14 0619 · Contracted Services 2,520.75 2,532.69 27,075.00 57,015.00 25,655.00 27,555.00 142,353.44 0620 · Contractors 2,000.00 2,300.00 2,000.00 0.00 0.00 0.00 6,300.00 0622 · Payroll Taxes 2,274.30 2,274.30 2,274.30 2,949.22 3,060.00 2,241.46 15,073.58 0623 · Travel Expense 921.89 105.85 27.00 0.00 146.99 190.28 1,392.01 0625 · Telephone Expense 458.20 457.06 457.05 457.82 456.97 458.62 2,745.72 0626 · Payroll Expense 0626A · Payroll expense 29,729.16 29,729.16 29,729.16 38,551.64 40,000.01 29,300.41 197,039.54 Total 0626 · Payroll Expense 29,729.16 29,729.16 29,729.16 38,551.64 40,000.01 29,300.41 197,039.54 0627 · Permit Costs 1,250.00 0.00 0.00 0.00 1,100.00 286.00 2,636.00 0628 · Community Partners Grants 0628B · Grants from Board 1,000.00 250.00 500.00 0.00 0.00 250.00 2,000.00 Total 0628 · Community Partners Grants 1,000.00 250.00 500.00 0.00 0.00 250.00 2,000.00 10:39 PM SF Lesbian Gay Bisexual Transgender Pride CC, Inc. 04/01/22 Profit & Loss Accrual Basis October 2021 through March 2022 Page 1 Oct 21 Nov 21 Dec 21 Jan 22 Feb 22 Mar 22 TOTAL 0629 · Educational Development Exp. 0.00 25.00 0.00 0.00 0.00 250.00 275.00 0630 · Food Expense 1,601.32 0.00 0.00 0.00 2,496.58 155.70 4,253.60 0631 · Media/PR Expense 1,073.28 420.60 0.00 9,840.00 13,399.40 21,800.00 46,533.28 0632 · Volunteer/Staff Recognition Exp 0.00 0.00 0.00 317.70 0.00 59.95 377.65 0636 · Branded Apparel Expense 2,700.00 0.00 0.00 0.00 0.00 0.00 2,700.00 0645 · Signage Expense 983.00 0.00 0.00 0.00 0.00 0.00 983.00 0655 · Data Management Expense 1,531.33 1,178.82 1,259.49 1,224.91 1,134.58 1,794.93 8,124.06 0660 · Fundraising Expense 3,242.95 0.00 0.00 0.00 0.00 0.00 3,242.95 0690 · Interest Expense 44.79 44.79 44.78 44.79 623.78 800.00 1,602.93 0696 · Lodging/Hotel Epense 0.00 0.00 0.00 0.00 1,243.63 0.00 1,243.63 6800 · Fiscal Sponsee Expenses 6800.19 · Contracted Services 0.00 1,000.00 0.00 1,000.00 0.00 0.00 2,000.00 Total 6800 · Fiscal Sponsee Expenses 0.00 1,000.00 0.00 1,000.00 0.00 0.00 2,000.00 Total Expense 77,415.07 58,987.90 82,354.84 155,199.55 103,438.93 99,220.79 576,617.08 Net Ordinary Income 17,275.59 -56,729.99 -52,160.74 -42,792.42 -96,191.09 -49,833.75 -280,432.40 Net Income 17,275.59 -56,729.99 -52,160.74 -42,792.42 -96,191.09 -49,833.75 -280,432.40 10:39 PM SF Lesbian Gay Bisexual Transgender Pride CC, Inc. 04/01/22 Profit & Loss Accrual Basis October 2021 through March 2022 Page 2