Personnel

Annual Total = $10,000.00    

(a)    Office staff - $0.00 for two workers each working 2000 hours annually.  This price point will need to increase to $60,000.00.  The value of our excellent staff is worth it.
(b)    Bruce’s ToolBox contractors – three workers = $10,000.00
(c)    Program activities Staff – $0.00 for 46 individuals who volunteer 3-63 days of their year for events.    This price point will need to increase to $69,000.00.  The value of our excellent staff is worth it.


Non-personnel

All other direct expenses--costs directly related to the project.
(a)    Gear Replacement/upkeep - $2300.00
(b)    Bruce’s ToolBox Material/Supplies - $17000.00
(c)    Event Food/Catering - $2700.00
(d)    Mission Airfare/Transportation – $6500.00
(e)    Medical supplies – $27,000.00
(f)    Event Printed media - $2500.00
(g)    Land purchase – 600 acres = $1.2M (one time purchase)
(h)    New warehouse built on land - $65,000.00 (one time purchase)


Overhead

Indirect expenses

Costs not directly attributable to the project, but necessary to sustain the project/organization.  All totals are annual figures.
(a)    Warehouse Rent (4000 square feet) – $15,000.000
(b)    Vehicle Maintenance (5 vehicles) - $12.000.00
(c)    Communications – $1200.00

 

Income information

Annual Total = $43,600.00
(a)    Support:

(i)    Cash gifts from supporters totals annually - $5,000.00
(ii)    In-kind (non-monetary) contributions totals annually

(1)    Equipment donations - $5,000.00
(2)    Tool donations - $3,000.00
(3)    Office supplies donations - $3,000.00
(4)    Printed Media – $2500.00

(b)    Revenue:  Income earned from program activities total annually

(i)    CST - $100.00
(ii)    CHALLENGE - $3,000.00
(iii)    MEHRST - $300.00
(iv)    SWET - $600.00
(v)    MISSIONS - $0.00
(vi)   Bruce’s ToolBox - $27,000.00
 

Shortfall

Each year the staff makes “just in time” donations at the events to cover needed expenses that the tuition does not cover.  This lack of funding needs to be reversed.  Just in time donations total $6500.00 per year.
(a)    Each year we have staff working for free.  This needs to be reversed.  Our annual staff budget needs to be set at $180,000.00
(b)    The Timothy Group requires a one-time donation of land and building priced at $2,265,000.00

Additional Financial Information

TOTAL ASSETS 94000.00

(i)    Vehicles

1)    1996 GMC P30 Step Van 5000
2)    1996 Kawasaki 4-Wheeler 1000
3)    RV 5000
5)    2000 Chevrolet C3500 Pick-up Truck 5000
6)    2001 Ford Van 1000
7)    2002 Blue Bird 42 Passenger Bus 5000

(ii)    Technical and Tactical Gear 6000

(iii)    Teaching Material (books, curriculum, supplies) 6000

(iv)    Building materials 3000

(v)    Construction tools 7000

(vi)    Financial accounts 50000 (checking, savings, loan)

TOTAL LIABILITIES 91000.00

Current Liabilities 30000.00 (warehouse rent, utilities, insurance)

Accounts Payable 20000.00 (contract labor, 
Accrued Expenses 28000.00 (Travel, medical and missions expenses, advertising, gifts, meals, fuel)
Custodial Accounts 13000.00 (facilities, gear and vehicle maintenance)

TOTAL LIABILITIES AND NET ASSETS $4000.00
Period Ending: September 30, 2017