Donations
Where the funds are needed:
See budget needs for 2008 and beyond at bottom of page:
We have several sources of funding. Each source allows budgeting for different areas of team spending.
1. direct sponsorship
2. donations
3. dues
4. Raffle
Through direct sponsorship funding we are able to run the team, which includes needs across the board. While donations are usually made specific to The Cycle Youth Foundation, which is used only to help aged 18 and under riders. Team dues mainly are used to cover immediate cost incurred from adding an additional rider. This is mostly used to afford uniforms. Raffle - KHS has donated bike for us to raffle off through the season.
2007 Expected funding from:
sponsorship - $2,700
donations -
dues - $1500
raffle - $2000
product donation retail value (not cash) $16,900
USAC travel grants (between rider and USAC, not team) $900+ $23,100
Sponsorship for 2007 est
Dues
raffle est
Expenses:
uniforms - 1250
helmets - 800
administrative - 100
website - 99
media and promotion - 600
travel to nationals/qualifying events - 3000+
local travel - 300
The above is based on a minimal 2007 funding. For 08 we are looking to greatly expand our ability to support our racers.
We are at a sort of threshold where we are at the limit of what we can do without moving to the next level.
To fund athletes to travel is expensive and money can be spent very fast. Gas prices are high so vehicular travel is not always the cheap way to go. One trip can easily wipe out all our funds, so part of the expense always falls heavily on the riders. When multiple races have to be attended then it becomes much more than a cycling vacation and more of a job duty, which is hard on the parents funding it all.
By pooling our resources we are able to greatly reduce cost, and by wisely using the funds that we do have are able to do what is needed to be done in a season.
One of our goals is to have the funding available to drive the team vehicle to all races and help get the athletes to the races whether that by airplane, car or riding with the team vehicle. Once there we want to be able to lodge the athletes and provide a comfortable, relaxed environment conducive to good race day performance.
The budget below represents a minimal goal to properly fund a National-Level program on par with other programs around the country. The key word is "minimal" as other programs have a much healthier budget than this.
UNIFORM
UNIFORM - OTHER
GRANTS
BIKES
MISC PARTS
TRAVEL
VEHICLE MAINT/OTHER
PARKING/VENUE FEES
NUTRITIONAL
ADMINISTRATION
OTHER
36,475 sub total
36,475 sub totalINTERNAL INCOME 35,275
35,275Budget Need
IN OUT
OUT2700
1500
2000
125080010099600300030062006149
61491,250
750
14,500
5,000
600
7,500
2,900
700
500
500
3,400
(1,200)
36,475
