Since we have been accepting financial contributions from our community, we would like to present a financial update, so as to showcase where those funds are used and why.

This is the first financial post we are presenting but we intend on making a habit of this and have a post for each year to keep the community and our financial contributors informed on where the project stands.

You can always check the status of our finances in our Open Collective or GitHub Sponsors pages at any time.

Overview

In short we have a good amount of funds available to us. We are also very stingy on where we spend it. As of today, our balance is 14,896.40 USD. The money is used primarily to sponsor development (Phalcon and Zephir) and purchase services that we need (for instance email service etc.). In the future we might consider sponsoring travel or conferences of core members, but that is not set yet.

In Detail

For the information below, net income reflects the money that are available for the project, while collected reflects the money that has been paid by contributors. The difference is to cover the fees of Open Collective as well as Credit Card processors etc.

All amounts are in USD.

2017

Income

Net Collected 892.53 1,035.00

Expenses

Date Type USD Description 2017-03-10 Software 142.62 VMWare Fusion License for Phalcon Box

2018

Income

Net Collected 8,692.58 10,171.00

Expenses

Date Type USD Description 2018-05-06 Design 262.50 Theme/Logo Design for Forum 2018-05-21 Design 315.00 Fiverr - Convert PSD design to HTML/JS

2019

Income

Net Collected 4,530.15 5.360.56

Expenses

Development

Date Type USD Description 2019-12-05 Development 350.00 Rector and v4 2019-12-12 Development 100.00 Zephir Bug fixes/Feature work 2019-12-05 Development 485.00 DevTools, Migrations 2019-11-13 Development 352.00 DevTools 2019-11-07 Development 100.00 Bug fixes/Feature work 2019-11-01 Development 92.00 DevTools 2019-10-24 Development 424.00 DevTools 2019-10-10 Development 40.00 REST API 2019-09-26 Development 120.00 Vokuro v4 2019-09-12 Development 150.00 Vokuro v4 2019-09-05 Development 200.00 Vokuro v4 2019-08-27 Development 165.00 Vokuro v4 2019-08-22 Development 25.00 Vokuro v4 2019-08-02 Development 100.00 Zephir Bug fixes/Feature work 2019-07-05 Development 100.00 Zephir Bug fixes/Feature work 2019-06-14 Development 100.00 Zephir Bug fixes/Feature work 2019-05-09 Development 100.00 Zephir Bug fixes/Feature work 2019-03-28 Development 100.00 Zephir Bug fixes/Feature work 2019-02-28 Development 100.00 Zephir Bug fixes/Feature work

Operations

Date Type USD Description 2019-08-22 Web services 93.00 Email for phalcon/zephir 2019-08-22 Web services 200.00 Phalcon.io 2019-08-22 Web services 89.00 PHPStorm License 2019-05-19 Competition 307.85 April Bugfest T-shirts 2019-01-31 Web services 600.00 Comment service in documents and blog

Thank you

As always, a huge thank you to all of our contributors, financial or other. Your contributions help this project move forward!

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