Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: RottiBiz
That looks good to start, but this is July. Are there no 'actuals' available? Not down to the line item detail level, but even my small biz can generate a report down to "shipping 987.53" .

Regardles, I can't figure out how $60,000 minus $9,000 equals $54,000. Or even looking at the old published budget of $58,400 minus $9,000 equals $54,000. Now, I'm a public/govt school grad, but still... ;)

I don't want to look like I'm picking at you Rotti!!

1,284 posted on 07/03/2004 1:04:23 PM PDT by technochick99
[ Post Reply | Private Reply | To 1267 | View Replies ]


To: technochick99

Hey, they're just pallparks. Sometimes the expenses are up, sometimes they're down. By the way, it was not a matter of $60,000 - $9,000. I've recalculated our requirements using a zero base budgeting method and estimated the approximate amounts that will be needed per month for the remainder of the year. Right now, thankfully, we're running a surplus. That may not always be true in the future. Thank you for your concerns.


1,287 posted on 07/03/2004 4:18:52 PM PDT by Jim Robinson
[ Post Reply | Private Reply | To 1284 | View Replies ]

To: technochick99
By the way, while I'm at it, I will remind you that we are not a government entity, nor are we a 501C nonprofit, nor a nontaxable entity of any kind, nor a public company. We are not required to and we do not wish to publish a detailed list of expenditures or financial statements for several reasons. One of which is we choose not to have every financial decision and expenditure we make scrutinized and second guessed by thousands of well-meaning critics and or our political foes, much less by those who are doing their level best to get us shutdown.

We do the very best we can with what we have. Most of our participants and donors are fine with this. If not, they wouldn't donate. In fact, if they are unhappy with the way we manage FR, we ask that they don't donate at all. And if they're really, really all that unhappy, then we suggest they should just change the channel. There are plenty of websites out there on the Internet. FR just happens to be the very best conservative site available. LOL.

Thank you FReepers for making that so!

We estimate a ball park budget of what aour costs and expenditures are expected to be so we will all know what we need to raise each quarter and in general terms where the funds are expected to be used. If there are cases where we have a major change in expenditures or requirements, ie, such as the final payment just made of our $3,000/month legal bill for the eschoir lawsuit, we will recalculate and republish our estimated ballpark budgets.

And we always set the target for each fundraiser somewhat higher than our budget estimates because sometimes all of the pledges made don't come in and or we sometimes have bill-backs and or refunds. Also, we feel it's always best (when possible) to have a cash buffer on hand in case some unusual expense or legal fee or other unforeseen large payment has to be made.

Thanks again for your concerns.

1,292 posted on 07/03/2004 5:01:51 PM PDT by Jim Robinson
[ Post Reply | Private Reply | To 1284 | View Replies ]

To: technochick99

What the heck does it matter, either you like this place or not. Contribute or not. No one is forcing you by gunpoint. Give or don't it's up to you.


1,300 posted on 07/03/2004 11:00:45 PM PDT by Indy Pendance
[ Post Reply | Private Reply | To 1284 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson