[Chapter-delegates] [2021-2022-fincomm] Something to contemlate

[Christian de Larrinaga]

No need to wait for the perfect before doing what George 
proposes... ?


On Mon 22 Nov 2021 at 22:31, Andrew Sullivan via Chapter-delegates 
<chapter-delegates at elists.isoc.org> wrote:


> At present, we do this, but in the form of the IRS Form 990. 
>
> The only way to add it to the annual report (the impact report, 
> I think
> you mean) is to publish unaudited figures, because they are the 
> only
> figures we have at that point. As long as people are ok with the 
> annual
> report possibly being changed when the 990 comes out, I don’t 
> object. 
>
> But what I’d _rather_ focus on is a live system that permits 
> access
> essentially to the report the fincomm (and then board) gets 
> quarterly.
> That way everyone could see our interim figures as we go. Sae 
> had
> independently hit on this idea (it was music to my ears when she
> proposed it). She tells me we’re not very far from being able to 
> support
> this but we are not yet. 
>
> We were waiting until the capacity to do this was ready so that 
> we could
> present it to the board, but if you want us to pursue it just 
> say the
> word. 
>
> A
>
> — 
>
> Andrew Sullivan 
>
> Please excuse my clumbsy thums
>
>   On Nov 22, 2021, at 16:58, George Sadowsky via 
>   2021-2022-fincomm
>   <2021-2022-fincomm at elists.isoc.org> wrote:
>
>    Richard,
>
>   I'm thinking in advance of the preparation of the Annual 
>   Report.
>
>   Why doesn't ISOC publish in its Annual Report a financial 
>   statement of
>   condition as measured at the end of the preceding year.  All
>   corporations do this, and quite a few non-for-profits do also. 
>   We
>   have nothing to hide, and since we claim that transparency is 
>   one of
>   our virtues, I would think that it would be a good thing to 
>   do.
>
>   I propose that the budget committee ask the staff to do this, 
>   starting
>   with the report of the calendar and fiscal) year 2021.
>
>   Happy Thanksgiving!
>
>   George
>
>   --
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-- 
Christian de Larrinaga 
https://firsthand.net