[DRAFT] The NetBSD Foundation 2024 Financial Report

Description	USD
Initial balance (2024–01–01)	270,343.28 USD
Adjustment [1]	−0.45 USD
Income	51,145.29 USD
Expenditures	−66,333.67 USD
Net assets change	−15,188.38 USD
Final balance (2024–12–31)	255,154.45 USD
Income [2]
Donations	49,965.22 USD
Dividends and interest	1,067.60 USD
Merchandise	112.47 USD
Expenditures
Overhead: Currency exchange	259.72 USD
Overhead: Fees	2,148.24 USD
Overhead: Fundraising	0.00 USD
Overhead: Legal	3,125.00 USD
Overhead: Operations	462.80 USD
Program: Builds	35,814.82 USD
Program: Conference	4,661.98 USD
Program: Consulting	16,850.16 USD
Program: Hardware	1,510.95 USD
Program: Travel	1,500.00 USD

[1] In 2023, we mistakenly omitted a posting in a foreign currency transaction which should have contributed to 0.45 USD currency exchange expense but did not. We are adjusting the opening balance here to reflect that, and we will add an extra checklist item to verify there are no missing foreign currency exchange expenses in future reports.

[2] We may have a discrepancy of around 100–200 USD in recorded donations since a payment processor may have either omitted donor information or overpaid us in some cases, and may have underpaid us in other cases. We have filed a support ticket with the payment processor to handle this.