SWGEmu half-year financial report

[Vlada]

SWGEmu half-year financial report

July, 2012
The SWGEmu Team

SWGEmu half-year financial report

December had a final PayPal account balance of $4,235.10. The cost of the NPO has been paid at $1,500 which left us with $2,735.10



January had 61 donations that resulted in a net amount of $1,129.49 after PayPal fees.

January had the following expenses:

• FDC for three dedicated servers = $898.00
• BurstNet for Windows virtual private server = $7.95
• Xzibition for IRC virtual private server = $8.76
• Accountant + Consultant for NPO = $300.00
• TOTAL EXPENSES = $1214.71

January had a total shortfall of $85.22 with a final PayPal account balance of $2,649.88



February had 62 donations that resulted in a net amount of $820.80 after PayPal fees.

February had the following expenses:

• FDC for three dedicated servers = $698.00
• BurstNet for Windows virtual private server = $7.95
• Xzibition for IRC virtual private server = $8.76
• Accountant + Consultant for NPO = $300.00
• TOTAL EXPENSES = $1014.71

February had a total shortfall of $193.91 with a final PayPal account balance of $2,455.97



March had 66 donations that resulted in a net amount of $1011.82 after PayPal fees.

March had the following expenses:

• FDC for three dedicated servers = $698.00
• BurstNet for Windows virtual private server = $7.95
• Xzibition for IRC virtual private server = $8.76
• Accountant + Consultant for NPO = $300.00
• TOTAL EXPENSES = $1014.71

March had a total shortfall of $2.89 with a final PayPal account balance of $2,453.08



April had 65 donations that resulted in a net amount of $1,185.47 after PayPal fees.

April had the following expenses:

• FDC for a dedicated servers = $698.00
• BurstNet for Windows virtual private server = $7.95
• Xzibition for IRC virtual private server = $8.76
• lomag.net for IRC virtual private server = $75.00
• Accountant + Consultant for NPO = $300.00
• TOTAL EXPENSES = $1089.71

April had a total excess of $95.76 with a final PayPal account balance of $2,548.84



May had 113 donations that resulted in a net amount of $1095.89 after PayPal fees.

May had the following expenses:

• FDC for a dedicated servers = $698.00
• BurstNet for Windows virtual private server = $7.95
• Xzibition for IRC virtual private server = $8.76
• Invision Power Services = $175.00
• Accountant + Consultant for NPO = $300.00
• TOTAL EXPENSES = $1189.71

May had a total shortfall of $93.82 with a final PayPal account balance of $2,455.02



June had 286 donations that resulted in a net amount of $4,682.17 after PayPal fees.

June had the following expenses:

• FDC for a dedicated servers = $698.00
• Hosting Services Inc for website and database server = $226.15
• BurstNet for Windows virtual private server = $7.95
• Accountant + Consultant for NPO = $300.00
• TOTAL EXPENSES = $1232.10

June had a total excess of $3,450.07 with a final PayPal account balance of $5,993.09




~ The SWGEmu Team

[HzGuderian]

Glad to see it picked up at the end there. And many thanks.

[4nic8r]

Couple questions here. Do we pay this accountant monthly now? Also, I heard that we have consolidated to one or two boxes. Does that reflect a lower bill through FDC?
Might be a good idea to update the monthly expenses on the donation meter, some people (me included) do/do not donate when it appears that the monthly bills have been met.

[Ham4478]

Thanks for the update

[Vlada]

Couple questions here. Do we pay this accountant monthly now? Also, I heard that we have consolidated to one or two boxes. Does that reflect a lower bill through FDC?
Might be a good idea to update the monthly expenses on the donation meter, some people (me included) do/do not donate when it appears that the monthly bills have been met.

We had to pay an accountant + consultant because of the NPO thing, it was a requirement i think. June was the last month we payed for an accountant though, from now own accountant services are going to be free. As for the second FDC box, TheAnswer and Oru decided to keep the second Denver box for backups/clustering stuff.


But yeah, we should probably change our monthly goals to reflect our costs more accurately (they should be between $1k and $1.1k atm) and maybe even consider implementing a monthly donation limit.

[Artemis-x-]

woah woah woah, wheres the recepts for cRush's hotpants?

[Iceship]

Thank goodness for calculators

Its great that the finances are doing well. I'd donate but at the time being i really can't :/

Keep up the great work Team SWGEmu!

[wraken]

woah woah woah, wheres the recepts for cRush's hotpants?

Vlada has it in his trollpants pocket =D

[Evil Cyborg 10]

Donations are going to flood Paypal when Sunchruser goes up!

[arween]

Good to see a almost balanced paypal account :-)

[4nic8r]

Thank you for answering my questions Vlada. Appreciate it.

[jecko]

Thanks for the update Vlada. Great to see the spike in donations in June. Clearly an acknowledgement of the awesomeness of the SWGEmu project by a much larger community!

[ultraMAX]

Alright June! Thanks for donating people, I will be joining the donation pool in the near future.

[Rodd]

Thanks for the update!

[demonolithic]

seems the monthly donation goal needs to be raised?

oh, and kudos to whomever negotiated that $200 off the server fee!