Financial Transparency

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

Income

Enspiral Foundation income comes from both Ventures and Contributors

Venture contributions:

$ From
500 EDA
170 Fairground
200 Loomio
40 ActionStation
150 Optimi
200 EXP
350 Root Systems
250 Golden Pandas
1000 Blackwood Systems

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:

$ source
2860 ventures
2683 contributors *
5224 total

Expenses

Expenses we have collectively agreed to fund on an ongoing basis.

$ thing
2167 Enspiral Ops (scope)
140 General Expenses (bank fees, company registration, accounting etc.)
493 SaaS
2800 total

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

$8,114

Emergency Fund

Amount set aside by the Board of Directors

$10,135

Normal Reserves

Spending these funds is a decision of the Enspiral Members

$28,009 in reserves

Foundation Cobudget

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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