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| author |   Robin H. Johnson <robbat2@gentoo.org> | 2018-04-10 17:24:08 -0700 |
|---|---|---|
| committer | Robin H. Johnson <robbat2@gentoo.org> | 2018-04-10 17:24:08 -0700 |
| commit | 082713e4a5aa29ef7238b605dbdd688af6ae31e8 (patch) | |
| tree | 2de9945aed3cc113d44f037e976f403e39024dd3 /main.tex | |
| parent | foundation: split addresses, add registered agent, add incorporation date. (diff) | |
| download | financials-rfp-082713e4a5aa29ef7238b605dbdd688af6ae31e8.tar.gz financials-rfp-082713e4a5aa29ef7238b605dbdd688af6ae31e8.tar.bz2 financials-rfp-082713e4a5aa29ef7238b605dbdd688af6ae31e8.zip | |
financial-status: current financial state & wrong earlier financial reports.
Signed-off-by: Robin H. Johnson <robbat2@gentoo.org>
Diffstat (limited to 'main.tex')
| -rw-r--r-- | main.tex | 4 |
1 files changed, 3 insertions, 1 deletions
@@ -84,7 +84,9 @@ The executive of the Foundation is comprised entirely of unpaid volunteers, brok \subsection{Current financial status} \label{sec:background} -The financial state of the Gentoo Foundation is itself in a decent state with no outstanding invoices and a cash on balance at the end of 2017 amounting to \ins{}, however no financial reports have been published by the Board of Trustees since 2012\cite{finrep}. +The financial state of the Gentoo Foundation is itself in a decent state with no outstanding invoices and a cash on balance at the end of FY2017 of approximately \$119K USD. + +No financial reports have been published by earlier Boards of Trustees since 2012\cite{finrep}, and there are well-founded concerns that the none of the original reports are entirely accurate. As a result of negligence of previous treasurers and trustees necessary paperwork has not been filed with federal tax authorities (henceforth \textbf{IRS}). |