missed some financials

[raceright]

Association
Nov '06 - Aug 07 Nov '05 - Aug 06
Income
201 · Full Racing 301,045.00 301,466.00
202 · Guest Pit Passes 0.00 0.00
203 · Junior Class 4,795.00 5,350.00
204 · Single Event 12,870.00 11,812.50
205 · Additional Registration 10,485.00 9,960.00
207 · Special Events 13,705.00 12,840.00
211 · Officials - Crew 42,225.00 43,800.00
212 · Patron Members 225.00 450.00
214 · Class Boat Fees 0.00 0.00
215 · Club Members 13,370.00 13,010.00
217 · Associate Members 8,355.00 9,225.00
218 · Class Entry Fees / $20.00 0.00 0.00
219 · Class Entry Fees / $50 0.00 0.00
222 · IE Promo Fund 0.00 0.00
225 · Appeal Protest & Fine Income 0.00 0.00
251 · Sanction Fees 95,235.00 83,565.00
252 · Sanction Late Penalty 1,050.00 750.00
253 · Circular Mailing Fees 9,041.00 8,839.00
255 · Special Events Sanction Fees 10,450.00 11,000.00
261 · Propeller/Web Advertising 30,016.00 33,742.00
262 · Kids Crew 130.00 210.00
264 · Rule Book Sales 2,030.00 1,775.00
271 · Credit Card Proceeds 5,507.48 6,026.64
281 · Interest Income 22,655.98 14,431.62
282 · Sales of Merchandise 19,565.20 13,692.40
286 · Annual Meeting / HOC 33,780.00 40,985.00
287 · Miscellaneous Income 6,923.84 7,821.93
290 · GC Lease Income 1,050.00 1,200.00
Total Income 644,509.50 631,952.09
Gross Profit 644,509.50 631,952.09
Expense
311 · Supplies 3,824.43 4,614.58
312 · Postage & Computer 1,841.30 2,839.59
331 · Propeller/Web 32,164.95 39,133.33
332 · 2'nd Class Postage 9,441.08 10,183.59
333 · Rule Book 5,459.86 5,233.49
389 · Regional Budget
372 · Reg. 2 Expense 0.00 400.00
374 · Reg. 4 Expense 839.24 608.95
375 · Reg. 5 Expense 1,168.11 0.00
376 · Reg. 6 Expense 180.96 1,829.98
377 · Reg. 7 Expense 1,027.97 912.32
380 · Reg. 10 Expense 1,111.86 868.42
381 · Reg. 11 Expense 731.06 579.60
382 · Reg. 12 Expense 770.46 500.00
384 · Reg. 14 Expense 0.00 300.00
Total 389 · Regional Budget 5,829.66 5,999.27
390 · Activity Budget Acct
392 · Inboard - Activity Expense 1,714.54 1,576.51
394 · Modified - Activity Expense 0.00 821.40
396 · OPC - Activity Expense 1,052.00 0.00
398 · Stock - Activity Expense 2,357.34 1,510.44
400 · R/C Model Activity Expense 50.00 159.20
401 · SLT - Activity Expense 206.70 277.78
Total 390 · Activity Budget Acct 5,380.58 4,345.33
501 · Salaries/Payroll Expense 190,829.28 193,876.78
502 · PAYROLL TAXES 16,254.43 16,762.05
503 · Hospitalization 28,324.80 38,955.84
504 · Life & Disability 1,976.20 1,993.88
505 · Pension 7,827.13 14,757.00
511 · Taxes- Prop & Equipment 13,750.00 13,333.40
512 · Utilities 9,758.67 9,877.14
514 · Maintenance 11,522.00 11,724.68
520 · Dues & Subscriptions 19.99 47.00
521 · Computer (1,140.90) (667.62)
522 · Postage Meter/UPS 10,996.47 13,010.79
523 · Telephone 4,754.06 5,774.62
524 · Printing & Stationary 1,512.49 1,344.57
525 · Travel 1,015.97 10.00
526 · Office Supplies 2,056.46 1,161.91
527 · Audit 4,000.00 4,000.00
529 · Equip. - Maint & Repairs 6,412.69 4,865.19
530 · Credit Card/Bank Fees 6,556.98 6,014.74
531 · Delivery/FedEX 579.30 522.04
532 · Miscellaneous Expense 593.27 429.48
533 · Professional Services 1,100.00 1,545.00
534 · Insurance - General 50,845.12 57,514.89
544 · Legal Contingencies 5.00 341.25
545 · Contract Labor 0.00 0.00
547 · Safety Contract Expense 2,000.00 2,000.00
550 · Council Travel 1,482.41 1,278.73
551 · Board of Directors Expense 9,327.19 9,018.02
556 · Technical Expense 2,000.00 0.00
557 · Consulting 11,425.00 2,680.00
558 · Training 0.00 0.00
561 · UIM Dues & Services 13,631.21 11,094.60
565 · Annual Meeting/HOC 32,443.38 15,912.37
567 · North American Championship 1,624.35 1,584.90
569 · Web Site Fees 10,739.00 10,735.45
570 · Trophies & Awards 4,064.98 14.19
571 · Merchandise Purchases 12,293.19 6,639.92
572 · Advertising 0.00 0.00
573 · Promotions 175.00 0.00
574 · Direct Member Expense 1,116.90 4,899.31
583 · Depreciation Expense 12,500.60 29,270.00
6999 · Uncategorized Expenses 0.00 0.00
Total Expense 548,314.48 564,671.30
Net Income 96,195.02 67,280.79

[raceright]

check out 572 and 573

[HRTV]

For those of you who have not signed up to become a 2008 member of HR check out #569 last years HR memberships pulled in a little over $1000 the rest of the money to support this web site came out of my own pocket! keep giving your money to APBA! and not this site.

