Difference between revisions of "Finance"

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(Created page with "==One way to view monthly finances== *Revenues **recurring ***member dues ***community donations **one time ***grants ***events **programs (ongoing) ***sudomate ***subiir ***l...")
 
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==Summary==
Sudo Room’s income is collected through a Stripe API implemented through a custom web application called Sudo-Humans ([https://github.com/sudoroom/sudo-humans|GitHub link]). This money passes into a bank account held by Omni Commons and banked with the Unified Financial Credit Union. Sudo Room’s obligations to Omni Commons are $2000. This obligation is transferred on a monthly basis by one of the members of the Omni Commons Finance working group.
==One way to view monthly finances==
==One way to view monthly finances==
[[File:Sudo-fund.jpg|500px|right|finance cycle infographic]]
*Revenues
*Revenues
**recurring
**recurring
Line 32: Line 36:
**Maintenance (capital improvements)
**Maintenance (capital improvements)
**Investments
**Investments
===Procedure===
#Monthly Procedure
##Total revenue subtract fixed costs
##If operations not full, top it off.
##x_0 % to rainy day
##fund programs
##fund projects
##x_1, x_2, x_3 %'s split into remaining funds


*Monthly Procedure
==See also==
**Total revenue subtract fixed costs
*[[Tax history]]
**If operations not full, top it off.
**x_0 % to rainy day
**fund programs
**fund projects
**x_1, x_2, x_3 %'s split into remaining funds

Revision as of 19:55, 28 September 2022

Summary

Sudo Room’s income is collected through a Stripe API implemented through a custom web application called Sudo-Humans (link). This money passes into a bank account held by Omni Commons and banked with the Unified Financial Credit Union. Sudo Room’s obligations to Omni Commons are $2000. This obligation is transferred on a monthly basis by one of the members of the Omni Commons Finance working group.

One way to view monthly finances

finance cycle infographic
  • Revenues
    • recurring
      • member dues
      • community donations
    • one time
      • grants
      • events
    • programs (ongoing)
      • sudomate
      • subiir
      • lockers
      • mesh
    • projects (has an end)
      • sudouino
      • tshirts
  • Expenses
    • Fixed
      • rent
      • utils
      • internet
      • garbage
    • Variable
      • permits and legal
      • event support
    • Internal granting
      • Programs (ongoing)
      • Projects
  • Funds
    • Rainy day
    • Operations (month to month variable costs)
    • Maintenance (capital improvements)
    • Investments

Procedure

  1. Monthly Procedure
    1. Total revenue subtract fixed costs
    2. If operations not full, top it off.
    3. x_0 % to rainy day
    4. fund programs
    5. fund projects
    6. x_1, x_2, x_3 %'s split into remaining funds

See also