On Jun 11, 2026, at 2:11 PM, John Guagliardo <john.worldlibrary@gmail.com> wrote:

Eric,

Can I ask your help to clarify the previous years’ spending with your budget for 2026.  You seem to be combining half years of 2024/2025 and 2025/2026 and missing annual totals.  It’s really confusing to review and evaluate.  

Before voting on approving this years budget we will need to compare 2026 operating budget to 2025 and 2024 spending so we can better understand what is being achieved. When presenting this budget please make available for the board the previous few years actual spending along side 2026.  This information should be readily accessible for us.  

Best regards,

John

-------------

John Guagliardo Ph.D

Executive Director

World Library Foundation 

(415) 237-3054

Skype: WorldLibrary

John@WorldLibrary.org

World Library

Where the World Goes to Read

WorldLibrary.org

On Jun 9, 2026, at 8:32 AM, John Guagliardo <john.worldlibrary@gmail.com> wrote:

Eric,

I think we should compare this operating budget to previous years 5 years so we can better understand what is being achieved by the substantial increase in spending. When presenting this budget please make available for the board the previous 5 years actual spending as well.  This information should be readily accessible with the 990s we have in file.  Did Newby have any CPA documents or spreadsheet on his budgets you can provide us to clarify the historic costs.  

Please remember this board hasn’t had the opportunity to review the previous year’s financial reports as you have.  Without this additional expense reference we would not be able to make informed votes.  

Regards,

John

-------------

John Guagliardo Ph.D

Executive Director

World Library Foundation 

(415) 237-3054

Skype: WorldLibrary

John@WorldLibrary.org

World Library

Where the World Goes to Read

WorldLibrary.org

On Jun 8, 2026, at 10:28 AM, Eric Hellman <eric@hellman.net> wrote:



In preparation for our board meeting on the 20th, I have started working on a budget for the 2026-2027 fiscal year. The first step is to assess our financial performance vs budget for the current fiscal year; we only had a budget for Jan-Jun. Attached is a spreadsheet showing the actuals through today.

The revenue side looks quite good; I've separated out the legacy donation and the grant from the Manton Foundation; even without those, our income is already $1,200 over budget, and I expect several thousand more by the end of the month.

On the expenses side, we are $18,000 under budget, and even with one payroll left to go, we should finish at about $10,000 under budget.

I am planning to present a budget to you totalling at about $210,000 for 2026-2027, which will include about 20,000 of spending paid for by the grant we received. Only about $5K of the 25K grant will have been spent in the current fiscal year.

Eric

<q34-25-26-budget-actual.xlsx>