>
> > Not sure exactly how Indiegogo operates, probably we can set some kind
> of upper limit on the funding. Or just tell people not to donate anymore or
> something, if it comes to that...
> > Or just hire the developer for a longer time - problem solved.
Yes, this can work so as long as a few things remain constant:
1. Quoted/contracted price is fixed
2. Contractor meets requirements and is paid in full at completion of
work
3. Work is actually completed
But this can be determined on the contract agreement. If the developer
works from estimates and bills hourly this idea falls apart. Most budgets
fall apart when they're fixed. The word "budget" actually means estimate
in nearly all contexts of the word, so we need to be mindful of that.
I'm not trying to make this bigger than it is, I just don't want the
liability of this money on my income/bank/paypal/etc.
As we stand right now, we've broken even between donations and expenses for
2014... And even if we had not.... If I'm in the red, that's great because
I can write off what I've spent as a donation. However, if that ratio is
in the black, I have to report it, or spend it on the project prior to the
fiscal year end (AFAIK).
So your statement about spending it on a developer remains true, we just
need someone willing to collect and spend and we need a plan for what to do
in the exceptional cases.
- [email protected]
On Wed, Jan 7, 2015 at 11:16 AM, Tres Finocchiaro <
[email protected]> wrote:
>
> On Jan 7, 2015 8:56 AM, "Dave French" <[email protected]> wrote:
> >
> > There's always something to spend money on. Not only development,
>
> People keep making these claims, but please offer examples. Our only
> annual expenses today are the gandi domain service. If we had an extra
> $5,000 USD (for example) what would we spend it on? Mac Minis for our
> development team? Who makes the determination?
>
> More money is generally a problem if we don't gave a clear plan as to what
> we will do with it. :)
>
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