Advocates for Legal Equal Access will be set up as an Oregon nonprofit organization, qualifying for 501C(3) status.
2.1 Start-up Summary
Advocates for Legal Equal Access will incur the following start-up costs:
- Three networked computers, including one printer and one CD-RW drive, a DSL connection with a DSL router.
- Three desks and chairs, all purchased at a used furniture store for increased value.
- Assorted office supplies.
- Stationary.
- Website development fees. The website will be primarily used for visibility with corporations and law firms to further the sense of legitimacy of the organization.
| Start-up Funding |
| Start-up Expenses to Fund |
$200 |
| Start-up Assets to Fund |
$9,800 |
| Total Funding Required |
$10,000 |
|
|
| Non-cash Assets from Start-up |
$4,700 |
| Cash Requirements from Start-up |
$5,100 |
| Additional Cash Raised |
$0 |
| Cash Balance on Starting Date |
$5,100 |
| Total Assets |
$9,800 |
|
|
|
|
|
|
| Liabilities |
|
| Current Borrowing |
$0 |
| Long-term Liabilities |
$0 |
| Accounts Payable (Outstanding Bills) |
$0 |
| Other Current Liabilities (interest-free) |
$0 |
| Total Liabilities |
$0 |
|
|
| Capital |
|
|
|
| Planned Investment |
|
| Al |
$10,000 |
| Donor 2 |
$0 |
| Other |
$0 |
| Additional Investment Requirement |
$0 |
| Total Planned Investment |
$10,000 |
|
|
| Loss at Start-up (Start-up Expenses) |
($200) |
| Total Capital |
$9,800 |
|
|
|
|
| Total Capital and Liabilities |
$9,800 |
|
|
| Total Funding |
$10,000 |
| Start-up |
|
|
| Legal |
$0 |
| Stationery etc. |
$200 |
| Other |
$0 |
| Total Start-up Expenses |
$200 |
|
|
| Cash Required |
$5,100 |
| Other Current Assets |
$0 |
| Long-term Assets |
$4,700 |
| Total Assets |
$9,800 |
|
|
| Total Requirements |
$10,000 |