Springhouse Operating Budget 2022-2023 - copy to share for grants


1	Springhouse Budget 2022-2023 (Fiscal Year Starting July 1, 2022)
2
3	INCOME
4	Day School	$88,290	Our original target for this year was $120,000, but this reflects the amount that's been committed
5	Blue Ridge Passage	$7,000
6	Adult 2-Year Certificate Program	$12,000
7	Adult Fortification Courses	$10,000
8	Adult Cultural Design Programs	$8,000
9	Springhouse Downtown	$8,000
10	Fundraising: Give Local	$80,000
11	Fundraising: End of Year campaign	$35,000
12	Monthly Recurring Donations	$10,000
13	General Donations	$7,000
14	Directed Donation	$36,580
15	Grants	$92,100
16	Community Events	$4,000
17	Rental Income	$1,000
18	Investment Reduction	-$5,000
19	In-kind donation revenue line (building)	$34,800
20	TOTAL INCOME	$428,770
21
22	EXPENSES
23	People
24	Full-time Staff Salaries	$302,000
25	Part-time Staff Salaries	$12,000
26	Fica Tax	$25,120
27	Accounting Services/Tax Prep	$4,000
28	Directors and Officers Insurance	$3,000
29	Worker's Comp	$650
30	Fingerprinting/Criminal Background Check	$500
31	VA Unemployment Tax	$300
32	Professional Development	$1,343
33	People TOTAL	$348,913
34	Networking
35	Accreditation	$315
36	Nonprofit Fees	$200
37	Resource Management System	$4,400
38	Phone/Internet Service	$2,900
39	Communications and Development	$1,250
40	Memberships	$590
41	Donations to other organizations	$1,000
42	Networking TOTAL	$10,655
43	Program Materials
44	Insurance	$5,140
45	Day School Program Materials	$2,532
46	Apprenticeship Program Materials	$1,000
47	Adult Program Materials	$300
48	Blue Ridge Passage	$2,165
49	Agriculture Materials	$500
50	All-School Trips	$8,000
51	Community Events Expense	$1,550
52	Community Entrepreneurship Projects	$1,000
53	Downtown Program Materials	$500
54	Programs Materials TOTAL	$22,687
55	Building and Organizational Support (Facilities)
56	In-kind donation expense line (building)	$34,800
57	Utilities	$4,350
58	Building expenses	$1,500
59	Grounds Maintenance	$750
60	Office Supplies	$920
61	Quickbooks fees	$1,500
62	Accounting Supplies	$200
63	Postage	$600
64	Janitorial Supplies	$1,000
65	Rent for Town Art Space	$14,400
66	Directed Donation Expenses	$22,180
67	Vehicle Expenses	$1,000
68	Building & Organizational Support TOTAL	$83,200
69	TOTAL EXPENSE	$465,455
70
71	TOTAL REVENUE - TOTAL EXPENSE	-$36,685	We are working to close this deficit, but want the budget to reflect what we expect this year
72			This is a transitional year and we knew a balanced budget while maintaining program quality would be challenging