CouchSurfing International, Inc.
Income and Expense Statement
2008
|
|
Income & Expense Statement January 1 - December 31, 2008
|
|
Income
|
4000 • Contributed support
donations including verifications
|
|
779,537.95
|
5310 • Interest-banking
bank related interest
|
|
1890.31
|
5400 • Earned Revenues - Other
any revenue earned from sources other than donations and interest
|
|
1793.23
|
5490 • Non Inventory Sales Commission
merchandise sales
|
|
688.68
|
|
Total Income
|
|
783,910.17
|
|
Expenses
|
7200 / 7550 • Salaries, Temporary Contracting, & Related Expenses
salary for hired staff, contracted staff and related expenses
|
|
117,580.57
|
7250 • Payroll Taxes
taxes related to payroll
|
|
19,858.75
|
7260 • Payroll Fees
payroll service fees
|
|
1,863.88
|
7520 • Bookkeeping Fees
bookkeeping related fees
|
|
5,380.12
|
7525 • Bank Service Fees
bank charges and fees including card processing, PayPal, and wire transfer charges
|
|
46,863.83
|
7530 • Legal Fees
attorney fees, legal services, legal filing and processing
|
|
14,666.16
|
7540 • Other Professional Fees
misc. professional fees which are not in the categories of legal, bank or bookkeeping
|
|
3657.27
|
8110 • Office Expense / Supplies
office supplies, business cards, computer supplies IE: software, batteries,memory. It can also include household supplies as needed, light bulbs, paper towels, etc
|
|
19,165.71
|
8111 • Verification Supplies
supplies related to verifications including printing
|
|
5,957.70
|
8120 • Donated Material / Supplies
donated supplies or materials such as refrigerators, bicycles or office supplies
|
|
744.79
|
8130 • Telephone & Communications
phones, Internet messaging, Internet connections, wireless communications
|
|
6553.17
|
8140 / 8141 /8150 • Postage, Shipping, Delivery and Mailing Services
postage for mailing verification letters, shipping for any packages, use of mailing automation services
|
|
30,632.13
|
8160 / 8195 • Servers: Equipment, Internet, Host Fees
renting and maintaining servers, image/data hosting, web services, domain name charges
|
|
80,170.16
|
8170 • Printing and Copying
printing and copying including letterhead and business cards
|
|
1919.45
|
8200 • Rent, Utilities, Repairs and Maintenance
rent/occupancy, utilities for housing, storage, parking, office space or any repair to or in a rented space
|
|
126,495.56
|
8300 • Travel & Meeting Expenses
local transport, auto, fuel, air travel, visas, expenses related to traveling to a meeting
|
|
89,820.27
|
8330 • Meals & Groceries
meals and groceries for full time collective attendees
|
|
37,684.68
|
8520 • Insurance - non employee
insurance (not employee related) - usually professional liability, auto or travel
|
|
24,504.00
|
8540 • Staff Development
staff development including training, courses and team building activities
|
|
12,136.88
|
|
Total Expense
|
|
645,655.88
|
|
Net Income
|
|
Total Income
|
|
783,910.17
|
|
Total Expense
|
|
645,655.88
|
Total Net Income
|
|
138,254.29
|
|
Moved to Emergency Fund (see notes) |
|
100,000.00
|
|
Remaining Operating Funds at years end
|
|
38,254.29
|
Description of Accounts
CS has based its Chart of Accounts on the United Way's Universal Chart of Accounts. Included is a description of each account type that we use. The number in to the left is the tax form and line of the form where these accounts are recorded.
Notes
-
Emergency Fund
CouchSurfing has established and will maintain a fund in the event of an emergency. The goal of the fund is to provide for 3 months of operating expenses.
-
Not Yet Finalized
The category totals on this page are not yet finalized and will have minor changes -- due to reclassification of expenses -- by the time CouchSurfing files its tax documents in April. At that time, this page will be updated with final numbers and this notice will be removed.
|
