Treasury Report for the Board of Directors Meeting, July 12, 2011.
Income: No new income has been received since the last meeting of the
Board of Directors.
Anticipated Income: The Treasurer is seeking a cash grant from the
Wikimedia Foundation, Inc. for about $100,000 for the purposes of
conducting the Wikimania 2012 conference. Part of this grant will be
used to fund current and anticipated liabilities as detailed below.
Expenses: No monies have been drawn from the Treasury since the last
meeting of the Board of Directors.
Assets: The Treasury currently holds $180.00 in cash: $80.00 from
membership dues, and a $100.00 cash advance.
Current Liabilities: The Treasury has received adequate documentation
from Robert Platt indicating that he is owed $178.58 for services
rendered to the Corporation, and an expense claim has been prepared.
These services include paying the District of Columbia incorporation
fee ($77.00), photocopying fees for copying the DCRA receipt and the
Articles of Incorporation ($1.58), and the Wachovia Bank initial
deposit ($100.00). The Treasurer requests the Board to authorize a
payment of $178.58 to Mr. Platt, given the current lack of
authorization. Further, the Treasurer has prepared an expense claim
for expenses pertaining to the corporate PO Box, which he opened with
$102.00 of his own money. While the Board on May 28 of this year
approved an expenditure of up to $110 per year for the PO Box, in
keeping with a general principle of avoiding conflicts of interest,
the Treasurer requests that the President receive the expense claim on
the Treasurer's behalf. Our current liabilities total $280.58.
Anticipated Liabilities: Most of the expenses the Corporation will
incur by the end of the fiscal year will be administrative expenses.
The Treasurer requests that the Board authorize compensation for the
following individuals:
-- Mr. Robert Platt up to $760 upon the receipt of adequate
documentation for the IRS Form 1023 (Application for IRS non-profit
determination) user fee and associated expenses.
-- Mr. Kirill Lokshin up to $450 upont the receipt of adequate
documentation for the hiring of a District of Columbia registered
agent, the District of Columbia charitable solicitation license fee,
and associated expenses.
The exact expenses incurred will be reported at the next Board meeting.
Request: The Treasurer requests that up to $45 be allocated for the
purchase of checks to aid the Treasurer in carrying out his tasks.
PO Box: The Treasurer was authorized to open a PO Box on the
Corporation's behalf. The box was opened at the Friendship Post
Office, 4005 Wisconsin Avenue NW in Washington, D.C. The address is:
PO Box 9822, Washington, DC 20016.
2011/7/11 Kirill Lokshin <kirill.lokshin(a)gmail.com>om>:
All,
As noted earlier, we will be holding a meeting of the Board of Directors at
7:00 PM on Tuesday, July 12, 2011. The meeting will be held at Panera
Bread, located at 4459 Willard Avenue, Chevy Chase, MD; the meeting can also
be attended via conference call, at 916-209-4534, PIN # 7328117.
The order of business for the meeting is attached.
As usual, everyone is welcome to attend the meeting; please let me know if
you're planning on attending in person so that we can select an adequate
space.
Thanks,
Kirill
--
Kirill Lokshin, Secretary
Wiki Society of Washington, DC Inc.
http://wikidc.org
_______________________________________________
Wikimedia-DC mailing list
Wikimedia-DC(a)lists.wikimedia.org
https://lists.wikimedia.org/mailman/listinfo/wikimedia-dc