Employee related expenses account for 62.8% of total expenses. In that figure I’ve included salaries, tax, payroll fees, rent, travel, food, and staff development. Admin expenses includes anything not in hosting / verification. Hosting is server costs plus telephone / communication. I suspect most of the telephone / communication expenses belong in Employees, but I left it there to be on the safe side. Finally, verification, the source of 99% of the income, costs only 6% of total expenses. I included printing and mailing in the verification cost.

The numbers are:

Employees: $405′440.59
Admin Expenses: $116′901.33
Hosting costs: $86′723.33
Verification: $36′589.83

It costs more than $400k to staff CS Inc with how many employees? Five? That would be a cost of $80k per person per year.

Hopefully this helps to understand where the money goes.