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Nikolaos Dimopoulos for Phalcon PHP Framework

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2023 Financial Update

Time for a financial update for the project.

We have to apologize for the lack of financial update posts. The last update was in 2020 (:/). With this post we are rectifying the lack of reporting and are posting our financial update for 2023, 2022 and 2021.

We promised to be as transparent as possible with our community and contributors, so that you all know what your contributions are funding.

You can always check the status of our finances in our Open Collective or GitHub Sponsors pages at any time.

2023 Financial Summary

Overview

We have a good amount of funds available to us. Right now our account has 11,944.46 USD. As you can see in Open Collective we have been very frugal with the funds, and only used it for certain services or sponsoring certain activities.

In Detail

In 2023, money was spent paying for computer upgrades for the team, services for the framework, as well as sponsoring work. The next biggest expense was, as always, processing fees and fees for OpenCollective.

All amounts are in USD.

Income

Source Amount
OpenCollective 2,646.71
GitHub Sponsors 3,096.75

Expenses

8,772.86 USD

OpenCollective

Date Type USD Description
2023-12-31 Fees 588.58 Hosting Fees
2023-12-31 Fees 148.29 Processor Fees

Compensation

Date Type USD Description
2023-03-28 Compensation 1,000.00 Jeckerson
2023-06-26 Compensation 280.00 Arhell
2023-06-28 Compensation 1,000.00 Jeckerson
2023-07-04 Compensation 890.00 niden (storage purchase)
2023-09-02 Compensation 2,000.00 Jeckerson
2023-09-27 Compensation 225.02 niden (motherboard upgrade)
2023-10-19 Compensation 549.76 niden (case, memory, cooler upgrades)
2023-12-08 Compensation 2,000.00 Jeckerson

Operations

Date Type USD Description
2023-09-27 Services 91.22 Email Service

2022 Financial Summary

Income

Source Amount
OpenCollective 3,107.69
GitHub Sponsors 7,811.78

Expenses

8,274.99 USD

OpenCollective

Date Type USD Description
2022-12-31 Fees 1,109.06 Hosting Fees
2022-12-31 Fees 251.89 Processor Fees

Compensation

Date Type USD Description
2022-01-27 Compensation 2,000.00 Jeckerson
2022-03-30 Compensation 1,500.00 Jeckerson
2022-09-20 Compensation 2,000.00 Jeckerson
2022-10-26 Compensation 549.97 niden (computer components)
2022-11-12 Compensation 2,000.00 Jeckerson
2022-09-27 Compensation 225.02 niden (storage purchase)

2021 Financial Summary

Income

Source Amount
OpenCollective 3,984.83
GitHub Sponsors 4,735.87

Expenses

3,835.17 USD

OpenCollective

Date Type USD Description
2023-12-31 Fees 596.60 Hosting Fees
2023-12-31 Fees 306.63 Processor Fees

Compensation

Date Type USD Description
2021-04-11 Compensation 163.80 Aziz
2021-08-08 Compensation 222.58 Aziz
2021-08-22 Compensation 1,000.00 Jeckerson
2021-09-18 Compensation 467.50 Aziz
2021-10-28 Compensation 1,000.00 Jeckerson
2021-11-12 Compensation 230.00 Aziz
2021-11-18 Compensation 350.00 niden (storage purchase)
2021-11-27 Compensation 292.00 AlexNDRmac (storage purchase)

Operations

Date Type USD Description
2021-08-24 Services 109.29 Email Service

Thank you

As always, a huge thank you to all of our contributors, financial or other. Your contributions help this project move forward!

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