aKademy Funding

Gregory Meyer, CPA greg at btcincny.com
Wed Jun 18 14:52:43 CEST 2008


On Tue, Jun 17, 2008 at 7:19 PM, Leo Franchi <lfranchi at kde.org> wrote:

>
> So after doing a few (very) quick back-of-the-envelope calculations,
> the following is what i get:
>
> If we assume
>
> a) everyone who has applied for funding from the e.V. gets 80% of
> travel covered
> b) everyone gets reimbursed/fronted what they asked for
> c) no one else who is not on the wiki page gets money
>
> the total bill is about 2000 EUR. (this is a *very* rough estimate).
> greg---what do our finances look like? is this reasonable? do we need
> to start prioritizing?
>
> Assuming that e.V. eventually sends the money to reimburse for Ian and Seb
(last I heard they were going to send the money last week, but nothing has
showed up yet), we have about $2,500.  But there is a difference between
total expense and cash flow, which was my original concern.  We can afford
$2,000, but if we need to advance people $4,000 until e.V. reimburses we'll
be short.

So the answer to your question is yes and no :p

--
Greg
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