[theforum] Bits from the Finance Front
Jon Molesa
rjmolesa at consoltec.net
Mon Jan 5 23:15:43 CST 2009
I'm sorry to hear it. I'm still available and willing to help with
server/database/code related tasks. I'm specifically interested in
helping with the migration.
*On Mon, Jan 05, 2009 at 11:53:00PM -0500 David Kaufman <david at gigawatt.com> wrote:
> Date: Mon, 5 Jan 2009 23:53:00 -0500
> From: David Kaufman <david at gigawatt.com>
> Subject: [theforum] Bits from the Finance Front
> To: theforum <theforum at lists.evolt.org>,
> sysadmin <sysadmin at lists.evolt.org>,
> finance <finance at lists.evolt.org>
> X-Mailer: Microsoft Outlook Express 6.00.2900.3264
>
> As of today, after this month's hosting bill from The Planet ($113.84 for
> both the old server and the new one) was drafted from the checking account,
> the account no longer has sufficient funds to cover next month's hosting,
> and evolt will have to begin transferring money from PayPal to cover its
> hosting fees.
>
> This sounds worse than it is -- For the whole time (going on 5 years?) that
> I've been treasurer the checking account has always had a relatively low
> balance (a couple hundred dollars) while the PayPal has always had one to
> two thousand dollars in it.
>
> So the end is *not* near -- we could do that, as previously noted, for a
> couple years if need be -- but the tide has certainly turned. Since I
> became treasurer, evolt has never needed to take "donation money" out of
> the PayPal account to pay recurring expenses. It's been done just once
> iirc, for the initial $300+ of setup fees when we first moved to the
> Planet. The PayPal account, to me, has always been evolt's nest egg.
> First Cafepress, and then Google AdSense, have always wired funds directly
> into the checking account, and there has always been just about the right
> amount of revenue to pay ongoing expenses. And so the checking account has
> always had a couple hundred bucks in it -- never much more, and never much
> less.
>
> Having to make this transfer also feels bad to me, because it's like
> crossing a line, like spending other people's money. The Cafepress account
> and the Google AdSense account were setup on my watch, as was the IRS
> taxpayer ID and then, with it, the checking account. As a result I feel
> comfortable managing these accounts. But the PayPal nest-egg was handed
> over to me, in an act of trust. It was not *earned* by the sales and
> advertising revenue streams I helped to create -- it contains the
> hard-earned cash money donated by the members of our community, most of
> whom donated it during a donation drive whose purpose was to prevent
> evolt's imminent demise, and many of whom still continue to contribute,
> some even doing so with a monthly automated payment. And so I find myself
> reluctant to spend a dime of that, if it can be avoided.
>
> So, anyway. Emotional milestones aside...
>
> We do need to complete our server migration in as few more billing months
> as possible, so we can decommission the old trusty tempest server, and cut
> our burn rate by 60 percent:
>
> 1. tempest/old/production ......... $69.00
> 2. tron/new/development ........... $44.84
> ------------------------------------------
> Currently unsustainable Burn Rate: $113.84
>
> My hope is that reducing this bill to under $45 a month, plus maybe making
> just a one-time "stimulus" transfer (or "bailout" or "rescue", whichever
> euphemism you prefer) of a couple hundred dollars from PayPal to Checking
> will get us over this migration hump, without evolt having to start dipping
> into it's nest egg a little bit each month, just to make the rent.
>
> thanks!
>
> -dave
>
>
>
>
>
> --
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>
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--
Jon Molesa
GPG ID: DAA35239
Owner - Consoltec
rjmolesa at consoltec.net
http://www.consoltec.net
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