1. NAMI AZ Treasurer’s Report
NAMI AZ Annual Meeting
January 30, 2016

2. Agenda NAMI AZ Financial Oversight Historical Perspective
2015 Revenue and Expenses Snapshot
2016 Budget Goals

3. NAMI AZ Financial Oversight
NAMI AZ Finance Subcommittee
Meets monthly
Reviews financial statements to monitor revenue, expenses and trends
Monitors compliance with regulatory deadlines
Develops proposed annual budget
Makes recommendations for decision by Governing Board

4. Historical Perspective
– Survival
Expenses were greater than revenue; near bankruptcy
Cash reserve fund dropped to zero
Affiliate generosity kept us afloat
– Stability
Revenue exceeds expenses
Cash reserve fund replenished
2016 and beyond – Development
Technical assistance and partnership with affiliates
Diversify revenue streams and continue to monitor expenses

5. 2015 Revenue and Expenses Snapshot
Net Retained Earnings =$40,979
Compare with 2014: Net Retained Earnings of $5,573

6. Why the Difference? ADHS Contract Annual Meeting Sponsors NAMI Walk
Revenue
Expenses
ADHS Contract
Annual Meeting Sponsors
NAMI Walk
Member Dues
Donations
Expiring leases
Copier, phones, internet
Partner with NAMI VOS
CEO wears many hats

7. 2016 Budget Goals
Continue to add to cash reserve fund to have six months of operating expenses
Earmark specific funds for NAMI Affiliate technical assistance
Continue to maintain fiscal responsibility and transparency to our supporters

8. Thanks For Your Support!