YSFHQ Budget FY2016
Posted: Wed Aug 19, 2015 4:55 pm
So, going along with our new era of transparency here, I'd like to share our full budget with the community and explain a) where our money comes from, b) where we spend it, and c) where we have to go from here.
You can view the budget by clicking here: https://docs.google.com/spreadsheets/d/ ... sp=sharing
I have left comments enabled, so feel free to make notes if there's something of interest to you.
In the first two columns, you'll see our budgeted monthly expenses and revenues, broken out by type of expense or source of revenue. Keep in mind I'm doing everything in USD ($).
At the bottom of the page, you'll see our current balances. The Operating and Reserve numbers are arbitrary -- there is truly only one account, the balance of which is the bottom, bolded line labeled Total Holdings. I have set aside $170 in reserves, which is a little more than one year of operations including hosting and domains. The "Operating" is what we actually pay the bills with. The idea is to always maintain the "reserve" amount at minimum, in case we hit a period with absolutely no revenues.
You will notice, back in the expenses area, that I have carried out the expenses for the remainder of the calendar year to provide a forecast of our balances if no revenues come in. In reality we have a handful of recurring monthly donations that would prop that up, but without having the money in hand I cannot assume anything. The expenses are pretty much set, with little to no variance unless we decide to spin up another server (to run a YS instance, for example).
In case you are curious, Eric and I are the only ones with access (I have full access, I believe Eric can make payments). All expenses go through me at some point.
Also, this will become our new budget since it hasn't been done in a while. We are switching to a fiscal year of September through August, so on September 1 you can consider YSFHQ to be in FY2016. I think this makes more sense since summer has a big impact on activity.
Please feel free to ask questions here. Note that this is not intended to scare you into donating any money, this is nothing more than an information dump so you all can see what we have and what we use it for. Those of you that donate have a right to know what happens with your money, and when there's a surplus I think the entire community should have a say on how we spend it (typically, that's on advertising on Facebook, Twitter, or other platforms).
You can view the budget by clicking here: https://docs.google.com/spreadsheets/d/ ... sp=sharing
I have left comments enabled, so feel free to make notes if there's something of interest to you.
In the first two columns, you'll see our budgeted monthly expenses and revenues, broken out by type of expense or source of revenue. Keep in mind I'm doing everything in USD ($).
At the bottom of the page, you'll see our current balances. The Operating and Reserve numbers are arbitrary -- there is truly only one account, the balance of which is the bottom, bolded line labeled Total Holdings. I have set aside $170 in reserves, which is a little more than one year of operations including hosting and domains. The "Operating" is what we actually pay the bills with. The idea is to always maintain the "reserve" amount at minimum, in case we hit a period with absolutely no revenues.
You will notice, back in the expenses area, that I have carried out the expenses for the remainder of the calendar year to provide a forecast of our balances if no revenues come in. In reality we have a handful of recurring monthly donations that would prop that up, but without having the money in hand I cannot assume anything. The expenses are pretty much set, with little to no variance unless we decide to spin up another server (to run a YS instance, for example).
In case you are curious, Eric and I are the only ones with access (I have full access, I believe Eric can make payments). All expenses go through me at some point.
Also, this will become our new budget since it hasn't been done in a while. We are switching to a fiscal year of September through August, so on September 1 you can consider YSFHQ to be in FY2016. I think this makes more sense since summer has a big impact on activity.
Please feel free to ask questions here. Note that this is not intended to scare you into donating any money, this is nothing more than an information dump so you all can see what we have and what we use it for. Those of you that donate have a right to know what happens with your money, and when there's a surplus I think the entire community should have a say on how we spend it (typically, that's on advertising on Facebook, Twitter, or other platforms).
