Youth Basketball in Franklin

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8th Annual Finances

                      8th Annual Tournament Finances
                              (1/21/13)


All finances (expenses/revenue) will be explicitly updated in this file. For any questions on any component please send an e-mail to franklinhoops@yahoo.com
. Following each tournament the Jimmy Fund forwards us a letter verifying our donation amount and this is forwarded to all participants (parents) and volunteers. Any previous letter is on file should you wish to retain a copy.


Player (Youth Participant) Revenue


(164 X ($25/Player)..................$4100


 

Expenses

Lease of Gyms(s) (a)..........................$1225

 

Shirts (b)..........................................$1500


Equipment/Signage(c)....................................$50


Trophies (d)................$230





Total Expenses: $3005


Jimmy Fund Donation Element


 

Player Donation (See above).......................$1095

Business Sponsorships.................................$600

Anonymous Donations....................................$400


Individual/Family Sponsors..........................$175


Spring 5th Grade Girls' Clinics.........................$510


 

Total Jimmy Fund Donation:   $2780




 

(a) Horace Mann & Oak St for the day (7:15AM-715PM) was $1225.  (Invoice paid to Franklin Schools on 2/1)





(b) Pisano Design (Union St Franklin) is our vendor for shirts. These shirts are $6.67 each which includes the front/back screens.) (We will need one for each player , one for each Student Volunteer and the remainder will be given as thanks to our Corporate, Basket & Shirt Sponsors.) (total 225 shirts...$1500)

(c) 
This year we needed to purchase signage materials and grab some additional ice packs. ($50)


(d) Trophies for the 3 on 3 division winners (20) plus the Hotshot, 3 point, and foul shooting champions  (20)..total 40 trophies..$230

 

(e)  5th Grade Girls' Clinic:  Proceeds from Parents of kids participating in the 5th Grade Girls' Sunday Morning Fall Clinic. ($510)