Board Packet

Agenda for the Regular Board of Directors Meeting Held in-person on February 5, 2025
Meetings Guidelines and Protocols: https://members.sfpride.org/meetings
1.​ Standing Items (60 mins)
a.​ Call to Order and Welcome b.​ Acknowledgement of Unceded Ramaytush Ohlone Land c.​ Roll Call e.​ Appointment of Meeting Roles
i.​ Timekeeper, Stack Monitor, Vibe Watch f.​ Reading of the Mission Statement g.​ Reading of the Financial Protocol h.​ Reading of Public Comment Protocol h.​ Disclosure of Potential Conflicts of Interest i.​ Approval of the Agenda j.​ Reading and Approval of Minutes k.​ Reports of the Officers
l.​ Reports of Committees
i.​ Budget & Finance (5min)
ii.​ Community Affairs (5min)
iii.​ Development (10min)
iv.​ Entertainment Committee (5min)
v.​ Policies & Procedures (5min)
m.​ Agency Updates from Executive Director (8 mins)
2.​ Unfinished Business (0 mins)
a.​ none 3.​ New Business (40 mins)
b.​ Board member resignations (Josh) c.​ Grand Marshal 2025 (Marsha) d.​ 2025 Key Art Review (Greg) e.​ Board Agenda changes (Adell) i.​ Standing items ii.​ Old Business iii.​ New Business 4.​ Announcements (5 mins)
5.​ Public Comment (10 mins)
6.​ In-Memoriam
7.​ Adjournment

Closed Session to Follow
●​ Potential Liquidity Topic ●​ Grand Marshal Selection AGENDA FOR
REGULAR BOARD OF DIRECTORS MEETING
HELD REMOTELY ON 2025-January-08
Meetings Guidelines and Protocols: https://members.sfpride.org/meetings
1.​ Standing Items (60 mins)
a.​ Call to Order and Welcome…
b.​ Acknowledgement of Unceded Ramaytush Ohlone Land
i.​ Read by: Suzanne c.​ Roll Call: Josh, Ronnie, Jack, Maceo, Adell, Jupiter d.​ Apologies: Dr. Nas
e.​ Appointment of Meeting Roles
i.​ Timekeeper: Ronnie ii.​ Stack Monitor: Maceo iii.​ Vibe Watch: Josh f.​ Reading of the Mission Statement
i.​ Jack reads the mission statement g.​ Reading of the Financial Protocol
i.​ Maceo h.​ Reading of Public Comment a.​ Josh i.​ Disclosure of Potential Conflicts of Interest
i.​ Chris will make sure that it will be added to packet ii.​ Jupiter: Openhouse, Castro Queer Cultural District (CQCD), and Center for Immigrant Protection (CIP) i.​ Approval of the Agenda
i.​ Consensus with no objection j.​ Reading and Approval of Minutes
i.​ Consensus with no objection k.​ Reports of the Officers
i.​ President
1.​ Working closely with committee chairs for updates at the committee level. Briefings from Suzanne. Thanks to the board for hard work and engagement. ii.​ VP
1.​ Had a long range committee meeting in dec. Will hopefully meet in jan. Met with the personnel committee, finance committee, scheduled to meet with the auditor later this month.
2.​ Josh acknowledges the fires in southern california and impact on our communities iii.​ Treasurer
1.​ Met with budget and finance committee, did not yet get to share revised budget with concessionaires model - still in progress. 2.​ Met with staff about adding more separation of duties to add more protections against risk of fraud within the financial reporting structure.
iv.​ Secretary
1.​ Absent today, Jack is taking notes. Please note Dr. Nas has some new career updates which may require him to be unavailable for some meetings moving forward. l.​ Reports of Committees
i.​ Budget & Finance (5min)
1.​ Budget and finance committee meeting update: discussed nas’s new development proposal (see development section). Identified opportunities and risks for the program, but this committee was very supportive of the program over all, especially the financial independence it could represent for our org.
2.​ For the board retreat, we’re hoping to have more formal financial training for the board, including level of financial compliance on the board of directors.
a.​ ACTION: Chris is going to send the agenda to Jack so we know what the time slots are for the training, and Jack will follow up with potential trainers.
