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Trends of the Sakai Foundation and JA-SIG Inc.
A Fi i l A l iA Financial Analysis
6 March 2012Supplement s 1 April 2012
5 April 201215 April 201220 April 2012
Trends of the Sakai FoundationA Financial Analysisy
6 March 2012
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
olla
rsAnnual Income and Expenses
The Sakai Foundation
IncomeExpense
($400,000)
($200,000)
$0
$200,000
$400,000
2006 2007 2008 2009 2010 2011
U. S
. D Net Income
144,007
438,704
229,657
275,889
110,690
252,160
200,000
300,000
400,000
500,000
olla
rsNet Income and End-of-Year Assets
The Sakai Foundation
(300,000)
(200,000)
(100,000)
0
100,000
2006 2007 2008 2009 2010 2011
U.S
. Do
Net IncomeAssets
25
17
15
20
25
30
mem
bers
term
inat
ing
the
year
Terminating MembershipsThe Sakai Foundation
2 2
6 6
0
5
10
2005 2006 2007 2008 2009 2010
Tota
l num
ber o
f mdu
ring
6
8
10
12
60,000
80,000
100,000
120,000
g m
onth
s us
ing
rese
rve
ate
in U
.S. D
olla
rsAnalysis of Foundation Viability
The Sakai Foundation
Monthly Burn-rateNumber of Months Turnaround
Projected
0
2
4
0
20,000
40,000
2006 2007 2008 2009 2010 2011 2012 2013
Num
ber o
f ope
ratin
g
Mon
thly
Bur
n-ra
Based on data from U.S. tax filings for each year calendar years 2006 through 2010, the financial statement for 2011 and proposed Sakai budget for 2012. Projections for 2013 were based on the projected 2012 rate of expenditures and the expected assets at the end of 2012. This assumes no additional members.
The total number of members terminating was based on the report �About Jasig Inc. and the Sakai Foundation,� 25 September 2011. These data do not include members added during the year.
Prepared by Jim Farmer6 March 2012
Supplement 1
Revised 1 April 2012
$150,000
$200,000
$250,000
$300,000
$350,000
Dol
lars
Annual Income and ExpensesJA-SIG Inc.
IncomeExpense
($50,000)
$0
$50,000
$100,000
$ ,
2005 2006 2007 2008 2009 2010 2011
U. S
. ExpenseNet Income
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
Dol
lars
Annual Income and ExpensesThe Sakai Foundation
IncomeExpense
($400,000)
($200,000)
$0
$200,000
$400,000
2006 2007 2008 2009 2010 2011
U. S
.
Net Income
137,173
119,592 120,524
180,152
158,166
221,941
150,000
200,000
250,000
olla
rsNet Income and End-of-Year Assets
JA-SIG Inc.
Net IncomeNet Assets
(50,000)
0
50,000
100,000
2005 2006 2007 2008 2009 2010 2011
U.S
. Do
144,007
438,704
229,657
275,889
110,690
252,160
100 000
200,000
300,000
400,000
500,000
Dol
lars
Net Income and End-of-Year AssetsThe Sakai Foundation
(300,000)
(200,000)
(100,000)
0
100,000
2006 2007 2008 2009 2010 2011
U.S
. D
Net IncomeAssets
6
8
10
12
15,000
20,000
25,000
mon
ths
usin
g re
serv
e
ate
in U
.S. D
olla
rsAnalysis of Corporate Viability
JASIG Inc.
Turnaround
0
2
4
6
0
5,000
10,000
2005 2006 2007 2008 2009 2010 2011
Num
ber o
f ope
ratin
g
Mon
thly
Bur
n-ra
Monthly Burn RateNumber of Months
6
8
10
12
60,000
80,000
100,000
120,000
mon
ths
usin
g re
serv
e
ate
in U
.S. D
olla
rsAnalysis of Foundation Viability
The Sakai Foundation
Monthly Burn-rateNumber of Months Turnaround
Projected
0
2
4
6
0
20,000
40,000
60,000
2006 2007 2008 2009 2010 2011 2012 2013
Num
ber o
f ope
ratin
g
Mon
thly
Bur
n-ra
$200,000
$250,000
$300,000
$350,000
nnua
l Rev
enue
Composition of Annual RevenueJA-SIG Inc.
MembershipConferenceTotal
$0
$50,000
$100,000
$150,000
2005 2006 2007 2008 2009 2010 2011
JA-S
IG A
n
Other revenue is included in Total Revenue
141,470
122 150
199,882 194,421
$150,000
$200,000
$250,000
U.S
. Dol
lars
Projected Net Income 2011-2012JA-SIG and SAKAI, and Apereo Assuming the Turnaround Stategy Continues
JA-SIG
Sakai
Apereo
These net income values are based on the difference between the separate projections of revenue and expenses.
