SCIENCE: Difference between revisions
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== Current Partnership == | == Current Partnership == | ||
Current partnership owner percentage is Beta 66 | Current partnership owner percentage is Beta 66%, Thomas 29%, Sammich 4%. | ||
| Line 25: | Line 25: | ||
! Balance Sheet | ! Balance Sheet | ||
! Income Statement | ! Income Statement | ||
! Net Income/(Loss) | |||
|- | |||
| 2019 | |||
| | |||
| | |||
| $2,858 | |||
|- | |- | ||
| 2018 | | 2018 | ||
| [https://secure.snafucon.com/mw/images/b/b3/Balance_Sheet_-_FYE_2018-12-31.pdf Balance Sheet] | | [https://secure.snafucon.com/mw/images/b/b3/Balance_Sheet_-_FYE_2018-12-31.pdf Balance Sheet] | ||
| [https://secure.snafucon.com/mw/images/2/2a/Income_Statement_-_FY_2018.pdf Income Statement] | | [https://secure.snafucon.com/mw/images/2/2a/Income_Statement_-_FY_2018.pdf Income Statement] | ||
| ($436) | |||
|- | |- | ||
| 2017 | | 2017 | ||
| [https://secure.snafucon.com/mw/images/0/06/Balance_Sheet_-_FYE_2017-12-31.pdf Balance Sheet] | | [https://secure.snafucon.com/mw/images/0/06/Balance_Sheet_-_FYE_2017-12-31.pdf Balance Sheet] | ||
| [https://secure.snafucon.com/mw/images/3/31/Income_Statement_-_FY_2017.pdf Income Statement] | | [https://secure.snafucon.com/mw/images/3/31/Income_Statement_-_FY_2017.pdf Income Statement] | ||
| $8,688 | |||
|- | |- | ||
| 2016 | | 2016 | ||
| [https://secure.snafucon.com/mw/images/8/8c/Balance_Sheet_-_FYE_2016-12-31.pdf Balance Sheet] | | [https://secure.snafucon.com/mw/images/8/8c/Balance_Sheet_-_FYE_2016-12-31.pdf Balance Sheet] | ||
| [https://secure.snafucon.com/mw/images/6/6c/Income_Statement_-_FY_2016.pdf Income Statement] | | [https://secure.snafucon.com/mw/images/6/6c/Income_Statement_-_FY_2016.pdf Income Statement] | ||
| $4,753 | |||
|- | |- | ||
| 2015 | | 2015 | ||
| [https://secure.snafucon.com/mw/images/b/b7/Balance_Sheet_-_FYE_2015-12-31.pdf Balance Sheet] | | [https://secure.snafucon.com/mw/images/b/b7/Balance_Sheet_-_FYE_2015-12-31.pdf Balance Sheet] | ||
| [https://secure.snafucon.com/mw/images/6/67/Income_Statement_-_FY_2015.pdf Income Statement] | | [https://secure.snafucon.com/mw/images/6/67/Income_Statement_-_FY_2015.pdf Income Statement] | ||
| $15,716 | |||
|- | |- | ||
| 2014 | | 2014 | ||
| [https://secure.snafucon.com/mw/images/f/ff/Balance_Sheet_-_FYE_2014-12-31.pdf Balance Sheet] | | [https://secure.snafucon.com/mw/images/f/ff/Balance_Sheet_-_FYE_2014-12-31.pdf Balance Sheet] | ||
| [https://secure.snafucon.com/mw/images/8/8e/Income_Statement_-_FY_2014.pdf Income Statement] | | [https://secure.snafucon.com/mw/images/8/8e/Income_Statement_-_FY_2014.pdf Income Statement] | ||
| $22,044 | |||
|- | |- | ||
| 2013 | | 2013 | ||
| [https://secure.snafucon.com/mw/images/4/43/Balance_Sheet_-_FYE_2013-12-31.pdf Balance Sheet] | | [https://secure.snafucon.com/mw/images/4/43/Balance_Sheet_-_FYE_2013-12-31.pdf Balance Sheet] | ||
| [https://secure.snafucon.com/mw/images/e/e3/Income_Statement_-_FY_2013.pdf Income Statement] | | [https://secure.snafucon.com/mw/images/e/e3/Income_Statement_-_FY_2013.pdf Income Statement] | ||
| $9,953 | |||
|- | |- | ||
| 2012 | | 2012 | ||
| [https://secure.snafucon.com/mw/images/6/64/Balance_Sheet_-_FYE_2012-12-31.pdf Balance Sheet] | | [https://secure.snafucon.com/mw/images/6/64/Balance_Sheet_-_FYE_2012-12-31.pdf Balance Sheet] | ||
| [https://secure.snafucon.com/mw/images/c/c3/Income_Statement_-_FY_2012.pdf Income Statement] | | [https://secure.snafucon.com/mw/images/c/c3/Income_Statement_-_FY_2012.pdf Income Statement] | ||
