CZ:Financial report: Difference between revisions

From Citizendium
Jump to navigation Jump to search
imported>Hayford Peirce
(added December report)
mNo edit summary
 
(134 intermediate revisions by 6 users not shown)
Line 1: Line 1:
In late October 2010, when the Management Council (MC) came into being and began getting organized, it was found that there were no longer any funds available to us for paying the cost of hosting our services, as was explained in an announcement made in the forum on November 12, 2010. Therefore, the MC began a donation drive in early November. Our financial history from November 2010 to date is shown in the table below:
{{TOC|right}}
 
== Current financial status ==
 
{| class="wikitable" bgcolor="#DDDDDD"
|+ Financial history (see archives for details of prior years)
! Year!!Donations<br/>during year, $!!Expenses<br/>during year, $!!Funds on hand<br/>at years's end, $


{| class = "wikitable" style="border: 3px solid gray;"
|+ Financial history as of June 30, 2012
! Month!!Donations<br/>during month, $!!Total donations<br/>at month end, $!!Monthly<br/>hosting cost, $!!Paid by!!Funds on hand<br/>at month end, $
|- align=center
|- align=center
| November 2010 ||2,776.09||2,776.09||709.85||Tides Foundation<sup>(a)</sup>||2,776.09
|2023||&nbsp; <big>'''$1,713.39'''</big>||
$539.38 - server<br />
$1,167.18 - system administration<br />
$227.74 - domains and email<br />
<hr>
<big>'''$1,934.30'''</big> - total expenses
||&nbsp;<big>'''$2,981.68'''</big>
 
|- align=center
|- align=center
| December 2010 ||&nbsp; 934.33||3,710.42||&nbsp; 559.85<sup>(b)</sup>||Donation funds||3,150.57
|2022||&nbsp; <big>'''$3,433.66'''</big>||
$1,875.08 - server hosting (overpaid, see below)<br />
$669.23 - programmer<br />
$285.02 - software<br />
$34.05 - temp domain name<br />
<hr>
<big>'''$2,863.38'''</big> - total expenses
||&nbsp;<big>'''$3202.59'''</big>
 
|- align=center
|- align=center
| January 2011 ||&nbsp; 101.55||3,811.97||&nbsp; 611.45<sup>(c)</sup>||Donation funds||2,640.67
|2021||&nbsp; &nbsp;-||- ||&nbsp;$2707.26
 
|- align=center
|- align=center
| February 2011 ||&nbsp; &nbsp;48.41||3,860.38||&nbsp; 319.90<sup>(d)</sup>||Donation funds||2,369.18
|2020||&nbsp; &nbsp;-||- ||&nbsp;$3247.85
|- align=center
 
