[OpenID board] Year-end financials

[Dick Hardt]

Our financial year end is March 31. Currently we have minimal  
resources to work on pulling together official financial statements.  
One of the initial decisions of the new board will be what we do for  
ED resources while we are recruiting and ED.

What I will have available for the new board will be a state of the  
financial affairs of the company so that the board does understand of  
where the Foundation stands financially. It is really not that  
different then it was in my last report less expected expenses. We  
have the same financial challenges.

As for using Wesabe or something like that -- my preference would be  
to let the ED decide how best to operate the Foundation in a manner  
that minimizes overhead and provides the appropriate amount of  
transparency and information accessibility.

I am a big believer that if you want someone to be responsible for  
something, you need to give them the authority to make the decisions  
about it.

Johannes: you continually harp on financial aspects of the Foundation  
-- and you are a lone voice amongst board members. Besides the fact  
that you did not receive your make-work-project financials, have I  
failed or been incompetent in the role as Treasurer?

Chris / Nat: if you are elected to the board, then you will have more  
insight, which is of course is one of the roles of the board.

-- Dick

On 16-Dec-08, at 1:59 PM, Nat wrote:

> +1!
>
> =nat at TOKYO via iPhone
>
> On 2008/12/17, at 5:04, chris.messina at gmail.com wrote:
>
>> +1.
>>
>> I'm also interested, as a point of process, how the financials are
>> currently tracked/maintained.
>>
>> I'd love for a transparent, always-accessible budget to be available
>> for the new board -- perhaps Wesabe-style.
>>
>> Chris
>>
>> On 12/16/08, Johannes Ernst <jernst at netmesh.us> wrote:
>>> It's me again, on the same subject with a slight variation this  
>>> time.
>>>
>>> Given that we'll have a different board, and (perhaps) a different
>>> set
>>> of officers of the foundation in 2009, I would suggest that the
>>> current officers still prepare/oversee preparation of year-end
>>> financials, regardless of how the election goes.
>>>
>>> Anybody agree or disagree?
>>>
>>>
>>>
>>>
>>> Johannes Ernst
>>> NetMesh Inc.
>>>
>>>
>>
>>
>> -- 
>> Chris Messina
>> Citizen-Participant &
>> Open Technology Advocate-at-Large
>> factoryjoe.com # diso-project.org
>> citizenagency.com # vidoop.com
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