| A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | AA | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | INCOME | FY21 | FY 21 | FY22 | FY 22 | FY23 | FY23 | FY 24 | FY 25 | |||||||||||||||||||
2 | Budget | Actual | Budget | Actual | Budget | Actual | Budget | Budget | ||||||||||||||||||||
3 | Proposed | 6-30-21 | Proposed | Proposed | 5-17-2023 | Proposed | Proposed | |||||||||||||||||||||
4 | Development Income | |||||||||||||||||||||||||||
5 | 1 | Advocacy Support Appeal | $8,000 | $420 | $10,000 | $16,177 | $15,000 | $13,622 | $20,000 | $25,000 | Spring/Summer Fundraising Appeal (members and non-members) | |||||||||||||||||
6 | 3 | Board Gifts | $5,000 | $9,800 | $6,000 | $11,390 | $8,000 | $4,125 | $15,000 | $15,000 | We are working to increase board gifts | |||||||||||||||||
7 | 4 | Annual Appeal (members) | $20,950 | $33,492 | $24,000 | $19,013 | $28,000 | $16,465 | $50,000 | $62,500 | Member Fundraising Appeal. Mail and Call (Callathon) | |||||||||||||||||
8 | 5 | Direct Mail (non members) | $4,500 | $6,920 | $10,000 | $5,608 | $12,500 | $6,121 | $15,000 | $20,000 | Non-member fundraising appeal | |||||||||||||||||
9 | NEW | Corporate/Foundation | 0 | $50,000 | $65,500 | $7,500 | $65,000 | $10,000 | $10,000 | New line based on successful fundraising over past couple of years | ||||||||||||||||||
10 | Centennial Campaign | $8,810 | $25,000 | $2,020 | $0 | $3,000 | $0 | $0 | This campaign is over | |||||||||||||||||||
11 | 6 | General Fundraising | $5,000 | $5,216 | $5,000 | $2,833 | $6,200 | $2,888 | $5,000 | $5,000 | unsolicited & MAL donations over dues, | |||||||||||||||||
12 | 7 | Tributes/Memorial | $1,000 | $2,100 | $1,000 | $1,059 | $1,500 | $4,185 | $2,000 | $2,500 | ||||||||||||||||||
13 | 8 | Bequest | $1,000 | $0 | $0 | |||||||||||||||||||||||
14 | 8a | Fair Districts restricted funds | $11,741 | We do not expect more funds for this line | ||||||||||||||||||||||||
15 | 9 | Sub Total | $44,450 | $116,758 | $81,000 | $136,341 | $78,700 | $115,406 | $117,000 | $140,000 | ||||||||||||||||||
16 | ||||||||||||||||||||||||||||
17 | Dues & Member Participation | |||||||||||||||||||||||||||
18 | 10 | LL Insurance (General liability) | $3,000 | $3,200 | $3,200 | $3,100 | $2,700 | $2,800 | $0 | $0 | LL buy liability ins. at $100/year. I think LWVNJ should absorb this cost for locals OR offer more coverage at a higher cost (JB) | |||||||||||||||||
19 | 11 | Local League PMP | $30,475 | $22,494 | $25,600 | $26,337 | $26,500 | 25,894 | $41,469 | $0 | PMP due to LWVNJ from Local Leagues. In FY 25 the dues collection process shifts to US | |||||||||||||||||
20 | 12 | Membership dues that come to LWVNJ | $9,600 | $15,195 | $18,000 | $15,048 | $20,000 | 13,226 | $20,000 | $54,650 | 25: reflects the US collection and distribution of dues | |||||||||||||||||
21 | 13 | NJ Convention | $10,000 | $5,428 | $0 | $0 | $10,000 | $5,933 | $0 | $15,000 | 100 attendees at $150. expenses NJ line 46 | |||||||||||||||||
22 | 14 | Sub Total | $53,075 | $46,317 | $46,800 | $44,485 | $59,200 | $47,853 | $61,469 | $69,650 | ||||||||||||||||||
23 | ---- | Wares | 0 | 0 | 0 | 0 | ||||||||||||||||||||||
24 | Office Costs Reimbursed by EF | |||||||||||||||||||||||||||
25 | 15 | Office Costs from Operations | $103,755 | $141,177 | $298,162 | $278,911 | $322,766 | $268,267 | $415,774 | $476,707 | 80% NJ line 42. % based on time sheets | |||||||||||||||||
26 | 16 | Pres., Bd. & Comm. Reimb. | $250 | $0 | $350 | $197 | $600 | $90 | $1,750 | $1,750 | 50% NJ line 51 | |||||||||||||||||
27 | 17 | Development Costs Reimb | $4,455 | $11,671 | $4,500 | $5,844 | $6,300 | $5,955 | $12,000 | $13,500 | 60% NJ line 28 & 29 % based on 3 yr average of income raised. WE need to calculate if that calculation remains accurate | |||||||||||||||||
