Difference between revisions of "Mo money..."
From Baltimore Node Wiki
Jump to navigationJump to search (Created page with 'We should start to outline what it will take a)get this place going b)keep this place going. ==Startup expenses== * '''$170''' (+$50 to expedite) Incorporating in the state of …') |
|||
| Line 1: | Line 1: | ||
We should start to outline what it will take a)get this place going b)keep this place going. | We should start to outline what it will take a)get this place going b)keep this place going. | ||
| + | |||
| + | ==In the bank== | ||
==Startup expenses== | ==Startup expenses== | ||
* '''$170''' (+$50 to expedite) Incorporating in the state of Maryland | * '''$170''' (+$50 to expedite) Incorporating in the state of Maryland | ||
| − | * '''$?''' Filing for 501(c)3 status with the IRS | + | * '''$750?''' Filing for 501(c)3 status with the IRS (unsure on this number) |
* '''$?''' Furniture (probably mostly donations) | * '''$?''' Furniture (probably mostly donations) | ||
| + | * '''$?''' We should have some basic equipment on hand for people to use and for workshops. | ||
==Operating expenses== | ==Operating expenses== | ||
| + | A good rule of thumb would be to have 3 months rent in the bank at any given time. | ||
* '''$?''' Rent & utilities | * '''$?''' Rent & utilities | ||
* '''$?''' PO Box | * '''$?''' PO Box | ||
Revision as of 19:57, 1 July 2009
We should start to outline what it will take a)get this place going b)keep this place going.
In the bank
Startup expenses
- $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)
- $? We should have some basic equipment on hand for people to use and for workshops.
Operating expenses
A good rule of thumb would be to have 3 months rent in the bank at any given time.
- $? Rent & utilities
- $? PO Box
- $? Insurance (to indemnify leadership & members)
Revenue
- $? Membership fee ($50, $75, $100?)
- ?