Sakai values are based
58,411 72,271
122,150
$0
$50,000
$100,000
2011 2012
Net
Inco
me
in on Sakai's financial
statements for 2011 and the conservative budget projection made for 2012.
The JA-SIG values are based on a linear projection of 2006 through 2010. The Apereo values are the sum of the two.These projections will be revised if additional data becomes available.
0
100,000
200,000
300,000
. Dol
lars
Annual Net IncomeProjected for 2011 and 2012
(300,000)
(200,000)
(100,000)
2005 2006 2007 2008 2009 2010 2011 2012
U.S
JA-SIGSakaiApereo
JA-SIG data for 2011 and 2012 is projected from 2006-2010. Sakai 2011 data is based on financial statements; 2012 data based on the proposed budget.
25
17
15
20
25
30
min
atin
g du
ring
the
year
Terminating MembershipsThe Sakai Foundation
2 2
6 6
0
5
10
15
2005 2006 2007 2008 2009 2010Tota
l num
ber o
f mem
bers
term
Based on data from Sakai Foundation U.S. tax filings for each year calendar years 2006 through 2010, the financial statement for 2011 and proposed Sakai budget for 2012. Projections for 2013 were based on the projected 2012 rate of expenditures and the expected assets at the end of 2012. This assumes no additional Sakai Foundation members. Data for 2005 will be added if the Sakai Foundation filed a calendar year 2005 tax return..
JA-SIG annual IRS filings were used for 2005-2010. Data for 2011 were not yet available. Projected values for 2011 and 2012 were based on a linear projection from 2006-2010 IRS data,
The total number of members terminating was based on the report �About Jasig Inc. and the Sakai Foundation,� 25 September 2011. These data do not include members added during the year.
Prepared by Jim Farmer1 April 2012
Supplement 2
5 April 2012
The supplement:
To better understand the impact of the 2008 financial Meltdown, the response of both The Sakai Foundation was analyzed using the original data displayed from the perspective of each organizations strategic response. First the income and expenses were compared for this period. This was followed by a comparison from 2008 expressed as percentages of the 2008 data. The 2011 results are compared to show changes in revenue, expenses and net income.
From the original notes:
Based on data from Sakai Foundation U S tax filings for each year calendar years 2006 throughBased on data from Sakai Foundation U.S. tax filings for each year calendar years 2006 through 2010, the financial statement for 2011 and proposed Sakai budget for 2012. Projections for 2013 were based on the projected 2012 rate of expenditures and the expected assets at the end of 2012. This assumes no additional net Sakai Foundation members or loss.
JA-SIG annual IRS filings were used for 2005-2011. Projected values for 2012 were based on a linear projection from 2008-2011 IRS data. The JA-SIG data was first added 1 April 2012 and values for 2011 were added 4 April based on sections from the JA-SIG IRS tax filing for 2011.
The total number of members terminating was based on the report �About Jasig Inc. and the Sakai Foundation,� 25 September 2011. These data do not include members added during the year.
Prepared by Jim FarmerRevised 5 April 2012
Supplement 3
13 April 2012
100
120
140
160
artn
ers
Number of Sakai PartnersSakai Educational Partners Program
excluding Commercial Affiliates
ProjectedActual
0
20
40
60
80
2004 2005 2006 2007
Num
ber o
f P
$1,500
$2,000
$2,500
mbe
r in
U.S
. Dol
lars
Cost per New MemberSakai Education Partners Program
Projected Actual
$0
$500
$1,000
2004 2005 2006
Dire
ct c
ost p
er n
ew m
em
The supplement:
This provides information from the Sakai Educational Partners Program concerning the programs progress in meeting the goals from the original proposal made to, and accepted, by the William and Flora Hewlett Foundation.
From the original notes:
Based on data from Sakai Foundation U.S. tax filings for each year calendar years 2006 through 2010 the financial statement for 2011 and proposed Sakai budget for 2012 Projections for 2013 were2010, the financial statement for 2011 and proposed Sakai budget for 2012. Projections for 2013 were based on the projected 2012 rate of expenditures and the expected assets at the end of 2012. This assumes no additional net Sakai Foundation members or loss.
JA-SIG annual IRS filings were used for 2005-2011. Projected values for 2012 were based on a linear projection from 2008-2011 IRS data. The JA-SIG data was first added 1 April 2012 and values for 2011 were added 4 April based on sections from the JA-SIG IRS tax filing for 2011.
