[OSGeo Finance] Draft 2008 Financials

[Frank Warmerdam]

Folks,

I have run the 2008 income and balance sheet reports again with Tyler's
recent adjustments, and I have adjusted the balance sheet report again
to report the GDAL project restricted funds as a liability.  I know Ken
didn't like this, but I can't seem to find the email where he suggested
an alternative, and I've been paralysed on this front for too long.

Looking at the 2008 Income/Expenses there were a few things that bugged me.

1) The "Contributions" expense item (14709.32) is really the portion of
the FOSS4G 2008 profits that were provided to GISSA and the GISSA
education fund.  I'm not sure why "Summer of Code" and "Promotion" got
subcategories while this did not.

2) I'm not sure why the Geoconnextion payment went into "Services" while
stuff like Google Summer of Code Mentorship payments went into "Unrestricted
General".

3) I see a $968.62 expense under professional fees which turns out to be
a payment for FOSS4G 2009, presumably for Tyler.  Is there a reason this
is not included in the "Event Fee" category under Travel and Entertainment?

4) I was surprised to see $15510 for uncollectable debt.  I thought the new
plan was not to treat withdrawn sponsorship invoices this way?  I generated
this report on Friday.

I'm not going to make a motion to approve these reports quite yet as I'd
like a chance for some feedback and possible adjustments first.  I will
likely make a motion tomorrow if there are no serious objections.

I would like to get these approved in time to forward to the board this
Friday.

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

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