[Kzyxtalk] Consider This

[Scott Peterson]

Dear Mr. Campbell,

I found MCPB's budget online last week. One week before MCPB's

Board of Directors had voted on it. You can see it here:

http://www.kzyx.org/index.php/about-us/volunteering-at-kzyx/102-station-business/249-mcpb-2016-budget-as-passed

As you can see, it's marked 'As Approved 6-29-16'. Which is 

hard to imagine. Since it hadn't voted on yet.

The amount that was 'passed' is $541,500. MCPB only took in

$501,695 last year. And spent $568,912 doing so. Running its

net assets down to the $10,000 mark. Meaning that MCPB lost

($65,000) last year.

This budget can't be found on the KZYX website. it can only 

be found through Google. And there's no attribution. So it's

impossible to tell who proposed it. Or who 'approved' it.

I understand that you're MCPB's treasurer: http://www.kzyx.org

Have you ever heard of a cash flow statement? If you have 

an Internet connection, you might want to look it up. You

can even find a calculator for it here:

http://www.bplans.com/business_calculators/cash_flow_calculator/

Having a current cash flow statement can keep unpleasant

surprises from happening. Like suddenly running out of

cash. And being forced into bankruptcy.

I've seen that you teach classes on critical thinking:

http://profiles.santarosa.edu/stuart-campbell

So maybe you can help me and other members of the public

to understand three critical thinking questions: 

1. How can a nonprofit treasurer be effective _without_ 

a cash flow statement?

2. Without a cash flow statement, what's the point of

a budget?

3. How can a nonprofit budget be approved a week before

it's voted on?

Sincerely,

Scott M. Peterson

Mendocino

cc:    (MCPB Board Members)

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