|
Fiscal Year 2008 Organizational Budget
(projected)
| |
Revenue |
|
| Government |
US DOE, AmeriCorps, Supplemental
Educational Services (SES), and Community Development Block
Grant |
$563,950 |
| Foundations |
Committed from Atlantic Philanthropies, Riley,
Hestia, and State Street. Pending from numerous funders. |
$800,000 |
| Inkind |
Member time, space, materials, food. |
$600,000 |
| Individuals |
Direct mail appeal, major gifts, support from
board. |
$95,000 |
| Fees |
School fees, and fees for training. |
$47,500 |
| Corporate Sponsorships |
Underwriting local operations. |
$25,000 |
| |
Total Revenue |
$2,131,450 |
| |
|
|
| |
Personnel Expenses |
|
| Salaries |
Includes 9 full-time staff, 6 part-time staff,
and consultant fees. |
$581,000 |
| Stipends |
Includes stipends for Experience Corps members,
AmeriCorps members (activity coordinators), and VISTA members
(administrative support). |
$552,388 |
| Benefits and Personnel Taxes |
Includes FICA, health insurance for full-time
staff and full-time members. |
$143,500 |
| |
Subtotal Personnel |
$1,276,888 |
| |
|
|
| |
NonPersonnel
Expenses |
|
| Inkind Expenses |
Volunteer time, space, materials and food. |
$600,000 |
| Program Expenses |
Includes books, supplies, transportation,
training, and recruitment expenses. |
$73,530 |
| Facilities Expenses |
Includes central office space rent, new computer
hardware, utilities. |
$109,890 |
| Miscellaneous Expenses |
Includes postage, printing, insurance, bookkeeping,
fundraising, marketing, audit, and other office admin. costs. |
$60,250 |
| |
Subtotal NonPersonnel |
$843,670 |
| |
|
|
| |
Total Expenses |
$2,120,558 |
| |
Surplus/(deficit) |
$10,892 |
| |
Cost per Child (4,000 children) |
$530 |
|
