Treasurers Report

1
Treasurers Report

• 2009 NGB Meeting

Geoff Plante, Treasurer
June 11, 2009
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Income Statement Annual
3
Income Statement May 31
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Membership Trend
9
16
7
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Income Statement Analysis

• USAPL has grown approximately 60 in terms of
  revenue and expense in 5 years
• About half of this growth is revenue and expenses
  directly related to the Arnold Classic
• Increase in open membership fee has contributed
  about 7,500 in additional revenue
• Merchandising continues to be a steady revenue
  stream
• Membership up approximately 16 in two years and
  growing
• Raw movement and Arnold Classic participation
  have helped
• General USAPL sponsorship is the next area we are
  targeting
• Eliot Feldman is working with a sponsorship
  organization to raise funds for the organization

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The Arnold

• 2008
• Revenue Raised (est) 35,000
• Expenses Incurred (est) 42,000
• Loss for the Meet 7,000
• 2009
• Revenue Raised (est) 70,000
• Expenses Incurred (est) 53,000
• Profit for the Meet 17,000

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Revenues and Expenses

• Rank Revenue Expense
• 1 Memberships Drug Testing
• 2 Sponsorships Arnold
• 3 Drug Testing Fees Salaries/Commissions
• 4 Merchandise Insurance
• 5 World Teams World Teams
• 6 Merchandise

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Things are Looking Up

• Strengths
• Membership Trends are Strong
• First quarter was better than 2008 by 23
  memberships
• Summer meet schedule is growing
• Summer meet schedule is strongest it has been in
  years
• Reports are that the average meet size is growing
• Opportunities
• Build the sponsorship and fund raising arm of the
  organization
• Attract new meet directors in targeted areas
• Can USAPL provide some seed money to help with
• Pick up some travel costs to get referees to meets