Area Director presentations
Board Meeting Materials 2/10/2017
Development Minutes 2/10/2017
Mission Adv Minutes 2/10/2017
Finance Minutes 2/10/2017
Bd Gov Minutes 2/10/2017
2/11/2017 Leadership Reports
Financial Reports – Year ending 2015-16
Lutheran Social Services of Southern California | |
Balance Sheet | |
For the Twelve Months Ending June 30, 2016 (unaudited) | |
ASSETS | June |
CURRENT ASSETS | |
Cash – Operating | $557,284.90 |
Investment Accounts | 66,590.23 |
Receivables: | |
Contracts | 1,287,696.63 |
Net Receivables | 1,287,696.63 |
Estimated Receivable | 0.00 |
Assets held by Foundation | 1,139,035.81 |
Foundation Receivable | 222,628.37 |
Prepaid expenses | 37,217.79 |
Security Deposits | 11,950.00 |
TOTAL CURRENT ASSETS | 3,322,403.73 |
PROPERTY, PLANT AND EQUIPMENT | |
Land | 724,462.00 |
Buildings & Improvements | 2,857,349.33 |
Impairment of Bldgs | (56,023.87) |
Building Improvements | 177,069.21 |
Automobiles | 158,254.09 |
Equipment & Furniture | 290,651.92 |
TOTAL FIXED ASSETS AT COST | 4,151,762.68 |
Accumulated Depreciation | (1,540,811.35) |
TOTAL NET FIXED ASSETS | 2,610,951.33 |
TOTAL ASSETS | 5,933,355.06 |
LIABILITIES AND FUND BALANCES | |
CURRENT LIABILITIES | |
Accounts payable | 273,501.32 |
Foundation payable | 32,077.77 |
Inter -co Payable | 14,774.14 |
Accrued Expenses | 325,940.94 |
Deferred Liability | 918,690.81 |
TOTAL CURRENT LIABILITIES | 1,564,984.98 |
NOTES PAYABLE: | |
2,031,037.14 | |
TOTAL LONG TERM LIABILITIES | 2,031,037.14 |
TOTAL LIABILITIES | 3,596,022.12 |
NET ASSETS | |
Unrestricted | 37,088.07 |
Temporarily Restricted | 1,674,619.64 |
TOTAL NET ASSETS | 1,711,707.71 |
CURRENT YEAR CHANGE IN NET ASSETS | 625,625.23 |
TOTAL LIABILITIES AND NET ASSETS | 5,933,355.06 |
CURR RATIO – Liquidity | 2.12 |
Lutheran Social Services of Southern California | |
Profit and Loss Statement | |
For the Twelve Months Ending June 30, 2016 (unaudited) | |
YTD | |
Account | ACTUAL |
INCOME | |
All Congregations | 323,728 |
Fund Development | 2,644,424 |
Contract Programs | 5,425,084 |
Other Income | 813,716 |
TOTAL INCOME | 9,206,951 |
EXPENSES | |
Salary and Benefits | 5,433,911 |
Professional Fees | 317,276 |
Bank Fees | 33,650 |
Operations | 785,393 |
Maintenance | 89,647 |
Insurance | 88,071 |
Taxes & Licenses | 8,163 |
Vehicle Expense | 105,874 |
Contract Program Expense | 1,240,764 |
Development Expense | 85,104 |
Depreciation | 151,730 |
Bad Debts | 42,684 |
Interest | 75,563 |
Information Technology | 123,496 |
8,581,326 | |
TOTAL EXPENSES | 8,581,326 |
SURPLUS/(DEFICIT) | 625,625 |
Board Retreat Materials 2-11-17
Joyce’s Input
Good morning, Ron,
I hope this message finds you well and blessed in your spirit and work.
Upon reflection of your data points and my scribbled notes from the retreat, here are a few initial, distilled thoughts on possible language for the LSS-SC Mission, Vision, Values, and Goals. Of course, all such observations require further vetting as discussed.
Mission (aligned with our tag line of Embrace, Equip & Empower):
- Demonstrating God’s love by embracing, equipping, and empowering vulnerable people in Southern California.
Vision (in Beatitudinal style as suggested by Daniel):
- Our Christ-centered accompaniment reveals God’s love, mercy, and blessings: the vulnerable will be safer and stronger; the dependent will be self-sustaining; the isolated will dwell in community; and the downtrodden will be resilient and lifted up.
Values (nearly as Terry summarized them):
- Compassion; Advocacy; Collaboration; Mutual Respect; Innovation; Stewardship
Goals/Outcomes:
Some supporting strategies to consider as starters:
- Clarify our distinctive capabilities, capacities, and competencies – in contrast or as complementary to other organizations – that yield particular, defined services to our communities of need. This may mean conscientiously winnowing some of our current programs and strengthening others, thereby knowing when and why to say “yes” or “no” to addressing specific opportunities/needs.
- Define the actual employment (or volunteer) experience and the rationale and benefit for a person to choose to work for LSS-SC.
- Describe why people with resources would enthusiastically choose to donate to LSS-SC.
- Structure the organization, its assets/resources (financial, human, property, knowledge areas, affiliations) to effectively, efficiently, and faithfully live the values and deliver the mission, vision, and value propositions. This also requires achieving the right level of organizational and asset stability to produce self-sustainment.
- Infuse our critical analysis, decision-making, performance management, and measurement processes with the tenets of our mission, vision, values, and value propositions.
You are welcome to provide any feedback at your leisure. I know much more outreach and involvement are required.
Blessings,
JT
Terry’s Input
As I suggested, I think we need to send a draft of possible values, mission and vision with a list of possible strategic goals that surfaced at the retreat with an invitation for feedback. What is left out, possible edits, etc.
I wanted to take your draft goals and form them from the focus description to actual goals for consideration and clarification:
- Expand collaboration and partnering with other service organizations in our communities to expand the spectrum of quality social services provided. Whether providing the service ourselves or providing warm handoffs to other organizations, we are committed to enhance the social, mental, spiritual and physical health of individuals, children , and families in our communities. Take the lead in promoting community engagement join partnerships that maximize effectiveness and limited resources
- Establish and Nurture our Faith-Based Identity: Strengthen and reinforce our role as an agent of the Church in furthering social ministry in our communities served
- Raise the level of accountability by establishing policies, controls and procedures to build and maintain the necessary financial resources to support current services and to respond to new opportunities
- Increase the frequency and quality of communication between the board, leadership, staff and stakeholders with the goal of minimizing surprises, fostering honest two-way communication to identify issues before they become problems and to solve problems before they become crises
- Increase our financial stability and lower our reliance on external funding by creating a strong brand with demonstrated value and accountability to our donors and funders.
- Increase competency-based training and development of staff in an effort to become the employer of choice in attracting and keeping competent staff committed to providing quality service, effective management, and mission-inspired leadership at all levels
This is my first stab. Need to go to lunch meeting.
Terry