Difference between revisions of "Annual financial report (2012–2013)"

From Wikimedia District of Columbia
Jump to navigation Jump to search
(more formatting)
(put Statement of Retained Earnings into table format)
Line 88: Line 88:
   
   
⚫
 
−
 
 
==Statement of Retained Earnings==
 
==Statement of Retained Earnings==
  +
<div class="rowlines-wrapper">
−
<pre>
 
  +
{| class="rowlines"
⚫
Beginning retained earnings $15,449.10
 
  +
| rowspan="4" style="width:10px;" |
−
Net loss $(8,554.48)
 
  +
|-
⚫
Total retained earnings $6,894.62
 
  ⚫
| colspan="3" | Beginning retained earnings
⚫
</pre>
 
  +
| align="right" | $15,449.10
−
 
  +
| width="50%" | &nbsp;
⚫
==Balance Sheet==
 
  +
|-
−
<pre>
  
  +
| colspan="3" | Net loss
⚫
Current assets
 
  +
| align="right" | ($8,554.48)
⚫
Unrestricted cash $2,302.29 Includes our bank account and two prepaid cards
  
  +
| width="50%" | &nbsp;
⚫
Temporarily restricted cash $3,133.21 From WMF Bootstrapping Grant and Outreach 2013 grant.
  
  +
|-
⚫
Non-current assets
 
  +
| style="width:8px;" |
−
Fixed assets $1,923.94
 
  ⚫
| colspan="3" | '''Total retained earnings'''
⚫
Accumulated depreciation $(384.83)
 
  +
| align="right" | '''$6,894.62'''
−
Net fixed assets $1,539.11
 
  +
| width="50%" | &nbsp;
  +
|}
  ⚫
</div>
   
−
Total assets: $6,974.61
  
 
 
  ⚫
==Balance Sheet==
−
 
  +
<div class="rowlines-wrapper">
−
Liabilities
 
  +
{| class="rowlines"
−
Total $-
 
  +
| rowspan="4" style="width:10px;" |
−
Equities
 
  ⚫
! colspan="13" | Current assets
−
Retained earnings $6,894.62
 
  +
|-
−
Donated capital $79.99
 
  +
| colspan="3" | Unrestricted cash
−  
  +
| align="right" | $2,302.29
⚫
Total liabilities and equities: $6,974.61
  
  ⚫
| width="50%" | Includes our bank account and two prepaid cards
⚫
</pre>
  
  +
|-
  +
| colspan="3" | Temporarily restricted cash
  +
| align="right" | $3,133.21
  ⚫
| width="50%" | From WMF Bootstrapping Grant and Outreach 2013 grant
  +
|-
  ⚫
! colspan="13" | Non-current assets
  +
|-
  +
| colspan="3" | Fixed assets
  +
| align="right" | $1,923.94
  +
| width="50%" | &nbsp;
  +
|-
  ⚫
| colspan="3" | Accumulated depreciation
  +
| align="right" | ($384.83)
  +
| width="50%" | &nbsp;
  +
|-
  +
| colspan="3" | Net fixed assets
  +
| align="right" | $1,539.11
  +
| width="50%" | &nbsp;
  +
|-
  +
| style="width:8px;" |
  +
| colspan="3" | '''Total assets'''
  +
| align="right" | '''$6,974.61'''
  +
| width="50%" | &nbsp;
  +
|-
  +
| colspan="3" | Liabilities
  +
| align="right" | $0.00
  +
| width="50%" | &nbsp;
  +
|-
  +
! colspan="13" | Equities
  +
|-
  +
| colspan="3" | Retained earnings
  +
| align="right" | $6,894.62
  +
| width="50%" | &nbsp;
  +
|-
  +
| colspan="3" | Donated capital
  +
| align="right" | $79.99
  +
| width="50%" | &nbsp;
  +
|-
  +
| style="width:8px;" |
  ⚫
| colspan="3" | '''Total liabilities and equities'''
  +
| align="right" | '''$6,974.61'''
  +
| width="50%" | &nbsp;
  ⚫
|}
  ⚫
</div>
   
−
==Statement of Cash Flows==
+
== Statement of Cash Flows ==
 
<pre>
  
<pre>
 
Operating activities
 
Operating activities

Revision as of 20:28, 5 October 2013



As Treasurer of the Wiki Society of Washington, DC, Inc., I, Peter Meyer, submit this draft report to the Audit Committee of the Society.

The Audit Committee is composed of Mr. Kirill Lokshin (chair), Mr. Nicholas Bashour, and Ms. Kathryn Tinker.

This draft is dated Oct 5, 2013.

Income Statement

Revenues
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 revenues $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 difficulties and delays securing tax-exempt status from the IRS. This expense is not expected to recur.
Rent $1,320.00 Office at 1629 K Street NW, Washington, DC
Administrative expense $615.32  
Grants $592.70 Grants which funded programs were instead classified as program expenses.
Technical expenses $497.90  
Asset depreciation $384.83 20% of original value per year
Transaction fees $124.91 To Wells Fargo, Paypal, and others
Total expenses $19,870.48  
Net income
Net income (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 $0.00  
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)

previous Annual Financial Report, for Fiscal 2012

Retrieved from "https://wikimediadc.org/index.php?title=Annual_financial_report_(2012–2013)&oldid=5903"