04/14/2022 Board Meeting

Location: Hybrid at FCFL and Zoom Attendees: Joe Kim, Harold Morales, David Choi, Joe Stilin

Lease Scenarios

 * Report from David
 * Membership has increased to 83 members as of today April 14th, 2022
 * $9,746 coming in per month currently
 * Only 2 of past 7 months were positive in terms of member net gain
 * February was a big month: net gain of 10 members
 * Report from Harold
 * We have a budget of about $1,000 per month, calculated before the member increase
 * Rent Scenarios: increasing from $6,000 to $8,000 in 2023
 * Worst case: We do not feel comfortable signing the lease in June. We have six months to find alternate locations.
 * Medium Case: Maintain at 75 members (to maintain current $6,000 rent), with a burn rate of $2,000 beginning in January 2023
 * Best case: Get 90 members and we are able to pay the increase in rent and not sacrifice our overhead
 * Our Sentiment on how to move forward and alignment
 * Joe S.: On board with making it work
 * Harold: On board. Moving doesn't seem like an option. It would change too much
 * Arjen: On board with making it work.
 * David: Getting tired, it's a lot of work.
 * Joe K: "Kinda have to keep going forward!"

Board roles and responsibilities

 * Communication
 * Slack and Trello aren't being used by the group as a whole
 * Need to find what works for us
 * High frequency tasks
 * Member maintenance
 * Bringing in new members
 * Tools and workshops
 * Fixing broken things
 * Maintaining culture
 * Will we delegate tasks amongst us 5?
 * Every task / system should be documented
 * Arjen
 * Teach CNC
 * Communications/ negotiations with Ed
 * David

Board Expectations

 * Check Slack at least once per week
 * Come to Open House

Initiatives Ideas

 * Buddy system for members

Communications: Flowroute

 * Going with FlowRoute to answer calls to Fat Cat Fab Lab

Next Meeting

 * Scheduled for Tuesday, April 19 6pm - 9pm