28 | Civic engagement | $0 | $22,096 | |||||||||||||||||||||||||
29 | 18 | Annual Appeal LL share Reimb. | $0 | $0 | $0 | $0 | $0 | Combined with line 17 | ||||||||||||||||||||
30 | 19 | Communications & Marketing | $2,600 | $1,524 | $2,500 | $1,793 | $2,000 | $1,071 | $2,500 | $2,500 | 50% NJ line 50. | |||||||||||||||||
31 | PPP Loan | $5,149 | ||||||||||||||||||||||||||
32 | 20 | LWVUS Convention/Council | $0 | $0 | $1,000 | $908 | $1,000 | $432 | $3,250 | $5,000 | 50% line 47 | |||||||||||||||||
33 | 21 | Sub Total | $111,060 | $181,617 | $306,512 | $287,653 | $332,666 | $275,815 | $435,274 | $499,457 | ||||||||||||||||||
34 | Restricted fund | $5,304 | ||||||||||||||||||||||||||
35 | TOTAL INCOME | $208,585 | $344,692 | $434,312 | $468,479 | $470,566 | $439,074 | $613,743 | $709,107 | |||||||||||||||||||
36 | ||||||||||||||||||||||||||||
37 | EXPENSE | |||||||||||||||||||||||||||
38 | ||||||||||||||||||||||||||||
39 | Administration Expense | |||||||||||||||||||||||||||
40 | 22 | Audit & 990 preparation | $7,000 | $4,000 | $6,000 | $7,600 | $6,500 | $10,000 | $10,000 | $12,500 | Audit cost is paid out of EF and NJ. See EF line 25 The EF audit costs more | |||||||||||||||||
41 | 23 | Bank Charges | $100 | $180 | $100 | $20 | $100 | $0 | $100 | $100 | ||||||||||||||||||
42 | 24 | Filing Fees, Reports, . | $180 | $0 | $200 | $0 | $200 | $183 | $200 | $200 | Charity registration $150 & Corporate annual report $30 | |||||||||||||||||
43 | 25 | Insurance | $3,500 | $11,543 | $3,000 | $5,079 | $3,000 | $10,754 | $5,000 | $5,000 | Complicated calculation | |||||||||||||||||
44 | 26 | Sub Total | $10,780 | $15,723 | $9,300 | $12,699 | $9,800 | $20,937 | $15,300 | $17,800 | ||||||||||||||||||
45 | ||||||||||||||||||||||||||||
46 | Development Expense | |||||||||||||||||||||||||||
47 | 27 | Advocacy Campaign | $2,100 | $4 | $3,500 | $4,073 | $4,000 | $4,008 | $6,000 | $7,000 | Supplies, printing & mailing. One mailing each year NJ only | |||||||||||||||||
48 | 28 | Annual Appeal & Direct Mail | $3,700 | $3,600 | $4,000 | $6,934 | $7,000 | $5,319 | $10,000 | $10,000 | Both campaigns done at same time--total cost for supplies, printing, mailing. Includes bulk mail permit | |||||||||||||||||
49 | 29 | Annual Appeal LL Share | $3,600 | $3,071 | $3,500 | $2,806 | $3,500 | $4,518 | $10,000 | $12,500 | LL who contact members for the Annual Appeal receive a % of dollars they raise Calculate 10% of total revenue expected | |||||||||||||||||
50 | 30 | EveryAction/Paypal Fees | $1,200 | $2,238 | $2,500 | $1,936 | $3,000 | $3,698 | $4,000 | $4,000 | costs associated with credit card payments to NJ, expect growth in online giving, plus DEV Every Action | |||||||||||||||||
51 | General Development | 3,000 | 3,500 | NEW LINE: Stewardship Cost | ||||||||||||||||||||||||
52 | 31 | Sub Total | $10,600 | $8,913 | $13,500 | $15,749 | $17,500 | $17,543 | $33,000 | $37,000 | ||||||||||||||||||
53 | ||||||||||||||||||||||||||||
54 | Office Expense | |||||||||||||||||||||||||||
55 | 32 | Accounting Services | $9,000 | $9,220 | $11,000 | $14,277 | $14,000 | $12,477 | $20,000 | $20,000 | Bookkeeper and payroll company. These costs are increasing | |||||||||||||||||
56 | 33 | Internet Services | $1,300 | $1,235 | $1,500 | $1,350 | $1,600 | $1,069 | $2,000 | $2,000 | ||||||||||||||||||
57 | 34 | Office Supplies | $3,500 | $5,482 | $3,500 | $4,582 | $3,500 | $5,875 | $7,500 | $7,500 | general supplies + copier contract $300/25,000 copies + postage meter lease ($1,950) | |||||||||||||||||
58 | 35 | Postage | $100 | -$506 | $500 | $294 | $500 | $113 | Line absorbed into office supplies | |||||||||||||||||||
59 | 36 | Telephone | $2,300 | $1,545 | $1,800 | $1,758 | $1,000 | $1,455 | $1,800 | $2,000 | Voice Logistics | |||||||||||||||||
