This page summarizes quarterly financial reviews for FY 2026–2027. Quarterly Financial Reviews The Finance Advisory Committee, Officers, and Board of Directors should participate in quarterly financial reviews to assess financial performance, support Ace Makerspace’s long-term sustainability, and inform budget adjustments and planning for the subsequent quarter in alignment with our mission. Q1: July–September 2026 Operating …
Tag: Finance Advisory Committee
October 12 2024 Board Meeting – Finance Advisory Committee Approved
Board Meeting Held Meeting held. Contemporaneous minutes are maintained as part of the organization’s records. Board Actions Approved the conclusion of the President’s paid employment as part of budget-related cost reduction measures. Approved the establishment of the Finance Advisory Committee. Governance Update The Board Chair assumed the responsibilities of CEO in a volunteer capacity.
Finance Advisory Committee
Overview The Finance Advisory Committee (FAC) supports Ace Makerspace’s financial planning and oversight by reviewing financial information, evaluating policies and procedures, and providing recommendations to the Treasurer and the Board. The FAC is an advisory body and does not have independent decision-making authority. Its role is to provide analysis, guidance, and recommendations to inform financial …