On Thu, Jul 16, 2009 at 9:01 AM, rachael spiewak <rachael@sopobikes.org> wrote:

Hi, everyone.

Gotta bookkeeping question for you. How do you keep track of your in kind donations, especially used items? Do you log every item? How do you assign value? Help me finish this sentence:

The annual cost of stocking Awesome Bike Co-op's community bike repair shop is $X. Funding sources and amounts include:
$X - self-generated funds
$X - foundation funds
$X - in kind donations

I can assign numbers to everything but the in kind donations because we haven't tracked them, and a grant application is asking for this information. It looks like it would be good practice anyway. On the other hand, donations kind of come and go. People drop off handlebars and pick up a saddle with a total lack of formality. Should we exclude trades and stick only to the more formal donations (a box of parts, for example)? It would be easiest to restrict it to bike donations.

Thoughts?

Thanks!
Rachael

--
Sopo Bicycle Cooperative
404-425-9989
www.sopobikes.org
* * * * * * * * * * * * * * *
Hours of operation:
Tues, Wed, & Thurs 7 pm - 10 pm
Sat & Sun 2 pm - 6 pm

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