The total number of members terminating was based on the report �About Jasig Inc. and the Sakai Foundation,� 25 September 2011. These data do not include members added during the year.
Prepared by Jim FarmerRevised 13 April 2012
Supplement 4
16 April 2012
60
80
100
120
140
war
e Pr
oduc
ts D
eplo
yed
Jasig Registered Product Deployments
0
20
40
uPortal CAS Central Authentication Service
Bedeworks
Num
ber o
f Sof
tw
Based on lists of users from the Jasig software products web pages, 15 April 2012
126151413
9444
United StatesCanada
United KingdomFranceSpain
PolandSweden
Switzerland
Deployments of Jasig Software Products
333222
0 25 50 75 100 125 150
Hong KongMalaysia
NetherlandsDenmarkGermany
Japan
Total number of uPortal, CAS and Bedework deployments
High Deployment CountriesCountry Market Share Deployments
United States 57.8% 126
Canada 6.9% 15
United Kingdom 6.4% 14
France 6.0% 24.6% 13 + 58Spain 4.1% 9
Poland 1.8% 4
Sweden 1.8% 4
Switzerland 1.8% 4
Hong Kong 1.2% 3
Malaysia 1.2% 3
Netherlands 1.2% 3
As ranked France does not include the 58 reported developments of the ESUP Portail Consortium
60
80
100
120
140
160
egis
tere
d de
ploy
men
tsby
pro
duct
Registered Deployments of Jasig Software Products
ESUP DeploymentsJasig Deployments
0
20
40
60
uPortal CAS Central Authentication Service
Bedework Calendar
Num
ber o
f re b
Voluntary registration of deployment significant understates the actual deployments
Data on the current registered deployments of Jasig products by the ESUP Portail Consortium were taken from Listes des déploiements on the Consortium website at http://www.esup-portail.org/pages/viewpage.action?pageId=54722590.
The deployments are volunteered by users The data typically understates the actual deployments ItThe deployments are volunteered by users. The data typically understates the actual deployments. It is difficult to estimate the actual total or if the various counts have the same distribution of values that would permit a more accurate estimate. Some are omitted if the person who provides the information is not fully aware of what software products are being used.
Prepared by Jim Farmer16 April 2012
Supplement 5
20 April 2012
Expected Change in University Support2011 or 2012
Country Change NotesAustria 5.0% Decreases in 2012Belgium -2.8%Czech Republic -3.0%Finland 12.0%France 3.0%Germany 2 0%Germany 2.0%Ireland -6.0%Italy -20.0%Netherlands -20.0%Poland 5.0% Decreases in 2012Portugal -19.5%Spain -10.0%Switzerland 3.1%United Kingdom -40% less tuition increasesUnited States -10.7% Public institutions only
0%
20%
40%
60%
ange
sin
ce 2
007
Trends in Jasig Member and Revenues Since 2007
-60%
-40%
-20%
2007 2008 2009 2010 2011
Per
cent
cha
MembershipRevenueRevenue per memberConference revenue
30
40
50
60r o
f Mem
bers
Jasig Membership
0
10
20
2007 2008 2009 2010 2011
Num
ber
TotalAddedLost
3,571
3,086
3,591
4,043
2,657
$2 000
$2,500
$3,000
$3,500
$4,000
$4,500ge
in U
.S. D
olla
rsJasig: Average Membership Fees per Member
$0
$500
$1,000
$1,500
$2,000
2007 2008 2009 2010 2011
Annu
al A
vera
g
150
200
250
300nc
e A
ttend
ees
Jasig Conference Attendance: Early Years
0
50
100
2002 2003 2004 2005
Con
fere
n
14
25
51
2980
100
120
140
160
180
of D
eplo
ymen
tsDeployments of Jasig uPortal
OtherESUPUnited States
61
103
39
030
25
0
20
40
60
2002 2004 2011
Num
ber
ESUP was reported separately for 2004 and 2011. No records suggested ESUP deployedany portals in 2002. Data for 2011 were reported by Jasig Inc.
Historical data from the im+m eLibrary, JasigData on the current registered deployments of Jasig products by the ESUP Portail Consortium were taken from Listes des déploiements on the Consortium website at http://www.esup-portail.org/pages/viewpage.action?pageId=54722590.
The deployments are volunteered by users. The data typically understates the actual deployments. It is difficult to estimate the actual total or if the various counts have the same distribution of values that would permit a more accurate estimate. Some are omitted if the person who provides the information is not fully aware of what software products are being used.
Prepared by Jim FarmerRevised 20 April 2012