| March 2011 ||&nbsp; &nbsp;42.89||3,903.27||319.90||Donation funds||2,092.17
|- align=center
| April 2011 ||&nbsp; &nbsp;134.88||4,038.15 ||319.90||Donation funds||1,907.15
|- align=center
| May 2011 ||&nbsp; &nbsp;72.22||4,110.37 ||319.90||Donation funds||1,659.47
|- align=center
| June 2011 ||&nbsp; &nbsp;33.68||4,144.05 ||319.90||Donation funds||1,373.25
|- align=center
| July 2011 ||&nbsp; &nbsp;216.57||4,360.02 ||319.90||Donation funds||1,269.92
|- align=center
|August 2011 ||&nbsp; &nbsp;143.55||4,503.57 ||319.90||Donation funds||1,093.57
|- align=center
|September 2011||&nbsp; &nbsp;602.64||5,106.21 ||319.90||Donation funds||1,056.41
|- align=center
|October 2011||&nbsp; &nbsp;1,388.87||6,495.08 ||319.90||Donation funds||2,125.38
|- align=center
|November 2011||&nbsp; &nbsp;764.56||7,259.64 ||319.90||Donation funds||2,570.04
|- align=center
|December 2011||&nbsp; &nbsp;9.68||7,269.32 ||319.90||Donation funds||2,259.82
|- align=center
|January 2012 #1||&nbsp; &nbsp;133.63||7,402.95 ||319.90||Donation funds<sup>(e)</sup>||2,073.55
|- align=center
|January 2012 #2||&nbsp; &nbsp;243.74(f)||7,646.69  || -- ||Donation funds<sup>(g)</sup>||2,317.29
|- align=center
|February 2012||&nbsp; &nbsp;167.37||7,814.06 ||319.90||Donation funds<sup>(h)</sup>||2,164.76
|- align=center
|March 2012||&nbsp; &nbsp;14.26||7,828.32 ||319.90||Donation funds||1,859.12
|- align=center
|April 2012||&nbsp; &nbsp;206.86||8,035.18||319.90||Donation funds||1,746.08
|- align=center
|May 2012||&nbsp; &nbsp;28.52||8,063.70||319.90||Donation funds||1,454.70
|- align=center
|June 2012||&nbsp; &nbsp;81.53||8,145.23||331.90<sup>(i)</sup>||Donation funds||1,204.33
|- align=center
|July 2012||&nbsp; &nbsp;121.97||8,267.20||331.90<sup>(i)</sup>||Donation funds||994.40
|- align=center
|August 2012||&nbsp; &nbsp;1,133.31||9,400.50||331.90<sup>(i)</sup>||Donation funds||1,795.81
|- align=center
|September 2012||&nbsp; &nbsp;442.98||9,843.48||319.90||Donation funds||1,918.89
|- align=center
|October 2012||&nbsp; &nbsp;404.84||10,248.32||319.90||Donation funds||2,003.83
|- align=center
|November 2012||&nbsp; &nbsp;242.39||10,490.71||319.90||Donation funds||1,926.32
|- align=center
|December 2012||&nbsp; &nbsp;408.09||10,898.48||319.90||Donation funds||2,014.51
|- align=center
|January 2013||&nbsp; &nbsp;379.55||11,278.03||319.90||Donation funds||2,074.16
|- align=center
|February 2013||&nbsp; &nbsp;197.87||11,475.90||319.90||Donation funds||1,952.13
|- align=center
|March 2013||&nbsp; &nbsp;586.18||12,062.08||319.90||Donation funds||2,218.41
|- align=center
|April 2013||&nbsp; &nbsp;134.51||12,196.59||319.90||Donation funds||2,033.02
|- align=center
|May 2013||&nbsp; &nbsp;376.21||12,572.80||319.90||Donation funds||2,089.33
|- align=center
|June 2013||&nbsp; &nbsp;212.44||12,785.20||319.90||Donation funds||1,981.87
|- align=center
|July 2013||&nbsp; &nbsp;221.82||13,007.02||319.90||Donation funds||1,883.79
|- align=center
|August 2013||&nbsp; &nbsp;227.52||13,219.46||319.90||Donation funds||1,791.41
|- align=center
|September 2013||&nbsp; &nbsp;97.35||13,316.81||369.87<sup>(j)</sup>||Donation funds||1,518.84
|- align=center
|October 2013||&nbsp; &nbsp;398.99<sup>(k)</sup>||13,715.80||431.85<sup>(l)</sup>||Donation funds||1,486.03
|- align=center
|November 2013<sup>(m)</sup>||&nbsp; &nbsp;356.51<sup>(k)</sup>||14,072.31||431.85<sup>(l)</sup>||Donation funds||1,410.69
|- align=center
|December 2013||&nbsp; &nbsp;505.06<sup>(k)</sup>||14,577.37||431.85<sup>(l)</sup>||Donation funds||1,483.90
|- align=center
|January 2014||&nbsp; &nbsp;433.65<sup>(k)</sup>||15,011.02||431.85<sup>(l)</sup>||Donation funds||1,485.70
|- align=center
|February 2014||&nbsp; &nbsp;520.56<sup>(k)</sup>||15,531.58||431.85<sup>(l)</sup>||Donation funds||1,574.41