| $7,951 | |||
|- | |- | ||
| 2011 | | 2011 | ||
| [https://secure.snafucon.com/mw/images/b/bc/Balance_Sheet_-_FYE_2011-12-31.pdf Balance Sheet] | | [https://secure.snafucon.com/mw/images/b/bc/Balance_Sheet_-_FYE_2011-12-31.pdf Balance Sheet] | ||
| [https://secure.snafucon.com/mw/images/c/cd/Income_Statement_-_FY_2011.pdf Income Statement] | | [https://secure.snafucon.com/mw/images/c/cd/Income_Statement_-_FY_2011.pdf Income Statement] | ||
| ($2,689) | |||
|- | |- | ||
| 2010 | | 2010 | ||
| [https://secure.snafucon.com/mw/images/4/40/Balance_Sheet_-_FYE_2010-12-31.pdf Balance Sheet] | | [https://secure.snafucon.com/mw/images/4/40/Balance_Sheet_-_FYE_2010-12-31.pdf Balance Sheet] | ||
| [https://secure.snafucon.com/mw/images/d/de/Income_Statement_-_FY_2010.pdf Income Statement] | | [https://secure.snafucon.com/mw/images/d/de/Income_Statement_-_FY_2010.pdf Income Statement] | ||
| $3,361 | |||
|- | |- | ||
| 2009 | | 2009 | ||
| [https://secure.snafucon.com/mw/images/4/4c/Balance_Sheet_-_FYE_2009-12-31.pdf Balance Sheet] | | [https://secure.snafucon.com/mw/images/4/4c/Balance_Sheet_-_FYE_2009-12-31.pdf Balance Sheet] | ||
| [https://secure.snafucon.com/mw/images/c/c6/Income_Statement_-_2009.pdf Income Statement] | | [https://secure.snafucon.com/mw/images/c/c6/Income_Statement_-_2009.pdf Income Statement] | ||
| ($484) | |||
|} | |} | ||
Revision as of 08:53, 15 March 2020
SCIENCE, LLC (the Supreme Council Initiating and Empowering Nerdy and Cool Events) is a Limited Liability Company which was created to run the SNAFU Con event.
The owners of SCIENCE are Thomas, Sammich (Sam H.), and Beta. Beta was the original financial backer and is the accountant for the company. Although the company is a "for profit" company, all profits from the SNAFU Convention are put back into the convention itself. The company has no employees.
The owners are not paid, although equity is allocated to each partner. In 2018, Nathan leaving and taking his equity crippled the company (and therefore the con) bank account. As a result, the remaining parters put in place an agreement that no owner may take out of the company more than 5% over the actual money they put into it, even if they leave.
Current Partnership
Current partnership owner percentage is Beta 66%, Thomas 29%, Sammich 4%.
Partnership Changes
- The partnership started as Nathan, Beta, and Eddie.
- Eddie left early on (2011?). No equity had been allocated to Eddie so there was no pay out.
- Thomas bought into the company as a 20% partner in 2015, changing ownership to 40% for each other partner.
- Nathan was a partner from 2010 through early 2018. The company paid him his entire equity balance.
- Sammich bought into the company in 2018.
Financial Statements
| Year | Balance Sheet | Income Statement | Net Income/(Loss) |
|---|---|---|---|
| 2019 | $2,858 | ||
| 2018 | Balance Sheet | Income Statement | ($436) |
| 2017 | Balance Sheet | Income Statement | $8,688 |
| 2016 | Balance Sheet | Income Statement | $4,753 |
| 2015 | Balance Sheet | Income Statement | $15,716 |
| 2014 | Balance Sheet | Income Statement | $22,044 |
| 2013 | Balance Sheet | Income Statement | $9,953 |
| 2012 | Balance Sheet | Income Statement | $7,951 |
| 2011 | Balance Sheet | Income Statement | ($2,689) |
| 2010 | Balance Sheet | Income Statement | $3,361 |
| 2009 | Balance Sheet | Income Statement | ($484) |