Finances

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=== Start-Up Costs ===
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{{OutOfDate}}
  
This section is for start-up costs (known or estimated). Story so far:
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'''The weekly [[:Category:Meeting Notes|meeting notes]] have more recent financial information than this page.'''
  
* Move-in cost for space : $4000
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=== Donation tracker ===
* Three months' rent reserve : $5925 at $1975/mo rent
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* Cost of incorporation as non-profit + 501c3 app : $2000
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* Initial insurance cost : $500 - $2500 per year
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* Initial cost for drinks to sell : ??
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* Initial cost for space improvements, making keys, etc. : ??
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* Noisebridge business Costco card : $50
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* Initial equipment costs : ??
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Estimate so far for start-up cost: $14475 + ??.  
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[http://cha-ching.noisebridge.net/ cha-ching.noisebridge.net] tracks donations to Noisebridge via PayPal. RSS and JSON feeds of recent donations are available.
 
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[[DavidMolnar]] ideally would like to see 2x whatever this estimated number is as
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starting capital, but that may be overkill.
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------
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=== Potential Income ===
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* [[Potential Sponsors]]
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=== Monthly Expenses and Dues ===
 
=== Monthly Expenses and Dues ===
  
Monthly expenses:
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'''[[Donate or Pay Dues| Click here for info on how to pay your Membership Dues]].'''
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<br>
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<br>
  
* $1975 rent
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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)
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** PG&E, insurance split over a year, ISP (water paid for by landlord)
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* $100 misc (toilet paper, juice, resistors)
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Expected Costs for buying drinks: ? (Check CostCo prices)
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{| border="0"
Expected Revenue from selling drinks: ? (Next number tells us what this is ; )
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! Typical monthly amount
Expected Profit from selling drinks: ~300-800$
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! Expense category
 
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! Notes
total $2100
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{| border="1" cellspacing="0" cellpadding="5"
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! number of members
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! monthly dues
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|-
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| 10
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| $210
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|-
+
| 20
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| $105
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|-
 
|-
| 40
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|$3,960.00
| $52
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|Rent
 +
|Up from $3600 last year
 
|-
 
|-
| 60
+
|$789.08
| $35
+
|Tor Project
 +
|Self-supporting but income is counted in our totals
 
|-
 
|-
| 80
+
|$526.18
| $30
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|Utilities
 +
|Will add more info.
 
|-
 
|-
| 100
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|$235.35
| $21
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|Accounting
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|Mostly CPA fees for dealing with the state
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|-
 +
|$192.33
 +
|Garbage & Recycling
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|Twice weekly pickup is more expensive
 +
|-
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|$189.29
 +
|Printing
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|T-shirts and stickers
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|-
 +
|$183.48
 +
|Insurance
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|An annual expense
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|-
 +
|$180.38
 +
|Internet
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|Monkeybrains and Sonic
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|-
 +
|$161.40
 +
|Water
 +
|SFPUC
 +
|-
 +
|$104.74
 +
|Bank Fees
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|Mostly paypal
 +
|-
 +
|$25.33
 +
|Misc
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|PO box, misc 2169 repair supplies
 
|}
 
|}
 
 
------
 
 
=== Committed So Far ===
 
 
Actual collected money (cash and checks) as of 12:50 9/30/08:
 
* $100 - David Fine (cash)
 
* $200 - Brian Ferrell  (cash)
 
* $100 - Jesse Zbikouski (cash)
 
* $500 - Andy Isaacson (check)
 
* $1000 - Rachel McConnell (check)
 
* $50 - Audrey Penven (check)
 
* $1000 - Jacob Appelbaum (cash)
 
* $1000 - David Molnar (check)
 
* $1000 - Al Billings (check)
 
* $100 - John Magolske (cash)
 
* $600 - Grey David (cash)
 
* $800  - Anonymous (cash - small unmarked bills)
 
* $500 - Greg Albrecht (cash)
 
* $500 - Matt Peterson (paypal - currently transferring)
 
* $50 - Benessa Defend (paypal - currently transferring)
 
* $500 - mindwarp (cash)
 
* $200 - Ed Hunsinger (paypal - currently transferring)
 
* $20 - Reid Kennedy (paypal - currently transferring)
 
* $500 - Shannon Lee
 
* $1000 - Mitch Altman
 
* $100 - Arram Sabeti (Cash)
 
* $100 - Anon (Check)
 
* $60 - Seth Schoen (Cash)
 
* $100 - Michael Kan (Cash)
 
* $40 - Shannon Clark (Cash)
 
 
Current total in the bank (assuming all checks clear): $10,120
 
 
Pledges as of 6pm on 9/26/08:
 
 
* $500 - Nate Lawson
 
* $500 - Andy Isaacson
 
* $200 - monochrom
 
 
Total promised but not delivered: $1200
 
 
Total pledged + delivered: $11,320
 
 
 
We previously had the following pledges (some partially fulfilled, edit as needed):
 
 
* [[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?
 
 
 
 
 
------
 
 
=== 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?).
 

Latest revision as of 01:40, 25 February 2014

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This article seems to be really old or very much out of date, and may contain wrong info.

Wiki-tip: You can check its history to see when it was last edited.

The weekly meeting notes have more recent financial information than this page.

[edit] Donation tracker

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

[edit] 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
Personal tools