G
Guest
Guest
Many of you are aware that questions have been brought up about the way in which SABT has managed its finances and several members have left our organization to start their own tournament trail. First of all we would like to take this opportunity to publicly post a summary of our finances including donations from sponsors, dues and entry fees collected, expenses, payouts and monies held for tournament payouts including our Classic.
AUGUST 29, 2009
FINANCIALS TO DATE FOR SABT
MEMBERSHIP $3,850.00
BLAST OFF $ 650.00
ALTERNATE $ 360.00
TOTAL $4,860,00
SPONSORSHIP $4,350.00
MONTHLY TOURNAMENTS $1,845.00
DOG FIGHTS $2,390.00
TOTAL $13,445.00
EXPENSES TO DATE:
SCALE REPAIR FOR RE-CALIBRATION, POSTAGE, BOX FOR 2ND SET OF SCALES $318.00
BANNER/DECAL FOR JEFF TODD $ 56.00
CLUB HATS $779.36
LAMINATED CARDS $ 98.32
BRAKE/ELECTRICAL REPAIR
ON TRAILOR $161.16
BATTERY $ 61.54
Payout to Pirkle Team (August) $400.00
He asked that club hold till Sept.
Payout to Barnes Team (August) $100.00
Garrett asked that club hold till Sept.
TOTAL EXPENSES TO DATE $1,974.38
ENDING BALANCE AS OF AUGUST 29, 2009 $11,470.62
*****NOTE******Dog Fight money belongs to teams that go to the classic.
In addition $3400 in new sponsorships have been pledged, $1,200 for 2009 which will raise our balance to $12,670.62 and $2,200 for 2010.
And on Monday we will be sending cashiers checks to sponsors who were represented by SABT members who have announced that they will be leaving our organization to start their own. These checks will include all funds remaining from their donations that have not been distributed year to date. Photocopies of the checks will be posted on the forum Monday evening along with a note of thanks to each of the sponsors showing how much we sincerely appreciate their participation and support and that we will continue to send business their way. Likewise we appreciate the camaraderie shared during the season with those members who have left. We have many fond memories fishing together and wish them good luck with their new tournament trail and success and safety on the water also.
As you can see from our financial summary we are well funded and in great shape to continue the tournament season. Monies were raised through our summer dogfight series that will go towards our classic and we have recently added several new major sponsors and expect the payouts at our classic to be the largest ever.
SABT will continue to be one of the premier bass fishing trails in the Southeast.
AUGUST 29, 2009
FINANCIALS TO DATE FOR SABT
MEMBERSHIP $3,850.00
BLAST OFF $ 650.00
ALTERNATE $ 360.00
TOTAL $4,860,00
SPONSORSHIP $4,350.00
MONTHLY TOURNAMENTS $1,845.00
DOG FIGHTS $2,390.00
TOTAL $13,445.00
EXPENSES TO DATE:
SCALE REPAIR FOR RE-CALIBRATION, POSTAGE, BOX FOR 2ND SET OF SCALES $318.00
BANNER/DECAL FOR JEFF TODD $ 56.00
CLUB HATS $779.36
LAMINATED CARDS $ 98.32
BRAKE/ELECTRICAL REPAIR
ON TRAILOR $161.16
BATTERY $ 61.54
Payout to Pirkle Team (August) $400.00
He asked that club hold till Sept.
Payout to Barnes Team (August) $100.00
Garrett asked that club hold till Sept.
TOTAL EXPENSES TO DATE $1,974.38
ENDING BALANCE AS OF AUGUST 29, 2009 $11,470.62
*****NOTE******Dog Fight money belongs to teams that go to the classic.
In addition $3400 in new sponsorships have been pledged, $1,200 for 2009 which will raise our balance to $12,670.62 and $2,200 for 2010.
And on Monday we will be sending cashiers checks to sponsors who were represented by SABT members who have announced that they will be leaving our organization to start their own. These checks will include all funds remaining from their donations that have not been distributed year to date. Photocopies of the checks will be posted on the forum Monday evening along with a note of thanks to each of the sponsors showing how much we sincerely appreciate their participation and support and that we will continue to send business their way. Likewise we appreciate the camaraderie shared during the season with those members who have left. We have many fond memories fishing together and wish them good luck with their new tournament trail and success and safety on the water also.
As you can see from our financial summary we are well funded and in great shape to continue the tournament season. Monies were raised through our summer dogfight series that will go towards our classic and we have recently added several new major sponsors and expect the payouts at our classic to be the largest ever.
SABT will continue to be one of the premier bass fishing trails in the Southeast.
