Revision as of 10:53, 21 April 2008

Income

Moneyz

Accounting

Click above link for official moneyness (vs. proposed moneyness). Not necessarily committed to using googledocs for accounting, but good for now.

Deposit Amounts

After looking at the numbers, the concept of 0% loan and borrowing from ourselves became counter-intuitive.

The deposits are now labeled as fully paid, $650 by myself, $150 by Kinsey, $50 from Greg, and $100 from the general fund.

If/When the $650 lease deposit gets returned, that money would be returned to me (jeff), and then I will put it back into the organization's general fund. Kinsey and Greg's money was over their monthly pledge, it will be returned to them to do with as they please.

Pledge Amounts

• Gregabyte $50/mo
• omegix $100/mo
• saratheneale $100/mo
• I-MOD $100/mo
• brimstone $200/mo
• strages $300/mo maybe more
• korc $100/mo
• JimShoe $10/mo

Ideal Fornotice Time

• omegix, $100 monthly, 0 time. $1200 up front: this time, 0 time. Next time, 3 months
• brimstone, 2-4 weeks
• saratheneale, $100 monthly, available immediately

Fund Raising

• Throw party. Charge at the door. Raise Roof... er... rent money.

Business Ideas

1. Start for-profit "cover" business that rents out a place, but only uses a small portion of it. The rest is used for the Make Shop.
   1. Coffee shop
      • Coffee-serving robot
      • Bring/brew your own coffee in the shop.
        • Have standard coffee around for free use in case no one brings anything.
          • #include <stdbeans.h> --Geezusfreeek 11:39, 28 March 2007 (CDT)
      • Elaborate Rube Goldberg machine
      • Open 24x7
        • Caters better to our high-wakefulness customers.
   2. CoLo place
      • Rent out bandwidth/serverspace.
        • Initial server hardware
          • processor
          • barebones system w/ psu, case, mobo, heatsink
          • hard drive
          • memory - we're getting two of these to start out with
      • Provide services for other businesses in the area.
        • Offsite backups
        • Data recovery
   3.  ! a Coffee Shop
      • Serves caffeinated beverages other than coffee.
        • Huntsville might have enough coffee shops already.
        • Strages knows a lot about such beverages.
      • Vending machines instead of people.
        • No reason why we can't have a robot serving Jolt!
        • No one has to be there all the time.
          • ie. we don't have to pay someone.
      • Open 24x7
        • Caters better to our high-wakefulness customers.
   4. Run a fab lab
      • Options for fabrication machines
        • Reprap
          • Cheap
          • Can't do certain shapes or models
        • Stereo Lithography
          • Any shape you want
          • May be slightly more expensive
        • Three fab machines would be nice so that we can have multiple parts building at a time
        • Fab machines that are not in use could be utilized by the group, or one could be dedicated to the group and be pulled into use if necessary
        • Homemade CNC machines/mill
   5. Multi-Touch Displays
      • If we can actually get a Multitouch screen working to show off, local businesses would probably pay good money for them.
   6. Photobooth rental
      • Wedding receptions
      • Birthday parties
      • Outdoor events
   7. PartsIsParts
      • Old parts, scavenged from donated or yard-sale-price bought items, disassembled and sorted
      • Gears, motors, casings, brackets, lasers, belts---anything that can be useful to a maker is taken out and organized.
      • JavanCo in Nashville is like this on a larger scale---old hardware bought at auction, catagorized and sold at markup.
      • Could offer a few dollars for old equipment (though no hazardous stuff), then disassemble it and sell the bits, like Wall Street corporations. Would be something for Conrad to do if he's bored. :) Markups could be 10-20 times easy.
      • Scrap metal can be taken periodically to the recycler on Triana.
2. SBA/Grant
   • Links to Grants and other info about SBA loans.
3. Patents
   • Everyone would need to check if their institution (UAH, Northrup Grumman, Digium) owns the rights to any patents their employee wins. Some companies do this. It's ass, but it would need to be addressed.

Budget

• • Need to divide deposits across 12 months to get disposable income.
    • For example, ($650 / 12) + $650 ~ $704 / mo for first year.
    • $850 - $704 = $146 for all other expenses
• Utilities (Electric and Gas) (need to talk to Hunts. Utilities about commercial security deposit amt)
• Internet $62/mo
• Liability Insurance (if needed) (should talk to Allstate about this)

Estimation

See Accounting Link Above

Utilities

• Huntsville Utilities: 256-535-1317
• Deposit amount is $300
  • Can this be waived / decreased if current utilities customer co-signs?

Internet

Comcast

• talked to Kelly at 601-982-1187 ext 1262344
• $250 installation fee
  • Installation fee is waived if we do a 2-3 year contract
    • If we close our organization or move to a new location that they can't support, we are not obligated to fufill the contract
  • $59/mo
• 6MB Down, 768kb UP
• Comes with 1 TV outlet activated for free basic cable
• If we need to contact Comcast for technical help (including changing MAC addresses) call: 1-800-316-1619
• The bill for this is being sent to the Treasurer's (jeff) house.

Knology

• Talked to Marie at 256-489-6419
• $61.95 /mo for commercial
  • 384k up, 6MB down
  • $99 installation fee
• alternatively, $91.95 /mo for commercial
  • 768kb up, 9MB down

HiWaay

• Colo Only
  • $200 setup bandwidth
  • $200 setup colo provisioning
  • $25 per U per month at ~4U a month
  • One Plan
    • $995 per 5mbit, $320 per mbit burst over, 10mbit
  • Another Plan
    • $166 per mbit up to and over 10mbit
• On site setup
  • Same bandwidth plans
  • $1700 per month for local loop
  • don't know about setup fees

Insurance

Allstate

• Talked to Jennifer at 536-5555
• $500 / Year
• $500 Deductible
• $20,000 coverage for damage / theft / other renter risks
• $2,000,000 coverage for liability (conrad cuts his hand off / JimShoe cuts Sara's foot off / etc)

Laura's Guy

• still waiting to hear back. contact info in We need a place

State Farm

• Contacted at 533-6868

Farmers

• Contacted at (256) 885-1884, awaiting return phone call to give them details on what we need
  • They're calling me back tomorrow morning. Omegix 17:04, 14 April 2008 (CDT)
  • quoted them $5-$7k worth of stuff, and $1-$2M dollar liability.
  • Farmers requested (and was sent) our budget. They needed a 12 forecast for their calculations.
    • I really hope they beat Allstate's offer, Allstate didn't require any of this stuff to give us a quote.

Charity Aspect

• Talk by Corydon, Starting Your Own Charity
• Bylaws

Filing with the State

• File with the State HERE, ASAP
• SOA Non-Profit Incorporation

Filing with the Federal Government

501c3

• Need to file Form 1023
• Emphasize Education as Goal
• We have 30 months to do this, as per Corydon
• Should have 4 years of Budget
• Anyone willing to fill out Part IV of Form 1023?
• Must appoint officers (pres, vp, sec, treas) for Part V of 1023
• 501c3 Supplementary