Statement of Financial Position Comparisons 2025-2026

This section contains the Statement of Financial Position Comparison of the Plone Foundation for the fiscal years 2025 and 2026.

Introduction

The Statement of Financial Position, also called Assets and Liabilities, is a balance sheet that reflects the Plone Foundation's financial position. The comparison is between fiscal years 2025 and 2026. It complements the Statement of Financial Activity Comparison.

The Foundation uses the cash accounting method, not the accrual method, because it doesn't use accounts payable or receivable.

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.

Assets

At the end of fiscal year 2026 first quarter, the Plone Foundation held $211,165 in cash in its bank accounts. This was a slight increase of less than 1% from fiscal year end 2025 of $209,298.

Liabilities and Equities

Net Income through FY26 Q1 was $1,866.79, compared to -$7,279.71 for the entire fiscal year 2025.

Summary

While the first quarter of 2026 showed a slight improvement in total cash assets, few expenses were incurred. It's expected that the second quarter will have large expenses, as explained in the Statement of Activity Comparisons 2025-2026, that will result in a large financial loss. The Plone Foundation has a healthy cash reserve to continue funding its operations, research, and development for the foreseeable future. The initiatives begun in 2025 together with new ones in 2026 are intended to improve the financial security of the Plone Foundation.

Respectfully Submitted,

Steve Piercy, Interim Treasurer

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