Nativity Athletics 2010-2011 Financial Report

Financial Revenue and Expense Report for the 2010/2011 school year

Overview of Nativity Athletic Committee Revenues and Expenses

• The goal of the Athletic Committee is to provide Nativity parish members the opportunity to participate in CYO sports.  We strive to maintain as low and affordable cost for each participant as possible.

• The Nativity Athletic Committee sets fees for all sports.  As such, our participant fees are intended to
  cover our cost of registration of each team and participant with the CYO office.  We provide equipment, uniforms
  and supplies for all participants and coaches.  We also, pay entry fees for tournament participation and other costs to support the program.

• We have two main sources of revenue to fund all sporting activities.  Every year, we sponsor a golf outing during
  the summer.  We also raise funds through our concessions sales.  All funds are used to buy uniforms, equipment and other supplies.

• The entry fees collected at the gym, for all sports, go to the parish and not the Athletic Committee.

• The Athletic Committee’s financial period (Fiscal Year) runs from July to June.

• How does the Athletic Committee determine participant fees?

• The CYO assesses Nativity Athletic Committee a per team charge and a per participant charge.  We receive notice of these charged amounts in the spring of each year.  Once these are received by the Athletic Committee we meet to determine the fees needed to cover our charge.  The committee estimates how many teams in each sport Nativity will have for the coming year.  We also need to estimate the number of participants on each team.  These
  estimates are determined based upon last year’s participating numbers and discussions with other committee members and coaches.

• Based upon the above items, the Athletic committee then determines the participant cost to cover the CYO registration fees.

EXAMPLES of EXPENSES THE ATHLETIC COMMITTEE COVERS EVERY YEAR

DID YOU KNOW?

• A regulation kickball costs $12.00.

• A football helmet cost approximately $68.00.

• The Athletic Committee maintains the football field during the season and has paid for re-seeding and fertilizing of the field.  In November 2010, we paid approximately $400 for seed and fertilizer.

• We purchased two types of volleyballs.  The younger girls use the volleyball lite, while the older girls use the regulation volleyball.  The volleyball lite costs $29.95 and the regulation volleyball costs $28.95, if purchased in minimum amounts of 10.  Last year we purchased 10 of each type of volleyball, plus a cart.

• Due to practice conflicts with the boy’s basketball schedule and limitations using Nativity’s gym, the Athletic Committee rents gym time at the Benedictine Center in Beech Grove.  Last year’s rental costs were $921.60.

Financial Report