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Site/Forum Features / Re: March 2009 Fundraiser Wrap-up
« on: April 10, 2009, 09:04 AM »
Hello app103,

Thank you for your response. The underlying principle on which the site runs and on which donation-credits work seem to be quite honorable and I appreciate you trying to explain this to me.

I feel the site can be a lot more transparent about it's finances without divulging any personal details.

Where is the harm in stating a few general figures annually, like:

a)  How much has the site recieved in donations in that year.

b)  How much has actually left the site (been cashed out) by the authors.

c)  A brief break-up of the annual expenses like hosting costs, and the amount spent on gifts and prizes, any other major expense category.

d) How much is currently lying in donation-credits but hasn't been cashed out.

e) How much went exclusively to the site fund.

Putting out statistics like these will inspire confidence and actually encourage donations by showing your potential contributors that is a community, not just on the working end of things but also on the recieving end - and that the donations don't just benefit one person who runs the site but everyone who contributes to it and goes to making it the great place you describe it to be.

In other words, it'll show in black and white that the donation system that looks so good in theory, actually works in practice.

Dubbing a direct question as "good" and then not giving a straight answer when one has been promised seems careless at best and evasive at worst. I think the site owes a little more accountability to everyone who has reached out and made the fund-raiser such a spectacular success in these tough times we all face.


Site/Forum Features / Re: March 2009 Fundraiser Wrap-up
« on: April 10, 2009, 02:28 AM »

The fundraiser has been interesting to watch.
How much did the site make last month on a generic non-fund-raiser month compared to this month?

good question -- i'll report when i summarize fundraising results in the next couple of days.

Is this question ever going to be answered or is it against the policy of to reveal financial details other than those which are obvious?

Since it is a community-funded site i think it is only fair to have complete transparency about funds collected & distributed. It would encourage someone with reservations, like myself, to donate.

If you think revealing financial details is not a good idea, then kindly tell your contributors why not.


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