Editing Mo money...

We should start to outline what it will take a)get this place going b)keep this place going.

==In the bank==
See possible banks at [[Bank Account]]

==Expenses==
===Startup===
* '''$?''' Security deposit (dependent on location)
* '''$170''' (+$50 to expedite) Incorporating in the state of Maryland 
* '''$750?''' Filing for 501(c)3 status with the IRS (unsure on this number)
* '''$?''' Furniture (probably mostly donations)
* '''$?''' Equipment/tools (probably mostly donations/loans from members.)

===Operating===
A good rule of thumb would be to have 3 months operating in the bank at any given time.
* '''$600 - $2000''' Rent
* '''$100 - $450''' Utilities
* '''$60 annually''' PO Box (Post Office) '''$240 annually''' Small Mailbox @ UPS Store
** Boxes available at the [http://www.theupsstorelocal.com/1162/ UPS Store] on Lombard street that would give us a permanent street address
* '''$1000+ annually''' Insurance (to indemnify leadership & members). I found a quote of [https://www.fracturedatlas.org/site/faq/c/General+Liability/67 $350 and up for general liability] and [https://www.fracturedatlas.org/site/faq/q/Directors%20and%20Officers%20Insurance%20%28D%26O%29/414 $650 and up for D and O] (directors and officers) insurance annually.

==Revenue==

The most up to date revenue estimates are on [http://spreadsheets.google.com/ccc?key=tiC-_OGDpVnS0XOtdEYfhSg this spreadsheet].

=== Dues ===
Add your name here if you are willing to commit to being a member at this point. This will help us estimate our initial monthly revenues.  Put the maximum amount you would be willing to pay for dues in parenthesis after your name. This will help us find the sweet spot for monthly dues, which may end up being less than you're willing to pay!
* Jon Lesser ($75)
* Sylvia Chi ($50)
* Adam Bachman ($75)
* Kelly Egan ($100)
* Matthew Forr ($80)
* Mark Huson ($75)
* Steve Stowell ($75)
* Avery Boyce ($40)
* Matt Shirley ($40)
* David Cummings ($80)

==== Cost per member of potential operating costs per Month ====
{| cellpadding="10"
|-
! !! $600 !! $800  !! $1000 !! $1200 !! $1500 !! $2000
|-
| '''8''' || $75|| $100  || $125 || $150 || $188 || $250
|-
| '''10''' || $60  || $80  || $100 || $120 || $150 || $200
|-
| '''12''' || $50 || $67  || $83 || $100 || $125 || $167
|-
| '''15''' || $40 || $53  || $67 || $80 || $100 || $133
|-
| '''20'''|| $30 || $40  || $50 || $60 || $75 || $100
|-
| '''30'''|| $20 || $27  || $33 || $40 || $50 || $67
|}

=== Donations ===
If you are willing and able to make a donation to the Node, add your name here along with the amount. The donations will go to things like security deposit, incorporation fees, supplies, equipment, outreach, and other '''non-recurring costs'''. Donations will likely be tax deductible if we get our initial 501(c)(3) letter from the IRS this year.
* Jon Lesser ($500)
* Adam Bachman ($300)
* Kelly Egan ($300)
* Mark Huson ($300)
* Steve Stowell ($300)

=== Training/Education ===
Revenue from classes and specific vocational training.

=== Kits ===
Develop projects with "Make"-ability in mind, and provide retail parts-and-instructions kits.

== Useful links ==
* [http://www.meyerfoundation.org/whatwefund/nonprofit_sector_fund/cash_flow_loan/primer Cash flow]
=== Services for accepting Money ===
Member can conveniently go into credit card debt paying their dues thanks to these online services. All of these allow recurring billing, handle invoicing, etc. If we end up working with the Fusion Group, they might have their own methods for collecting money. 
* [https://payments.amazon.com/sdui/sdui/business?sn=paynow/subscription Amazon Simple Pay Subscriptions] is free through Sept. 2009, then costs 2.9% + $0.30 per transaction
* [https://www.paypal.com/us/cgi-bin/webscr?cmd=_wp-standard-overview-outside Paypal] costs 2.9% + $0.30 per transaction.
* [https://checkout.google.com/sell Google Checkout] costs 2.9% + $0.30 per transaction.