I pledge to you that the USASF staff will be fiscally responsible as we move forward, and I thank all of our hundreds of volunteers, the NACCC, the Rules Committee, the NAB, the Sanctioning Committee, all of our Standing Committees and all of our event producers for their efforts on behalf of our organization and the services we aspire to provide not only our members, but the thousands of coaches and athletes who participate in All Star Cheerleading and Dance.
Jim Chadwick
Chairman
|
| USASF Finances ending in December 2010 |
|
2010 |
| Revenue |
|
|
| Membership Dues |
$ |
332,811 |
| Services (regional mtgs, coaches' conference, credentialing) |
$ |
336,396 |
| Sponsorship |
$ |
87,815 |
| Income from World Championship |
$ |
665,070 |
| TOTAL |
$ |
1,422,091 |
| Expenses |
|
|
| Member Program Expenses |
$ |
527,812 |
| Member Specific Services (IT, NACCC, Regional Mtgs) |
$ |
328,428 |
| Administrative |
$ |
172,085 |
| Total Operating Expenses |
$ |
1,028,325 |
| Overage |
$ |
393,766 |
| Debt Paydown |
$ |
(287,808.00) |
| Less: increase to prepaids/AR |
$ |
(80,281.00) |
| Plus: increase in AP/customer's deposits |
$ |
116,700.00 |
| Less: fixed asset purchase (net of depreciation) |
$ |
(42,253.00) |
| Net decrease in cash |
$ |
100,124 |
| Add Back: cash on hand at 12/31/09 |
$ |
51,267.56 |
| Cash on hand at 12/31/10 |
$ |
151,391 |
| USASF Finances ending in December 2009 |
|
2009 |
| Revenue |
|
|
| Membership Dues |
$ |
250,677.88 |
| Services (regional mtgs, coaches' conference, credentialing) |
$ |
493,062.98 |
| Sponsorship |
$ |
116,000.00 |
| Income from World Championship |
$ |
590,274.41 |
| TOTAL |
$ |
1,450,015.27 |
| Expenses |
|
|
| Member Program Expenses* (See Footnote Below) |
$ |
592,352.08 |
| Member Specific Services (IT, NACCC, Regional Mtgs) |
$ |
183,799.86 |
| Administrative |
$ |
315,619.79 |
| Total Operating Expenses |
$ |
1,091,771.73 |
| Overage |
$ |
358,243.54 |
| Debt Paydown |
$ |
(391,202.00) |
| Less: 2009 increase to inventory/prepaids/AR |
$ |
(125,882.00) |
| Plus: increase in AP/customer's deposits |
$ |
92,901.00 |
| Less: fixed asset purchase (net of depreciation) |
$ |
(11,407.00) |
| Net decrease in cash |
$ |
25,269.46 |
| Add Back: cas on hand at 12/31/08 |
$ |
76,537.56 |
| Cash on hand at 12/31/09 |
$ |
51,267.54 |
| USASF Finances ending in December 2008 |
|
2008 |
| Revenue |
|
|
| Membership Dues |
$ |
239,693.63 |
| Services (regional mtgs, coaches' conference, credentialing) |
$ |
492,579.50 |
| Sponsorship |
$ |
20,000.00 |
| Income from World Championship |
$ |
700,795.51 |
| TOTAL |
$ |
1,453,068.64 |
| Expenses |
|
|
| Member Program Expenses* (See Footnote Below) |
$ |
693,475.04 |
| Member Specific Services (IT, NACCC, Regional Mtgs) |
$ |
202,899.07 |
| Administrative |
$ |
219,033.97 |
| Total Operating Expenses |
$ |
1,115,408.08 |
| Overage |
$ |
377,660.56 |
| Debt Paydown |
$ |
(230,279.00) |
| Less: 2008 increase to inventory/prepaids/AR |
$ |
(81,629.00) |
| Plus: increase in AP/customer's deposits |
$ |
48,633.00 |
| Less: fixed asset purchase (net of depreciation) |
$ |
(11,407.00) |
| Net increase in cash |
$ |
62,978.56 |
| Add Back: cas on hand at 12/31/07 |
$ |
13,558.00 |
| Cash on hand at 12/31/08 |
$ |
76,536.56 |
* Member Program Expenses
Credentialing, Rules, educational information and Services, Membership Promotional Items, & Printing
|
