Statement of Activity Comparisons 2025-2026

This section contains the Statement of Activity Comparison, also called a Profit and Loss Statement, of the Plone Foundation for the fiscal years 2025 and 2026.

Introduction

Beginning in 2026, quarterly financial statements will be published, with commentary to explain only large and unexpected variances. The complete fiscal year financial statements will have full commentary.

First quarter income

• Foundation Sponsorship was $12,401, compared to FY25Q1 of $4,962, due to the Sponsorship program shifting the renewal dates to January 1 of each year.
• Plone Conference 2025 Sponsorship was $1200, compared to FY25Q1 of $0, due to a late payment.

First quarter expenses

• Due to switching from PayPal and Chase to Wise and Axos for making transactions that involve a foreign currency exchange, bank and currency conversion fees were reduced substantially to $25, from $304 in FY25Q1.
• Marketing/Business Development was reduced substantially to $595 from $2,625, primarily due to the elimination of Google Ads spending.
• Software Licenses for both the Board and Marketing increased substantially due to paying annually for many services, instead of monthly, to receive a discount. Most of these payments will now take place during the first quarter. The greatest increase was for Office software, where a temporary upgrade to a more expensive plan was necessary to receive a nonprofit discounted rate, which will end up saving $730 per year. The amount paid was refunded a week into the second quarter. In the next quarterly report, the amount of $2,136 for Office software will reflect that refund and become -$206, which includes a prorated refund of the original plan as well.
• Sprints increased to $4,633 from $0 for the first ever Stellenbosch strategic sprint.
• Travel & Lodging Stipends increased to $2,278 from $0 for the Marketing Lead to attend the Stellenbosch Sprint and a Release Manager to attend the Bucharest Sprint, which was held a week earlier and was reimbursed within one day of receiving the request, thanks to Wise.

First quarter other income

Other Income is interest earned on deposits held in bank accounts, and brought in $1,059, compared to $42 in FY25Q1, due to switching banks that pay interest on deposits.

First quarter summary

The Plone Foundation had a Net Operating Gain of $1,976, and Net Revenue of $3,035 in the first quarter, both an improvement over the same period in 2026.

Looking forward into the second quarter, three more sprints are scheduled, and the Bucharest sprint will be reimbursed. Including travel reimbursements, plus routine monthly expenses, the estimated total for expenses in FY26 Q2 is $20,000. Revenue is expected to be $4,000, mostly from interest on deposits and GitHub sponsorships, as there are only two sponsorship renewals coming due. Net revenue for FY26 Q2 is estimated to be a loss of -$16,000.

Respectfully Submitted,

Steve Piercy, Interim Treasurer

Contact the Board at board@plone.org with comments or questions.