MoF Report 2008 05 16 - Revision history

Tslagle at 03:25, 6 April 2012

2012-04-06T03:25:53Z

← Older revision		Revision as of 03:25, 6 April 2012
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	\|}		\|}

	[[Category:~~Financial Reports~~]]		[[Category:Meeting_Minutes]]

Katie: /* Statement of Financial Position */

2008-08-08T18:58:06Z

Statement of Financial Position

← Older revision		Revision as of 18:58, 8 August 2008
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	\| $1,050.00		\| $1,050.00
	\|-		\|-
	\| Donation Income		\| [[Donation]] Income
	\| $1,808.75		\| $1,808.75
	\| $82.43		\| $82.43

Katie: /* Compliance Paperwork - $1,003.00 */

2008-08-08T18:57:42Z

Compliance Paperwork - $1,003.00

← Older revision		Revision as of 18:57, 8 August 2008
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	\|-		\|-
	\| DC Basic Business License (Charitable Solicitation)		\| DC Basic Business License (Charitable Solicitation)
	\| Required for soliciting ~~donations~~ from the public		\| Required for soliciting [[donation]]s from the public
	\| $253.00		\| $253.00
	\|-		\|-

63.250.141.186 at 14:05, 6 August 2008

2008-08-06T14:05:21Z

← Older revision		Revision as of 14:05, 6 August 2008
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	\|-		\|-
	\|}		\|}

			[[Category:Financial Reports]]

199.196.144.17: /* Budget Principles Proposal */

2008-05-16T22:20:04Z

Budget Principles Proposal

← Older revision		Revision as of 22:20, 16 May 2008
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	== Budget Principles Proposal ==		== Budget Principles Proposal ==

			These were unofficially adopted as the Budget Principles at the planning meeting on May 13:

	* Our Monthly Expenses (Rent, Insurance, Internet, Basic Supplies) shall remain under a fixed amount per month to be fully fundable by member dues.		* Our Monthly Expenses (Rent, Insurance, Internet, Basic Supplies) shall remain under a fixed amount per month to be fully fundable by member dues.

199.196.144.17: /* Statement of Financial Position */

2008-05-16T22:19:05Z

Statement of Financial Position

← Older revision		Revision as of 22:19, 16 May 2008
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	\| Incorporator's Contributions		\| Incorporator's Contributions
	\| $1,750.00		\| $1,750.00
	\| $		\|
	\| $1,750.00		\| $1,750.00
	\|-		\|-

199.196.144.17: /* Statement of Financial Position */

2008-05-16T22:18:44Z

Statement of Financial Position

← Older revision		Revision as of 22:18, 16 May 2008
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	! Total Net Assets		! Total Net Assets
	\| $1,302.48		\| $1,302.48
	\|		\| $82.43
	\| $1,384.91		\| $1,384.91
	\|-		\|-

