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author | 2018-04-17 21:16:05 +0200 | |
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committer | 2018-04-17 21:16:05 +0200 | |
commit | 7185c2dcbb548baf6b8086e955b3d8145a6dc621 (patch) | |
tree | c26229320c15b4962d0c8d909c2d06db3e157f70 | |
parent | law: need to know US IRS non-profit tax law specifically (diff) | |
download | financials-rfp-7185c2dcbb548baf6b8086e955b3d8145a6dc621.tar.gz financials-rfp-7185c2dcbb548baf6b8086e955b3d8145a6dc621.tar.bz2 financials-rfp-7185c2dcbb548baf6b8086e955b3d8145a6dc621.zip |
main: Add contact point, write a bit about reconstructing FY reports
-rw-r--r-- | main.tex | 8 |
1 files changed, 6 insertions, 2 deletions
@@ -100,6 +100,8 @@ The CPA did assist in creation of provisional set of financial statements for th The FY2005 data only contain 3.5 months of transactions, as the first bank account was opened March 2005, nearly 10 months after the incorporation of the Foundation. The CPA also assisted in partially completing IRS Form 990 for FY2005, based on the FY2005 financial statements. +Best-effort Financial Reports have been reconstructed until FY2017 available at \ins{}. Depreciation expenses have been started, but less than 20\% of estimated transactions have been captured. + \subsection{Operations} \xcom{typical income sources are donations, sale (including royalties for) of Gentoo merchandise, including actual figures} @@ -109,7 +111,7 @@ First and foremost the Foundation wants to get in good standing with the IRS inc In order to ensure that accounting is properly handled going forwards it is also expected that accounting services will be outsourced along with advisory services on proper filings of necessary paperwork including tax-related matters. \subsection{Financial reporting} -\xcom{Produce annual reports to provide to the members of the Foundation} +Due to the reconstruction of historical data, a verification of the presented Financial Reports in final form is needed in order to have a confirmed view of the Foundation's finances. \subsection{Tooling} As the Foundation supports an open source distribution, no proprietary tools should be required of the Trustees or officers to fulfill necessary operations. @@ -123,7 +125,9 @@ The accounting firm should have a working knowledge of the following: \item Laws required for a New Mexico non-profit corporation \end{enumerate} -\xcom{Need to fill out more about the scope of the service} +\section{Contacting Gentoo Foundation} +Questions related to creating a proposal can be submitted by email to trustees@gentoo.org. This email address is also the contact point for any submission +of a proposal. \begin{thebibliography}{9} \bibitem{gentoo} \url{https://www.gentoo.org} |