Treasurer's report for Feburary

[Josh Berkus]

For the upcoming March meeting:

Income Report
--------------
As of 2/28/07.  Note that these figures are NOT yet verified by our CPA.  

      name       | expenses | income |   net    | balance
-----------------+----------+--------+----------+----------
 Debian          |  2282.81 | 784.28 | -1498.53 | 97742.00
 Drupal          |          |        |          |  6650.00
 Freedesktop.org |          |        |          |  1900.00
 Gallery         |          | 144.78 |   144.78 |   783.42
 OVF             |          |  90.49 |    90.49 |    23.91
 PostgreSQL      |          | 135.82 |   135.82 | 21801.48
 SPI 5%          |     0.00 |  61.02 |    61.02 | 11423.45
 SPI General     |   395.93 |  54.77 |  -341.16 |  1770.65

Notes: Balance includes all accumulated funds to date, except for 
securities interest income for 2006 which is not yet accounted.  This 
report counts donation dates slightly differently from the required IRS 
rules and thus will differ slightly from our accounting reports.  Balance 
forward from 2005 and earlier is assumed to be 100% Debian funds (see 
below).

Accounting Status
------------------
All 2006 donations and expenses are entered into the ad-hoc data entry 
system.  After some discussion with our accountant, these amounts will be 
imported into the accountant's proprietary system for preparation of our 
2006 taxes.  We will start fresh for 2007 with ledgerSMB; the Treasurer 
plans to pay a LedgerSMB developer to make this happen a little faster 
than it has been.

We have terminated our relationship with Mark's bookkeeping service, and 
they have forwarded copies of all of our files.

Tax/IRS Status
-------------------
The IRS requested additional information for our 2005 Form 990, namely a 
listing of donors over $5000.  I forwarded this information to them and 
have not heard back.  We need to start harassing them again about updating 
our address.

We have begun preparation of our 2006 taxes but because 2006 is not 
reconciled, we will probably file an extension.

I will have filed our New York registration by the board meeting.

Notes for the Board
------------------------
1) I have made the assumption that all balance forward from 2005 is Debian 
money.  Does anyone have any reason to believe that we are holding unspent 
funds for other organizations from 2005 or earlier?  Please speak up.

2) I will be putting forward a proposal for budget for LedgerSMB help.  
Item to follow.

3) Donor reports are being sent to the liasons.


-- 
--Josh

Josh Berkus
Treasurer
Software in the Public Interest, Inc.
treasurer at spi-inc.org