Finances: Difference between revisions

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=== Start-Up Costs ===
=== Donation tracker ===


This section is for start-up costs (known or estimated). Story so far:
[http://cha-ching.noisebridge.net/ cha-ching.noisebridge.net] tracks donations to Noisebridge via PayPal. RSS and JSON feeds of recent donations are available.
 
* Move-in cost for space : $4000
* Three months' rent reserve : $6000 at $2000/mo rent
* Cost of incorporation as non-profit + 501c3 app : $2000
* Initial insurance cost : $500 - $2500 per year
* Initial cost for drinks to sell : ??
* Initial cost for space improvements, making keys, etc. : ??
* Noisebridge business Costco card : $50
* Initial equipment costs : ??
 
Estimate so far for start-up cost: $14550 + ??.  
 
[[DavidMolnar]] ideally would like to see 2x whatever this estimated number is as
starting capital, but that may be overkill.
 
 
------
 
=== Potential Income ===
* [[Potential Sponsors]]


=== Monthly Expenses and Dues ===
=== Monthly Expenses and Dues ===


SWAG at monthly expenses:
'''[[Donate or Pay Dues| Click here for info on how to pay your Membership Dues]].'''
<br>
<br>


* $2k rent (nets ~1k sq ft)
Over the past year, our monthly income has been averaged $4,600, while our monthly expenses are estimated to be $6,550 going forward. Unless something changes soon, '''we will be bankrupt in August'''. The following is an approximate breakdown of our monthly expenses:
* $300 utilities (I'm TOTALLY making this up just to have a number, not even sure what all I mean it to include)
** PG&E, Water? (shared w/ NoStarch?), trash/recycling, insurance split over a year, ISP (I recommend sonic.net)
* $100 misc (toilet paper, juice, resistors)


Expected Costs for buying drinks: ? (Check CostCo prices)
{| border="0"
Expected Revenue from selling drinks: ? (Next number tells us what this is ; )
! Typical monthly amount
Expected Profit from selling drinks: ~300-800$
! Expense category
 
! Notes
'''Q.''' (by [[DavidMolnar]] editing w/o logged in): Is this realistic? metalab clears this much, but assuming we can come out of the gate and obtain the same revenue seems optimistic.<br/>
|-
'''A.''' Yeah, 300$ is very realistic - that's like 8 drinks per day sold at a $1.2 profit. Our initial calculations were without drinks too because we didn't believe it. But we had huge sales really quickly. People tend to drink a lot while hanging around at a Hacker Space. --[[User:Enki|Enki]] 12:33, 18 January 2008 (PST)
|$3,960.00
 
|Rent
total $2100
|Up from $3600 last year
 
|-
{| border="1" cellspacing="0" cellpadding="5"
|$789.08
! number of members
|Tor Project
! monthly dues
|Self-supporting but income is counted in our totals
|-  
|-
| 10
|$526.18
| $210
|Utilities
|-  
|Will add more info.
| 20
|-
| $105
|$235.35
|Accounting
|Mostly CPA fees for dealing with the state
|-
|$192.33
|Garbage & Recycling
|Twice weekly pickup is more expensive
|-
|$189.29
|Printing
|T-shirts and stickers
|-
|$183.48
|Insurance
|An annual expense
|-
|-
| 40
|$180.38
| $52
|Internet
|Monkeybrains and Sonic
|-
|-
| 60
|$161.40
| $35
|Water
|SFPUC
|-
|-
| 80
|$104.74
| $30
|Bank Fees
|Mostly paypal
|-
|-
| 100
|$25.33
| $21
|Misc
|PO box, misc 2169 repair supplies
|}
|}
------
=== Committed So Far ===
We have collected the following money:
* $221 at meeting, held by Mitch Altman
Total in hand: $221
We have the following pledges:
* [[DavidMolnar]] up to $150/mo and $1500 start-up
* [[User:Arcanology | Al Billings]] up to $150/mo and $500 start-up.
* [[User:Matt | Matt]] up to $100/mo and $500 start-up.
* [[User:Adi | adi]] up to $500/mo for 6 months, $300/mo ongoing, and $1000 start-up.
* [[User:Ioerror| JakeAppelbaum]] up to $500/mo for 6 months, $300/mo ongoing, and $1000 start-up.
* [[NateLawson]] at least $100/mo and $500 start-up
* [[User:Marc | marc]] up to $250/mo and $500 start-up
* [[User:Avidd | Davidfine]] $40/mo and my time
* [[User:maltman23 | Mitch]] up to $150/mo and $500 start-up.
* [[User:Rachel | Rachel]] $150/mo ongoing, $1000 startup.
* [[User:AlSweigart | Al Sweigart]] $30/mo and $150 start-up.
* [[User:Noahbalmer | Noah Balmer]] $100/mo
* [[mainyu]] $800 startup, ??? monthly
* Others?
Total pledged: $2220/mo, $7150 start-up
------
=== Opening a Bank Account ===
Once we incorporate, we will open a bank account.
Anyone interested in making bank recommendations, please contact your favorite bank(s), and add you info about the bank on this page: [[Bank Choices]].  We will choose a bank from these recommendations (at the next meeting?).

Revision as of 11:53, 13 March 2013

Donation tracker

cha-ching.noisebridge.net tracks donations to Noisebridge via PayPal. RSS and JSON feeds of recent donations are available.

Monthly Expenses and Dues

Click here for info on how to pay your Membership Dues.

Over the past year, our monthly income has been averaged $4,600, while our monthly expenses are estimated to be $6,550 going forward. Unless something changes soon, we will be bankrupt in August. The following is an approximate breakdown of our monthly expenses:

Typical monthly amount Expense category Notes
$3,960.00 Rent Up from $3600 last year
$789.08 Tor Project Self-supporting but income is counted in our totals
$526.18 Utilities Will add more info.
$235.35 Accounting Mostly CPA fees for dealing with the state
$192.33 Garbage & Recycling Twice weekly pickup is more expensive
$189.29 Printing T-shirts and stickers
$183.48 Insurance An annual expense
$180.38 Internet Monkeybrains and Sonic
$161.40 Water SFPUC
$104.74 Bank Fees Mostly paypal
$25.33 Misc PO box, misc 2169 repair supplies
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