Fun with Numbers: February 2011

[Ronin Storm]

Skipped a month due to being pretty busy, but here's the numbers as they stand right now:

Outstanding Invoices		£0
Cash in Kitty			£75.00
				=======
Debt Exposure to THN		£0

Donations for last six months:
August 2010			£42.50
September 2010			£47.50
October 2010			£332.50
November 2010			£105.00
December 2010			£125.00
January 2011			£112.50

Anticipated donations:
February 2011			£90.00 approx

Monthly costs			£65.95

Promethius replacement fund	£340 approx by end of 2011

As you can see, our donations have held up at a higher level than anticipated since November last year and so we're now getting in better shape for the future.

First bit of good news: our debt to Haven for outstanding invoices is now paid off. Hurrah! Good work everyone!

The main bit we're struggling on is our fund for replacing or renovating Promethius, our server. We're fractionally up on our previous estimate in December (of £330), which is great, but we're still some way shy of being able to pay for a serious hardware uplift. To meet our (notional) target of £500, we need our monthly donations to rise, on average, by ~£15.

Thank you again to everyone for everything you do for THN. We appreciate it greatly!

 

[Traxata]

So, is that a £15 rise on £112.50 per month? Or a £15 rise on the anticipated £90 for next month?

 

[Ronin Storm]

£15 rise on £90. My figures include one-off donations, but subscriptions only come to around £85 per month at the moment.

 

[Wol]

The main bit we're struggling on is our fund for replacing or renovating Promethius, our server. We're fractionally up on our previous estimate in December (of £330), which is great, but we're still some way shy of being able to pay for a serious hardware uplift. To meet our (notional) target of £500, we need our monthly donations to rise, on average, by ~£15.

After discussions recently in IRC about the future of prom, whether we're keeping her as is, but with a facelift, virtualising, distributing, or whatever-ing, what's likely to happen with the current finances. If there is a deficit at the end (how much is that atm?), and we decide to go for leasing a dedicated server rather than hardware upgrade, would this just get lumped back into the monthly payments kitty I'm guessing / give us some form of float.

Now I'm slowly sorting out finances after moving / rejigging phone contract / loans coming to the end, I'm looking at revising my subscription for thn. As there was discussion of cancelling and restarting the subscriptions if the situation changes, is it worth me starting a new one now if we're already several months in hand for a leased server, or is it worth waiting until we've decided what the future for prom is?

 

[VibroAxe]

My paypal broke over christmas. Both subscriptions are now cancelled. Once we roll over into next month I will set it back up. As such, I probably missed the last 2 months

 

[Ronin Storm]

As there was discussion of cancelling and restarting the subscriptions if the situation changes, is it worth me starting a new one now if we're already several months in hand for a leased server, or is it worth waiting until we've decided what the future for prom is?

I think I'd suggest waiting. THN, in the long term, always needs donations as that's what we rely on to keep this place running. However, we're head above water at the moment and, as you say, there's talk of doing some things differently (details to follow when we have a clearer idea of what those details might be) so not urgent for right now.

 

[Wol]

I think I'd suggest waiting. THN, in the long term, always needs donations as that's what we rely on to keep this place running. However, we're head above water at the moment and, as you say, there's talk of doing some things differently (details to follow when we have a clearer idea of what those details might be) so not urgent for right now.

Cool. sounds fair enough. I'll keep my pennies in my bank account instead ;-)