|- align=center
|March 2014||&nbsp; &nbsp;424.76<sup>(k)</sup>||15,956.34||431.85<sup>(l)</sup>||Donation funds||1,567.32
|- align=center
|April 2014||&nbsp; &nbsp;361.43<sup>(k)</sup>||16,317.77||431.85<sup>(l)</sup>||Donation funds||1,496.90
|- align=center
|May 2014||&nbsp; &nbsp;438.51<sup>(k)</sup>||16,756.28||431.85<sup>(l)</sup>||Donation funds||1,503.56
|- align=center
|June 2014||&nbsp; &nbsp;476.29<sup>(k)</sup>||17,232.57||431.85<sup>(l)</sup>||Donation funds||1,548.00
|- align=center
|July 2014||&nbsp; &nbsp;448.92<sup>(k)</sup>||17,681.49||419.85<sup></sup>||Donation funds||1,577,07
|- align=center
|August 2014||&nbsp; &nbsp;400.37<sup>(k)</sup>||18,081.86||431.85<sup>(l)</sup>||Donation funds||1,545.59
|- align=center
|September 2014||&nbsp; &nbsp;433.15<sup>(k)</sup>||18,515.01||431.85<sup>(l)</sup>||Donation funds||1,546.89
|- align=center
|October 2014||&nbsp; &nbsp;79.00||18,594.01||431.85<sup>(l)</sup>||Donation funds||1,194.04
|- align=center
|November 2014||&nbsp; &nbsp;117.22||18,639.01||431.85<sup>(l)</sup>||Donation funds||879.41
|- align=center
|December 2014||&nbsp; &nbsp;160.62||18,799.63||111.95<sup>(n)</sup>||Donation funds||928.08
|- align=center
|January 2015||&nbsp; &nbsp;80.08||18,879.71||111.95<sup>(n)</sup>||Donation funds||896.21
|- align=center
|February 2015||&nbsp; &nbsp;210.56||19,090.27||111.95<sup>(n)</sup>||Donation funds||994.82
|- align=center
|March 2015||&nbsp; &nbsp;98.10||19,188.37||111.95<sup>(n)</sup>||Donation funds||980.97
|- align=center
|April 2015||&nbsp; &nbsp;45.00||19,233.37||111.95<sup>(n)</sup>||Donation funds||914.02
|- align=center
|May 2015||&nbsp; &nbsp;139.79||19,373.16||111.95<sup>(n)</sup>||Donation funds||941.86
|- align=center
|June 2015||&nbsp; &nbsp;98.10||19,471.26||111.95<sup>(n)</sup>||Donation funds||928.01
|- align=center
|July 2015||&nbsp; &nbsp;108.33||19,579.59||111.95<sup>(n)</sup>||Donation funds||924.39
|- align=center
|August 2015||&nbsp; &nbsp;108.33||19,687.92||111.95<sup>(n)</sup>||Donation funds||920.77
|- align=center
|September 2015||&nbsp; &nbsp;118.25||19,805.17||111.95<sup>(n)</sup>||Donation funds||927.07
|- align=center
|October 2015||&nbsp; &nbsp;96.16||19,901.33||111.95<sup>(n)</sup>||Donation funds||911.28
|- align=center
|November 2015||&nbsp; &nbsp;124.36||20,025.69||111.95<sup>(n)</sup>||Donation funds||923.69
|- align=center
|December 2015||&nbsp; &nbsp;145.55||20,171.24||111.95<sup>(n)</sup>||Donation funds||957.29
|- align=center
|January 2016||&nbsp; &nbsp;120.82||20,292.06||111.95<sup>(n)</sup>||Donation funds||966.16
|- align=center
|February 2016||&nbsp; &nbsp;119.86||20,411.92||111.95<sup>(n)</sup>||Donation funds||974.07
|- align=center
|March 2016||&nbsp; &nbsp;45.00||20,456.92||111.95<sup>(n)</sup>||Donation funds||907.12
|- align=center
|April 2016||&nbsp; &nbsp;45.00||20,506.92||111.95<sup>(n)</sup>||Donation funds||840.17
|- align=center
|May 2016||&nbsp; &nbsp;141.80||20,648.72||111.95<sup>(n)</sup>||Donation funds||870.02
|- align=center
|June 2016||&nbsp; &nbsp;136.44||20,785.16||111.95<sup>(n)</sup>||Donation funds||894.51
|- align=center
|July 2016||&nbsp; &nbsp;93.25||20,878.41||111.95<sup>(n)</sup>||Donation funds||875.81
|- align=center
|August 2016||&nbsp; &nbsp;106.40||20,984.81||111.95<sup>(n)</sup>||Donation funds||870.26
|- align=center
|September 2016||&nbsp; &nbsp;54.31||21,039.12||111.95<sup>(n)</sup>||Donation funds||812.62
|- align=center
|October 2016||&nbsp; &nbsp;253.28||21,292.40||111.95<sup>(n)</sup>||Donation funds||953.95
|- align=center
|November 2016||&nbsp; &nbsp;117.52||21,409.92||111.95<sup>(n)</sup>||Donation funds||959.52
|- align=center
|December 2016||&nbsp; &nbsp;587.56||21,997.48||111.95<sup>(n)</sup>||Donation funds||1,435.13
|- align=left
|- align=left
 
