Board Meeting, April 11th, 2013

Board members present

  • Bdale Garbee (bdale) (President)
  • Joerg Jaspert (Ganneff) (Vice President)
  • Michael Schultheiss (schultmc) (Treasurer)
  • Jonathan McDowell (Noodles) (Secretary)
  • Clint Adams (Clint)
  • Robert Brockway (Solver)
  • Jimmy Kaplowitz (Hydroxide)
  • Martin Zobel-Helas (zobel)

Board members partially present

  • None

Board members absent with regrets

  • None

Board members absent

  • Joshua D. Drake (linuxpoet)

Board advisors present

  • None

Registered guests present

  • Luca Filipozzi (luca)

These are the minutes for the April 11th, 2013 SPI Board Meeting, held at 20:00 UTC in #spi on irc.spi-inc.org. LOG.

President's Report

Bdale had nothing to report.

Treasurer's report

This report uses a cash-based method of accounting, recording donations
when deposited (not when the check was written or received by us) and
recording expenses when sent or scheduled for payment (not when
incurred).

Income Statement
for the Period March 01, 2013 - March 31, 2013

 Income
   Ordinary Income
        0 A.D.                              40.00
        aptosid                             75.00
        Arch Linux                         402.00
        DebConf 13                       2,166.30
        Debian                           1,383.57
        FFmpeg                              40.00
        freedesktop.org                     45.00
        Gallery                             20.00
        Jenkins                            175.00
        LibreOffice                        197.00
        OpenWrt                             12.00
        PostgreSQL                       1,610.00
        SPI General                        270.00
        SPI 5%                             205.23
        The HeliOS Project                  83.00
        TideSDK                             12.00
        Tux4Kids                         5,000.00
        YafaRay                             10.00

        Total Ordinary Income           11,746.10
                                         --------

   Interest Income
        Key Bank Money Mkt Savings           0.61
        Chase BusinessClassic Checking       0.26
        Chase Bus Select High Yield Savings 36.23

        Total Interest Income               37.10
                                            -----

   Gross Income                         11,783.20
                                        ---------

 Expenses
  Ordinary Expenses

        0 A.D.
          Processing Fees             2.65
          SPI 5%                      2.00

          Total 0 A.D. Exp            4.65
                                      ----

       aptosid
         Processing Fees              3.47
         SPI 5%                       3.75

         Total aptosid Exp            7.22
                                      ----

        Arch Linux
          Processing Fees            16.56
          SPI 5%                     20.10

          Total Arch Linux Exp       36.66
                                     -----

        DebConf 13
          Processing Fees            87.41

          Total DC13 Exp             87.41
                                     -----

        Debian
          Debit Card Fee              3.00
          debian.gr renewal          27.11
          Processing Fees            52.98
          SPI 5%                     69.18
          Travel (GSoC Mentor
            Summit)                 934.69

          Total Debian Exp        1,086.96
                                  --------

        Drizzle
          Travel (GSoC Mentor
            Summit)               1,286.06

          Total Drizzle Exp       1,286.06
                                  --------

        FFmpeg
          Processing Fees             1.83
          SPI 5%                      2.00

          Total FFmpeg Exp            3.83
                                      ----

        freedesktop.org
          Processing Fees             2.21
          Server Maintenance        525.00
          SPI 5%                      2.25

          Total fd.o Exp            529.46
                                    ------

        Gallery
          Processing Fees             0.80
          SPI 5%                      1.00

          Total Gallery Exp           1.80
                                      ----

        Haskell
          Hosting Fees               53.60
          Travel (GSoC Mentor
            Summit)               1,059.42

          Total Haskell Exp       1,113.02
                                  --------

        Jenkins
          Processing Fees            8.05
          SPI 5%                     8.75

          Total Jenkins Exp         16.80
                                    -----

        LibreOffice 
          Legal Fees              4,607.40
          Processing Fees             9.16
          SPI 5%                      9.85
          Travel Reimbursement    1,805.27

          Total LibreOffice Exp   6,431.68
                                  --------

        OpenWrt
          Processing Fees             0.49
          SPI 5%                      0.60

          Total OpenWrt Exp           1.09
                                      ----

        PostgreSQL
          Expense reimbursement     817.99
          Processing Fees            64.87
          SPI 5%                     80.50