2.​ P&L monthly Review - Q4 2024 - total expenses and net income are the same number for nov and dec. Adell noted that expenses are at a reasonable burn rate. We have some amount of unrestricted reserves remaining. Adell noted that we have a line of credit we can tap into if needed. Suzanne expressed confidence that GFTA funds will arrive very soon ii.​ Community Affairs (5min)
1.​ Relatively quiet - last meeting took place last year in dec. Resistance contingent is a priority. The committee Also looked at future member meeting agendas. CAC will be convening during the retreat.
2.​ Jack reported he met with Jupiter to discuss resistance contingent. There was consensus around the importance of getting the word out to existing, new and those where repair work may be needed. Jack spoke to the importance of this initiative given incoming administration. Jack reminded the team this is a board lead activation. A question…what do communities need from SF Pride, maybe developing a statement of purpose as well as what does year round support look like. Jupiter spoke to brainstorming strategy. A goal is to have resistance contingent to be the largest ever! To make this happen, we will need to work toward unity. To resolve any divisions early so we can be a voice of one. 3.​ Suzanne spoke to importance of brining proposals for Resistance back to the board as well a be aware of Public Speaking policy 4.​ Jack to f/u with staff 5.​ Josh spoke to 100% no surprises 6.​ Josh will add an agenda item to the retreat this weekend focused on orgs we’ll be reaching out to, what the history is, what they’re likely to ask for, and what is (and is not) on the table for us to offer
iii.​ Development (10min)
1.​ SF Pride Queer Joy Fund & Fashion for Freedom Event (Josh to present with support from Adell
a.​ The board thanked Nas for putting the proposal together. Thanks for B&F for initial feedback.
b.​ Purpose - a new source of income for the agency, help with income diversification. Nas’s intention is for sf pride to diversify income sources and specifically have an endowment or investment vehicle that compounds on itself, to relieve dependence on sponsorship and challenges funding aligned organizations. Just with the event proceeds will have a long runway for significant yield, but worth it over time.
1.​ Could tap donors over time by establishing an event that becomes meaningful in the community that sells the promise of empowerment through our organization to family offices and donors.
b.​ Fashion for freedom - runway show for folks repping orgs and sf pride would give some amount of money to those orgs as a prize for the winningest runway.
c.​ The board has done a lot of work on creating a set of core values, and when new things come to the agency they run it through core values, and Nas has explained how this fits with sf pride’s core values.
d.​ See linked proposal for more detail. e.​ Adell reported that Nas presented to B&F, he is facing a chicken and egg problem where he could produce a higher yield event if he’s able to spend more money (needs approval to solicit sales of vip tables, wants approval from members here today about that).
f.​ There are two versions of this - today’s version, and an enhanced version, which b&f can’t advocate for until nas has more clarity from the board. g.​ Suzanne has met with nas, her function is to share experience with building the golf tournament, and secure a free venue for this event. She’s meeting with nas and yerba buena district and also the fairmont. Suzanne is very in favor - this is exactly what we need to do, find someone who has a passion on the development committee. Cautions us to walk before we run. Introduced nas to head stylist at banana republic (antonio) - connections to fashion industry in new york and sf.
h.​ Suzanne needs to get him a venue for him to know how many tickets he can sell, then he’ll have a sense of budget and potential revenue. Then he can solidify a budget request for a scale he can produce.
Nas wants to do it in june.
i.​ It was noted that staff provides venue, experience, and ticketing systems, but most work will fall on the board. Suzanne recommends the board approve the concept (which is all that can be done right now).
j.​ Question:If we approve now, will there be future opportunities to decide or revise details, including the date? i.​ The staff says they will do what the board wants and can be flexible.
k.​ Nas’s intention is to have the event the friday before the celebration in order to expand the local end of June footprint for sf pride, a bundled experience, come to the week of events and then the celebration over the weekend. Below are some comments from The Board; i.​ Need to be aware of competing events, don’t want to compete with mr and mrs safe latino, a big pageant that usually happens in early june and it is important to many in the community. Also the last year of ALC, and a lot of folks are going to be gone for that in the first week of june.
ii.​ Current potential date is june 23.
iii.​ The success and making money depends partially on not interfering with other traditional events that happen that month, including trans march happening on friday. (it would be the friday before trans march, not on the friday of trans march).
iv.​ Ronnie recommends revisiting his suggestion from last meeting - expanding all our events as a whole for pride month, we can celebrate pride and celebrate our community as a whole with other events throughout the month.
v.​ Board expresses a consensus around greenlighting the concept vi.​ Adell proposes voting to approve a $20K budget for producing the event this year, with an understanding that we may expand the budget with the board’s approval if nas is able to secure $50K with of vip funding for example. (Committing to the event this year allows nas to solicit high end sponsors and donors).
