Note: This page is accurate as of September 2018
How money works at Enspiral is determined by the Financial Agreement. This page is to provide information and transparency about our financial situation.
Enspiral Foundation income comes from both Ventures and Contributors
Venture contributions to Core:
Contributors pay a variable weekly, monthly or annual subscription fee. * The Contributor amount below is a current monthly amount based on 102 Subscriptions on the new model.
So Foundation monthly income to Core is:
Expenses we have collectively agreed to fund on an ongoing basis.
Enspiral Ops (scope)
General Expenses (bank fees, company registration, accounting etc.)
*(Contributors only: check out the Enspiral Foundation Financials Loomio Discussion for the latest discussion and information.)
*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
$28,080 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.
Venture monthly contributions to Cobudget:
$10,352 in Foundation Cobudget