          Total PostgreSQL Exp      963.36
                                    ------

        SPI
          PaySimple Monthly Fee      29.95
          Transaction Fees           19.34

          Total SPI Exp              49.29
                                     -----

        The HeliOS Project
          Expense Reimbursement     341.00
          Processing Fees             4.37
          SPI 5%                      4.15

          Total HeliOS Exp          349.52
                                    ------

       TideSDK
         Processing Fees              0.62
         SPI 5%                       0.60

         Total TideSDK Exp            1.22
                                      ----

       YafaRay
         Processing Fees              0.75
         SPI 5%                       0.50

         Total YafaRay Exp            1.25
                                      ----

        Total Expenses           11,971.28
                                  --------

        Net Income                 (188.08)
                                   ========


Balance Sheet as of March 31, 2013

   ASSETS
     Current Assets
        Chase BusinessClassic Checking with Interest      11,075.26
        Chase Business Select High Yield Savings         208,561.97
        KeyBank Basic Business Checking                    1,083.73
        Key Business Reward Checking                      54,243.25
        Key Business Platinum Money Market Savings        36,033.16
        Key Express Checking                               5,015.76
        Ameriprise Cash Mgmt Acct                         13,406.15
        Debian Debit Card                                    275.00

     Total Current Assets                                329,694.28


   TOTAL ASSETS                                          329,694.28


   LIABILITIES & EQUITY

     General and current liabilities                           0.00

     Equity
        Reserves held in trust
           0 A.D. Earmark                        39.83
           aptosid Earmark                      181.06
           Arch Linux Earmark                 9,473.62
           Debian Earmark                    89,860.25
           DebConf 13 Earmark                21,524.04
           Drizzle                             (193.20)
           FFmpeg                               879.76
           Fluxbox                              995.00
           Freedesktop.org Earmark           21,002.36
           FreedomBox Foundation Earmark     20,618.33
           Gallery Earmark                    8,095.58
           GNU TeXmacs Earmark                  272.22
           Haskell Earmark                   10,865.57
           Jenkins Earmark                    9,823.39
           LibreOffice Earmark               28,770.19
           madwifi-project.org Earmark        1,494.90
           OpenVAS                               47.18
           OpenWrt                            2,792.54
           Open Voting Foundation Earmark       154.21
           OSUNIX                                 1.12
           Path64                                 9.87
           Plan 9 Earmark                     6,500.00
           PostgreSQL Earmark                20,283.90
           Privoxy Earmark                      698.15
           The HeliOS Project Earmark           747.02
           TideSDK Earmark                      275.65
           Tux4Kids Earmark                  13,788.85
           YafaRay Earmark                    4,883.13

        Total held in trust                              273,884.52

        General reserves                                  55,809.76

     Total Equity                                        329,694.28

   TOTAL LIABILITIES & EQUITY                            329,694.28

Michael indicated he had contacted a local bookkeeping firm about working with SPI but had not yet had a reply. Jimmy asked if we were on track with our 2012 tax year filing and Michael confirmed we were.

Secretary's report

Jonathan had nothing to report.

Outstanding minutes

Vote on Meeting Minutes for 14th March 2013:

Clint AdamsYes
Robert BrockwayYes
Bdale GarbeeYes
Jimmy KaplowitzYes
Joerg JaspertYes
Jonathan McDowellYes
Michael Schultheiss Yes
Martin Zobel-HelasYes

Motion passed with a vote of 8 yes, 0 missing.

Any other business

Bdale and Joerg were asked about their investigations into obtaining an intermediate SSL CA for SPI. Their overall verdict was that it was too little benefit for too much money for Their overall verdict was that it was too little benefit for too much money for SPI to get involved with being a proper CA at present. OFTC's immediate needs for an SSL certificate had been dealt with via the purchase of a specific cert.

Adjournment

The meeting was adjourned until Thursday, May 9th, 2013 at 20:00 UTC in #spi on irc.spi-inc.org.

Appendix A: Current Board Membership

Last electedNameRole
July 2010
Bdale GarbeePresident
July 2010
Joerg JaspertVice President
July 2012
Jonathan McDowellSecretary
July 2012
Michael SchultheissTreasurer
July 2010
Joshua D. Drake
July 2010
Martin Zobel-Helas
July 2011
Clint Adams
July 2011
Robert Brockway
July 2011
Jimmy Kaplowitz