[Foundation-l] Mid-year Financial Statement, follow-up questions/answers

[Thomas Dalton]

On 07/03/2008, Anthony <wikimail at inbox.org> wrote:
> On Thu, Mar 6, 2008 at 10:26 PM, Jay Walsh <jwalsh at wikimedia.org> wrote:
>  >  Several weeks ago we posted our first mid-year financial statements on
>  >  the Foundation wiki.  A few questions have come in, on-list since then.
>  >   One referred to depreciation of furniture/equipment and the other to
>  >  the 'employee receivables' line.
>  >
>
> My biggest question at this point is why doesn't the "retained
>  earnings" account match the prior year's "net assets"?

It's only out by about $16k, there are various things that could
account for that - the time periods not matching perfectly, for
example. It's not significantly different.