199.196.144.17: /* Statement of Financial Position */

2008-05-16T22:18:22Z

Statement of Financial Position

← Older revision		Revision as of 22:18, 16 May 2008
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	\|		\|
	\|-		\|-
	\| Member ~~Donations~~		\| Member Dues
	\| $1,~~805~~.00		\| $1,050.00
	\|		\|
	\| $1,~~805~~.00		\| $1,050.00
	\|-		\|-
	\| ~~Grant~~ Income		\| Donation Income
	\| $1,~~337~~.00		\| $1,808.75
	\|		\| $82.43
	\| $1,~~337~~.00		\| $1,891.18
	\|-		\|-
	\| ~~Public Donations~~		\| Incorporator's Contributions
	\| $~~390~~.01		\| $1,750.00
	\| $~~82.43~~		\| $
	\| $~~472~~.44		\| $1,750.00
	\|-		\|-
	\| Other Income		\| Other Income
	\| $0.24		\| $2.19
	\|		\|
	\| $0.24		\| $2.19
	\|-		\|-
	! Total Revenue and Other Support		! Total Revenue and Other Support
	\| $3,~~532~~.25		\| $4,610.94
	\| $82.43		\| $82.43
	\| $3,~~614~~.68		\| $4,693.37
	\|-		\|-
	\| ''EXPENSES'' (Supporting)		\| ''EXPENSES'' (Supporting)
Line 142:		Line 142:
	\| $1,700.00		\| $1,700.00
	\|-		\|-
	\| ~~Promotional Expenses~~		\| Insurance
	\| $~~500~~.00		\| $0.00
			\|
			\| $0.00
			\|-
			\| Networking & Hosting
			\| $122.51
	\|		\|
	\| $~~500~~.00		\| $122.51
	\|-		\|-
	\| ~~Furniture (Fully Expensed)~~		\| Equipment
	\| $~~307~~.24		\| $553.16
	\|		\|
	\| $~~307~~.24		\| $553.16
	\|-		\|-
	\| Supplies		\| Supplies
	\| $~~305~~.55		\| $59.16
			\|
			\| $59.16
			\|-
			\| Conferences and Outreach
			\| $500.00
	\|		\|
	\| $~~305~~.55		\| $500.00
	\|-		\|-
	\| Transportation ~~(Supplies)~~		\| Transportation
	\| $136.63		\| $136.63
	\|		\|
	\| $136.63		\| $136.63
	\|-		\|-
	\| ~~Hosting Costs~~		\| Volunteer Meals
	\| $95.40		\| $50.00
	\|		\|
	\| $95.40		\| $50.00
	\|-		\|-
	\| Incorporation Costs		\| Incorporation Costs
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	\| $84.66		\| $84.66
	\|-		\|-
	~~\| Volunteer Meals~~		! Bank Fees
	\| $50.00		\| $101.87
	\|		\|
	\| $50.00		\| $101.87
	\|-
	~~\| Bank Fees~~
	~~\| $6.55~~
	\|
	~~\| $6.55~~
	\|-		\|-
	! Total Expenses		! Total Expenses
	\| $3,~~186~~.03		\| $3,308.46
	\|		\|
	\| $3,~~186~~.03		\| $3,308.46
	\|-		\|-
	! Increase (Decrease) in Net Assets		! Increase (Decrease) in Net Assets
	\| $~~346~~.22		\| $1,302.48
	\|		\| $82.43
	\| $~~428~~.65		\| $1,384.91
	\|-		\|-
	\|}		\|}

199.196.144.17: /* Statement of Financial Position */

2008-05-16T21:08:23Z

Statement of Financial Position

← Older revision		Revision as of 21:08, 16 May 2008
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	\|		\|
	\| $500.00		\| $500.00
			\|-
			\| Prepaid Member Dues
			\| $350.00
			\|
			\| $350.00
	\|-		\|-
	! Total Liabilities		! Total Liabilities
	\| $~~500~~.00		\| $850.00
	\|		\|
	\| $~~500~~.00		\| $850.00
	\|-		\|-
	\| ''NET ASSETS''		\| ''NET ASSETS''
Line 82:		Line 87:
	\|-		\|-
	! Total Net Assets		! Total Net Assets
	\| $1,~~652~~.48		\| $1,302.48
	\|		\|
	\| $1,~~734~~.91		\| $1,384.91
	\|-		\|-
	\|}		\|}

199.196.144.17: /* Membership Dues */

2008-05-16T20:45:45Z

Membership Dues

← Older revision		Revision as of 20:45, 16 May 2008
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	== Membership Dues ==		== Membership Dues ==

	The general proposal ~~under discussion is~~ $42/month for ~~2008 with waiver procedure as drafted in the Bylaws. PayPal cleared us today, so we can start collecting member~~ dues~~. Minus PayPal fees, planning for $1~~,~~200/month for rent, internet and insurance, this means we need to have 30~~ members to ~~maintain the space~~.		The general proposal agreed to on Tuesday, May 6 was to charge $50/month for dues, strongly encouraging members to donate via PayPal for privacy reasons.

	~~Already, we have 6 members so we need to find 24~~ more ~~dues paying members~~.		This amount will be re-evaluated as expenses become more well known.

	~~Of course~~, ~~anyone will be encouraged~~ to ~~donate more. Everything beyond $42 is tax deductible~~.		As of COB on the date of this report, we have 22 dues paying members establishing a base budget of $1,100 to cover Rent, Insurance and Internet for the space.

	== Budget Principles Proposal ==		== Budget Principles Proposal ==