The September 2023 Beehaw Financial Update
The September 2023 Beehaw Financial Update
obligatory preface: we’re 100%-user funded and everything you donate to us specifically goes to the website, or any outside labor we pay to do something for us.
overall expenses this month: $264.50
We downsized this month which has significantly brought down our costs, but it involved quite a few steps so it's a bit complicated to roll everything up. For simplicity purposes I rolled all the snapshots, backups, and hosting together for old/new droplets by service.
$177.46 for Digital Ocean hosting, which can be further subdivided into
- $157.50 for hosting the site itself
- $2.28 for backups
- $17.68 for site snapshots
$29.60 for Hive, an internal chat platform we’ve set up (also being hosted on Digital Ocean)
- $24.00 for hosting Hive
- $4.80 for backups
- $0.80 for snapshots
~$39.16 for email functionality, which can be further subdivided into
- $35/mo for Mailgun (handles outbound emails, so approval/denial/notifications emails; also lets us not get marked as spam)
- ~$4.16/mo ($50/yr, already paid in full) for Fastmail (handles all inbound emails)
$18.28 for BackBlaze (redundant backup system that’s standalone from Digital Ocean)
overall contributions this month: $1,033.82
support still more than covers our expenses, thank you everyone! breakdown is:
- 114 monthly contributions, totaling $793.82
- 12 one-time donations, totaling $240.00 It seems like the majority of our flow has shifted to monthly contributions and we are still sustainable overall
total end of month balance: $4,701.66
expense runway, assuming no further donations
- assuming expenses like ours this month: we have about 17 months and three weeks of runway
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past four months of data, for anyone wondering. a wiki page for this should be forthcoming in the days to come
June July August September Contributions $705.00 $3,870.44 $1,310.90 $1,033.82 Expenses $54.00 $566.98 $523.79 $264.50 Difference +$651.00 +$3,303.46 +$787.11 +$769.32 Balance $726.51 $3,591.33 $4,347.79 $4,701.66 Hey alyaza, I'm glad to see you back and hopefully doing well. Wishing you and the rest of the admin team all the best running this community.
Nicely laid out thanks Alyaza!
Why is the balance not going up by an amount equal to the Difference between Contributions and Expenses?
almost certainly because we tend to bundle expenses for multiple months together/as the person running the expense needs it billed (more convenient for all involved), so funds aren't coming out on the same monthly basis as funds coming in
Cash basis vs Accrual basis bookkeeping strikes again!