The USASF budget runs on a calendar year cycle, from January 1 – December 31, annually. USASF staff members, with full budget oversight and approval by the USASF Executive Committee and ultimately the USASF Board of Directors, manage individual business units for key programs and overhead.

 

2014 Annual Report and Financials

2013 Annual Report and Financials


USASF Finances ending in December 2012  
2012
Revenue    
Membership Dues $
624,368.08
Services (regional mtgs, coaches' conference, credentialing) $,
643,186.75
 
Sponsorship $
83,119.01
Income from World Championship (1) $
718,368.57
TOTAL $
2,069,042.41
Expenses    
Member Program Expenses (2) $
732,186.84
Member Specific Services (IT, NACCC, Regional Mtgs) (3) $
741,778.72
Administrative (4) $
465.906.27
Total Operating Expenses $
1,939,871.83
Overage $
129,170.58
Debt Paydown $
(90,130.06)
Plus: decrease to prepaids/AR $
17,744.22
Less: decrease in AP/customer's deposits $
(24,540.620
Plus: depreciation (net of fixed asset purchases) $
12,714.46
Net increase to cash $
44,958.58
Add Back: cash on hand at 12/31/11 $
66,167.57
Cash on hand at 12/31/12 $
111,126.15

Loan Balance to Varsity 12/31/12- $ 565,047.19

Loan Balance to Varsity 12/31/11-$ 655,177.25

Loan Balance to Varsity 13/31/10- $ 805,289.15

(1) Income after Worlds operating costs (including registration, travel, hotel, ground transportation, Disney, production costs, television, insurance, staff, VIP gala, prizes, athletes' party, judges)

(2) Scholarship expenses, payroll, insurance, program support supplies, travel, regional director exp.

(3) Costs of regional meetings, travel, website expenses (hosting and video production costs)

(4) Rent, utilities, phone, staff, insurance, legal fees, depreciation, bank service charges

 

USASF Finances ending in December 2011   ,
Revenue    
Membership Dues $
471,781.24
Services (regional mtgs, coaches' conference, credentialing) $
457,237.27
Sponsorship $
81,860.73
Income from World Championship $
444,820.04
TOTAL $
1,455,699.28
Expenses    
Member Program Expenses $
613,811.96
Member Specific Services (IT, NACCC, Regional Mtgs) $
439,327.61
Administrative $
209,713.14
Total Operating Expenses $
1,262,852.71
Overage $
192,846.57
Debt Paydown $
(150,112.00)
Less: increase to prepaids/AR $
(40,014.00)
Plus: increase in AP/customer's deposits $
49,955.00
Less: fixed asset purchase (net of depreciation) $
(137,899.00)
Net decrease to cash $
(85,223.43)
Add Back: cash on hand at 12/31/10 $
151,391.00
Cash on hand at 12/31/11 $
66,167.57

 

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