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golinux

Administrator

Registered: 2016-11-25

Posts: 3,403  

Devuan 2024 financial report

Greetings fellow Devuaneers!

The Devuan 2024 financial report has been posted!

https://www.devuan.org/os/announce/repo … t_2024.pdf

Thanks to everyone who has contributed towards helping to pay the bills for Devuan's infrastructure costs!

May Devuan live long and prosper!

golinux

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hacksenwerk

Member

From: Europe

Registered: 2022-02-10

Posts: 24  

Re: Devuan 2024 financial report

Please add liberapay to the donation options, so people can send anonymously donations to the project:
https://liberapay.com/about

ruenoak

Member

From: New Zealand

Registered: 2017-05-28

Posts: 48  

Website

Re: Devuan 2024 financial report

Great to see things are going well .
I still can't donate directly to Devuan unfortunately, PayPal still says my county is not supported though PayPal say it is.
I had the same problem recently when donating to the SeaMonkey project so who knows.

Anyway I setup a donation to the Dyne foundation through Kofi hopefully some it goes to Devuan.
Could Devuan be donated directly through Kofi maybe ?

init freedom

Rue.

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"Has cat, eats cheese, drinks coffee, Chaotic Neutral "

stopAI

Member

Registered: 2023-04-04

Posts: 215  

Re: Devuan 2024 financial report

Hello.
I would like to ask (out of curiosity). The financial report states that 54,008.30 euros were donated (total amount), and 4,680.55 euros were spent. And where will the remaining amount be used? I ask because nothing is clear from this report.

hacksenwerk

Member

From: Europe

Registered: 2022-02-10

Posts: 24  

Re: Devuan 2024 financial report

@stopAI: I think it will be used to pay the devs. They deserve it.

stopAI

Member

Registered: 2023-04-04

Posts: 215  

Re: Devuan 2024 financial report

@stopAI: I think it will be used to pay the devs. They deserve it.

I agree with this idea. That would be really right.

einpoklum

Member

From: Haifa, Palestine

Registered: 2021-07-21

Posts: 62  

Website

Re: Devuan 2024 financial report

I would like to ask (out of curiosity). The financial report states that 54,008.30 euros were donated (total amount), and 4,680.55 euros were spent. And where will the remaining amount be used? I ask because nothing is clear from this report.

Not an answer, but note that 45,570.69 EUR were turned over from the previous year. So, considering income and expenditure for just year, we have:

Income: 8,437.61 EUR
Expenses: 4,680.55 EUR

So, the net income (assuming no taxes etc. out of the balance sheet) is: 3,757.06 EUR

This situation is likely similar to previous years. Note also the Dyne policy explained on page 2:

Being a non-profit, Dyne.org does not retain funds but aims to redistribute
them efficiently. Our investment focus for Devuan seeks to keep the yearly
turnover as low as 10% on incoming funds, with a fixed low reserve of 4000€
to face unpredictable expenses.

I'm not sure I really understand that sentence. But if they mean they want to gradually create a reserve, increasing it by about ~4,000 EUR per year, then 2024 is mostly in line with that. If they want the overall reserve to be just 4,000 EUR then the project's pile of money is too high.

hacksenwerk

Member

From: Europe

Registered: 2022-02-10

Posts: 24  

Re: Devuan 2024 financial report

Good reply einpoklum.

But an official reply would be nice, since the question from stopAI was posted two weeks ago.