Financing
What happens to
the money?
As a non-profit organization, we pay attention to the sustainable and careful use of our financial resources. We do without fancy offices and expensive contracts.
We want to offer our contributors a fair remuneration, but we also make sure that we do not spend enormous sums.
This is because the majority of the money raised is to be used to make repairs free of charge and accessible.
In order to work transparently, we will and must prepare transparency reports that disclose how we do business. This allows us to track at any time whether we have achieved and implemented our self-imposed and externally imposed goals and ideas.
Our sources of income
Donate
Voluntary financial contributions from supporters who promote our mission and goal of enabling free repairs for consumer electronics across Europe.
Crowdfunding campaigns
Online collection campaigns on Startnext to finance our project to make repairs accessible to everyone free of charge.
Subsidies and grants
Financial support from government institutions or EU programs to promote our charitable goals and projects in the field of circular economy and e-waste reduction.
Sponsorship and partnerships
Financial or material support to companies and organizations that share our goals in exchange for visibility and recognition as a sustainable partner.
Membership dues
Regular contributions from extraordinary and ordinary members who want to support our work and take advantage of our free repair offer.
Fees for repairers
Low fees from repairers who want to join our network and benefit from networking with other qualified companies as well as the benefits of our platform.
Sale of services
Income from conducting repair courses and training to disseminate and improve consumer electronics repair knowledge and skills.
Product and company certifications
Fees for certifying products and companies that meet the sustainability and repairability standards set by ERA.
Other revenue
Income from events such as exhibitions, workshops, seminars or conferences organized by the association.
Use of
the funds
We would like to use the majority of our income to reimburse the repair costs.
70% of our revenue is used entirely to reimburse repair costs.
Personnel costs for employees; Cost of office supplies; Rental costs for office space as well as ancillary costs; IT infrastructure; Insurance costs; Bank charges; Meals; Travel/Travel Expenses
expenses for printing costs of advertising materials; costs for the organization of exhibitions and events; Spend on ads on digital platforms
expenditure on the development of training programmes and qualification courses for repairers; Costs for the issuance of corresponding certificates and qualifications
reserve fund (15% of the remaining expenditure) for unforeseen expenses or special projects; License fees or fees for the use of external services or software solutions; Costs for external services such as tax advisors or arbitrators