[Ofa_boardplus] Treasurer's Report for January

Jim Ryan jimdryan at gmail.com
Thu Feb 25 11:32:14 PST 2021


The report from the Linux Foundation was late, not received until today.



Cash position increased slightly to $207,456. Accumulated surplus decreased
again slightly to $119,503.



Net income was a loss of $7,511, more than last month.



Executive Director charges were almost 40% over budget because of
significant time required to manage the TPC. Legal charges were about
two-thirds of the annual budget because of time required to provide support
for our Bylaws and IPR work



Comments/questions are more than welcome. I’ll send the actual report to
anyone who wants to see it.



Thanks, Jim, Treasurer
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