From rekkanoryo at rekkanoryo.org  Sat Apr  2 13:37:26 2022
From: rekkanoryo at rekkanoryo.org (John Bailey)
Date: Sat, 2 Apr 2022 13:37:26 -0400
Subject: Treasurer's Report
Message-ID: <CALfZOuWvQq8Q4RT7ob-=2Z+u=qRuRw6WFh=_GD+DPhh_HURDnA@mail.gmail.com>

Board,

Please find below my annual Treasurer's Report.  My schedule in April
will prevent me from being able to organize and attend a board meeting
during the month, however, I thought it would be useful to provide the
report as usual.

Treasurer's Report:

Closing Balance as of December 31, 2020 was $24,727.55.

Opening Balance as of January 1, 2021 was $24,727.55.

Income:
  * Amazon Smile: $40.07
  * Google Summer of Code: $800.00
  * Interest: $4.00
  * Spreadshirt: $63.00
  * Other donations: $562.19

  Total Income: $1,469.26

Expense:
  * Development:
    * Mac Mini reimbursement to John Bailey: $700.00
    * Code Signing Certificate reimbursement to Gary Kramlich: $177.00
  * Fees:
    * Renewal of domains and purchase of pidginchat.com (Reimbursement
      to John Bailey): $105.40
  * Disbursement of Google Summer of Code Mentor Stipend to Gary
    Kramlich: $800.00

  Total Expense: $1,782.40

Net change in money on hand for the year is a loss of $313.14.

Closing Balance as of December 31, 2021 is $24,414.41, broken down as
follows:
  * Checking account: $1,500.00
  * Paypal: $113.99
  * Savings Account: $22,800.42

Additional items to note--John made the following transfers:
  * $2,500.00 from Paypal to Checking account
  * $169.92 from Paypal to Checking account
  * $146.10 from Paypal to Checking account
  * $57.93 from Paypal to Checking account
  * $53.00 from Paypal to Checking account
  * $148.87 from Paypal to Checking account
  * $5,000.00 from Checking account to Savings account
  * $146.10 from Checking account to Savings account
  * $57.93 from Checking account to Savings account
  * $372.91 from Checking account to Savings account
  * $518.90 from Checking account to Savings account
  * $148.87 from Checking account to Savings account

The above transfers were made to maintain the Paypal balance at $100.00
and the Checking account balance at $1500.00

As always, the GnuCash ledger and bank statements are available for
examination by the Board and Officers upon request.  GnuCash files are
available in Keybase in the IMF Officers group's files.

2022 So far...

Opening Balance as of January 1, 2022 was $24,414.41.

Income:
  * Interest: $1.12
  * Amazon Smile: $17.12
  * Spreadshirt: $15.00
  * Other Donations: $13.50

  Total Income: $46.74

Expense:
  * Fees:
    * Reimbursement to John Bailey for domain renewals (pidgin.im and
      adium.im): $40.00

  Total Expense: $40.00

Current Balance: $24,421.15, broken down as follows:
  * Paypal: $100.00
  * Checking account: $1,475.00
  * Savings account: $22,846.15

Net change, "profit" of $6.74.

Transactions:
  * Transfer of $18.33 from Paypal to Checking account
  * Transfer of $9.16 from Paypal to Checking account
  * Transfer of $44.61 from Checking account to Savings account
  * Transfer of $15.00 from Paypal to Checking account
  * Reimbursement to John for domain renewals (pidgin.im and adium.im)

The above transfers were made to keep the PayPal balance at $100 and
the Checking account balance near $1,500.  This also helps maximize our
interest income.

Additional items to note:
  * John sent 1099-NEC to Gary for the mentor stipend disbursement from
    2021.  This had a deadline of January 31, which John met.
  * John filed the forms with the IRS that went with Gary's 1099-NEC.
    This had a deadline of January 31, which John met.
  * John missed the filing deadline with Delaware and incurred a $200
    penalty and $3 interest charge.  Deadline was March 31.  Total
    expense for this is $228.  John directly filed with Delaware to
    save $235 in additional filing fees from CT Corp.  This has not
    been reimbursed to John yet due to it being over the $50 threshold.
  * John will receive an invoice in July from CT Corp for approximately
    $165.  This is the annual fee for their representation services,
    which are required for us to remain a Delaware corporation.
  * John renewed the pidgin.im and adium.im domains and reimbursed
    himself for it due to the total expense being $40, which is under
    the $50 threshold to require Board approval.


Thanks,
John


From rekkanoryo at rekkanoryo.org  Sat Apr  2 14:59:17 2022
From: rekkanoryo at rekkanoryo.org (John Bailey)
Date: Sat, 2 Apr 2022 14:59:17 -0400
Subject: Treasurer's Report
In-Reply-To: <CALfZOuWvQq8Q4RT7ob-=2Z+u=qRuRw6WFh=_GD+DPhh_HURDnA@mail.gmail.com>
References: <CALfZOuWvQq8Q4RT7ob-=2Z+u=qRuRw6WFh=_GD+DPhh_HURDnA@mail.gmail.com>
Message-ID: <CALfZOuUeBmZPbp4_FieHS3ROs36u0gMBGCUthrp_JkNOro2fXg@mail.gmail.com>

I don't know where I got March 31 as the deadline for the Delaware
filing.  The deadline was actually February 28, and I didn't know I
had missed the deadline until around March 24.

