summaryrefslogtreecommitdiff
diff options
context:
space:
mode:
authorRobin H. Johnson <robbat2@gentoo.org>2018-04-10 17:24:08 -0700
committerRobin H. Johnson <robbat2@gentoo.org>2018-04-10 17:24:08 -0700
commit082713e4a5aa29ef7238b605dbdd688af6ae31e8 (patch)
tree2de9945aed3cc113d44f037e976f403e39024dd3
parentfoundation: split addresses, add registered agent, add incorporation date. (diff)
downloadfinancials-rfp-082713e4a5aa29ef7238b605dbdd688af6ae31e8.tar.gz
financials-rfp-082713e4a5aa29ef7238b605dbdd688af6ae31e8.tar.bz2
financials-rfp-082713e4a5aa29ef7238b605dbdd688af6ae31e8.zip
financial-status: current financial state & wrong earlier financial reports.
Signed-off-by: Robin H. Johnson <robbat2@gentoo.org>
-rw-r--r--main.tex4
1 files changed, 3 insertions, 1 deletions
diff --git a/main.tex b/main.tex
index 67f2815..0d4ab93 100644
--- a/main.tex
+++ b/main.tex
@@ -84,7 +84,9 @@ The executive of the Foundation is comprised entirely of unpaid volunteers, brok
\subsection{Current financial status}
\label{sec:background}
-The financial state of the Gentoo Foundation is itself in a decent state with no outstanding invoices and a cash on balance at the end of 2017 amounting to \ins{}, however no financial reports have been published by the Board of Trustees since 2012\cite{finrep}.
+The financial state of the Gentoo Foundation is itself in a decent state with no outstanding invoices and a cash on balance at the end of FY2017 of approximately \$119K USD.
+
+No financial reports have been published by earlier Boards of Trustees since 2012\cite{finrep}, and there are well-founded concerns that the none of the original reports are entirely accurate.
As a result of negligence of previous treasurers and trustees necessary paperwork has not been filed with federal tax authorities (henceforth \textbf{IRS}).