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

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(progress into new format)
(Clean up income statement)
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This draft is dated Oct 5, 2013.
  
This draft is dated Oct 5, 2013.
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beginning of hack
  
   
 
==Income Statement==
  
==Income Statement==
 
<div class="rowlines-wrapper">
  
<div class="rowlines-wrapper">
−
{| class="rowlines"
 +
{| class="rowlines"
  ⚫
! colspan="4" | Revenue
 
|-
  
|-
  ⚫
| rowspan="7" style="width:10px;" |
⚫
! colspan="5" | Revenues
  
 
|-
  
|-
  ⚫
| Donations
⚫
| rowspan="8" style="width:10px;" |
  
⚫
| colspan="2" |
 
−
|
  
−
|
  
−
|-
  
−
| rowspan="6" style="width:10px;" | &nbsp;
  
⚫
| Donations
  
 
| align="right" | $7,490.00
 
| align="right" | $7,490.00
  ⚫
| width="60%" | &nbsp;
−
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 
 
|-
  
|-
−
| Grants
 +
| Grants
 
| align="right" | $2,750.00
 
| align="right" | $2,750.00
−
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 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.
 +
| width="60%" | {{note|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
 
| Event sponsorships
 
| align="right" | $500.00
 
| align="right" | $500.00
  ⚫
| width="60%" |
−
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 
 
|-
  
|-
 
| Membership dues
  
| Membership dues
−
| align="right" | $590.00
+
| align="right" | $590.00
  ⚫
| width="60%" |
−
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 
 
|-
  
|-
 
| Wikimania 2012
  
| Wikimania 2012
−
| align="right" | ($14.00)
+
| align="right" | $(14.00)
−
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Final Wikimania 2012 business from previous fiscal year, made up of refunds and receipts from uncollected accounts
+
| width="60%" | {{note|Final Wikimania business, including refunds and receipts from uncollected accounts.}}
 
|-
  
|-
−
| '''Total revenues'''
 +
| '''Total revenue'''
 
| align="right" | '''$11,316.00 '''
  
| align="right" | '''$11,316.00 '''
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| &nbsp;
 +
| width="60%" | &nbsp;
 
|-
  
|-
−
! colspan="5" | Expenses
 +
! colspan="4" | Expenses
 
|-
  
|-
−
| rowspan="8" style="width:10px;" |
 +
| rowspan="10" style="width:10px;" |
−
| colspan="2" |
 
−
|
  
−
|
  
 
|-
  
|-
−
| rowspan="6" style="width:10px;" | &nbsp;
  
 
| Program
  
| Program
 
| align="right" | $12,232.14
 
| align="right" | $12,232.14
−
| &nbsp;
 +
| width="60%" | &nbsp;
−
|
  
−
|}
  
−
</div>
  
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end of hack
  
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==Income Statement==
  
−
<div class="rowlines-wrapper">
  
−
{| class="rowlines"
 
−
| rowspan="19" style="width:10px;" |
  
−
! colspan="13" | Revenues
  
−
|-
  
−
| colspan="2" | Donations
 
−
| align="right" | $7,490.00
 
⚫
| width="50%" | &nbsp;
  
−
|-
  
−
| colspan="2" | Grants
 
−
| align="right" | $2,750.00
 
−
| width="50%" | 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.
  
−
|-
  
−
| colspan="2" | Event sponsorships
 
−
| align="right" | $500.00
 
⚫
| width="50%" |
 
−
|-
  
−
| colspan="2" | Membership dues
  
−
| align="right" | $590.00
 
−
| width="50%" |
 
−
|-
  
−
| colspan="2" | Wikimania 2012
  
−
| align="right" | $(14.00)
 
−
| width="50%" | Final Wikimania business, including refunds and receipts from uncollected accounts
 
−
|-
  
−
| colspan="2" | '''Total revenues'''
  
−
| align="right" | '''$11,316.00 '''
  
−
| width="50%" | &nbsp;
  
−
|-
  
−
! colspan="6" | Expenses
  
−
|-
  
−
| colspan="2" | Program
  
−
| align="right" | $12,232.14
 
−
| width="50%" | &nbsp;
  
 
|-
  
|-
−
| colspan="2" | Taxes
+
| Taxes
 
| align="right" | $4,102.68
  
| align="right" | $4,102.68
−
| width="50%" | 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.
 +
| width="60%" | {{note|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.}}
 
|-
  
|-
−
| colspan="2" | Rent
+
| Rent
 
| align="right" | $1,320.00
  
| align="right" | $1,320.00
−
| width="50%" | Office at 1629 K Street NW, Washington, DC
 +
| width="60%" | {{note|Office at 1629 K Street NW, Washington, DC.}}
 
|-
  
|-
−
| colspan="2" | Administrative expense
 +
| Administrative expenses
 
| align="right" | $615.32
 
| align="right" | $615.32
−
| width="50%" | &nbsp;
 +
| width="60%" | &nbsp;
 
|-
  
|-
−
| colspan="2" | Grants
+
| Grants
 
| align="right" | $592.70
  
| align="right" | $592.70
−
| width="50%" | Grants which funded programs were instead classified as program expenses.
 +
| width="60%" | {{note|Grants which funded programs were instead classified as program expenses.}}
 
|-
  
|-
−
| colspan="2" | Technical expenses
 +
| Technical expenses
 
| align="right" | $497.90
  
| align="right" | $497.90
−
| width="50%" | &nbsp;
 +
| width="60%" | &nbsp;
 
|-
  
|-
−
| colspan="2" | Asset depreciation
 +
| Asset depreciation
 
| align="right" | $384.83
  
| align="right" | $384.83
−
| width="50%" | 20% of original value per year
 +
| width="60%" | {{note|20% of original value per year.}}
 
|-
  
|-
−
| colspan="2" | Transaction fees
 +
| Transaction fees
 
| align="right" | $124.91
  
| align="right" | $124.91
−
| width="50%" | To Wells Fargo, Paypal, and others
 +
| width="60%" | {{note|To Wells Fargo, Paypal, and others.}}
 
|-
  
|-
−
| colspan="2" | '''Total expenses'''
 +
| '''Total expenses'''
 
| align="right" | '''$19,870.48'''
  
| align="right" | '''$19,870.48'''
−
| width="50%" | &nbsp;
 +
| width="60%" | &nbsp;
 
|-
  
|-
−
! colspan="6" | Net income
 +
! colspan="4" | Net income
 
|-
  
|-
−
| style="width:8px;" |
 +
| style="width:10px;" |
−
| colspan="2" | '''Net income (loss)'''
 +
| '''Net income (loss)'''
 
| align="right" | '''($8,554.48)'''
 
| align="right" | '''($8,554.48)'''
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| width="50%" | &nbsp;
+
| width="60%" | &nbsp;
 
|}
  
|}
 
</div>
  
</div>
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==Statement of Retained Earnings==
 
==Statement of Retained Earnings==

Revision as of 01:09, 9 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

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 revenue $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 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% 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 $0.00  
Financing activities $0.00  
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=6004"