May 6, 2011 – September 30, 2011
Income Statement
| Summary
|
| Revenue
|
$5,546.01
|
|
| Expenses
|
($415.79)
|
|
| Net income
|
$5,130.22
|
|
| Revenue
|
| Grants
|
$5,195.13
|
Bootstrapping grant from the Wikimedia Foundation
|
| Membership dues
|
$350.88
|
|
| Total revenue
|
$5,546.01
|
|
| Expenses
|
| Technical
|
$228.22
|
|
| Administrative
|
$180.58
|
|
| Transaction fees
|
$6.99
|
|
| Total expenses
|
$415.79
|
|
Statement of Retained Earnings
| Beginning retained earnings
|
$0.00
|
This is the first year of the Corporation's existence.
|
| Net income
|
$5,130.22
|
|
| Total retained earnings
|
$5,130.22
|
|
Balance Sheet
| Assets
|
| Restricted cash
|
$4,686.33
|
|
| Unrestricted cash
|
$443.89
|
Includes cash held in payment processing accounts.
|
| Total assets
|
$5,130.22
|
|
| Liabilities
|
| Total liabilities
|
$0.00
|
|
| Equities
|
| Retained earnings
|
$5,130.22
|
|
| Total equities
|
$5,130.22
|
|
Statement of Cash Flows
| Operating activities
|
| Decrease in accounts receivable
|
$5,195.13
|
|
| Decrease in accounts payable
|
($408.80)
|
|
| Increase from operations
|
$343.89
|
|
| Total
|
$5,130.22
|
Receipt of grant monies from the Wikimedia Foundation
|
| Investing activities
|
| Total
|
$0.00
|
|
| Financing activities
|
| Total
|
$0.00
|
|
| Total
|
| Net increase in cash
|
$5,130.22
|
|