Deployable capital
$7.61M

Deployable capital equals near-term liquidity minus minimum buffer, near-term known obligations, and tax reserve, plus weighted near-term inflows.

Liquidity risk
Red

Liquidity risk is Red; the lowest forecast cash is $4.32M.

Known obligations
$14.1M

Inside 180 days; excludes paid and cancelled items.

Expected inflows
$2.56M

Probability-weighted expected inflows inside the near-term horizon.

Early warnings

Liquidity warnings that matter this year

3 active
Capital Call Tax PressureCalls and tax reserves consume liquidity

$15.9M of Capital Calls plus tax reserves equals 56% of near-term liquidity.

CFO - Jun 27, 2026Sequence tax funding and Capital Calls before approving incremental commitments.
Stale Account BalanceAccount balance is stale

Fidelity Trust Money Market Account balance is dated Jun 11, 2026.

Operations - Jun 27, 2026Refresh Fidelity balance before committee discussion.
Distribution ConfidenceDistribution timing needs confirmation

$2.80M Summit Creek Growth Fund IV distribution expected Aug 15, 2026 is low confidence.

Investment ops - Aug 15, 2026Review distribution timing before approving new commitments.

Money location

Where the money sits

Immediate cash$28.1M

Bank, brokerage, trust cash, and money market balances.

Near-term liquidity$372K

Annuity withdrawal capacity shown separately from cash.

Restricted$5.00M

Foundation reserve excluded from deployable capital.

Borrow capacity$2.75M

Life policy and credit facility capacity excluded by default.

Forecast

Liquidity over time

operationally safe
Lowest projected liquidity is $9.15M in May 2028. No projected breach in the preview window.Dry powder after expected 12-month calls: $6.20M
No projected breachJun 2026May 2028
Capital calls are relatively predictable and are the largest planned outflow.Other obligations include operating cash requirements and overdue review items.Distributions are variable, so downside timing can change liquidity quickly.

Keep monitoring capital calls, tax reserves, and low-confidence distributions.

Needs attention next

Operational bottlenecks

High$750K overdue obligation needs status resolution

Manual was due Jun 20, 2026 and remains marked overdue.

Controller - due Jun 20, 2026Deployable Capital

Source: Synthetic Manual Subscription True-Up.md - Low confidence

HighCapital call due inside 14 days

Cedar Ridge has a 4.2 million call due July 9, 2026.

Controller - due Jul 3, 2026Payment Readiness

Source: Synthetic Cedar Ridge July Capital Call.pdf - Medium confidence

HighK-3/accountant follow-up blocks tax reserve confidence

The K-1 reserve remains low confidence until the K-3 follow-up is resolved.

Tax advisor - due Jul 10, 2026Tax Reserve

Source: Synthetic 2025 K-1 Package.pdf - Low confidence

MediumFidelity trust balance is stale

The Fidelity trust source is dated June 11, 2026, older than the 14-day freshness threshold.

Operations - due Jul 1, 2026Source Review

Source: Synthetic Fidelity Trust Summary.png - Medium confidence

MediumK-3 follow-up is pending with accountant

The K-3 follow-up source says accountant input is needed before reserve confidence can move above low.

Tax advisor - due Jul 10, 2026Tax Reserve

Source: Synthetic K-3 Accountant Follow-Up.md - Low confidence

MediumLow-confidence distribution affects liquidity range

Summit Creek expected distribution is included at 60 percent probability but needs review.

Investment ops - due Jul 12, 2026Scenario Approval

Source: Synthetic Summit Creek Distribution Notice.pdf - Low confidence

Scenario check

Can we commit another $10M?

Unsafe in downside case

Downside assumptions reserve the full commitment and delay distributions.

Operating insights

Where work is blocking confidence

3 high1 low-impact hidden
Top bottleneck1
High
$750K overdue obligation needs status resolution

Controller - Confirm whether true-up was paid or should remain in obligations.

Deployable blockers3
High
$750K overdue obligation needs status resolution

Controller - Confirm whether true-up was paid or should remain in obligations.

High
Capital call due inside 14 days

Controller - Review notice, confirm amount, and approve funding source.

Medium
Fidelity trust balance is stale

Operations - Refresh account source and rerun treasury snapshot.

Tax confidence3
High
K-3/accountant follow-up blocks tax reserve confidence

Tax advisor - Assign accountant follow-up and update reserve status.

Medium
K-3 follow-up is pending with accountant

Tax advisor - Assign accountant follow-up and update reserve status.

Medium
Estimated tax packet needs accountant confirmation

Tax advisor - Confirm federal and state safe-harbor amount.

Scenario approval3
High
Capital call due inside 14 days

Controller - Review notice, confirm amount, and approve funding source.

Medium
Low-confidence distribution affects liquidity range

Investment ops - Request GP confirmation or remove from base case.

Medium
10 million new commitment is unsafe in downside case

CIO - Compare 2 million, 5 million, and 10 million scenarios before committee discussion.

Stale, not urgent1
Medium
Fidelity trust balance is stale

Operations - Refresh account source and rerun treasury snapshot.

Resolved this week0

No resolved operating items this week.