Projected Expenses: Year 2019
|
FREE Fundraising
May - September:
Inaugural Toke Celebration: $4,775,000.00 Brand Partnerships and Sponsorships: $2,000,000.00 Totals: $6,775,000.00 |
FREE Social Enterprises
FREE Construction: $0.00
FREE Commercial Cannabis: $0.00 Sub Contracting Employment Aggregator: $199,500.00 Total: $199,500.00 |
|
Salaries
Administration
CEO - Dylan Hood: $0.00 Executive Director (LCSW/MBA): $80,000.00 Volunteer coordinator: $26,000.00 Social Media Team: $120,000.00 Book-keeper: $20,000.00 Administrator Assistant: $40,000.00 Director of Events - Kelly Witkowski: $87,500.00 Total Executive Salaries: $373,500.00 |
Employee Expenses
FICA, FUTA, Workman's comp and Medicare (0.08): $29,880.00
Health insurance incl. vision(633): $75,960.00 Vision extra (10): $1,200.00 Dental (45): $5,400.00 Life insurance (33): $3,960.00 403b contribution (0.05) on salary: $18,675.00 ADP payroll services: $1,080.00 Total Employee Expenses: $136,155.00 Total Staff and Employee Expense: $509,655.00 |
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Other Expenses
CEO Travel Expenses: $36,400.00
CEO - American Airlines Lounge pass: $450.00 Mentor / Volunteer Coordinator Travel Expense: $10,000.00 Legal fees - Iran: $12,000.00 Accounting - ORBE: $12,000.00 D&O Insurance: $1,828.00 loan repayment to Dylan Hood incl.interest 3% ($400,000) over 12 months: $200,000.00 CEO monthly housing exp. NYC: $75,000.00 CEO vehicle expense: $7,500.00 July Board of Trustees meeting - NYC: $57,527.95 Total Other Expenses: $412,705.95 One-time Expenses: Furniture: $0.00 Inaugural Toke Celebration: $2,607,515.00 Total: $2,607,515.00 |
Programming / Social Enterprise Expense
GHAPP / Vet Help: $580,668.00
FCC - Start -up capitalization exp. CWIP - Children with Incarcerated Parents - cost per drop-in center: $1,215,535.00 FREE Construction - start-up: $52,791.00 Total Programming Expense: $1,848,994.00 Grand Total Expenses: $2,837,906.95 Prudent Reserve (3%): $85,137.21 GRAND TOTAL: $2,923,044.16 |
Projected Expenses: Year 2020
|
FREE Fundraising
May - September:
Inaugural Toke Celebration: $4,775,000.00 Brand Partnerships and Sponsorships: $2,000,000.00 Totals: $6,775,000.00 |
FREE Social Enterprises
FREE Construction: $0.00
FREE Commercial Cannabis: $0.00 Sub Contracting Employment Aggregator: $199,500.00 Total: $250,500.00 |
|
Staff Expense
Administration
CEO - Dylan Hood: $0.00 Executive Director (LCSW/MBA): $80,000.00 Volunteer coordinator: $52,000.00 Social Media Team: $240,000.00 Book-keeper: $20,000.00 Administrator Assistant: $40,000.00 Director of Events - Kelly Witkowski: $80,000.00 Total Executive Salaries: $512,000.00 |
Employee Expenses
FICA, FUTA, Workman's comp and Medicare (0.08): $40,960.00
Health insurance incl. vision(633): $75,960.00 Vision extra (10): $1,200.00 Dental (45): $5,400.00 Life insurance (33): $3,960.00 403b contribution (0.05) on salary: $25,600.00 ADP payroll services: $1,080.00 Total Employee Expenses: $154,160.00 Total Staff and Employee Expense: $666,160.00 |
|
Other Expenses
CEO Travel Expenses: $36,400.00
CEO - American Airlines Lounge pass: $450.00 Mentor / Volunteer Coordinator Travel Expense: $10,000.00 Legal fees - Iran: $12,000.00 Accounting - ORBE: $12,000.00 D&O Insurance: $1,828.00 loan repayment to Dylan Hood incl. interest 3% ($400,000) over 12 months: $200,000.00 CEO monthly housing exp. NYC: $0.00 CEO vehicle expense: $0.00 Total Other Expenses: $284,678.00 One-time Expenses: Furniture: $0.00 Inaugural Toke Celebration: $2,607,515.00 Total: $2,607,515.00 |