[Ofa_boardplus] November and December Treasurer's Report

[Jim Ryan]

This unusual double report was necessitated because the Linux Foundation
failed to send the November financial report and I failed to notice. When I
tried to produce the December report I saw my error, hence this unusual
report.

As always, comments/questions welcome

thanks, Jim, Treasurer
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November Treasurer’s Report



Cash position increased to $202,643. Accumulated surplus decreased again to
$134,524.



Net income was a loss of $6,312, less than last month. Net income YTD is a
loss of $97,431, against a full-year revised planned loss of $119,660.



Executive Director charges continue to be below budget, YTD, and heading
lower due to a voluntary reduction in fees and reduced hours.



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



Thanks, Jim, Treasurer

 .

.

.

December Treasurer’s Report



Cash position decreased slightly to $195,165. Accumulated surplus decreased
again slightly to $128,700.



Net income was a loss of $5,825, less than last month. Net income YTD is a
loss of $103,256, against a full-year revised planned loss of $119,660.



Executive Director charges ended the year being below budget, 90%, due to a
voluntary reduction in fees and reduced hours.



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



Thanks, Jim, Treasurer
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