1.​ No objections. Consensus for this to move forward.
iv.​ Entertainment Committee (5min)
1.​ The rfp went out for community stages. If folks have suggestions for entertainers, feel free to roll that into community affairs, copy Joshua, and that way they can work with staff on it. Send ideas to ronnie and joshua.
i.​ Suzanne notes that this committee needs one more person. Linda has stepped away from the board.
v.​ Policies & Procedures (5min)
1.​ Jack noted that goal is to keep a running list of things that come up that relate to P+P, particularly P+P that is creating roadblocks. Please contact Jack if you run into any P+P that creates a road block. Jack noted that there are a great deal of P+P that are in place, but may not be followed. Jack would like feedback from the committee chairs to review P+P that relates to their committee. Goal is to uncover P+P that is not being followed 2.​ Suzanne suggested that chairs consider connecting with Chris to go over respective P+P 3.​ ACTION: Jack will reach out to committee chairs with relevant p&P language for their committees, and schedule a meeting for us to get together after folks have read over them to identify what needs to be taken out and what needs more support to keep so we can bring activity into alignment with our documents.
m.​Agency Updates from Executive Director (8 mins)
i.​ Committees are working faster than suzanne has seen in her time on the board, however workload stemming from committee does impact staff capacity. Suzanne asked the board to allow some runway for staff to meet increased workload demands. Suzanne met with long range planning,
b&f, development, excom meetings, meeting with josh weekly.
ii.​ Meeting with audit committee and auditor on 27th. Number one job is making sure we have funds in place. The audit is connected to what we’re trying to accomplish. Suzanne went on to comment that while income is slim during these months, she expressed confidence that GFTA funds will soon arrive. Suzanne thanked the staff for working to reduce expenses to a bare minimum over the last few months. She went onto note that relationships and trust is something we’re doing well, and that’s thanks to the whole team.
iii.​ In operations, alina is now the sponsorship fulfillment manager, she has been promoted iv.​ Suzanne Noted that London is back as a program manager..
v.​ Sponsorship - met with salesforce last year. It’s been a 3.5 year odyssey with suzanne. They’re coming back this year in a much larger way, and they’re excited about it. They’re from sf and should be supporting sf pride, SFO has earmarked funds as well this year. UCSF they’re negotiating a bigger deal than last year, which was historic. Red bull should have a proposal for them on Monday or Tuesday, bigger than last year. Very optimistic about sponsorship this year. It’s going to be the national orgs that weren’t really supporting us in the past years anyway.
vi.​ Two big things facing us we dont’ have answers yet. Number one is beverage program, she’s meeting with rye tomorrow and jack tomorrow. Talking about turnout volunteers, as well as volunteer bar tenders and beneficiary orgs. We need to have a program back in place and they’re working on it. vii.​ Donations - working with street fair coalition to use folsom’s model, they’re working on putting together the exact program to share with the board.
viii.​This is the most historic pride i’ll be a part of is this year. I don’t want ot be anywhere else in the wrold in the last weekend in june than in sf with you all
ix.​ Retreat 2.​ Unfinished Business (0 mins)
a.​ USAP/Creating Change delegate update
i.​ tabled 3.​ New Business (30 mins)
a.​ February board meeting facilitator (Josh)
i.​ Maceo is facilitating. It’s in person with a virtual option if needed.
b.​ Grand Marshal 2025 (Chris)
i.​ Marsha joined the team this year to help manage awards programs, grand marshalls, and many other things. Marsha put together a criteria sheet which explains what the criteria is for community grand marshalls. Nominees have to be local heroes that live primarily in the 9 counties of the bay area. Nominees Have to have contributed either a large body of work or something super important to the lgbtqia+ community. They choose 4 individual grand marshalls, one life time achievement, and one community grand marshal
ii.​ See link for details iii.​ Josh noted that this is a great opportunity to engage members, engage public. Our role is whittling it down at the very end.
