We have a lot of money to raise. Our start-up costs are budgeted at $122,156. That’s a lot of money, but let’s look at why that is.
We are a non-profit. Non-profit start-ups typically have a small sum to raise when they are first getting off the ground, and the amount needed increases as they grow.
Purple Door Coffee is a non-profit, but our model is more business based, and so we have a large sum to raise in order to open as a business. Once that money is raised we can open our doors and begin generating revenues which will decrease the amount of money that we need to raise with each sale.
We have a goal of being fully self-sustaining after three years of being open. There is beauty in this model. The amount we have to raise now is large, but in the long run this model provides sustainability to our ministry–which is very exciting.
Once we begin having a surplus of funds we hope to be able to take those funds and use them to serve the same population in a new way.
Our $122,156 figure is a big, and it is sometimes difficult to see past it. We are very intentional about maintaining a long term view of the ministry we are engaging in. While we hope to reduce this number through donations of equipment, furniture, labor, etc., this is the amount needed if we were to purchase and pay for every item and service in the process. And in the long run, this is a very reasonable number.
We have raised just over $16,000 of this initial start up cost. We still have a long way to go, but we are so thankful for those who have bought into this mission and vision of Purple Door Coffee and have shown that through financial gifts.
If you are interested in partnering with us as we journey towards helping our friends establish life off the streets click here to see how to donate.
Please contact us if you have questions about our model or our budget.