[OSGeo Finance] Motion: Approve 2008Q3 Financial Statements

[Paul Ramsey]

+1, looks great.

P

On Thu, Oct 30, 2008 at 8:05 AM, Frank Warmerdam <warmerdam at pobox.com> wrote:
> Motion: The finance committee recommends the attached 2008 Q3 financial
> statements to the board for approval.
>
> ---
>
> If possible I'd like to close this vote by Friday evening.  If anyone needs
> more time for review, let me know and we will hold the vote open till
> Monday.
>
> You are encouraged to use the quickbooks online access discussed to verify
> the statements from the detailed transactions.
>
> --
>
> I'll start the voting with my +1.
>
> Best regards,
> --
> ---------------------------------------+--------------------------------------
> I set the clouds in motion - turn up   | Frank Warmerdam,
> warmerdam at pobox.com
> light and sound - activate the windows | http://pobox.com/~warmerdam
> and watch the world go round - Rush    | Geospatial Programmer for Rent
>
>
> OSGeo
> Balance Sheet
> As of September 30, 2008
>
> Total
> ASSETS
>    Current Assets
>       Bank Accounts
>          CHECKING TD BANK 48,746.92
>          CHECKING WELLS FARGO 108,742.02
>          PayPal 0.00
>       Total Bank Accounts $157,488.94
>       Accounts Receivable
>          Accounts Receivable 84,520.00
>       Total Accounts Receivable $84,520.00
>       Other Current Assets
>          Undeposited Funds 0.00
>       Total Other Current Assets $0.00
>    Total Current Assets $242,008.94
> TOTAL ASSETS $242,008.94
> LIABILITIES AND EQUITY
>    Liabilities
>       Current Liabilities
>          Accounts Payable
>             Accounts Payable 235.00
>          Total Accounts Payable $235.00
>          Credit Cards
>             Credit Card - TD VISA 0.00
>             Tyler Personal CC 0.00
>          Total Credit Cards $0.00
>       Total Current Liabilities $235.00
>       GDAL Restricted $25,356.10
>    Total Liabilities $25,591.10
>    Equity
>       Opening Balance Equity 3,971.19
>       Retained Earnings 150,120.97
>       Net Income 62,325.68
>    Total Equity $216,418.84
> TOTAL LIABILITIES AND EQUITY $242,008.94
> Tuesday, Oct 28, 2008 12:37:13 AM GMT-4 - Accrual Basis
>
> OSGeo
> Income & Expenses
> July - September, 2008
>
> Total
> Income
>    Donations
>       Associate Sponsor 6,000.00
>       Project Restricted
>          GDAL 24,000.00
>       Total Project Restricted 24,000.00
>       Supporting Sponsor 20,000.00
>       Sustaining Sponsor 25,000.00
>       Unrestricted General 18,000.00
>    Total Donations 93,000.00
> Total Income $93,000.00
> Expenses
>    Bank Service Charges 288.76
>    Contract Labor
>       Project
>          GDAL 3,648.00
>       Total Project 3,648.00
>    Total Contract Labor 3,648.00
>    Incorporation costs 30.96
>       Tax 20.00
>    Total Incorporation costs 50.96
>    Office Supplies
>       Phone 437.62
>       Postal 422.20
>       Software 103.96
>    Total Office Supplies 963.78
>    Payroll & Benefits 27,637.74
>    Professional Fees
>       Meetings 968.62
>    Total Professional Fees 968.62
>    Promotion & Visibility
>       Communications 4,354.63
>       Merchandise 1,257.64
>       Printing 704.31
>    Total Promotion & Visibility 6,316.58
>    Systems
>       DNS 120.00
>       Hosting 2,335.80
>    Total Systems 2,455.80
>    Travel & Ent
>       Lodging 361.44
>       Meals 103.61
>       Travel 1,869.05
>    Total Travel & Ent 2,334.10
> Total Expenses $44,664.34
> Net Operating Income $48,335.66
> Net Income $48,335.66
> Tuesday, Oct 28, 2008
> This report was created using QuickBooks Online.
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