60 | 37 | Salaries - Regular | $129,255 | $182,715 | $285,000 | $285,315 | $314,220 | $272,285 | $368,905 | $421,230 | 7 employees with 3% increases | |||||||||||||||||
61 | Salaries minus restricted | -18750 | -25000 | Some salaries are paid out of restricted funds | ||||||||||||||||||||||||
62 | PPP Loan salary | $7,356 | One time payment | |||||||||||||||||||||||||
63 | 38 | FICA - Employer | $9,888 | $14,451 | $21,803 | $22,216 | $24,038 | $21,056 | $28,221 | $32,224 | 7.65% payroll line | |||||||||||||||||
64 | 39 | Unemployment & Disability - Employer | $1,300 | $4,980 | $10,000 | $12,886 | $11,000 | $7,593 | $21,385 | $24,001 | FUTA-fed. unemployment & NJUC-NJ unemployment & disability | |||||||||||||||||
65 | 40 | Employee Health Insurance | $15,730 | $10,276 | $36,000 | $29,169 | $32,000 | $26,345 | $72,900 | $94,080 | ||||||||||||||||||
66 | 41 | Workers Comp Insurance | $650 | $613 | $1,600 | $777 | $1,600 | $856 | $1,000 | $1,000 | ||||||||||||||||||
67 | 41a | Pandemic payment one time | -$23,985 | |||||||||||||||||||||||||
68 | 41b | Retirement Benefits | $2,500 | $14,756 | $16,849 | 4% calculation: 3% match plus extra for admin/employee resources | ||||||||||||||||||||||
69 | 42 | Sub Total | $173,023 | $239,867 | $372,703 | $348,639 | $403,458 | $349,124 | $519,717 | $595,884 | ||||||||||||||||||
70 | ||||||||||||||||||||||||||||
71 | 43 | Rent | 14,500 | 14,500 | 14,500 | 14,500 | 14,500 | 13,292 | 14,500 | 14,500 | EF owns the building, NJ pays rent for space,equipment | |||||||||||||||||
72 | ||||||||||||||||||||||||||||
73 | Programs & Member Services | |||||||||||||||||||||||||||
74 | 44 | Advocacy Lobbyists/Coalitions | $1,300 | $2,300 | $2,000 | $15,349 | $2,000 | $4,156 | $2,300 | $2,300 | $575 per registered lobbyist -- we will have several | |||||||||||||||||
75 | 45 | Fair Districts | $1,000 | $0 | $0 | $0 | $0 | $0 | ||||||||||||||||||||
76 | 46 | LWVNJ Council/Convention | $9,000 | $596 | $0 | $0 | $10,000 | $5,160 | $0 | $20,000 | income NJ line 13 | |||||||||||||||||
77 | 47 | LWVUS Convention/Council | $0 | $0 | $2,000 | $1,816 | $2,000 | $1,644 | $6,500 | $10,000 | partial help with registration costs for board member represention or one staff | $2,000 reflects 2 people to Council | ||||||||||||||||
78 | 48 | Membership Services | $1,000 | $201 | $1,000 | $96 | $500 | $45 | $2,500 | $2,500 | support for local Leagues Invest more resources here if we are going to grow membership | |||||||||||||||||
79 | 49 | Pass Through Dues to LL | $1,900 | $4,700 | $4,000 | $4,080 | $4,100 | $4,250 | $5,000 | $0 | Members who join at LWVNJ level & affiliate with a LL or state admin LL NJ line 12. 25% The pass through is really just the SALLS - the LLs that come through are a wash and aren't calculated on the income or expense side even though they appear in the budget | |||||||||||||||||
80 | 50 | Communications & Marketing | $5,200 | $3,048 | $5,000 | $3,586 | $4,000 | $2,142 | $5,000 | $5,000 | Visibility on social media, Includes Every Action software $2,200 | |||||||||||||||||
81 | 51 | Pres Board and Committees | $500 | $0 | $700 | $393 | $1,200 | $181 | $3,500 | $3,500 | Reimbursement for out of pocket expenses when invoiced $500 added for Presidential travel expenses. | |||||||||||||||||
82 | Fair Districts | $3 | ||||||||||||||||||||||||||
83 | 54 | Sub Total | $19,900 | $10,845 | $14,700 | $25,323 | $23,800 | $17,578 | $24,800 | $43,300 | ||||||||||||||||||
84 | Restricted funds | $26,015 | ||||||||||||||||||||||||||
85 | TOTAL EXPENSES | $228,803 | $289,848 | $424,703 | $416,910 | $469,058 | $418,474 | $607,317 | $708,484 | |||||||||||||||||||
86 | ||||||||||||||||||||||||||||
87 | Net gain (loss) | -$20,218 | $54,844 | $9,609 | $51,569 | $1,508 | $20,600 | $6,426 | $623 | |||||||||||||||||||
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