Financial Transparency

Note: This page is accurate as of April 2018

How money works at Enspiral is determined by the Financial Agreement. This page is to provide information and transparency about our financial situation.

Income and Expenses

Income

Enspiral Foundation income comes from both Ventures and Contributors

Venture contributions:

Contributors pay a variable weekly, monthly or annual subscription fee; this is currently being set up. * The Contributor amount below is a current monthly amount based on 42 Subscriptions on the new model.

So Foundation monthly income is:

Expenses

Expenses we have collectively agreed to fund on an ongoing basis.

Money we have

*(Contributors only: check out the Enspiral Foundation Financials Loomio Discussion for the latest discussion and information.)

Invoices & Expenses

*Normal cashflow account where bills are paid and sales invoice income first enter Foundation’s bank account

$3,371

Emergency Fund

Amount set aside by the Board of Directors

$10,118

Normal Reserves

Spending these funds is a decision of the Enspiral Members

$28,477 in reserves

Foundation Cobudget

This is money that has been allocated in the foundation cobudget system but has not been spent. We’re considering what we want to do about all this money as it is continuing to increase.

$16,823 in Foundation Cobudget

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