Finances

From Noisebridge
(Difference between revisions)
Jump to: navigation, search
(Start-Up Costs)
(Monthly Expenses and Dues)
Line 28: Line 28:
  
 
* $1975 rent  
 
* $1975 rent  
* $300 utilities (I'm TOTALLY making this up just to have a number, not even sure what all I mean it to include)
+
* $221.50 PG&E  
** PG&E, insurance split over a year, ISP (water paid for by landlord)
+
* $70.50 Comcast internet
 +
* $ ?? DSL internet
 
* $100 misc (toilet paper, juice, resistors)
 
* $100 misc (toilet paper, juice, resistors)
 +
* $200 drinks / month
 +
* - $200 for drinks /month in revenue
  
Expected Costs for buying drinks: ? (Check CostCo prices)
+
total monthly expense: ~$2367
Expected Revenue from selling drinks: ? (Next number tells us what this is ; )
+
Expected Profit from selling drinks: ~300-800$
+
 
+
total $2100
+
  
 
{| border="1" cellspacing="0" cellpadding="5"
 
{| border="1" cellspacing="0" cellpadding="5"
 
! number of members
 
! number of members
! monthly dues
+
! monthly to cover
 
|-  
 
|-  
 
| 10
 
| 10
| $210
+
| $236.70
 
|-  
 
|-  
 
| 20
 
| 20
| $105
+
| $118.35
 
|-
 
|-
 
| 40
 
| 40
| $52
+
| $59.18
 
|-
 
|-
 
| 60
 
| 60
| $35
+
| $39.45
 
|-
 
|-
 
| 80
 
| 80
| $30
+
| $29.58
 
|-
 
|-
 
| 100
 
| 100
| $21
+
| $23.67
 
|}
 
|}
  

Revision as of 14:21, 4 December 2008

Contents

Start-Up Costs

This section is for start-up costs (known or estimated). Story so far:

  • Move-in cost for space : $4000
  • Three months' rent reserve : $5925 at $1975/mo rent
  • Cost of incorporation as non-profit + 501c3 app : $2000
  • Initial insurance cost : ~$2300 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: $14475 + ??.

DavidMolnar ideally would like to see 2x whatever this estimated number is as starting capital, but that may be overkill.



Potential Income

Monthly Expenses and Dues

Monthly expenses:

  • $1975 rent
  • $221.50 PG&E
  • $70.50 Comcast internet
  • $ ?? DSL internet
  • $100 misc (toilet paper, juice, resistors)
  • $200 drinks / month
  • - $200 for drinks /month in revenue

total monthly expense: ~$2367

number of members monthly to cover
10 $236.70
20 $118.35
40 $59.18
60 $39.45
80 $29.58
100 $23.67



Committed So Far

Actual collected money (cash and checks) as of 23:00 10/7/08:

  • $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 - Reed 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)
  • $400 - Luiz Eduardo (paypal - currently transferring)
  • $80 - Justin 'J' Lynn - (Cash)
  • $500 - Bill Paul (check)
  • $50 - Daniela Steinsapir, (paypal - currently transferring)
  • $100 - Daniel Garcia, (paypal - currently transferring)
  • $100 - Noah Balmer (Cash)

Current total donated (assuming all checks clear): $11,350

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: $12,550


We previously had the following pledges (some partially fulfilled, edit as needed):




Opening a Bank Account

Noisebridge has incorporated and opened a bank account with Wells Fargo.

Personal tools