[HN Gopher] KDE Again Operated at a Loss During 2023
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       KDE Again Operated at a Loss During 2023
        
       Author : ReadCarlBarks
       Score  : 7 points
       Date   : 2024-09-06 20:39 UTC (2 hours ago)
        
 (HTM) web link (www.phoronix.com)
 (TXT) w3m dump (www.phoronix.com)
        
       | dtx1 wrote:
       | So... Where did they get the money that they spent then?
        
         | Arnt wrote:
         | "Our annual income for 2023 came in just slightly below our
         | projections, with a small difference of less than 500EUR. Our
         | expenses came in below target due to a conservative planning
         | approach that generally assumes an expense maximum, but in line
         | with our general expectations.
         | 
         | Both outcomes demonstrate our ability to make accurate
         | forecasts -- an important ability given our 2023 operational
         | goal of outspending our annual income for the second year in a
         | row, which we have achieved, in order to reduce our financial
         | reserve (which remains high from large one-time donations in
         | earlier years) in accordance with our non-profit organizational
         | form."
         | 
         | A German e.V. can't keep arbitrarily large reserves
         | indefinitely. It needs to use its money for its stated purpose,
         | or else it may lose its tax status. KDE's plan makes sense.
        
       | advisedwang wrote:
       | > it was another year they unfortunately operated in the red
       | funding wise.
       | 
       | As Arnt point's point's out, this was not unfortunate. It was
       | intentional, necessary and calculated. See the report itself
       | (https://ev.kde.org/reports/ev-2023/#welcome-to-kdes-annual-r...)
        
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       (page generated 2024-09-06 23:01 UTC)