Revenue

ADMw
60 Students @ $5804 348,240
90 Students @ $5804 522,360
Federal Charter School Grant 215,000
Contributions 1,000 1,000
Reimbursements 750 750
Total Revenue 564,990 524,110
Expenditures
Payroll Expense
Administrative-Staff Review-Montessori Certification 5,000 7,500 1
Office Manager/Director 30,000 30,000
Teaching Staff 105,546 158,319 2
Classroom Assistants 60,000 90,000 3
Health nsurance 25,500 38,250 4
Other Fringe 1,500 2,250
PERS Employer (estimated 18%) 35,198 50,097 5
PERS Employee (employer paid 6%) 11,733 16,699 5
Payroll Taxes (.0765 + .025) Federal & State Rates 19,848 28,249
Staff Development 10,000 4,000 6
Substitutes 2,500 2,500
Total Payroll Expense 306,825 427,865
Operational Expense
Accounting & Payroll Services 7,500 7,500
Assessment & Testing 3,000 4,500
Audio Visual Eq 5,000 0 7
Audit & Tax Preparation Fees 6,500 6,500 8
Bank Service Charge 75 75
Classroom Supplies 2,500 2,800
Computers 10,000 2,000 9
Custodial 7,500 7,500
Dues & Subscriptions 600 600
Governing Board 250 250
nsurance 4,500 4,500 10
Furniture 25,000 0 11
Marketing 8,000 2,500
Misc 500 500
Postage and Mailing 1,750 1,750
Printing & Copier 3,500 3,500
Rent 25,000 25,000
Renovations 50,000 0 12
Repairs & Maintenance 1,500 1,500
Sequoia Montessori
Budget Projections
2012 & 2013
Year 1 Year 2 Reference
Supplies 3,500 1,000
Taxes and License 750 750 13
Telephone 1,000 1,000
Tech and nternet 2,000 1,000
Technology Software 1,200 750
Textbooks and Curriculum 60,000 1,200 14
Utilities 6,000 6,000
Total Operational 237,125 82,675
Net for Contingencies $21,040 $13,570 15
1. Person hired to do staff reviews and Montessori
Certification
2. Two teachers (MA, 106, Step 10) the first year,
three the second at $52,773 per teacher (PERS,
Health ns Payroll costs listed separate)
3. Two classroom assistants the first year, three the
second at $30,000 per assistant
4. District Health nsurance cost for 2010/11 $12,750
per licensed staff
5. Per Debre Hembre, Actuarial Analysis Section
Oregon PERS
6. Montessori training
7. nitial audio visual equipment purchase
8. Estimate from Grove Mueller Swank
9. nitial first year purchase and in year 2 updates
10. Liability nsurance estimate from Cathi Pham,
Beecher Carlson nsurance Agency, LLC (provider for
HSCS)
11. Estimated high (HSCS bought all new furniture for
155 students 5 years for under $20,000)
12. SM is hoping to secure a location that will require
little renovation which would make this estimate high
13. Nonprofit filings with Secretary of State and
Oregon Department of Justice
14. Estimate is over actual projection
15. There is some cushion for unexpected overages
Sequoia Montessori
Budget Projections
2012 & 2013
Year 1 Year 2 Reference