Note: This page is accurate as of June 2018
How money works at Enspiral is determined by the Financial Agreement. This page is to provide information and transparency about our financial situation.
Income and Expenses
Enspiral Foundation income comes from both Ventures and Contributors
Contributors pay a variable weekly, monthly or annual subscription fee; this is currently being set up. * The Contributor amount below is a current monthly amount based on 42 Subscriptions on the new model.
So Foundation monthly income is:
Expenses we have collectively agreed to fund on an ongoing basis.
|2167||Enspiral Ops (scope)|
|140||General Expenses (bank fees, company registration, accounting etc.)|
Money we have
*(Contributors only: check out the Enspiral Foundation Financials Loomio Discussion for the latest discussion and information.)
Invoices & Expenses
*Normal cashflow account where bills are paid and sales invoice income first enter Foundation's bank account
Amount set aside by the Board of Directors
Spending these funds is a decision of the Enspiral Members
$28,009 in reserves
This is money that has been allocated in the foundation cobudget system but has not been spent. We're considering what we want to do about all this money as it is continuing to increase.
$6,992 in Foundation Cobudget
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