Finance and Governance Update
Following countless meetings, the PASS Board approved the latest budget effective July 1, 2012.
- Hire an additional full-time Community Evangelist to work with the PASS HQ team
- Secure IT support for much needed Chapter online tool improvements
- Reinforce our Global Growth efforts to better support members around the world
A New Hire
In 2011 our first Community Evangelist joined PASS to support the community by engaging with chapter leaders, event organizers, speakers, sponsors, and members on a daily basis. The community’s response has been tremendously positive and there clearly was a need for more resources. In October 2012, Niko Neugebauer joined the PASS HQ team as a Community Evangelist. The resource focus on this program reflects PASS’ commitment to providing mentorship to chapters and leaders around the world.
Chapter Tool Improvements
With the help of a usability expert, our IT team, Marketing team and Chapters Team are working diligently to improve the online Chapter tools hosted on www.sqlpass.org. Improvements in member management, email functionality and better promotion of Chapter events are just some of the tasks already underway to help out both our members and Chapter Leaders.
We’ve set aside budget to help fuel our global growth efforts including legal fees to help PASS address issues of incorporation as well as legal, taxation, transaction and financial management, and IP rights.
Overall Budget Changes from FY2012
We’re estimating a 59% increase in both revenue and expenses for fiscal year 2013 – $8 million and $7.9 million dollars respectively. Both these increases can be largely attributed to PASS Summit – we’re expecting more of the community to join us this year, which increases our overall costs of the event. PASS’ overall profit is expected to increase 39% over last year for a total just shy of $100K which we will flow into our reserves. The budgeting process has improved and is being documented to help future Directors during this important and complex process.
Executive Vice President - Finance