iv.​ Can the board make recommendations for an org grand marshall for example under special circumstances? a.​ The board can use the suggestion form to suggest an individual or an organization. Just want to caveat the appearance of self interest or conflict of interest if it’s someone you’re close to.
b.​ Jupiter was thinking about ALC since this is the last year. Asks if there is an opportunity to explain why we’re suggesting? Yes. There;s also on the form a list of past honorees to prevent dupliccation.
c.​ Last year the org grand marshall was chosen by the board and not the membership d.​ Neo Ve’ave’a who founded utopia pacific islander org, marching with pride since 1980, was missing from past list (https://utopiawa.org/im-still-here-trials-lessons-and-triumphs-of -a-lifelong-champion/) 4.​ Announcements (5 mins)
a.​ Suzanne invites folks 6-8 at beacon grant hotel, nguyin pham and suzanne were on cover of lux magazine on jan 28. If you want to go, tell Suzanne and she’ll put you on the list.
5.​ Public Comment (10 mins)
a.​ none 6.​ In-Memoriam
a.​ Lifting up and centering our family in southern california with the fires, we’ve already lost at least 5 people.
b.​ Rupaul’s drag race star the vivienne passed away c.​ The people in new orleans with the recent attack 7.​ Adjournment
a.​ Adjourns at 8:38PM Closed Session to Follow

4:57 PM 02/03/25 Accrual Basis SF Lesbian Gay Bisexual Transgender Pride CC, Inc. Balance Sheet As of January 31, 2025 Jan 31, 25 ASSETS Current Assets Checking/Savings 0101 · Wells Fargo Bank Checking 0101A · Restricted Funds 0101AGR · Howard Grayson LGBT 1,228.21 0101ALA · Latin Stage 450.88 0101API · Pink Triangle 21,362.26 0101ASO · Soul of Pride 520.00 Total 0101A · Restricted Funds 23,561.35 0101 · Wells Fargo Bank Checking - Unrestricted Funds 3,263.02 Total 0101 · Wells Fargo Bank Checking 26,824.37 0102 · WellsFargo MarketRate (Reserve) 170,632.01 0104 · WellsFargo Bank Savings 1,560.72 0106 · Fresno First 87.72 0113 · Petty Cash Account 55.23 Total Checking/Savings 199,160.05 Total Current Assets 199,160.05 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 -58,750.96 Total 0189 · TRADEMARKS 1,860.00 0191 · Prepaid Expenses 59,527.00 0195 · Other Deposits 29,442.23 0196 · Loans 8,000.00 Total Other Assets 98,829.23 TOTAL ASSETS 297,989.28 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 0210 · Accounts Payable 22,116.86 Total Accounts Payable 22,116.86 Other Current Liabilities 0250L · Payroll Taxes Due Payable 8,822.45 0255L · Vacation Time Account Payable 25,290.87 Total Other Current Liabilities 34,113.32 Total Current Liabilities 56,230.18 Page 1 of 2 4:57 PM 02/03/25 Accrual Basis SF Lesbian Gay Bisexual Transgender Pride CC, Inc. Balance Sheet As of January 31, 2025 Jan 31, 25 Long Term Liabilities 0270 · Deferred rent liability 7,234.00 Total Long Term Liabilities 7,234.00 Total Liabilities 63,464.18 Equity 3000 · Opening Bal Equity -45,691.00 3800.1 · NetAssetsReleased, UnRestrict 586,907.00 3800.4 · NetAssetsReleased, TempRestrict -586,907.00 3900 · Retained