[Finance] Introductions?

Lokkju Brennr lokkju at gmail.com
Tue Jul 13 19:10:48 CEST 2010


Yup, and to summarize, the IRS has announced it will not come out this
year - it has "been delayed due to software issues".  And it looks
like reg fees are now $850...

Loki

On Tue, Jul 13, 2010 at 9:58 AM, Jeff Cotten <omegix at gmail.com> wrote:
>
> Hey Loki, this thread may have some interesting info for you on the price of
> the 501c3 application.
>
> http://lists.hackerspaces.org/pipermail/finance/2010-June/000000.html
>
> When the Cyber Assistant does come out, it's supposed to significantly
> decrease the application fee ($200?).
>
> ~Omegix
>
>
>
>
> On Tue, Jul 13, 2010 at 3:06 AM, Lokkju Brennr <lokkju at gmail.com> wrote:
>>
>> I'm Loki, from BrainSilo in Portland, OR.
>>
>> We've only been around for about 6 months, and we're currently just a
>> state registered non-profit corporation.  We're planning on going for
>> 501(c)(3) status ASAP, but the $700 is a large layout for us - more
>> than our rent.  Right now our finances are pretty much just a
>> spreadsheet, since all income is donations, and our only real expense
>> is rent (which includes utilities).  Other misc stuff, such as our
>> internet and supplies is just provided by individual members.
>>
>> My major intrest right now is ideas for keeping a space paying for
>> itself - either through member's fees, donations, or corporate/trust
>> funding.  We're staying above water because of a couple people
>> carrying most the financial load, which isn't the best situation.
>>
>> Loki // brainsilo.org
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>
>
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