1. The Society of Women Engineers
Treasurer’s Report – BOD 2
Cindy Hoover – FY16 Treasurer
October, 2015

2. FY15 Year End Review Income Expense Income 15% better than budget
Conference income 17% better than budget
Dues income strong at 22% better than budget
Expense
Expenses 2% over budget
Conference expenses well managed at 4% under budget

3. Income – Operations & Conference
*FY15 Preliminary Data; FY10-FY14 Based on Annual Report Data
SWE Inc SWE Inc + SWE EFI
FY15 overall performance very good with record conference income
Income for FY15 is 15% ahead of budget
Inclusion of SWE EFI modifies data; focus on FY13 and on for trends
Employee sponsored dues program continues to have a positive dues impact

4. Expense – Operations & Conference
*FY15 Preliminary Data; FY10-FY14 Based on Annual Report Data
SWE Inc SWE Inc + SWE EFI
FY15 overall expense management very good
Expenses for FY15 are slightly (2%) over budget

5. *FY15 Preliminary Data; FY10-FY14 Based on Annual Report Data
Income vs. Expense ($k)
*FY15 Preliminary Data; FY10-FY14 Based on Annual Report Data
SWE Inc SWE Inc + SWE EFI
Strong conference and dues performance, along with excellent expense management is yielding continued growth to net income. SWE EFI is now included in the annual report total net income.

6. Unrestricted Net Assets ($k)

7. Reserves ($k)

8. Special Project Fund Commitments
Membership Database
RFP responses under evaluation
Target availability for FY17 renewals (May 2016)
Governance Project
McKinley Advisers hired as a consultant to review our governance structure
SWE advisory committee developed to assist and connect McKinley to SWE leaders
Recommendations are being evaluated by the Senate, Region & BOD
D&I Project
D&I card sets available for purchase
D&I modules complete and pricing being worked
Branding
The branding survey is complete and data compiled
Working through next steps and communications plans with membership

9. Financial Focus FY16 Safeguard Society Finances
Monthly review of finance reports and metrics
Strategic Financial Planning
Participate with Annual Strategic Plan Review
Develop rolling 3 year strategic budget (FY17-FY19)
Continue training and resources
Strive for improved understanding of financial matters
Provide training for treasurers, officers
Review, update training material for continuity, clarity

10. Resources Cindy Hoover, FY16 Treasurer treasurer@swe.org
Stephanie Gillespie, FY16 Finance Chair
Dianne Beever, FY16 Finance Chair-Elect