As discussed in the past, we are posting financial updates for each year, so that the contributors know where their contributions go. This is the 2020 financial summary.
We have a good amount of funds available to us. Right now our account has 8,847.84 USD. As you can see in Open Collective we have been very frugal with the funds, and only used it for certain services or sponsoring certain activities.
2020 has been an interesting year for most of us, with the lock downs, people losing their jobs etc. The focus shifted from Open Source code to our families mostly, to get through these times.
2020 was the first time members of the team received some funds as financial aid for their contributions. Each of the 4 core members at the time received 2,000 USD.
We have also invested a bit over $2,000.00 USD for Anton’s new computer, which will be used primarily in development as well as streaming/video producing. Our intention in 2021 is to increase our streams and videos to better help the community
For the information below, net income reflects the money that are available for the project, while collected reflects the money that has been paid by contributors. The difference is to cover the fees of Open Collective as well as Credit Card processors etc.
All amounts are in USD.
|2020-04-27||Compensation||475.00||Storage for Serghei|
|2020-12-07||Infrastructure||2050.00||Stream PC parts|
As always, a huge thank you to all of our contributors, financial or other. Your contributions help this project move forward!
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