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
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.