[raceright]

For those of you who have not signed up to become a 2008 member of HR check out #569 Lats years HR memberships pulled in a little over $1000 the rest of the money to support this web site came out of my own pocket! keep giving your money to APBA! and not this site.

This is why I believe all APBA members should review this we need to give our Commissioners and BOD our opinions as to how our money is spent
Pat

[Big Don]

Dan are you saying it cost you 10,000.00 to keep HR up and running?

If so, we need to think about a fund raiser for you.

[HRTV]

Dan are you saying it cost you 10,000.00 to keep HR up and running?

If so, we need to think about a fund raiser for you.

No way my yearly operating cost run in the neighborhood of $4,000 give or take a few bucks which includes everything from server maintenance software updates/upgrades and hardware upgrades. 24/7 stand by tech support yearly which does not come cheap to rebuild the site in the event of a fatal crash. This really hurt me bad during the last few crashes when I had to pay a team of techs. to work 24/7 to rebuild the site.

The big line item *** My time= Priceless , I am just like all you guys, I have a day job and a family so putting a price tag on the time I spend sitting at the PC to update the site is time away from my family. *No dollar amount is enough as I am sure you will all agree.

Footnote:

* You can not run a professional web site off the family PC, you must have dedicated machines.

[mercguy]

some advertising and promotional stuff.........

the SO category spent money having the LARGE APBA Stock Outboard Racing decals made for racers trailers. It might not be a huge expense, but I do think it was well worth the money spent, as I have had several inquiries from people, after they seen the large decal on my enclosed trailer. These decals were given out to racers this year in the SO category. I believe John Runne was the man that got this done................WELL DONE John. I gave out all the ones I was alloted to Reg10/11/12 members.............but imagine more are needed.........

[Bob Dunlap]

What large APBA decals? We never saw or heard of any in Region 5

[mercguy]

uhh..........

What large APBA decals? We never saw or heard of any in Region 5

like this............maybe it was a "secret"??

[Cameraboy]

For those of you who have not signed up to become a 2008 member of HR check out #569 last years HR memberships pulled in a little over $1000 the rest of the money to support this web site came out of my own pocket! keep giving your money to APBA! and not this site.

So Dan, what you're saying is that between 20-50 of us chip in so the other 2,000 can play? And they say there's no free lunch

Just signed on for another year.

[raceright]

So Dan, what you're saying is that between 20-50 of us chip in so the other 2,000 can play? And they say there's no free lunch

Just signed on for another year.

Why does this suprise you wallmart is king for a reason as I have said before
some people will squeese a penny what amazes me is the lack of comments about APBA Financials

Pat

[Cameraboy]

Doesn't surprise me at all, Pat - I just like irony.

I'm not shocked that APBA has cash in the bank or net income. With the number of categories, and the number of ideas (hare-brained and well-thought out) within each category - how is that money going to get spent? Each category can't make up their minds what to do - we all pull in different directions, and God forbid anyone tries to tell us what to do. It won't change until enough of us decide we're in this more for the greater good and and a little less for ourselves. Unfortunately, as racers, we seem to be in it for ourselves even if we support the greater good.

[raceright]

like this............maybe it was a "secret"??

I have seen this sticker and I thought it was made up buy the owner of the trailer. This is called promotion and should have been sent to every stock driver free of charge. If Drivers puts there mind to it there are plenty of good ideas to promote Boat racing just like this one I submit this, what if APBA gave an assoiate membership to everyone who purchased a new outboard from dealers either in some regions or the whole USA take the funds from all the catergory budjets or general fund and place in the Propeller
list of all races with addresses Dates approximate start times through out the country (not my Idea is one of Robbies about self promotion) I would rather see all catergories have more members and the bank account have less money like one of my son's say's arn't you suppose to spend money.
Ya Kristi it's Danny he is our Curt (and we have him on a budjet just ask David Or Jimmy)

Pat

[raceright]

the SO category spent money having the LARGE APBA Stock Outboard Racing decals made for racers trailers. It might not be a huge expense, but I do think it was well worth the money spent, as I have had several inquiries from people, after they seen the large decal on my enclosed trailer. These decals were given out to racers this year in the SO category. I believe John Runne was the man that got this done................WELL DONE John. I gave out all the ones I was alloted to Reg10/11/12 members.............but imagine more are needed.........

This is what I'm talking about this is an excellent Idea but not to many APBA members knew about it they should not of been alocated but several sent to everyone and I for one would have put one on each side of my trailer
and there are no Stock outboards inside do you realy think the public
would know the difference. Again good Idea but not completely implemented.

Pat

[AOFoffice]

what if APBA gave an assoiate membership to everyone who purchased a new outboard from dealers either in some regions or the whole USA take the funds from all the catergory budjets or general fund
Pat

Pat, this works great. AOF already does this. All of those selling equipment and motors to our boat racers in AOF get certificates. If it is a new motor a racer buys from one of the dealers, then they get a certificate from AOF for a one year membership. They can use it themselves or pass it on. A person selling parts gets a certificate for an Associate membership, or the equivalent to be used on a full membership. What is AOF losing? Nothing because we might not have had that member otherwise. What is it gaining? A chance to show a driver just how great grass roots racing is. (Not better mind you, than APBA, the more formal organization), but just as good on another level.
And, since AOF is one category for all kneeldown racing, it comes from the general fund which is one and all. Who determines what money will be used for promotion? The promotion committee, the President, and executive Director. The promotion committee consistes of all of the categories grouped into one. There is no one category getting more than another, and no fighting. I agree with Ed, when he said that APBA should be one category. It works out best. Those who really care volunteer for the Promotions committee and if htey didn't they don't need to complain.
Tony