[tor] Financial report from Kelly for the meeting tonigth

Noisebridge Treasurer treasurer at noisebridge.net
Wed Sep 28 17:50:04 UTC 2011


I think we agreed that the general fund receives 8% to cover paypal
fees. Happy to re-open that debate if anyone is unclear on why.

Otherwise, cool!

-Kelly

On Wed, Sep 28, 2011 at 03:51, Andy Isaacson <adi at hexapodia.org> wrote:
> On Tue, Sep 27, 2011 at 04:09:25PM -0700, Rubin Abdi wrote:
>> Could Noisetor give a little update to so Kelly's doesn't seem so vague?
>>
>> https://www.noisebridge.net/wiki/Meeting_Notes_2011_09_27#Financial_Report
>>
>> Funds in bank: $20,251.08 We just paid rent, and we're still over
>> prudent reserve! Very exciting. However, I still haven't reconciled all
>> of the Tor project earmarks, so probably a bunch of that is their money.
>> In some ways, this is good, because their prudent reserve will always be
>> a part of our buffer now. If there is someone there from the Tor project
>> who can give a balance of funds collected (minus the recent service they
>> purchased, which we paid for and that's reflected in the current
>> balance) then we can subtract that and have a better idea of how much is
>> in the noisebridge general fund.
>
> The Noisebridge Tor Project has received $1340.00 in donations.
>
> I do not have immediate access to the precise amount that Paypal took
> out in fees, but when I did a sampling of the data I do have it worked
> out to about 5%.
>
> I also don't have the exact amount of the first month's payment for
> service, but I recall the number being around $800.
>
> Noisebridge General Fund receives 5% of the Noisetor donations.
>
> So the net balance of the Noisebridge Tor Project should be about $400.
> Plus or minus $50 for the fudge factors I list above.
>
> So it's not a significant fraction of the $20k in the Noisebridge
> accounts.
>
> -andy
>



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