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.

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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 2025.

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.

Second quarter income

  • Foundation Donations decreased from $2,944 to $2,729 due to a one-time $1,000 in May, 2025, which was offset by a significant increase of almost $800 in new recurring donations through GitHub.
  • Foundation Sponsorship was $1,095, compared to FY25Q2 of $3,849 due to the Sponsorship program shifting the renewal dates to January 1 of each year.

Second quarter expenses

  • Intellectual Property Fees increased from $0 to $1,710 to renew one of our four US trademarks and to update the contact information for our EU and UK trademarks.
  • Legal & Professional Fees increased to $1,236 from $474 for attorney services to assist with the recovery of funds from the Zope Foundation.
  • Marketing/Business Development:
    • T-shirts increased to $1,249 from $0.
    • Advertising decreased from $301 to $0 and was eliminated.
    • Professional Services for Design decreased from $250 to $0.
  • The remaining expenses for Plone Conference 2024 and 2025 were finally reimbursed, for a total of $1,914.
  • Software licenses decreased from $1,020 to -$2,081. This was due to the refund for accounting software under the Office sub-category, and adjusting plans to the right size and eliminating some subscriptions under the Marketing sub-category.
  • Bank Fees were eliminated, saving $232, by not using PayPal and switching from Chase to Axos for banking services.
  • Travel & Lodging Stipends decreased from $2,474 to $962. It's expected to increase in Q3 when reimbursement requests for this category come through.

Second quarter other income

Interest earned increased from $43 to $1,773, due to switching from Chase to Axos for banking services and for the first complete fiscal quarter since switching.

Second quarter summary

The Plone Foundation had a Net Operating Loss of -$6,654, and Net Revenue Loss of -$4,881 in the second quarter, both a decline over the same period in 2025.

Looking forward into the third quarter, two more sprints are scheduled, and the Bucharest and Pole Position sprints are expected to be reimbursed. Including travel reimbursements, Plone Conference 2026, plus routine monthly expenses, the estimated total for expenses in FY26 Q3 is $40,000. Revenue is expected to be $8,000. Net revenue for FY26 Q2 is estimated to be a loss of -$32,000.

Respectfully Submitted,

Steve Piercy, Interim Treasurer

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