John

On Sat, Apr 2, 2022 at 1:37 PM John Bailey <rekkanoryo at rekkanoryo.org> wrote:
>
> Board,
>
> Please find below my annual Treasurer's Report.  My schedule in April
> will prevent me from being able to organize and attend a board meeting
> during the month, however, I thought it would be useful to provide the
> report as usual.
>
> Treasurer's Report:
>
> Closing Balance as of December 31, 2020 was $24,727.55.
>
> Opening Balance as of January 1, 2021 was $24,727.55.
>
> Income:
>   * Amazon Smile: $40.07
>   * Google Summer of Code: $800.00
>   * Interest: $4.00
>   * Spreadshirt: $63.00
>   * Other donations: $562.19
>
>   Total Income: $1,469.26
>
> Expense:
>   * Development:
>     * Mac Mini reimbursement to John Bailey: $700.00
>     * Code Signing Certificate reimbursement to Gary Kramlich: $177.00
>   * Fees:
>     * Renewal of domains and purchase of pidginchat.com (Reimbursement
>       to John Bailey): $105.40
>   * Disbursement of Google Summer of Code Mentor Stipend to Gary
>     Kramlich: $800.00
>
>   Total Expense: $1,782.40
>
> Net change in money on hand for the year is a loss of $313.14.
>
> Closing Balance as of December 31, 2021 is $24,414.41, broken down as
> follows:
>   * Checking account: $1,500.00
>   * Paypal: $113.99
>   * Savings Account: $22,800.42
>
> Additional items to note--John made the following transfers:
>   * $2,500.00 from Paypal to Checking account
>   * $169.92 from Paypal to Checking account
>   * $146.10 from Paypal to Checking account
>   * $57.93 from Paypal to Checking account
>   * $53.00 from Paypal to Checking account
>   * $148.87 from Paypal to Checking account
>   * $5,000.00 from Checking account to Savings account
>   * $146.10 from Checking account to Savings account
>   * $57.93 from Checking account to Savings account
>   * $372.91 from Checking account to Savings account
>   * $518.90 from Checking account to Savings account
>   * $148.87 from Checking account to Savings account
>
> The above transfers were made to maintain the Paypal balance at $100.00
> and the Checking account balance at $1500.00
>
> As always, the GnuCash ledger and bank statements are available for
> examination by the Board and Officers upon request.  GnuCash files are
> available in Keybase in the IMF Officers group's files.
>
> 2022 So far...
>
> Opening Balance as of January 1, 2022 was $24,414.41.
>
> Income:
>   * Interest: $1.12
>   * Amazon Smile: $17.12
>   * Spreadshirt: $15.00
>   * Other Donations: $13.50
>
>   Total Income: $46.74
>
> Expense:
>   * Fees:
>     * Reimbursement to John Bailey for domain renewals (pidgin.im and
>       adium.im): $40.00
>
>   Total Expense: $40.00
>
> Current Balance: $24,421.15, broken down as follows:
>   * Paypal: $100.00
>   * Checking account: $1,475.00
>   * Savings account: $22,846.15
>
> Net change, "profit" of $6.74.
>
> Transactions:
>   * Transfer of $18.33 from Paypal to Checking account
>   * Transfer of $9.16 from Paypal to Checking account
>   * Transfer of $44.61 from Checking account to Savings account
>   * Transfer of $15.00 from Paypal to Checking account
>   * Reimbursement to John for domain renewals (pidgin.im and adium.im)
>
> The above transfers were made to keep the PayPal balance at $100 and
> the Checking account balance near $1,500.  This also helps maximize our
> interest income.
>
> Additional items to note:
>   * John sent 1099-NEC to Gary for the mentor stipend disbursement from
>     2021.  This had a deadline of January 31, which John met.
>   * John filed the forms with the IRS that went with Gary's 1099-NEC.
>     This had a deadline of January 31, which John met.
>   * John missed the filing deadline with Delaware and incurred a $200
>     penalty and $3 interest charge.  Deadline was March 31.  Total
>     expense for this is $228.  John directly filed with Delaware to
>     save $235 in additional filing fees from CT Corp.  This has not
>     been reimbursed to John yet due to it being over the $50 threshold.
>   * John will receive an invoice in July from CT Corp for approximately
>     $165.  This is the annual fee for their representation services,
>     which are required for us to remain a Delaware corporation.
>   * John renewed the pidgin.im and adium.im domains and reimbursed
>     himself for it due to the total expense being $40, which is under
>     the $50 threshold to require Board approval.
>
>
> Thanks,
> John


From mathuaerknedam at gmail.com  Sat Apr  2 17:32:16 2022
From: mathuaerknedam at gmail.com (Mathuaerknedam !)
Date: Sat, 2 Apr 2022 16:32:16 -0500
Subject: Treasurer's Report
In-Reply-To: <CALfZOuWvQq8Q4RT7ob-=2Z+u=qRuRw6WFh=_GD+DPhh_HURDnA@mail.gmail.com>
References: <CALfZOuWvQq8Q4RT7ob-=2Z+u=qRuRw6WFh=_GD+DPhh_HURDnA@mail.gmail.com>
Message-ID: <CAERx-0MaSQ5fsH9g=-cVLbNX6MfHjFb+qz6Mza+2wagnWNJf7w@mail.gmail.com>

Thanks for the report!