Earnings 517,506.14 Net Income -237,290.04 Total Equity 234,525.10 TOTAL LIABILITIES & EQUITY 297,989.28 Page 2 of 2 Oct ‘24 - Jan 25 Budget $ Over Budget % of Budget Ordinary Income/Expense Income 0402 · Membership Income 465.00 10,000.00 -9,535.00 4.7% 0409 · Vendor Income 0410 · Vendor/Booth Fees Income 0410F · Pride-Vendor Income-Food 0.00 100,000.00 -100,000.00 0.0% 0410P · Pride-Vendor Income-Other 0.00 200,000.00 -200,000.00 0.0% Total 0410 · Vendor/Booth Fees Income 0.00 300,000.00 -300,000.00 0.0% 0425 · Booth Equip. Rental Income 0.00 11,000.00 -11,000.00 0.0% Total 0409 · Vendor Income 0.00 311,000.00 -311,000.00 0.0% 0411 · Parade Fee Income 0411FM · Pride-Float/March Income -154.50 275,000.00 -275,154.50 -0.1% 0411W · DykesOnBikes (WMC) 0.00 3,000.00 -3,000.00 0.0% Total 0411 · Parade Fee Income -154.50 278,000.00 -278,154.50 -0.1% 0412 · Beverage Sales 0412P · Pride - Beverage sales 0.00 260,000.00 -260,000.00 0.0% Total 0412 · Beverage Sales 0.00 260,000.00 -260,000.00 0.0% 0413 · Pocket Pride 0.00 2,000.00 -2,000.00 0.0% 0414 · Donations (Individual) Income 17,049.00 48,000.00 -30,951.00 35.5% 0416 · Barrel Donations Income 0416E · Electronic Gate Donations 0.00 8,000.00 -8,000.00 0.0% 0416P · Pride - Barrel Donations 0.00 3,000.00 -3,000.00 0.0% Total 0416 · Barrel Donations Income 0.00 11,000.00 -11,000.00 0.0% 0417 · Corporate Sponsorship Income 50,000.00 2,600,000.00 -2,550,000.00 1.9% 0421 · Interest Income 5.80 8,500.00 -8,494.20 0.1% 0423 · Ad/Publication Sales Income 0423A · Ad/Publication Income 0.00 2,000.00 -2,000.00 0.0% Total 0423 · Ad/Publication Sales Income 0.00 2,000.00 -2,000.00 0.0% 0424 · Other Income 0424PP · Pride Pass 0.00 40,000.00 -40,000.00 0.0% 0424PT · Pink Triangle 3,000.00 0424VIP · VIP Tickets 0.00 65,000.00 -65,000.00 0.0% Total 0424 · Other Income 3,000.00 105,000.00 -102,000.00 2.9% 0430 · Grants For the Arts 0430A · Pride - Grants for the Arts 0.00 600,000.00 -600,000.00 0.0% Total 0430 · Grants For the Arts 0.00 600,000.00 -600,000.00 0.0% 0440 · Grandstand Ticket Sales 0.00 45,000.00 -45,000.00 0.0% 0441 · Other Ticket Sales 0.00 20,000.00 -20,000.00 0.0% 0450 · Merchandise Sales 260.00 15,000.00 -14,740.00 1.7% 0490 · Fundraising - General 2,700.00 68,000.00 -65,300.00 4.0% 0495 · Management Fees Income 0.00 900.00 -900.00 0.0% Total Income 73,325.30 4,384,400.00 -4,311,074.70 1.7% Gross Profit 73,325.30 4,384,400.00 -4,311,074.70 1.7% Expense 0600 · Advertising (Administrative) 0.00 1,500.00 -1,500.00 0.0% 0601 · Advertising (Event) 0.00 5,000.00 -5,000.00 0.0% 0602 · Bank Fees 3,401.30 30,000.00 -26,598.70 11.3% 0603 · Utilities and Maintenance 0603C · Cleaning & General Maintenance 2,301.62 9,000.00 -6,698.38 25.6% 0603U · Utilities 809.30 2,000.00 -1,190.70 40.5% Total 0603 · Utilities and Maintenance 3,110.92 11,000.00 -7,889.08 28.3% 0605 · Membership Dues Expense 0.00 3,000.00 -3,000.00 0.0% 0606 · Insurance Expense 7,971.86 210,000.00 -202,028.14 3.8% 0607 · Postage Expense 112.01 500.00 -387.99 22.4% 0608 · Copying/Printing Expense 27.64 