You are totally right Adam, I'm sorry I did not notice these were cumulative values. Corrected table would look like this:
Total Income 10% of Total Income 2015 $9.028,56 $902,86 2014 $49.622,18 $4.962,22 2013 $49.229,19 $4.922,92 2012 $208,26 $1.908,27 *Total* *$108.088,19* *$12.696,26* Also made the correction on the spread sheet and projected annual budget. I´m attaching the corrected file. Sorry again and best regards, Laura V 2016-05-11 23:58 GMT+08:00 Adam Holt <h...@laptop.org>: > On May 11, 2016 11:19 AM, "Laura Vargas" <la...@somosazucar.org> wrote: > > > > 2016-05-08 0:20 GMT+08:00 Adam Holt <h...@laptop.org>: > >> > >> On Sat, May 7, 2016 at 8:47 AM, Chris Leonard <cjlhomeaddr...@gmail.com> > wrote: > >>> > >>> On Sat, May 7, 2016 at 11:23 AM, Chris Leonard < > cjlhomeaddr...@gmail.com> wrote: > >>> > On Sat, May 7, 2016 at 10:12 AM, Adam Holt <h...@laptop.org> wrote: > >>> > > >>> > ... > >>> > > >>> >> In other words that SL's effective payment to SFConservancy (for > >>> >> legal/financial/administrative service) is equal to 10% of all > expenditures > >>> >> (outlays) each fiscal year, i.e. March 1st to end of February. > >>> >> > >>> >> (But someone else can correct me if I'm wrong!) > >>> > > >>> > I think you are wrong, but I am still looking for the proof. It is > my > >>> > understanding that SFC takes 10% of incoming donations only, not a > 10% > >>> > cut of all transactions (inbound and outbound). > >>> > > >>> > That is what is described in their template Fiscal Sponsorship > Agreement. > >>> > > >>> > http://sfconservancy.org/docs/sponsorship-agreement-template.pdf > >>> > > >>> > "Fees. > >>> > The FIXME-SIGNATORIES agree to donate ten percent (10%) of the > >>> > Project's gross revenue (including, but not necessarily limited to, > >>> > all income and donations) to Conservancy for its general operations." > >>> > > >>> > I'm looking for an executed copy of the current SugarLabs-SFC FSA to > >>> > confirm, unfortunately the wiki version looks at variance with the > >>> > template, but as a wiki page, it has no "official" status. > >>> > > >>> > https://wiki.sugarlabs.org/go/Sugar_Labs/SFC_Fiscal_Agreement > >>> > > >>> > cjl > >>> > >>> > >>> Adam, > >>> > >>> As SFC contact, could you please confirm that this 2012 version of the > >>> Amended FSA is the currently effective agreement? > >> > >> > >> There no reason to believe otherwise. This agreement is what stands > unless you have information that nobody else has :-) > >> > >>> Note, it shows the 10% cut of revenue, no transaction fees. > >> > >> > >> 10% of initial capital too? Sorry am traveling non-stop for the coming > days, but someone should read the agreement (attached by CJL, Thanks!!) > carefully please if they have time this weekend please. > >> > > > > According to the agreement, the Project agreed to donate ten percent > (10%) of its gross revenue (including, but not necessarily > > limited to, all income and donations) to Conservancy for its general > operations. > > > > Still, there must be a mistake or some additional terms or additions > made to this agreement, because there is a large difference (US$20.494,29) > between what the Project should have donated to SFC and what has been > actually donated for the past 3 years (according to the numbers published > early this year); > > Laura, > > I think you are misinterpreting https://wiki.sugarlabs.org/go/Finance > > When it says "Donated To [Software Freedom] Conservancy" that implies a > cumulative total over the years, just like every other line-item in those > lower paragraphs, for each financial year. > > In conclusion your table appears to be (accidentally) greatly exaggerating > the amounts being paid (held for) SFConservancy, so you may want issue a > corrected version. > > Regards- > Adam > > > Total Income > > 10% of Total Income > > Donated To SFC > > Difference > > > > > > > > > > > > 2015 > > $9.028,56 > > $902,86 > > $12.683,40 > > ($11.780,54) > > 2014 > > $49.622,18 > > $4.962,22 > > $11.780,54 > > ($6.818,32) > > 2013 > > $49.229,19 > > $4.922,92 > > $6.818,34 > > ($1.895,42) > > > > > > > > > > > > Total > > $107.879,93 > > $10.787,99 > > $31.282,28 > > ($20.494,29) > > > > > >> Then if there are outstanding questions accumulating, I can collect > those and communicate those questions to SFConservancy intermittently, if > we as a community have done our own homework first, Thanks! > > > > > > Adam, > > > > I would recommend to dig deeper into this point with the Conservancy so > we can clarify the numbers. > > > > Thanks in advance, > > laura v > > > >> > >>> > >>> cjl > >> > >> > >> -- > >> Unsung Heroes of OLPC, interviewed live @ http://unleashkids.org ! > >> > >> _______________________________________________ > >> IAEP -- It's An Education Project (not a laptop project!) > >> IAEP@lists.sugarlabs.org > >> http://lists.sugarlabs.org/listinfo/iaep > > > > > > > > > > -- > > Laura V. > > I&D SomosAZUCAR.Org > > > > Identi.ca/Skype acaire > > IRC kaametza > > > > Happy Learning! > > > -- Laura V. I&D SomosAZUCAR.Org IRC kaametza Happy Learning!
Financials SL 2016.ods
Description: application/vnd.oasis.opendocument.spreadsheet
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