2016 NCDA Treasury Report

Greetings All,

As a registered 501(c)(3) non-profit organization, we would like to invite all of our organizational members to look over the fiscal year 2016 finance to see where the money that you all have donated or paid to us is going.

The NCDA started the year off with a cash balance of $1,420.41 in the bank.

Over the course of the 2015/2016 dodgeball season, our total income was $8,404.67.

  • $2,275 from annual membership dues.
  • $5,400 from Nationals 2016 registration fees.
  • $364 from additional pizza revenue for Nationals 2016.
  • $365.67 form various other sources.

Over the course of the 2015/2016 dodgeball season, our total expenses were $6,271.66.

  • Total Nationals 2016 Expense was $6,141.73
    • $1,697.10 for referees.
    • $3,344.80 for apparel.
    • $792.00 for pizza.
    • $307.83 other costs related to Nationals 2016.
  • $129.93 in General & Administrative Expenses (postage, web hosting costs, bank fees, etc.)

As of year end, June 30, 2016, the NCDA has a total of $3,553.42 in cash assets, with no significant upcoming expenses as of August 10, 2016.

As of the date of this posting, August 10, 2016, the NCDA has a total of $$3,473.92 in cash assets. The next NCDA Treasury Report will be dated September 30, 2016.

If you have any questions, comments, concerns about the financial position of the NCDA, or how our funds will be used going forward, please reach out to Mike McNicholas, NCDA Treasurer, at ncdadodgeball@gmail.com, or contact any other member of the Executive Board.

Thank you,

Mike McNicholas
NCDA Treasurer
ncdadodgeball@gmail.com

Changes to League Dues for 2016-2017 Season

DALLAS, TX – Office of the Treasurer: In a 5-0 vote of the Executive Board (two voting members abstaining), the Board has decided to increase the annual league dues for each Member Team. Commencing July 1, 2016, the membership dues per team will increase $10, from $100 to $110 per annum.

December 31, 2016 will remain the deadline for member dues submission to the NCDA.

There were many reasons supporting this increase that the Board considered, which ultimately drove the Board to approve this increase in dues. The first is the standard inflation of the USD. The League has not adjusted dues to concur with inflation for several years, and the Board feels it is time to catch up with past inflation, as well as get ahead on the continual inflation going forward.

The slight increase in league dues will also help the Executive Board facilitate league expansion through methods of minimalistic travel stipends for members of the NCDA Ambassadors to assist the organization in its growth and development campaign.

Per section 7.1.1 of the NCDA bylaws, membership dues are subject to change with an adequate notice to the Member Teams of at least six months from the due date. At the time of this release, dues are to be submitted to the NCDA more than six months in the future. The bylaw will also be updated to reflect the new amount of $110 annually at the start of the new fiscal year. The current bylaw can be found here.

Please reach out to Mike McNicholas, Treasurer, at ncdadodgeball@gmail.com, or another member of the Executive Board with any questions, comments, or concerns.