[IAEP] Sugar Labs Finance

[Bernie Innocenti]

On Tue, 2011-11-01 at 20:54 -0400, Adam Holt wrote:
> Bernie,
> Can you make most of this public?

Oops, sorry for the late response.

Sure, there's nothing confidential about our financial status. The
reason the raw records are sent only to slobs@ is that they contain
personal information, such as the names of all donors and the exact
amounts they donated.

Disclaimer: I'm just an engineer with very little experience in business
administration. All the numbers given below are the fruit of my
uneducated guesswork.


> From: Bernie Innocenti<codewiz at google.com>
> To: Walter Bender<walter.bender at gmail.com>
> Cc: SLOBs<slobs at lists.sugarlabs.org>
> Subject: Re: [SLOBS] New finance request: budget request for Lima
> airfare (Ticket #3210)
> Date: Thu, 20 Oct 2011 22:36:54 -0400
> 
> On Thu, 2011-10-20 at 21:21 -0400, Walter Bender wrote:
> >  Bernie:
> >
> >  Any sense of whether or not we have the funds to pay for this?
> 
> According to the latest ledger file from Bradley (July 2011), we have
> $21141, of which 9435.91 are restricted for the Gould grant. The
> remaining $11705 come from Google's GsoC and individual donations and
> should therefore be unencumbered.
> 
> We still have $1600 earmarked in 2008 to purchase a server. Until now,
> we've prospering with virtual machines hosted at the FSF on hardware
> provided by the FSF and Dogi. In case we'd suddenly loose some of this
> hardware, I may need this budget to quickly purchase a replacement. It
> would actually be safer to increase this fund a little bit.
> 
> This leaves us with $10105 to be freely spend on travel, marketing or
> anything else.
> 
> As per the 2011-05-08 meeting, I'm delegated by the board to approve
> expenses up to $200. After the upcoming elections, I'd like to pass this
> responsibility to someone more comfortable with simple accounting than
> me. I'd also recommend raising the pre-approved limit to the typical
> range of a plane ticket, or maybe establishing a budget for each team:
> we already have more agenda topics than we can discuss in each meeting
> session. Given our current expense rate, I'd rather risk mis-spend a few
> dollars now and then than delaying important activities or loosing
> opportunities due to excessive parsimony.
> 
> 
> ==== Total balance ====
> $ ledger -f sugar.ledger bal Assets
>           $ 21,141.78  Assets
> --------------------
>           $ 21,141.78
> 
> ==== Sub-accounts balance ====
> $ ledger -f sugar.ledger -s bal
>           $ 21,141.78  Assets
>          $ -11,405.13    FR Checking
>            $ 7,249.30    Google Checkout
>           $ -1,121.70    PayPal
>           $ 18,641.78    Sugar:Vanguard Money Market
>            $ 7,777.53    Vanguard General
>          $ 168,925.54  Expenses:Sugar
>              $ 322.64    Banking Fees
>               $ 26.12      Google Checkout
>              $ 156.52      PayPal
>              $ 140.00      Wire Transfer Fees
>            $ 1,800.00    Conferences:Travel
>            $ 1,100.00      EduJAM
>              $ 700.00      FUDCon2011
>          $ 145,000.00    Cycling:Slipstream Contract
>            $ 3,457.20    Google SoC 2009:Travel
>           $ 10,564.09    Gould
>              $ 510.00      Conferences
>           $ 10,054.09      Students
>            $ 2,787.11        2009
>            $ 7,266.98        2010
>              $ 200.18    Meetings:NYC 2011
>            $ 1,306.43    Promotional Items
>            $ 6,000.00    Students
>            $ 2,400.00      2009
>            $ 3,600.00      2010
>              $ 275.00    Trademark
>         $ -190,067.32  Income:Sugar
>         $ -145,000.00    Cycling:Donations
>          $ -20,000.00      Carhart
>         $ -125,000.00      Durham
>          $ -45,030.22    Donations
>           $ -8,000.00      Google
>           $ -5,500.00        SoC 2009
>           $ -3,000.00          Travel
>           $ -2,500.00        SoC 2010
>          $ -20,000.00      Gould Charitable Foundation
>             $ -500.00      Grey Street
>          $ -16,530.22      Individual
>             $ -130.00        Rovito
>              $ -37.10    Interest:Dividend

-- 
Bernie Innocenti
Sugar Labs Infrastructure Team
http://wiki.sugarlabs.org/go/Infrastructure_Team