|colspan=5|&nbsp;<br/>
|colspan=6|Notes:<br/>(a) Donations via the Tides Foundation paid for all costs while Larry Sanger was Editor-in-Chief of Citizendium.<br/>
* As of April 2024, the monthly server cost is $103.95. This will go up annually adjusted for cost-of-living increases. The bank account balance currently stands at around $4100.
(b) Lower cost negotiated by Dan Nessett.<br/>
* In March of 2022, there was a major hardware and software upgrade, and we paid for two servers through May. The old server cost $74.95/mo, and the newer one $99/mo.  This major upgrade was generously supported by free technical work by Sergei Chekanov.
(c) Includes $51.60 additional cost for time spent moving  Citizendium to new 3-server configuration.<br/>
* We were overcharged for about six months of server costs during 2022. '''This overpayment will be used in 2023 to pay for the first six months of server costs.'''
(d) Further cost lowering for 3-server configuration negotiated by Dan Nessett.<br/>
(e) See Larry Sanger's [[/Sanger notes|notes]] for details concerning Sept. 2011 through January 2012.<br/>
(f) PayPal apparently charges approximately a 4.12% fee on donations made to the Citizendium account. The gross sum of donations during this period was actually $250.00.<br/>
(g) Hayford Peirce replaced Larry Sanger as Treasurer in late January. Additional donations were received but the previous balance of funds had not yet, as of January 31st, been transferred to Hayford's dedicated bank account at Chase maintained solely for the Citizendium account.<br/>
(h) Balance shown includes a donation of 48.25 that was not yet credited by the bank on Feb. 29, 2012.<br/>
(i) Includes a $12.00 bank service charge for having a monthly balance below the minimum required.<br/>
(j) Includes an extra $49.97 for a half-month by the service provider as we begin the migration to a cheaper service. While this is being worked on by the technical staff, we are temporarily paying two monthly charges.<br/>
(k) $319.90 of this total has been contributed by one of our techs as a special extra donation to cover the cost of the old servers while he works to migrate us to a cheaper service. To see the actual normal donations, deduct this amount.
<br/>
(l) Includes an extra $99.95 for a full month by the service provider as we continue the migration to a cheaper service. While this is being worked on by the technical staff, we are temporarily paying two monthly charges, the original $319.90 plus the extra $99.95.  As stated in Footnote (k), one of our techs is making a special donation to cover the $319.90.  It also includes a $12.00 bank charge for having a monthly balance below the minimum required.<br/>
(m) A number of donations are made towards the end of the month, generally via PayPal. Because it takes several days for our bank account to process PayPal transfers, it is easier for me to do the bookkeeping if I wait until the 4th or 5th of the following month to process the accounts—this way my figures of money in and money out jibe with the bank figures of what is actually in our account.<br/>
(n) The migration to a cheaper service is now complete. The monthly charge by the service provider will be $99.95. This month also includes a $12.00 bank charge for having a monthly balance below the minimum required.
<br/>
<br/>
|}


