This site was archived on 24 April 2012. No new content can be posted. The mailing list remains online and the site will stay in this archived state for the forseeable future. If you find any technical errors on the site, please contact Callum.



Tag Archive for 'mismanagement'

CS 2008 Finances

Today I noticed that the CouchSurfing 2008 finances have been updated for the whole year. I whipped up a graph to show where the money goes.

cs-financials

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.