12,000.00 -11,972.36 0.2% 0609 · Office Supplies Expense 204.51 8,000.00 -7,795.49 2.6% 0610 · Accounting/Auditing Expense 16,000.00 60,000.00 -44,000.00 26.7% 0612 · Other Supplies 4,698.27 21,600.00 -16,901.73 21.8% 0613 · Employee Benefits Expense 0613M · Medical/Dental Benefits 28,622.86 50,000.00 -21,377.14 57.2% Total 0613 · Employee Benefits Expense 28,622.86 50,000.00 -21,377.14 57.2% 0614 · Equipment Rental Expense 599.60 923,000.00 -922,400.40 0.1% 0615 · Rent (Office) Expense 23,402.82 72,000.00 -48,597.18 32.5% 0616 · Rent (Non-Office Space) Exp. 11,900.07 121,000.00 -109,099.93 9.8% 0617 · Clean-Up Costs (Event) 0.00 150,000.00 -150,000.00 0.0% 0618 · Equipment Repair & Maintenance 567.40 1,800.00 -1,232.60 31.5% 0619 · Contracted Services 35,229.00 558,600.00 -523,371.00 6.3% 0620 · Contractors 0.00 191,500.00 -191,500.00 0.0% 0621 · ASL Interpreter/ADA Compliance 0.00 27,500.00 -27,500.00 0.0% 0622 · Payroll Taxes 8,998.42 30,000.00 -21,001.58 30.0% 0623 · Travel Expense 6,129.08 44,000.00 -37,870.92 13.9% 0624 · Entertainer/Speaker Expense 0624M · Main Stage 0.00 170,000.00 -170,000.00 0.0% 0624S · Community Stages and Venues 0.00 40,000.00 -40,000.00 0.0% 0624T · Other Venues 337.96 2,500.00 -2,162.04 13.5% Total 0624 · Entertainer/Speaker Expense 337.96 212,500.00 -212,162.04 0.2% 0625 · Telephone Expense 895.14 900.00 -4.86 99.5% 0626 · Payroll Expense 0626A · Payroll expense 117,624.92 380,000.00 -262,375.08 31.0% Total 0626 · Payroll Expense 117,624.92 380,000.00 -262,375.08 31.0% 0627 · Permit Costs 1,245.00 80,800.00 -79,555.00 1.5% 4:57 PM SF Lesbian Gay Bisexual Transgender Pride CC, Inc. 02/03/25 Profit & Loss Budget vs. Actual Accrual Basis October 2024 through January 2025 Page 1 Oct ‘24 - Jan 25 Budget $ Over Budget % of Budget 0628 · Community Partners Grants 0628B · Grants from Board 2,098.44 50,000.00 -47,901.56 4.2% 0628P · Grants to Partners 0.00 11,000.00 -11,000.00 0.0% 0628W · Grants to Dykes on Bikes 0.00 2,500.00 -2,500.00 0.0% Total 0628 · Community Partners Grants 2,098.44 63,500.00 -61,401.56 3.3% 0629 · Educational Development Exp. 0.00 15,000.00 -15,000.00 0.0% 0630 · Food Expense 7,222.57 56,500.00 -49,277.43 12.8% 0631 · Media/PR Expense 3,550.00 52,000.00 -48,450.00 6.8% 0632 · Volunteer/Staff Recognition Exp 513.74 6,000.00 -5,486.26 8.6% 0633 · Security Costs 0.00 500,000.00 -500,000.00 0.0% 0635 · Legal Expense 0.00 40,000.00 -40,000.00 0.0% 0636 · Branded Apparel Expense 0.00 23,000.00 -23,000.00 0.0% 0640 · Sales Tax Expense/Other Taxes 631.85 0641 · Radio Rental Expense 0.00 10,000.00 -10,000.00 0.0% 0642 · Toilet Rental Expense 0.00 50,000.00 -50,000.00 0.0% 0643 · Fencing Rental Expense 0.00 80,000.00 -80,000.00 0.0% 0645 · Signage Expense 0.00 31,000.00 -31,000.00 0.0% 0655 · Data Management Expense 11,261.33 30,000.00 -18,738.67 37.5% 0660 · Fundraising Expense 362.91 18,000.00 -17,637.09 2.0% 0665 · Education and Outreach 5,603.72 0670 · Print Publications Expense 0.00 15,000.00 -15,000.00 0.0% 0696 · Lodging/Hotel Epense 4,833.00 30,000.00 -25,167.00 