Financial Process

From Open Source Ecology
Revision as of 20:32, 21 October 2012 by Marcin (talk | contribs)
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Process Design

Specifications

  • Radical Transparency
  • ongoing balance sheet. Visible to Core Team. Shareable with outsiders on demand.
  • Monthly income and expenses. Visible to world.
  • True Fan Revenue - updated every month in a clearly visible graph
  • 10 Month Budget is visible
  • Annual Reports Visible
  • Budget Rationale - $2.1M+Org Infrastructure
  • Prototyping Cost - Total prototyping money spent vs. number prototypes built. Goal: if the cost falls, that means we are succeeding at collaborative.mission-aligned development.
  • Core Project Efficiency (total expenditures vs. prototypes built)
  • Receipts saving policy
  • Document Retention Policy clear
  • Revenue generated from Product Sales.

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