# RC Office Hours - Finance - 5/17/26

Group attendance: D  
Outside attendance: S, P, L

### Topics

- Getting people into RC Finance Consensus Signal group
- Fiscal Sponsor, etc. 
    - Account balance and access
    - W9(?) status
    - Nonprofit consultation
- Floating Expenses
- Finance AC 
    - Attrition
    - Workflow development 
        - Better chart workflow

#### RC Finance Consensus Signal group representation:

Facilities  
Tech  
Basement  
Finance  
Sunday Dinner  
Pantry  
Programming  
Kids Crafts  
Fundraising & Grants  
Yearbook  
Liability  
Writing Workshop

#### Fiscal Sponsorship

3 months since last account check

Monthly would be good, to catch problems (change in platform payouts, etc) before they become big problems.

S will meet w/sponsor and bring up monthly reconciliation

W9 status: good on both platforms

P reached out to M re: a consultation on process to gain nonprofit status

#### Floating Expenses

Made a page for potential expenses: [https://wiki.commons.nyc/books/rc-finance-home/page/potential-expense-backlog](https://wiki.commons.nyc/books/rc-finance-home/page/potential-expense-backlog)

TODO/Done (P): follow up with M re nonprofit consultation  
TODO/Done (P): Monkey followup  
TODO: S to shadow finance operations -   
TODO: Shea monkworx meeting

#### Finance AC

##### Attrition

Since RC swap, finance has gone from 4 ppl to essentially 1.

S to shadow finance operations - potentially document current process?

Might be nice to create specifically scoped roles, eg:

- Monthly reporting
- Rent, bills, fines, reimbursement
- Reconciliation and data entry

##### Workflow development

Current workflow is functional, sophisticated, but possibly would be good to mimic established conventions?  
L at BCF is an accountant, has been contacted by P for consult.

##### Chart workflow

Might be nice to have scripts which process CSV input and create standardized reporting graphics.