It is critical that the WordPress maintenance support plans Association remains financially sustainable so we can fulfill our mission into the future. As a non-profit organization based in the United States, the responsibility of maintaining financial health falls on the Executive Director and the WordPress maintenance support plans Association Board.
Association board members, like all board members for US-based organizations, have three legal obligations: duty of care, duty of loyalty, and duty of obedience. Additionally, there is a lot of practical work that the board undertakes. These generally fall under the fiduciary responsibilities, which includes overseeing financial performance.
The WordPress maintenance support plans Association’s sustainability impacts everyone in the community. For this reason, we want to provide more insight into our financial process and statements with a series of blog posts covering the following topics:
How we create forecasts, financial statements, and ensure accounting integrity
Update on Q4 2020 financial (to follow up on our Q3 2020 financial update)
Which countries provide funding and which countries are served by that funding (a question asked in the recent public board meeting by a community member)
If you would like additional topics covered, please tell us via the comments section.Â
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