Financial Roadmap
Community Funded
We have a plan to be fully funded by community support by Q4 of 2022. Our path from here to financial sustainability involves a combination of raising a minimum of $500K from crowdfunding and and launching monthly recurring donations in Q4 2021.
Q1 2021
Secure at least $500K in via IndieGogo Crowdfunding campaign
Q2 2021 - Q4 2022
Grow to 115K users and launch optional monthly donations in Q4 2021.
Financial Projections
Supporters $2/month
Sustainers $5/month
Catalysts $10/month
Investors $25/month
Sponsors $100+/month
3%
2%
1%
0.5%
TBD
Fundraising
Supporter
Sustainer
Catalyst
Investor
Sponsor
Mar 2021
$250,000
-
-
-
-
April 2021
$250,000
-
-
-
-
May 2021
-
-
-
-
-
June 2021
-
-
-
-
-
July 2021
-
-
-
-
-
Aug 2021
-
-
-
-
-
Sept 2021
-
-
-
-
-
Oct 2021
-
$450
$750
$750
$938
$750
Nov 2021
-
$540
$900
$900
$1,125
$900
Dec 2021
-
$648
$1,080
$1,080
$1,620
$1,080
2021
Ave Mo. FT Salary
$5,200
Ave Mo. PT
$2,600
# of FTE
# of PT/C
Salary & Overhead
Hosting
Loan Repayment
April 2021
5
3
$35,500
$2,650
$813.80
May 2021
5
3
$35,500
$2,800
$813.80
June 2021
5
3
$35,500
$2,950
$813.80
July 2021
5
3
$35,500
$3,100
$813.80
Aug 2021
5
3
$35,500
$3,250
$813.80
Sept 2021
5
3
$35,500
$3,400
$813.80
Oct 2021
5
3
$35,500
$3,550
$813.80
Nov 2021
5
3
$35,500
$3,700
$813.80
Dec 2021
5
3
$35,500
$3,850
$813.80
Total Monthly Revenue
Net Monthly Revenue
Net Income (running)
April 2021
$500,000
$461,037
$461,036
May 2021
-
($39,114)
$421,922
June 2021
-
($39,264)
$382,658
July 2021
-
($39,414)
$343,244
Aug 2021
-
($39,564)
$303,679
Sept 2021
-
($39,714)
$263,965
Oct 2021
$3,638
($-36,226)
$227,739
Nov 2021
$4,365
($35,649)
$192,090
Dec 2022
$5,238
($34,926)
$157,164
Last updated
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