Difference between revisions of "Finances"

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(Changed incorrect references to Calendar Year to refer to Fiscal Year)
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Though all the day-to-day operations are completely handled by our volunteer staff in an ad-hoc nature, our official business entity [[SoylentNews_PBC|SoylentNews PBC]] technically makes financial decisions through the [[SoylentNews_PBC_Board_of_Directors|Board of Directors]] with their goal being the preservation of the 'public benefit' that this site entails.
 
Though all the day-to-day operations are completely handled by our volunteer staff in an ad-hoc nature, our official business entity [[SoylentNews_PBC|SoylentNews PBC]] technically makes financial decisions through the [[SoylentNews_PBC_Board_of_Directors|Board of Directors]] with their goal being the preservation of the 'public benefit' that this site entails.
  
SoylentNews' operates on a fiscal year rather than a calendar year.  We received word on July 4, 2014 that our articles of incorporation [https://soylentnews.org/article.pl?sid=14/07/04/2326238 had been accepted and signed off]. Our first fiscal year (2014) ran from July 1, 2014 through June 30, 2015.
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SoylentNews operates on a fiscal year rather than a calendar year.  We received word on July 4, 2014 that our articles of incorporation [https://soylentnews.org/article.pl?sid=14/07/04/2326238 had been accepted and signed off]. Our first fiscal year (2014) ran from July 1, 2014 through June 30, 2015.
  
 
Below, for each ''Fiscal Year'' is a ''Profit and Loss Statement'' and a ''Balance Sheet'' for SoylentNews Public Benefit Corp:
 
Below, for each ''Fiscal Year'' is a ''Profit and Loss Statement'' and a ''Balance Sheet'' for SoylentNews Public Benefit Corp:

Revision as of 20:30, 7 March 2020

Though all the day-to-day operations are completely handled by our volunteer staff in an ad-hoc nature, our official business entity SoylentNews PBC technically makes financial decisions through the Board of Directors with their goal being the preservation of the 'public benefit' that this site entails.

SoylentNews operates on a fiscal year rather than a calendar year. We received word on July 4, 2014 that our articles of incorporation had been accepted and signed off. Our first fiscal year (2014) ran from July 1, 2014 through June 30, 2015.

Below, for each Fiscal Year is a Profit and Loss Statement and a Balance Sheet for SoylentNews Public Benefit Corp:


Fiscal Year Balance Sheet Profit and Loss Statement
2014 File:SoylentNews PBC 2014 BS.pdf File:SoylentNews PBC 2014 PL.pdf
2015 File:SoylentNews PBC 2015 BS.pdf File:SoylentNews PBC 2015 PL.pdf
2016 File:SoylentNews PBC 2016 BS.pdf File:SoylentNews PBC 2016 PL.pdf
2017 File:SoylentNews PBC 2017 BS.pdf File:SoylentNews PBC 2017 PL.pdf
2018 File:SoylentNews PBC 2018 BS.pdf File:SoylentNews PBC 2018 PL.pdf

Below is a list of all of the funding goals that we have had to date with an explanation of the breakdown of each:

Discussion of future spending outside the realm of hosting/domains/taxes can be found on the Proposed Spending page.