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Jesse Putnam, Eco Encore
Wednesday, 26 Feb 2003
SEATTLE, Wash.
Sales are usually strong after Eco Encore gets a significant donation -- especially one that includes CDs, as they sell better than other items. We have not had a large donation of CDs for over a week, so the rate of sales is beginning to slow a tad. A welcome reprieve from the packing tape! I have to spend a good part of today preparing budget numbers for our next board meeting. I'll be meeting with our treasurer, Owen Rogers, next week to go over the numbers and settle on a Q2 budget that the board will be happy with. Both Owen and I (and the board) feel that one of the line items needing a significant increase is the one dealing with salary. At the moment Eco Encore is pretty much volunteer-run (I'm getting about $100 per month in this start-up phase), and that's according to plan; we want all of our expenses to be covered by earned income. We are not doing our start-up according to the "dot.com" model (gaining investors, loans, grants to cover a large budget). We are instead making sure that all of our costs are covered by earned income. This is a challenge primarily because the majority of the money we bring in is then given away to our recipient environmental organizations. That's the whole point, after all -- to raise money for good environmental groups. Of course we need to cover our expenses so a small part of what we take in is used to cover our basic costs (we're proud to have under 10 percent administrative costs -- that means over 90 percent for our program!). The key to our success is a manageable increase in donations and sales; at some point this will lead to a reasonable salary for the director and perhaps an additional staff person as well.
The Eco Encore board.
This day will bring a slight divergence in mission (although I see it as all connected) as I plan on joining thousands of people across the country in a virtual march on Washington to oppose war with Iraq. I am scheduled to make calls in the early afternoon to my two senators and the White House. But I may not make the latter call, as I doubt they listen much to what we have to say. |
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