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2014 Relentless Detroit Financial Summary
100% of online donations go directly to bring hope to families. All cost associated with Relentless Detroit is covered through ticket sales, shirt/hat sales, hoodies, and sponsor fees. All profits above our expenses goes back into helping families. To date, $191, will go to our Relentless Detroit families along with other families throughout the year with children facing life threatening illness. The bulk of funds raised will be used to benefit our seven adopted families for this year. A portion of funds will also be used to help emergencies that arise with past, current, or new Relentless families and providing Christmas and other needs for new sick children. There are no administrative expenses associated with Relentless Detroit. Each board member serves strictly as volunteers. This year Relentless Detroit brought in $219, Total money out before we give to the families is $27, The $27, is NOT our expense to run the event. These two numbers include ALL money that comes in and goes out to Relentless for whatever reason. That leaves $191, $9, of the $27, number is in donations we made throughout the year for numerous reason (listed on separate sheet). $18, operating cost to run the event. The Event itself brought in $26, That makes a net profit of $8, (This is all listed on a separate sheet) Add the $191, to the balance we held back from last year $7, and the total left in the account is $198, The Relentless board has voted to give out $171,000 to the families. Based on their needs this number is subject to change. That means we are holding back $27, so we can continue to help out current and past Relentless families if needed or other situations that may come up through the end of this year or next year. (examples include adopting 2 families for Christmas)
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Summary of where the money came from
White Column is how much each category raised for the whole year Orange shows what each Category made each day of the two day event
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Categorize amount and what % of total it was
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Event Operating Expense
Below shows the cost it takes to run the event, from entertainment for the kids to t-shirts, tickets, awards and including feeding the lifters and keeping them hydrated with water and Gatorade. Our goal is to have Ticket & T-Shirt sales fully cover all our expenses. Food and drinks for lifters is almost fully covered by the Concessions. Everything else is covered by Ticket Sales alone. Overall when it is said and done, thanks to Kirby church letting us use the facility we made $8, that we can donated into the general fund. ** Still waiting on bill for Trash but we don’t expect that to be that much
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Total Money out for the year. Donations and Event cost
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