Expenses Summary

From the business plan.  Please keep in mind that these are very rough estimates.  Anything seem to be missing?


Due to the direct service nature of the program, the majority of The Schooba Academy’s expenses for the first year are payroll expenses (approximately 60%).

The following table outlines the annual expenses The Schooba Academy will need in order to operate for the year of 2011.

Annual Expenses FY 2011
Payroll $33,600
Marketing/Promotion $1,200
Rent $12,000
Utilities $1,200
Insurance $6,000
Other $2,400
Total Operating Expenses $56,400

Break-even Analysis

According to these estimates, if The Schooba Academy is to break even, it will need to generate a monthly revenue of $4,700.  The Schooba Academy plans to generate approximately 10% of its operating expenses from its Earned Income.  Consequently, using a conservative 8% ($376), The Schooba Academy will need to secure $4,324 a month from Government/Public Funding, Private Giving, and Fundraising Events.


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