Organizational Chart FLACS I, II, III First Year - Newyorkcharters.org

Family Life Academy Charter School 3PROJECTED BUDGET / OPERATING PLAN FOR YEAR ONEJuly 1, 2014 to June 30, 2015DESCRIPTION OF ASSUMPTIONSTotal Revenue 1,859,700 62,340 6,000 - 75,000 2,003,040Total Expenses 1,089,650 60,000 58,800 - 789,000 1,997,450Net Income 770,050 2,340 (52,800) - (714,000) 5,590Actual Student Enrollment 100 - 100Total Paid Student Enrollment 100 - 100PROGRAM SERVICESSUPPORT SERVICESREGULAREDUCATIONSPECIALEDUCATION OTHER FUNDRAISINGMANAGEMENT &GENERALTOTALEXPENSESADMINISTRATIVE STAFF PERSONNEL COSTS No. of PositionsExecutive Management 0 0 0 - principalInstructional Management 2.00 0 0 0 0 200,000 200,000 it coach / asst princDeans, Directors & Coordinators 0.00 0 0 0 0 -CFO / Director of Finance 0.00 0 0 0 -Operation / Business Manager 1.00 0 21,000 21,000 day to day finance worker including payroll and hrAdministrative Staff 3.00 0 0 0 84,000 84,000 day to day adminTOTAL ADMINISTRATIVE STAFF 6.00 - - - - 305,000 305,000INSTRUCTIONAL PERSONNEL COSTSTeachers - Regular 4.00 200,000 0 0 0 0 200,000 1 teacher per class for 4 classes @50K per teacherTeachers - SPED 1.00 50,000 0 0 0 50,000 1 x 50KSubstitute Teachers 0.00 0 0 0 0 -Teaching Assistants 4.00 104,000 0 0 0 0 104,000 1 ta per class for 4 classes @25K per taSpecialty Teachers 2.00 50,000 0 49,000 0 0 99,000 phys ed 50k and ell 50kAides 1.00 25,000 0 0 0 0 25,000 school aide $30KTherapists & Counselors 0.00 0 0 0 0 -Other 0.00 10,000 0 0 0 10,000TOTAL INSTRUCTIONAL 12.00 389,000 50,000 49,000 - - 488,000NON-INSTRUCTIONAL PERSONNEL COSTSNurse - - - - - -Librarian - - - - - -Custodian 2.00 55,000 - - - - 55,000 1 custodianSecurity 1.00 24,000 - - - - 24,000 1 security guardOther 1.50 49,000 - - - - 49,000TOTAL NON-INSTRUCTIONAL 4.50 128,000 - - - - 128,000SUBTOTAL PERSONNEL SERVICE COSTS 22.50 517,000 50,000 49,000 - 305,000 921,000PAYROLL TAXES AND BENEFITSPayroll Taxes - - - - - -Fringe / Employee Benefits 103,400 10,000 9,800 0 61,000 184,200 at 20% per including fica sui and benefitsRetirement / Pension 0 0 0 0 - match up to 3% on salaries estimate 25% of personnel participateTOTAL PAYROLL TAXES AND BENEFITS 103,400 10,000 9,800 - 61,000 184,200TOTAL PERSONNEL SERVICE COSTS 22.50 620,400 60,000 58,800 - 366,000 1,105,200CONTRACTED SERVICESAccounting / Audit 0 0 0 -Legal 0 0 0 0 0 -Management Company Fee 0 0 0 0 0 -Nurse Services 0 0 0 0 0 -Food Service / School Lunch 0 0 0 0 -Payroll Services 0 0 0 0 -Special Ed Services 0 0 0 0 -Titlement Services (i.e. Title I) 0 0 0 0 -Other Purchased / Professional / Consulting 40,000 0 0 0 0 40,000 consultantsTOTAL CONTRACTED SERVICES 40,000 - - - - 40,000SCHOOL OPERATIONSBoard Expenses 0 0 0 0 0 -Classroom / Teaching Supplies & Materials 35,000 0 0 0 0 35,000 Classroom / Teaching Supplies & MaterialsSpecial Ed Supplies & Materials 0 0 0 - Special Ed Supplies & MaterialsTextbooks / Workbooks 90,000 0 0 0 0 90,000 400 per studentSupplies & Materials other 0 0 0 0 -Equipment / Furniture 70,000 0 0 0 0 70,000 Desks and chairs for 100 students @ $210, desks for classroom teachersTelephone 0 0 0 5,000 5,000 500 per month 90 % erate reimbTechnology 75,000 0 0 0 75,000 erate reimb at 80% as some costs are not reimbursable wiring smartboardsStudent Testing & Assessment 8,500 0 0 0 0 8,500Field Trips 3,500 0 0 0 0 3,500 various tripsTransportation (student) 0 0 0 0 -Student Services - other 0 0 0 0 -Office Expense 21,000 0 0 0 0 21,000 postage copy paperStaff Development 10,000 0 0 0 0 10,000 conferencesStaff Recruitment 0 0 0 0 - advertisingStudent Recruitment / Marketing 0 0 0 0 - advertisingSchool Meals / Lunch 79,000 0 0 0 0 79,000Travel (Staff) 750 0 0 0 0 750 meetingsFundraising 0 0 0 0 - fundraisingOther 2,000 0 0 2,000 repay half of Start Right Loan 60,000 plus other items such as memberships to nyscsaTOTAL SCHOOL OPERATIONS 394,750 - - - 5,000 399,750FACILITY OPERATION & MAINTENANCEInsurance 18,000 0 0 0 0 18,000 all required insurance including property and D&O etcJanitorial 5,000 0 0 0 0 5,000Building and Land Rent / Lease 0 0 0 348,000 348,000 annual leaseRepairs & Maintenance 6,500 0 0 0 6,500 variousEquipment / Furniture 0 0 0 - lease copier machine 400 month (4800)Security 5,000 0 0 0 0 5,000 install security camerasUtilities 0 0 0 0 45,000 45,000TOTAL FACILITY OPERATION & MAINTENANCE 34,500 - - - 393,000 427,500DEPRECIATION & AMORTIZATION - - - - - -DISSOLUTION ESCROW & RESERVES / CONTIGENCY - - - - 25,000 25,000TOTAL EXPENSES 1,089,650 60,000 58,800 - 789,000 1,997,450NET INCOME 770,050 2,340 (52,800) - (714,000) 5,590