Difference between revisions of "Annual financial report (2012–2013)"
James Hare (talk | contribs) (Data dump) |
James Hare (talk | contribs) (Some copyedits) |
||
| Line 5: | Line 5: | ||
Donations $7,490.00 |
Donations $7,490.00 |
||
Grants $2,750.00 This does not include the "Outreach 2013" grant of $11,086.05 awarded by the Wikimedia Foundation, which is funded through excess grant funds from last year. |
Grants $2,750.00 This does not include the "Outreach 2013" grant of $11,086.05 awarded by the Wikimedia Foundation, which is funded through excess grant funds from last year. |
||
| − | Event sponsorships $500.00 |
+ | Event sponsorships $500.00 |
Membership dues $590.00 |
Membership dues $590.00 |
||
| − | Wikimania 2012 $(14.00) Final Wikimania business, including receipts from uncollected accounts |
+ | Wikimania 2012 $(14.00) Final Wikimania business, including refunds and receipts from uncollected accounts |
TOTAL $11,316.00 |
TOTAL $11,316.00 |
||
Expenses |
Expenses |
||
Program $12,232.14 |
Program $12,232.14 |
||
| − | Taxes $4,102.68 Corporate income taxes paid to the federal and DC governments from Fiscal Years 2011 and 2012, paid in this fiscal year due to issues securing tax-exempt status from the IRS |
+ | Taxes $4,102.68 Corporate income taxes paid to the federal and DC governments from Fiscal Years 2011 and 2012, paid in this fiscal year due to issues securing tax-exempt status from the IRS. This is expected to be a one-time expense. |
| − | Rent $1,320.00 |
+ | Rent $1,320.00 Office at 1629 K Street NW, Washington, DC |
Admin expenses $615.32 |
Admin expenses $615.32 |
||
| − | Grants $592.70 |
+ | Grants $592.70 Grants which funded programs were instead classified as program expenses. |
Technical expenses $497.90 |
Technical expenses $497.90 |
||
Asset depreciation $384.83 20% per year, starting with the close of Fiscal Year 2013 |
Asset depreciation $384.83 20% per year, starting with the close of Fiscal Year 2013 |
||
| Line 36: | Line 36: | ||
Current assets |
Current assets |
||
| − | Unrestricted cash $2,302.29 Includes our bank account and two |
+ | Unrestricted cash $2,302.29 Includes our bank account and two prepaid cards |
Temporarily restricted cash $3,133.21 From WMF Bootstrapping Grant and Outreach 2013 grant. |
Temporarily restricted cash $3,133.21 From WMF Bootstrapping Grant and Outreach 2013 grant. |
||
Non-current assets |
Non-current assets |
||
| Line 42: | Line 42: | ||
Accumulated depreciation $(384.83) |
Accumulated depreciation $(384.83) |
||
Net fixed assets $1,539.11 |
Net fixed assets $1,539.11 |
||
| + | |||
| + | Total assets: $6,974.61 |
||
| Line 49: | Line 51: | ||
Retained earnings $6,894.62 |
Retained earnings $6,894.62 |
||
Donated capital $79.99 |
Donated capital $79.99 |
||
| + | |||
| + | Total liabilities and equities: $6,974.61 |
||
==Statement of Cash Flows== |
==Statement of Cash Flows== |
||
| − | + | Operating activities |
|
| − | + | Decrease in accounts payable $(11,877.93) |
|
| − | + | Decrease from operations $(2,811.54) |
|
| − | + | Decrease in prepaid expenses $(81.45) |
|
| − | + | Total $(14,770.92) |
|
| − | + | Investing activities |
|
| − | + | Total $- |
|
| − | + | Financing activities |
|
| − | + | Total $- |
|
| + | |||
| − | + | Net cash loss $(14,770.92) |
|
Revision as of 21:12, 29 September 2013
Income Statement
Revenue Donations $7,490.00 Grants $2,750.00 This does not include the "Outreach 2013" grant of $11,086.05 awarded by the Wikimedia Foundation, which is funded through excess grant funds from last year. Event sponsorships $500.00 Membership dues $590.00 Wikimania 2012 $(14.00) Final Wikimania business, including refunds and receipts from uncollected accounts TOTAL $11,316.00
Expenses Program $12,232.14 Taxes $4,102.68 Corporate income taxes paid to the federal and DC governments from Fiscal Years 2011 and 2012, paid in this fiscal year due to issues securing tax-exempt status from the IRS. This is expected to be a one-time expense. Rent $1,320.00 Office at 1629 K Street NW, Washington, DC Admin expenses $615.32 Grants $592.70 Grants which funded programs were instead classified as program expenses. Technical expenses $497.90 Asset depreciation $384.83 20% per year, starting with the close of Fiscal Year 2013 Transaction fees $124.91 TOTAL $19,870.48
Net loss $(8,554.48)
Statement of Retained Earnings
Beginning retained earnings $15,449.10 Net loss $(8,554.48) Total retained earnings $6,894.62
Balance Sheet
Current assets Unrestricted cash $2,302.29 Includes our bank account and two prepaid cards Temporarily restricted cash $3,133.21 From WMF Bootstrapping Grant and Outreach 2013 grant. Non-current assets Fixed assets $1,923.94 Accumulated depreciation $(384.83) Net fixed assets $1,539.11
Total assets: $6,974.61
Liabilities
Total $-
Equities
Retained earnings $6,894.62
Donated capital $79.99
Total liabilities and equities: $6,974.61
Statement of Cash Flows
Operating activities Decrease in accounts payable $(11,877.93) Decrease from operations $(2,811.54) Decrease in prepaid expenses $(81.45) Total $(14,770.92) Investing activities Total $- Financing activities Total $-
Net cash loss $(14,770.92)