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What is IABC?
The purpose of the Inspire Athletics Booster Club (IABC) is to financially support competitive
Teams at Inspire Athletics.
• A competitive athlete program requires that the athletes compete in numerous competitive
athletic
events that challenge the skills of the individual athlete.
• Attendance at meets requires that the
athletes and coaches travel to the competition sites. The expenses
associated with this travel are not covered by the
monthly fee structure of Inspire Athletics.
• Coaches cannot be expected to cover these expenses out of pocket and
the significant expenses associated with
team travel provide an extra financial burden on the parents of the athlete.
The IABC was formed with the express
intent of providing financial resources to cover expenses and to supplement or defray
a portion of the travel
expenses. The principal means to achieve these goals is through the conduct of fundraising activities.
All families
with competitive athlete are expected to contribute to the activities of the IABC. The more successful the
fundraising activities are, the less the financial strain that will be borne by the families of the athlete. By becoming
a member of a competitive team at Inspire, the family of the athlete is automatically a member of the IABC. The
IABC
consists of individual divisions and each division has their own Team Booster Club and accept the
responsibilities associated
with membership. In addition to the primary focus of raising funds to support the
competitive program, the Individual
Team Booster Clubs attempts to conduct activities to bolster team unity, to
recognize the athlete’s efforts and
to communicate with the families of the athlete. Exemplary activities might be
picnics, the annual awards party and the
handbook.
Key Objectives of Individual Team Booster Clubs:
• 1. Raise money through fundraising activities
• 2. Cover the expenses related to competition
• 3. Assist in defraying the costs of travel
• 4.
Provide communication among the families of the athlete
• They maintain the administrative items like editing by-laws
(they govern what we do and how we do it), create and
manage the IABC Budget, identify ways to improve the booster club
to name a few.
Who is on the IABC Board?
• The IABC Board is open to any parents
on team
• Nominations are accepted in May yearly and voted on in June.
• Positions include
President, Vice-President, Treasurer and Secretary. Descriptions of these positions are available if you are interested.
• This year our President is Sarah Valle-Snyder, Vicepresident is Kelly Kiefer, Treasurer is Lynn Marchand and
Secretary is Sally Miller
What is in the IABC Budget?
• Insurance (Liability)
(this is a must)
• Cost of an accountant for audits and filing of paperwork
• Banking fees
•
Office supplies/stamps
• Equipment and general maintenance
• Miscellaneous expenses
How do we pay for the IABC Budget?
• Each year the IABC Board determines what our annual budget will
be. We will have three mandatory fundraisers in October and
November to help pay for this. Each team family will need
to work at
least two of these. The IABC Budget will be divided up among each
team athlete equally. You will be responsible
for your share of the
budget, however you still will have those three fundraisers to help
you cover or offset the
expense. If we have remaining funds left over
in the budget after the end of the competitive year, those funds will
be used towards the coaches fees the next competitive season.
• We will provide adequate alternatives to those
that can’t attend the
actual event.
• Those that do not work their two required events will pay for their
share of budget out of their pocket. So you can see why participating
in these fundraisers is so important.
Coach's fees - How do we pay for it?
• Coach's fees will be determine by each team and these fees
will also be divided up
for 5 months (payments due in October, November, December, January and
February). All balances
must by paid by March 1st
• Any coach's fees behind two months will prohibit your child from attending a meet
• This monthly fee will be added to your account
• This is exactly how we did this last year
For example:
Dance has a budget for $ 2000.00 for coaches expense
Divide this by 10 athletes and each athlete will owe $ 200.00 in
coaches
expenses. Divide this by 5 months and this would be $ 40.00 per month
x 5 months.
Coaches Reimbursements:
1. Coaches shall choose the mode of travel that is most efficient in time and expense.
2. The IABC will use the IRS
miles business rate for coaches' reimbursement for
driving.
3. The IABC will pay up to $50.00 per Diem for coach's
expenditures. This includes food,
phone and other travel related expenses.
4. The hotel shall be the host hotel
unless the coaching staff chooses a more economical and
practical hotel. Each coach is entitled to a room.
5. The
IABC will pay for one vehicle to use during the meet unless otherwise noted.
Team Support
Hours (TSH)
• Each Team member family will be required to work an "X" amount of
hours during the
competitive season. This is determined annually by
the IABC Board and posted prior to the competition season.
•
These hours can be logged throughout the competition season with
things like: helping redo the pit, caring for memorial
gardens,
improvements to the gym, setting up/tearing down for gym events,
participating in the Christmas show...etc
• There will be a sheet on the bulletin boards that you will be
responsible to fill out when you have volunteered
some time. At the
end of the season, any hours not met will be billed to the Team
family at a determine rate per
hour determined by the IABC Board
yearly. This is not to make money for our booster clubs, this is to
ensure that
all families are contributing their time equally and the
burden of work is not held by one or two families.
Team Support Dollars (TSD)
• This is similar to parent accounts but handled
differently
due to our non-for-profit status.
• When a individual team fundraiser is done, your
profit share would be received
against your
monthly IABC Team Support Account.
• Once you have paid your portion of the IABC,
you will
be able to use your TSD to help pay for
monthly dues, etc however all IABC Booster
Club and Individual Team expenses
will need to
be paid in full before using profits towards your
Inspire Athletics account.
Fundraising
• If you don't participate in the IABC mandatory
fundraisers, you will not be allowed to
participate in the
individual team fundraisers
• We will have two Nelson's chicken sales in October and
the Varner's fundraiser in November. These are the
mandatory fundraisers and you must work 2 of them. We
will
have plenty of other options if you can not work that
specific day.
• Other possible fundraisers could include:
4 additional
chicken sales, Christmas Show, Inspire has Talent, New
Years Eve..to name a few.
• We welcome
any fundraiser suggestions you may have.
What is a Lead Parent?
• This year we are
going to encourage parents to lead
fundraisers by offering a lead parent a specific amount of
money for leading
that fundraiser. These amounts will be
determined by the IABC Board and will be posted prior to
each fundraiser.
The lead parent will be responsible for
setting up the fundraiser, posting info to all team
members, collecting
money, working with treasurer to log
who worked and what share of the profit to name a few.
• Those that are
new to the gym, there will be an
experienced parent who can sit with you and discuss the
duties so please do not
hesitate to sign up. The only way
to get experience is to try it.
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