221 - Friendly Fire with Todd Hagopian

LNC Treasurer, Todd Hagopian, joins me to discuss the most recent End of Month Financial report. We discuss numbers, what they mean, best tips for understanding the report, and even some controversies.

0:00 - Cold Open
0:37 - Intro
0:55 - Disclaimers
3:23 - SUSTAINING MEMBERS & MEMBERSHIP
4:38 - What is your takeaway on 2023 numbers?
6:22 - Do you anticipate this getting better or worse?
7:28 - Defining membership (explicit vs donation)
10:50 - Possibility of a detailed membership report
18:22 - Chart of sustaining explicit membership over time
21:20 - REVENUE 20 YEARS
22:08 - Why is the projected revenue so low for 2023?
26:59 - RESERVE ADEQUACY TREND
30:50 - What page or chart has the best takeaway for members?
38:16 - THREE QUESTIONS FROM AN OUTSIDER
45:24 - HOT BUTTON ISSUE 1 - FEC Reports
48:00 - HOT BUTTON ISSUE 2 - LNC Nepotism
55:42 - HOT BUTTON ISSUE 3 - Budget Amendments
1:14:45 - Todd's Final Words
1:15:13 - Closing