SoylentNews

This is a quick blurb about our financials last year and looking forward.

Last year we comfortably paid expenses and reduced our server costs. We ended up paying more for tax prep than originally was estimated, but we exceeded our funding goals by enough to afford that with a little breathing room. I'm optimistic this year will be similar, if not better overall; I believe that tax-costs will be lower, and we have no large expenses planned. Here is a rough breakdown of where the money is going:

• 54% Hosting/Backups/Domains
• 37% Taxes/Accounting
• 9% Administrative/Other

It's obviously frustrating that such a large amount of where we spend money is on taxes, but we should see that number come down as we mature.

Moving forward I'll be estimating all expected costs on a yearly basis, and then still continuing with goals on a half-year funding periods; this should make things more consistent and easier to understand. As usual I'll link to the current funding breakdown on the wiki from the beg-o-meter. My estimate is that we will spend about $6,000 this year, so that puts the beg-o-meter at $3,000 for each half. Thanks again for all of the support we receive that keeps this such a cool community for everyone.