ANNUAL BUDGET FOR THE ACADEMY OF DEVELOPMENT

FISCAL YEAR September 1-August 31

EXPENSES
Staff
Hourly Wage Weekly Wage Yearly Wage Total Cost
Employee 1 $18 $2,880 $34,560 $34,560
Employee 2 $18 $2,880 $34,560 $34,560
Employee 3 $18 $2,880 $34,560 $34,560
Employee 4 $18 $2,880 $34,560 $34,560
Employee 5 $18 $2,880 $34,560 $34,560
Employee 6 $16 $2,560 $30,720 $30,720
Employee 7 $16 $2,560 $30,720 $30,720
Employee 8 $16 $2,560 $30,720 $30,720
Employee 9 $16 $2,560 $30,720 $30,720
Employee 10 $15 $1,800 $21,600 $21,600
Employee 11 $15 $1,800 $21,600 $21,600
Employee 12 $15 $1,800 $21,600 $21,600
$360,480
Employee Benefits
Total Cost
Medicare 3,000
FICA 4.000
Health Insurance 3,400
Workman’s Compensation 4,800

$15,200
Staff Trainings
Number of Cost per person Number of Total
trainings people
First Aid 1 $35 11 $385
Professional 6 In house no cost
Development
Staff 3 $50 11 $450
Appreciation
$835
Supplies
# of Monthly # of items Cost per Total Cost
children Costs item
Craft Supplies 57 $300 $3,600
Program Supplies 57 $200 $2,400
(curriculum,pencils, crayons,
etc.)
Furniture Upkeep $150 $1,800
Games
ANNUAL BUDGET FOR THE ACADEMY OF DEVELOPMENT
FISCAL YEAR September 1-August 31
Outdoor Equipment (balls, 57 $200 $2,400
parachutes etc.)
Misc. Supplies $150 $1,800
$12,000
Building
Monthly Expense Total Cost
Rent/Mortgage $6,000 $72,000
Utilities $2,500 $30,000
Phone $200 $2,400
Insurance/Liability $1200 $14,400
$118,800
Travel
Cost per person # of people Total Cost
Field Trip 1 $25 20 $500
Field Trip 2 $25 20 $500
Field Trip 3 $25 20 $500
$1,500
Advertising
Total
Flyer Prints $100
Brochures $150
Advertisements $150
$400
Total Expenses.
$498,415
REVENUE
Grants and Donations
Amount
Grant 1 CACFP $5,000
Grant 2 Scholarships $3,500
Donations AKA Sorority $2,500
$11,000
Fundraising Events
Total Revenue From
Fundraising
Fundraiser 1 Candle Sale $400
Fundraiser 2 Car Wash $350

$750
Tuition
ANNUAL BUDGET FOR THE ACADEMY OF DEVELOPMENT
FISCAL YEAR September 1-August 31
Cost per child per Cost per child Number of children Total revenue
month per year per class from tuition
Room 1 $1,300 $15,600 8 $124,800
Room 2 $1,200 $14,400 12 $172,800
Room 3 $1,100 $13,200 14 $184,800
Room 4 $1,000 $12,000 13 $156,000
Room 5 $900 $10,800 20 $216,000

$854,400

Total Revenue $866,150

Income
$367,734