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09-14-2009, 10:03 AM
Mike Andrews wrote:
Sort of. And let me apologize if my questions seem too confusing and/or intrusive. And thank you for your efforts to patiently respond.
By definition, I suppose, any profits from one program will be available for all other club activities (including other expenses of all kinds, such as printing and accounting services, etc.).
More specifically what I was addressing was whether the club roughly calculates the net profits/losses annually for each of its key programs (e.g., not just DE but also AX -- though I am emphatically using that just as an example that comes immediately to mind), and if there is some policy as to the extent to which each such individual activity ought to at least break even (e.g., on average over a period of 3 years).
This may be a deeply flawed question, but if membership dues were enough to pay for general overhead (such as accounting services, where there are no associated revenues), and DE was producing $20k of profits, would the $20k be enough to permit each 2 student instructor to participate for half the normal fee, for example?
Larry
Quote:Larry,
The profit from the the track program is used to fund other club activities. Does that answer both parts of your question?
Sort of. And let me apologize if my questions seem too confusing and/or intrusive. And thank you for your efforts to patiently respond.
By definition, I suppose, any profits from one program will be available for all other club activities (including other expenses of all kinds, such as printing and accounting services, etc.).
More specifically what I was addressing was whether the club roughly calculates the net profits/losses annually for each of its key programs (e.g., not just DE but also AX -- though I am emphatically using that just as an example that comes immediately to mind), and if there is some policy as to the extent to which each such individual activity ought to at least break even (e.g., on average over a period of 3 years).
This may be a deeply flawed question, but if membership dues were enough to pay for general overhead (such as accounting services, where there are no associated revenues), and DE was producing $20k of profits, would the $20k be enough to permit each 2 student instructor to participate for half the normal fee, for example?
Larry
'95 993