|}
== Regular donations appreciated ==
'''We would appreciate it if our members could make regular donations, starting with as little as $5 per month, as shown just below:


Our fiscal months start and end on the 20th (until Sept. 2011, the 16th) of each month because that is when we pay server costs for the coming month. Beginning with February 2012, however, with a new Treasurer in place, the above charts will reflect a calendar month and not the fiscal month. The figures shown will henceforth reflect the financial situation as of the last calendar day of that month.
:20 members pledging $5 per month ($60/year) would be enough to keep the servers running for a year, or
 
:15 members pledging $6.77 per month ($81/year) would be enough to keep the servers running for a year, or
The MC is making every effort to find some university, or philanthropist or charitable non-profit organization to help us with free server facilities or with additional funds. However, we have had no success to date. It appears that we must continue to raise our own funds by donations.
:10 members pledging $10 per month (100/year) would be enough to keep the servers running for a year'''
<br/>


'''What we will urgently need is for a small number of our members to pledge  monthly donations ranging from $5.80 per month to $11.60 per month, as shown just below:
In Southern California, the cost of seeing a movie at the cinema is $15.  Please '''[[CZ:Donate|make your donations here]]'''.


:20 members pledging $5.80 per month would raise $116.00 (which would be $112 after deducting PayPal's fee, sufficient for hosting cost) or
== Archives ==
:15 members pledging $7.74 per month would raise $116.00 (which would be $112 after deducting PayPal's fee, sufficient for hosting cost) or
:10 members pledging $11.60 per month would raise $116.00 (which would be $112 after deducting PayPal's fee, sufficient for hosting cost)'''


In Southern California, the cost of seeing a movie at the cinema is $15.
{| cellpadding="1" style="float: middle; border: 1px solid #aaa; background: #eeeeee; padding: 5px; font-size: 90%; margin: 0 0 15px 15px; clear: middle;"
|-
| style="text-align: center;" | '''<big>[[Financial Report Archives]]</big>'''
|-
| style="padding: 0.25em;"|'''Archive 1, 6-26-2020:''' [[Financial_report/Archive1]] ''(pre-2019)''
|-
| style="padding: 0.25em;"|'''Archive 2, 1-11-2021:''' [[Financial_report/Archive2]] ''(2019-20)''
|-
| style="padding: 0.25em;"|'''Archive 3, 12-31-2022:''' [[Financial_report/Archive3]] ''(2021-22 partial)''
|-
<!--
| style="padding: 0.25em;"|'''Archive 4, date?''' [[User_talk:Pat_Palmer/Archive4]]
|-
-->
|}


== See also ==
== See also ==
*[[CZ:Donate|Donate]]
*[[CZ:Donate|Donate]]

Latest revision as of 13:20, 17 March 2024

Current financial status

Financial history (see archives for details of prior years)
Year Donations
during year, $		 Expenses
during year, $		 Funds on hand
at years's end, $
2023   $1,713.39

$539.38 - server
$1,167.18 - system administration
$227.74 - domains and email

$1,934.30 - total expenses

 $2,981.68
2022   $3,433.66

$1,875.08 - server hosting (overpaid, see below)
$669.23 - programmer
$285.02 - software
$34.05 - temp domain name

$2,863.38 - total expenses

 $3202.59
2021    - -  $2707.26
2020    - -  $3247.85
 
  • As of April 2024, the monthly server cost is $103.95. This will go up annually adjusted for cost-of-living increases. The bank account balance currently stands at around $4100.
  • In March of 2022, there was a major hardware and software upgrade, and we paid for two servers through May. The old server cost $74.95/mo, and the newer one $99/mo. This major upgrade was generously supported by free technical work by Sergei Chekanov.
  • We were overcharged for about six months of server costs during 2022. This overpayment will be used in 2023 to pay for the first six months of server costs.


Regular donations appreciated

We would appreciate it if our members could make regular donations, starting with as little as $5 per month, as shown just below:

20 members pledging $5 per month ($60/year) would be enough to keep the servers running for a year, or
15 members pledging $6.77 per month ($81/year) would be enough to keep the servers running for a year, or
10 members pledging $10 per month (100/year) would be enough to keep the servers running for a year

In Southern California, the cost of seeing a movie at the cinema is $15. Please make your donations here.

Archives

Financial Report Archives
Archive 1, 6-26-2020: Financial_report/Archive1 (pre-2019)
Archive 2, 1-11-2021: Financial_report/Archive2 (2019-20)
Archive 3, 12-31-2022: Financial_report/Archive3 (2021-22 partial)

See also

Retrieved from "https://citizendium.org/wiki/index.php?title=CZ:Financial_report&oldid=940040"