Director of Finance

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What is my role as Director of Finance?⁠

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How much money do we have?⁠

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Good DoF vs. Bad DoF⁠

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Goal: Be responsible steward for chapter longevity

Table-stakes

Pay bills

e.g, Monthly chapter fees (automated)

e.,g Pay for insurance (paid through this fiscal year)

Budget for the year

Collect money from peeps

Reimburse people

Write donation receipts (e.g., Board of Directors dues)

More info here

Set up YCP Chapter Finances⁠

(login with your YCP email)

Advanced

Develop strategies on our business model

Leverage creative ways to get most value with resources

Empower team members with transparent guidelines

How much money do we have?

How much money do we have?

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Expected Cash Balance:

$7,071.11

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Actual Cash Balance: $8578.62 as of

5/4/2023

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Good Director of Finance make finances transparent, Bad Director of Finance make it opague.

Good Director of Finance creates clear guidelines that empower team to use finances judiciously

Bad Director of Finance squanders money or misses opportunities by having arbitrary guidelines

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