Address the remaining concerns regarding the foundation activities

1 files changed, 6 insertions, 3 deletions

diff --git a/main.tex b/main.tex
index 303879a..3f38d29 100644
--- a/main.tex
+++ b/main.tex
@@ -90,7 +90,7 @@ No financial reports have been published by earlier Boards of Trustees since 201
 
 As a result of negligence of previous treasurers and trustees necessary paperwork has not been filed with federal tax authorities (henceforth \textbf{IRS}).
 
-A recent treasurer\xcom{Refer by name?} has taken responsibility for cleaning up the historical baggage and performed a massive job of going through historical transactions and recreated a full ledger of transactions.
+A recent treasurer has taken responsibility for cleaning up the historical baggage and performed a massive job of going through historical transactions and recreated a full ledger of transactions.
 The recent treasurer is not a trained accountant or book-keeper, and the work has been taken on a best-effort basis.
 The data of the reconstructed ledger is kept in a format for the open source tool book-keeping tool Ledger\cite{ledger01}.
 Data can easily be exported from this tool and direct knowledge from accountants are not necessary in order to access the books as the current treasurer is available to support the efforts and data can be exported based on the needs of the accountant.
@@ -100,10 +100,12 @@ The CPA did assist in creation of provisional set of financial statements for th
 The FY2005 data only contain 3.5 months of transactions, as the first bank account was opened March 2005, nearly 10 months after the incorporation of the Foundation.
 The CPA also assisted in partially completing IRS Form 990 for FY2005, based on the FY2005 financial statements.
 
-Best-effort Financial Reports have been reconstructed until FY2017 available at \ins{}. Depreciation expenses have been started, but less than 20\% of estimated transactions have been captured.
+Best-effort Financial Reports have been reconstructed until FY2018 available at \cite{gentoo:finances}. Depreciation expenses have been started, but less than 20\% of estimated transactions have been captured.
 
 \subsection{Operations}
-\xcom{typical income sources are donations, sale (including royalties for) of Gentoo merchandise, including actual figures}
+The main income source is donations (23.162,01\$), followed by our participantion in the Google Summer of Code program (4,700\$), interest of current accounts (483.64\$) and sale (including royalties for) of Gentoo merchandise (254.50\$).
+
+This income is used to fund the Gentoo Project activities, including purchases of infrastructure and marketing material; sponsoring projects related to Gentoo's activities; and sustaining the foundation's own operational expenses.
 
 \section{Scope of service}
 \label{sec:seek}
@@ -135,5 +137,6 @@ of a proposal.
 	\bibitem{gentoo:foundation:registration} \url{https://portal.sos.state.nm.us/BFS/online/CorporationBusinessSearch/CorporationBusinessInformation?businessID=214657&previouspage=DB} (access to site restricted for non-US locations)
 	\bibitem{finrep} \url{https://wiki.gentoo.org/wiki/Foundation:Financial_Reports}
 	\bibitem{ledger01} \url{https://www.ledger-cli.org/index.html}
+	\bibitem{gentoo:finances} \url{https://wiki.gentoo.org/wiki/Foundation:Financial_Reports}
 \end{thebibliography}
 \end{document}