Treasurer Position

Lumen Academy
Treasurer Position

Mission

To empower neurodiverse youth to discover and enjoy their highest potential as individuals and champion their contribution to society

Position

The Board will support the work of Lumen Academy and provide mission-based leadership and strategic governance. While day-to-day operations are led by Lumen’s President, the Board-President relationship is a partnership, and the appropriate involvement of the Board is both critical and expected. Specific Board Member responsibilities include:

Leadership, governance and oversight

  • Serving as a trusted advisor to the President as she develops and implements Lumen’s strategic plan
  • Helping to create metrics for evaluating organizational performance, and regularly measuring performance and effectiveness using those metrics
  • Reviewing agenda and supporting materials prior to board and committee meetings
  • Approving Lumen’s annual budget, audit reports, and material business decisions; being informed of, and meeting all, legal and fiduciary responsibilities
  • Assisting the President in identifying and recruiting other Board Members
  • Representing Lumen; acting as an ambassador for the school

Financial Management

  • Ensuring the organization is a good steward of charitable donations and the tax-exempt status, providing oversight of the organization’s fiscal integrity and assisting the board in meeting its mandate to govern.
  • Attending scheduled meetings and maintaining current knowledge of the organization, its programs, bylaws and articles of incorporation.
  • Have knowledge of nonprofit accounting practices, nonprofit tax laws and fiscal record keeping.
  • Have full knowledge of all organization holdings and assets. Review monthly account records and monitor income and expenditures. Review financial reports from organization staff.
  • Present a financial report at each board meeting, and prepare and present the annual financial and audit report to the board.

Fundraising

Board Members will consider Lumen Academy a philanthropic priority and make annual gifts that reflect that priority. So that Lumen can credibly solicit contributions from foundations, organizations, and individuals, we expect to have 100 percent of Board Members make an annual contribution that is commensurate with their capacity.

Board terms/participation

Lumen’s Board Members will serve a two-year term to be eligible for re-appointment. Board meetings will be held quarterly.

Qualifications

This is an extraordinary opportunity for an individual who is passionate about Lumen’s mission. Select Board Members will have achieved leadership stature in the nonprofit sector.
Ideal candidates will have the following qualifications:

  • Not-for-profit financial management experience
  • An understanding of contract and grant terms and implications
  • Familiarity with investment practices
  • An understanding of best practices for not-for-profit policies and procedures
  • Familiarity with the requirements of the Form 990 and 501c3 status
  • Personal qualities of integrity, credibility, and a passion for improving the lives of neurodiverse children

Service on Lumen’s Board of Directors is without remuneration, except for administrative support, travel, and accommodation costs in relation to Board Members’ duties.

Contact Lucine Drake at lucine@lumenacademy.org for more information.

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