CALTA Financial Report

 2009-2010 actual

 

 2009-2010 budget
 

TOTAL

per member

(774)

  

TOTAL

per member

(750)

   Opening Balance beginning of season

   $  5,498

       $ 7.10

      in reserve

  

   $  5,498

       $7.33

      in reserve
   Dues Revenue

   $ 19,350

   (774 members)

$ 25.00

  

   $ 18,750

   (750 members)

$ 25.00

 Total Funds Available 

             (Dues + Reserve )

   $  24,848

$ 32.10

     $ 24,248

$ 32.33
 Expenses:          
    Web Site    $   ( 893) $ ( 1.15)      $  (1,500) $ ( 2.00)
    Administrative Expenses (a)    $  (1,293) $ ( 1.67)      $  (1,500) $ ( 2.00)
    Luncheon Subsidy (c)    $  (8,112)  $( 10.48)      $ (10,000) $ ( 13.33)
    Prizes for Winning Teams    $  (2,183) $ ( 2.82)      $   (1,500) $ ( 2.00)
   Gifts for each member **    $  (5,129) $ ( 6.63)      $  (4,000) $ ( 5.33)

   Junior Recognition Program (d)      

   $  (2,000)   

 $ ( 2.58)

  

   $  (2,000)   

 $ ( 2.67)
 Total Uses of Funds   $ (19,610)

$ (25.33)

      $ (20,500)

$ (27.33)
             

 End-of-Season Balance

(Total Funds Available

less Total Uses of Funds)

    $ 5,238 (b)

   

      $6.77

    in reserve

 

      $ 3,748 (b)

      $5.00

   in reserve

 

(a) "Administrative Expenses" consists of paper, office supplies, copying, refreshments at the annual captains' meeting, member name tags, and administration of the Junior Recognition Program.

(b) The Board considers it desirable to maintain a reserve of at least $3,000 for any unforeseen expenses -- including the possibility of  having to pay for the services of a computer programmer for match scheduling and/or web site  maintenance (both currently provided  at no charge).  

(c) The cost of food and drinks at the luncheon is fully funded by cost to attend.  The subsidy budgeted from dues covers room charges, door prizes, centerpieces, decorations,  wrapping/paper supplies and police services.

(d) The 2010 Junior Recognition Program announced 32 awards totaling $9,400 -- $2,000 allocated from dues and the rest donated at the luncheon in  May.

** In 2010 the Board made the decision to exceed the amount budgeted for member gifts.  To commemorate CALTA's 10th Anniversary, each member received a CALTA digital carabiner watch.