On Sat, Apr 2, 2022 at 12:37 PM John Bailey <rekkanoryo at rekkanoryo.org>
wrote:

> Board,
>
> Please find below my annual Treasurer's Report.  My schedule in April
> will prevent me from being able to organize and attend a board meeting
> during the month, however, I thought it would be useful to provide the
> report as usual.
>
> Treasurer's Report:
>
> Closing Balance as of December 31, 2020 was $24,727.55.
>
> Opening Balance as of January 1, 2021 was $24,727.55.
>
> Income:
>   * Amazon Smile: $40.07
>   * Google Summer of Code: $800.00
>   * Interest: $4.00
>   * Spreadshirt: $63.00
>   * Other donations: $562.19
>
>   Total Income: $1,469.26
>
> Expense:
>   * Development:
>     * Mac Mini reimbursement to John Bailey: $700.00
>     * Code Signing Certificate reimbursement to Gary Kramlich: $177.00
>   * Fees:
>     * Renewal of domains and purchase of pidginchat.com (Reimbursement
>       to John Bailey): $105.40
>   * Disbursement of Google Summer of Code Mentor Stipend to Gary
>     Kramlich: $800.00
>
>   Total Expense: $1,782.40
>
> Net change in money on hand for the year is a loss of $313.14.
>
> Closing Balance as of December 31, 2021 is $24,414.41, broken down as
> follows:
>   * Checking account: $1,500.00
>   * Paypal: $113.99
>   * Savings Account: $22,800.42
>
> Additional items to note--John made the following transfers:
>   * $2,500.00 from Paypal to Checking account
>   * $169.92 from Paypal to Checking account
>   * $146.10 from Paypal to Checking account
>   * $57.93 from Paypal to Checking account
>   * $53.00 from Paypal to Checking account
>   * $148.87 from Paypal to Checking account
>   * $5,000.00 from Checking account to Savings account
>   * $146.10 from Checking account to Savings account
>   * $57.93 from Checking account to Savings account
>   * $372.91 from Checking account to Savings account
>   * $518.90 from Checking account to Savings account
>   * $148.87 from Checking account to Savings account
>
> The above transfers were made to maintain the Paypal balance at $100.00
> and the Checking account balance at $1500.00
>
> As always, the GnuCash ledger and bank statements are available for
> examination by the Board and Officers upon request.  GnuCash files are
> available in Keybase in the IMF Officers group's files.
>
> 2022 So far...
>
> Opening Balance as of January 1, 2022 was $24,414.41.
>
> Income:
>   * Interest: $1.12
>   * Amazon Smile: $17.12
>   * Spreadshirt: $15.00
>   * Other Donations: $13.50
>
>   Total Income: $46.74
>
> Expense:
>   * Fees:
>     * Reimbursement to John Bailey for domain renewals (pidgin.im and
>       adium.im): $40.00
>
>   Total Expense: $40.00
>
> Current Balance: $24,421.15, broken down as follows:
>   * Paypal: $100.00
>   * Checking account: $1,475.00
>   * Savings account: $22,846.15
>
> Net change, "profit" of $6.74.
>
> Transactions:
>   * Transfer of $18.33 from Paypal to Checking account
>   * Transfer of $9.16 from Paypal to Checking account
>   * Transfer of $44.61 from Checking account to Savings account
>   * Transfer of $15.00 from Paypal to Checking account
>   * Reimbursement to John for domain renewals (pidgin.im and adium.im)
>
> The above transfers were made to keep the PayPal balance at $100 and
> the Checking account balance near $1,500.  This also helps maximize our
> interest income.
>
> Additional items to note:
>   * John sent 1099-NEC to Gary for the mentor stipend disbursement from
>     2021.  This had a deadline of January 31, which John met.
>   * John filed the forms with the IRS that went with Gary's 1099-NEC.
>     This had a deadline of January 31, which John met.
>   * John missed the filing deadline with Delaware and incurred a $200
>     penalty and $3 interest charge.  Deadline was March 31.  Total
>     expense for this is $228.  John directly filed with Delaware to
>     save $235 in additional filing fees from CT Corp.  This has not
>     been reimbursed to John yet due to it being over the $50 threshold.
>   * John will receive an invoice in July from CT Corp for approximately
>     $165.  This is the annual fee for their representation services,
>     which are required for us to remain a Delaware corporation.
>   * John renewed the pidgin.im and adium.im domains and reimbursed
>     himself for it due to the total expense being $40, which is under
>     the $50 threshold to require Board approval.
>
>
> Thanks,
> John
>
> _______________________________________________
> Board mailing list
> Board at imfreedom.org
> https://lists.imfreedom.org/listinfo/board
>


-- 

Matthew
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