16.1% 0697 · Lost equipment & damages 0.00 10,000.00 -10,000.00 0.0% 6000 · Equipment Purchase Expense 0.00 12,000.00 -12,000.00 0.0% 6800 · Fiscal Sponsee Expenses 6800.27 · Permit Costs 2,259.00 6800.28 · Donations,Grants, Fellowships 1,200.00 Total 6800 · Fiscal Sponsee Expenses 3,459.00 Total Expense 310,615.34 4,248,200.00 -3,937,584.66 7.3% Net Ordinary Income -237,290.04 136,200.00 -373,490.04 -174.2% Net Income -237,290.04 136,200.00 -373,490.04 -174.2% 4:57 PM SF Lesbian Gay Bisexual Transgender Pride CC, Inc. 02/03/25 Profit & Loss Budget vs. Actual Accrual Basis October 2024 through January 2025 Page 2 Jan 25 OPERATING ACTIVITIES Net Income -31,642.02 Adjustments to reconcile Net Income to net cash provided by operations: 0250L · Payroll Taxes Due Payable -2,024.41 Net cash provided by Operating Activities -33,666.43 INVESTING ACTIVITIES 0196 · Loans -8,000.00 Net cash provided by Investing Activities -8,000.00 Net cash increase for period -41,666.43 Cash at beginning of period 240,826.48 Cash at end of period 199,160.05 4:54 PM SF Lesbian Gay Bisexual Transgender Pride CC, Inc. 02/03/25 Statement of Cash Flows January 2025 Page 1 Oct 24 Nov 24 Dec 24 Jan 25 TOTAL Ordinary Income/Expense Income 0402 · Membership Income 225.00 165.00 30.00 45.00 465.00 0411 · Parade Fee Income 0411FM · Pride-Float/March Income -154.50 0.00 0.00 0.00 -154.50 Total 0411 · Parade Fee Income -154.50 0.00 0.00 0.00 -154.50 0414 · Donations (Individual) Income 15,000.00 0.00 0.00 2,049.00 17,049.00 0417 · Corporate Sponsorship Income 0.00 0.00 0.00 50,000.00 50,000.00 0421 · Interest Income 1.46 1.42 1.46 1.46 5.80 0424 · Other Income 0424PT · Pink Triangle 2,500.00 0.00 500.00 0.00 3,000.00 Total 0424 · Other Income 2,500.00 0.00 500.00 0.00 3,000.00 0450 · Merchandise Sales 260.00 0.00 0.00 0.00 260.00 0490 · Fundraising - General 2,700.00 0.00 0.00 0.00 2,700.00 Total Income 20,531.96 166.42 531.46 52,095.46 73,325.30 Gross Profit 20,531.96 166.42 531.46 52,095.46 73,325.30 Expense 0602 · Bank Fees 997.05 199.51 252.67 1,952.07 3,401.30 0603 · Utilities and Maintenance 0603C · Cleaning & General Maintenance 723.71 735.97 420.97 420.97 2,301.62 0603U · Utilities 390.02 0.00 0.00 419.28 809.30 Total 0603 · Utilities and Maintenance 1,113.73 735.97 420.97 840.25 3,110.92 0606 · Insurance Expense 3,892.67 792.19 0.00 3,287.00 7,971.86 0607 · Postage Expense 0.00 1.78 0.00 110.23 112.01 0608 · Copying/Printing Expense 0.00 27.64 0.00 0.00 27.64 0609 · Office Supplies Expense 129.58 27.15 0.00 47.78 204.51 0610 · Accounting/Auditing Expense 4,000.00 4,000.00 4,000.00 4,000.00 16,000.00 0612 · Other Supplies 4,147.53 0.00 550.74 0.00 4,698.27 0613 · Employee Benefits Expense 0613M · Medical/Dental Benefits 10,751.04 5,644.32 6,113.75 6,113.75 28,622.86 Total 0613 · Employee Benefits Expense 10,751.04 5,644.32 6,113.75 6,113.75 28,622.86 0614 · Equipment Rental Expense 149.90 149.90 149.90 149.90 599.60 0615 · Rent (Office) Expense 5,721.96 5,893.62 5,893.62 5,893.62 23,402.82 0616 · Rent (Non-Office Space) Exp. 2,001.00 