[Owasp-board] OWASP 2012 Budget

Michael Coates michael.coates at owasp.org
Wed Dec 21 17:47:08 UTC 2011


Board,

I believe we are good to move forward into 2012 with an OWASP Budget.  We have come along way and have a good plan to start the year.  We are over compensating a bit for expenses and being conservative on our income.  We wanted to accommodate all of the ideas from the committees, but we have limited funds and these estimates still provide solid budgets.  We can look at specific issues as they arise if there are committee needs that can't be met with this budget.

We'll revisit after Q1 to see how things have progressed. Although our budget on paper shows a small loss overall, this number is reasonable (within 6% of total revenue) and our organization is very fluid.  I'm optimistic that our income numbers will outperform our estimates.  With quarterly checkpoints I think we can adjust based on observations and guide the finances to a good place.  

This is a big step forward in formalizing our plans and getting on top of the budgeting process. Thanks for everyone's work.


I'm looking for an informal "Yay" or "Nay" to proceed with this budget into 2012 and revisit at the end of Q1.

https://docs.google.com/a/owasp.org/spreadsheet/ccc?key=0AhI4iTO_QojvdFRTX1ZvUHU5U1N3WVRGNm56cDlOM1E&hl=en_US



Michael Coates
OWASP





More information about the Owasp-board mailing list