Our Facebook Page | Submit News Tips | Contact Us
HSJ Online - The next generation of news for Hope, Indiana | Hope, IN
  


20170404 Filler Banner Ad

home : about us : about hsj online June 22, 2017

4/10/2016 7:40:00 AM
2015 Annual report: Finances of HSJ Online
About David Webster
David is a member of the Heritage of Hope Media Division committee that oversees HSJ Online. He also writes our popular Duck Ponderings column.
David Webster


At the April 8th first annual meeting for HSJ Online, David Webster presented a review of the finances and goals for HSJ Online. Here is what David touched on:

2015 HSJ Online Business Review: Numbers for Our First Year of Existence

Note: HSJ Online is not-for-profit and under the Media Division of Heritage of Hope.



The people behind the scenes:

  • 15 People Who Devoted Time In Helping

  • 3 Others Who Gave Extremely Valuable Advice (Legal, Website, & Financial)

  • 4 Advisory Committee Members Providing Multiple Experiences



    The donations:

  • 2 Matching Grants: $10,000 (Tim Andrews) + $5,000 (Hawcreek-Flat Rock Endowment) = $15,000

  • 1 Town of Hope Economic Development Income Tax grant: $2,000

  • 22 Others Making Donations From $40 to $3,500): $11,990

  • 1 smaller monthly check from an individual each month that adds up during the year

  • 1 substantial check from an individual's charitable trust)



    The advertising:

  • 8 Short-Term Ads: $340

  • 4 Long-Term Ads: $1,160



    Income totals:

  • $30,490 Received In 2015 Toward Operating HSJ Online



    Expenses:

  • 1 Hosting Site: $600 (6 Months Gifted)

  • 2 Staff Members: Content Coordinator $7,800 & Business Coordinator $1,950 = $9,750

  • 2 Freelance Writers: $375 + $225 = $600

  • 1 Graphic Artist: $30

  • 4 Small Orders of Office Supplies (Checks, Business Cards, Envelopes, Stamps, P O Box): $99.59

  • 2 HSJ Online Ads: Heritage Days $500 & Hauser Athletic Program $70 = $570

    Note: Such monies come through our advertising efforts, not donations.



    Expenses total:

  • $11,649.59 HSJ Online Operating Expenses For 2015



    Remainder:

  • $18,840.41 Starting Balance For 2016



    2016 adopted budget:

  • $14,040 Anticipated Budget For 2016



    Goals for 2016

  • To continually focus on visibility, credibility, and reliability

  • To add staff for more coverage

  • To be more active in seeking advertisers

  • To increase site numbers by 25%

  • To maintain a $10,000 balance through donations and advertising

    Related Stories:
    • HSJ Online celebrates first year, financial achievements



  • Advanced Search

    <June>
    SMTWTFS
            1 2 3
    4 5 6 7 8 9 10
    11 12 13 14 15 16 17
    18 19 20 21 22 23 24
    25 26 27 28 29 30  







    Copyright 2017 HSJ Online
    P.O. Box 21
    Hope, Indiana 47246
    (812) 565-2291



    Software © 1998-2017 1up! Software, All Rights Reserved