2,001.00 2,001.00 5,897.07 11,900.07 0618 · Equipment Repair & Maintenance 141.85 425.55 0.00 0.00 567.40 0619 · Contracted Services 27,674.13 100.00 201.83 7,253.04 35,229.00 0622 · Payroll Taxes 2,113.34 2,113.34 2,113.34 2,658.40 8,998.42 0623 · Travel Expense 1,189.11 2,691.26 815.40 1,433.31 6,129.08 0624 · Entertainer/Speaker Expense 0624T · Other Venues 337.96 0.00 0.00 0.00 337.96 Total 0624 · Entertainer/Speaker Expense 337.96 0.00 0.00 0.00 337.96 0625 · Telephone Expense 222.33 222.75 222.87 227.19 895.14 0626 · Payroll Expense 0626A · Payroll expense 27,624.98 27,624.98 27,624.98 34,749.98 117,624.92 Total 0626 · Payroll Expense 27,624.98 27,624.98 27,624.98 34,749.98 117,624.92 0627 · Permit Costs 0.00 0.00 1,245.00 0.00 1,245.00 0628 · Community Partners Grants 0628B · Grants from Board 990.00 1,000.00 108.44 0.00 2,098.44 Total 0628 · Community Partners Grants 990.00 1,000.00 108.44 0.00 2,098.44 0630 · Food Expense 508.60 5,076.83 298.54 1,338.60 7,222.57 0631 · Media/PR Expense 3,550.00 0.00 0.00 0.00 3,550.00 0632 · Volunteer/Staff Recognition Exp 513.74 0.00 0.00 0.00 513.74 0640 · Sales Tax Expense/Other Taxes 0.00 0.00 631.85 0.00 631.85 0655 · Data Management Expense 2,345.72 2,670.60 3,205.45 3,039.56 11,261.33 0660 · Fundraising Expense 313.91 49.00 0.00 0.00 362.91 0665 · Education and Outreach 3,360.00 1,347.00 0.00 896.72 5,603.72 0696 · Lodging/Hotel Epense 337.88 646.11 0.00 3,849.01 4,833.00 6800 · Fiscal Sponsee Expenses 6800.27 · Permit Costs 2,259.00 0.00 0.00 0.00 2,259.00 6800.28 · Donations,Grants, Fellowships 1,200.00 0.00 0.00 0.00 1,200.00 Total 6800 · Fiscal Sponsee Expenses 3,459.00 0.00 0.00 0.00 3,459.00 Total Expense 107,587.01 63,440.50 55,850.35 83,737.48 310,615.34 Net Ordinary Income -87,055.05 -63,274.08 -55,318.89 -31,642.02 -237,290.04 Net Income -87,055.05 -63,274.08 -55,318.89 -31,642.02 -237,290.04 4:56 PM SF Lesbian Gay Bisexual Transgender Pride CC, Inc. 02/03/25 Profit & Loss Accrual Basis October 2024 through January 2025 Page 1 Income and Expense by Month October 2024 through January 2025 Income Expense 0 20 40 60 80 100 120 $ in 1,000’s Oct24 Nov24 Dec24 Jan25 Expense Summary October 2024 through January 2025 By Account 37.87% 0626 · Payroll Expense 11.34 0619 · Contracted Services 9.21 0613 · Employee Benefits Expense 7.53 0615 · Rent (Office) Expense 5.15 0610 · Accounting/Auditing Expense 3.83 0616 · Rent (Non-Office Space) Exp. 3.63 0655 · Data Management Expense 2.90 0622 · Payroll Taxes 2.57 0606 · Insurance Expense 2.33 0630 · Food Expense 13.64 Other $310,615.34 Total Income and Expense by Month October 2024 through January 2025 Income Expense 0 20 40 60 80 100 120 $ in 1,000’s Oct24 Nov24 Dec24 Jan25 Income Summary October 2024 through January 2025 By Account 68.05% 0417 · Corporate Sponsorship Income 23.20 0414 · Donations (Individual) Income 4.08 0424 · Other Income 3.67 0490 · Fundraising - General 0.63 0402 · Membership Income 0.35 0450 · Merchandise Sales $-154.50 0411 · Parade Fee Income 0.01 0421 · Interest Income $73,325.30 Sub-Total