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--- governance:financials:update_2019_05_16 [2019/05/16 10:01] – created gmcharlton
+++ governance:financials:update_2019_05_16 [2019/05/16 10:22] – gmcharlton
@@ Line 1: / Line 1: @@
+====== Narrative ======
+  * At the previous EOB/EP Board meeting, Galen Charlton was elected treasurer.
+  * On 2019-05-14 a checking account for The Evergreen Project was opened with Wells Fargo
+    * Currently Galen Charlton is the signatory. Secretary Chris Sharp will be added as a signatory next week, and arrangements will be made to add Anna Goben and Jason Boyer
+    * As of 2019-05-16, Wells Fargo is continuing its post-account-creation verification. They have a question about the address of MOBIUS as our agent; Galen is working on the issue
+  * On 2019-05-15 an invoice in the name of The Evergreen Project was sent by Galen to SFC. This invoice replaces one previously sent by MOBIUS (which SFC did not accept).
+  * We will need to figure out with MOBIUS the best way for them to continue to manage funds at the direction of the Evergreen Project, either by adding a MOBIUS staff member as a signatory or by retaining the Commerce checking account for holding working funds.
+  * MOBIUS will be submitting an invoice to The Evergreen Project for professional services.
+  * The bill from the Valley Forge Casino and Resort was paid on 5/10/2019.
+====== Accounts held by MOBIUS ======
+  * {{ :governance:financials:evergreen_project_-_balance_sheet_2019-05-16.pdf |Balance sheet - 2019-05-16}}
+  * {{ :governance:financials:evergreen_project_-_profit_and_loss_2019-05-16.pdf |Profit and loss statement - 2019-05-16}}
+  * Estimated balance of Commerce checking account: $12,968.28
+  * Current accounts receivable: $20,000.00
+====== Accounts with Software Freedom Conservancy ======
 When reading these summaries, note that positive amounts represent **expenses** while negative amounts represent **income**.  Consequently, the amount $-51,481.95 in the overall summary means that Evergreen has a credit of $51,481.95 in our account with Conservancy.
-====== Summary - Evergreen Project ======
+===== Summary - Evergreen Project =====
 <code>
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 //Generated using ''ledger -f evergreen.ledger -V -d  "T&l<=5"   bal '/^(Income|Expenses|Unearned Income):Evergreen/'''//
-====== Summary - Evergreen 2019 Conference ======
+===== Summary - Evergreen 2019 Conference =====
 <code>
@@ Line 60: / Line 80: @@
 //Generated using ''ledger -f evergreen.ledger -V bal tag Program='Evergreen:Conferences:2019' and '/^(Income|Expenses|Unearned Income):Evergreen/'''//
-====== Summary - Evergreen 2018 Conference ======
+===== Summary - Evergreen 2018 Conference =====
 <code>
@@ Line 91: / Line 111: @@
 //Generated using ''ledger -f evergreen.ledger -V bal tag Program='Evergreen:Conferences:2018' and '/^(Income|Expenses|Unearned Income):Evergreen/'''//
-====== Summary - Evergreen 2017 Conference ======
+===== Summary - Evergreen 2017 Conference =====
 <code>
@@ Line 115: / Line 135: @@
-====== Summary - Evergreen Donations to the Software Freedom Conservancy ======
+===== Summary - Evergreen Donations to the Software Freedom Conservancy =====
 <code>
@@ Line 128: / Line 148: @@
 //Generated using ''ledger -f evergreen.ledger -V -d  "T&l<=5"   bal '/^(Income|Expenses|Unearned Income):Conservancy/'''//
-====== Summary of changes ======
+===== Summary of changes =====
 Since the [[governance:financials:update_2019_01_17|previous report]], the ledger reflects no substantive changes.