VILLA PARK HIGH SCHOOL AQUATICS BOOSTERS
2016 FINANCIAL STATEMENTS
Dear Aquatics Parents and Supporters:
I am pleased to report that for the fiscal year completed June 30, 2016, Villa Park High School’s Aquatics Boosters (VPHS AEP) did an outstanding job supporting the school’s aquatics programs. For your review, below is a summary of the actions achieved and a copy of our recently filed Federal Form 990.
It is important to start with full recognition that the greatest asset of the Villa Park Aquatics Program is the significant time our parents put into the program. In addition to direct support of our athletes, volunteer time is given to the program in many forms. Throughout the year our families stepped up to run the snack bar, host team dinners, coordinate team banquets, manage fundraisers, run the timing system, update the web site, send regular communications, and handle a host of other activities. The success of the Villa Park Aquatics Program couldn’t happen without our coaches, financial support, and again, without YOU!
Our direction from the beginning of the 2014/2015 season was to efficiently utilize the surplus funds collected over the past three years to complete several long term projects; specifically designed to enhance the aquatics facilities and eliminate costly/recurring maintenance with purchases of new shot clocks, starting blocks, LED lighting, and a new shade cover over the East side bleachers. In the 2015/2016 year, we continued making enhancements designed to eliminate cost and protect the investments made which include:
• New storage area to house starting blocks and lane lines
• New shade cover over the West side bleachers
• Replacing worn and slipping bench seating in the both bleacher areas
• Purchase of a new timing and record keeping system for swim activities
• Isometric endurance equipment added to the weight room
In addition to the above capital purchases, your booster club contributions made many things possible for VPHS Aquatics including:
• Over 600 league lunches were served through the course of water polo and swimming seasons.
Athlete apparel including t-shirts, polo shirts, and suits was provided to all participants in
• Senior recognition events took place at the end of each season
• End of season banquets were held including awards and gifts
• Participation in the annual Villa Park Dry Land Boat Parade
The Booster Club’s largest source of revenue, as in past years, was parent contributions totaling $44,000 for athlete participation in each sport. Our contribution participation rate continues to exceed other sports enabling all three programs (boys water polo, girls water polo, and swimming) to run near break-even or better. We also enjoyed strong fundraising efforts via local partnerships and induvial efforts yielding an additional $22,000. Included in this figure is $1,500 from hosting the California State High School Championships, $3,900 from hosting Junior Olympics, $3,700 from Firework sales, $3,200 from polo ball sponsors, $1,900 from our swim shields, and $4,200 from snack bar, A number of other efforts brought in an additional $3,600.
The decision to complete most of the long term projects during the 2015/2016 season led to negative expense/income ratio with expenses outpacing income by almost $19K for the full year. Despite the planned operating loss, our balance sheet remains in a strong position with just under $15K of operating capital available for the coming season. We begin the process identifying and prioritizing future projects during the next few Booster meetings. I welcome you to join us and provide your feedback as those decisions are made.
This letter began with recognition that our tradition of strong parental involvement is the greatest asset of the VPHS Booster program. As we head into the 2016/2017 season, I ask you to continue that tradition by staying or getting involved in as many of the available volunteer opportunities as possible.
Looking forward to seeing you all around the pool. Go VP!
Mary Kuli
President
VPHS Aquatics Boosters (VPHS AEP)
I am pleased to report that for the fiscal year completed June 30, 2016, Villa Park High School’s Aquatics Boosters (VPHS AEP) did an outstanding job supporting the school’s aquatics programs. For your review, below is a summary of the actions achieved and a copy of our recently filed Federal Form 990.
It is important to start with full recognition that the greatest asset of the Villa Park Aquatics Program is the significant time our parents put into the program. In addition to direct support of our athletes, volunteer time is given to the program in many forms. Throughout the year our families stepped up to run the snack bar, host team dinners, coordinate team banquets, manage fundraisers, run the timing system, update the web site, send regular communications, and handle a host of other activities. The success of the Villa Park Aquatics Program couldn’t happen without our coaches, financial support, and again, without YOU!
Our direction from the beginning of the 2014/2015 season was to efficiently utilize the surplus funds collected over the past three years to complete several long term projects; specifically designed to enhance the aquatics facilities and eliminate costly/recurring maintenance with purchases of new shot clocks, starting blocks, LED lighting, and a new shade cover over the East side bleachers. In the 2015/2016 year, we continued making enhancements designed to eliminate cost and protect the investments made which include:
• New storage area to house starting blocks and lane lines
• New shade cover over the West side bleachers
• Replacing worn and slipping bench seating in the both bleacher areas
• Purchase of a new timing and record keeping system for swim activities
• Isometric endurance equipment added to the weight room
In addition to the above capital purchases, your booster club contributions made many things possible for VPHS Aquatics including:
• Over 600 league lunches were served through the course of water polo and swimming seasons.
Athlete apparel including t-shirts, polo shirts, and suits was provided to all participants in
• Senior recognition events took place at the end of each season
• End of season banquets were held including awards and gifts
• Participation in the annual Villa Park Dry Land Boat Parade
The Booster Club’s largest source of revenue, as in past years, was parent contributions totaling $44,000 for athlete participation in each sport. Our contribution participation rate continues to exceed other sports enabling all three programs (boys water polo, girls water polo, and swimming) to run near break-even or better. We also enjoyed strong fundraising efforts via local partnerships and induvial efforts yielding an additional $22,000. Included in this figure is $1,500 from hosting the California State High School Championships, $3,900 from hosting Junior Olympics, $3,700 from Firework sales, $3,200 from polo ball sponsors, $1,900 from our swim shields, and $4,200 from snack bar, A number of other efforts brought in an additional $3,600.
The decision to complete most of the long term projects during the 2015/2016 season led to negative expense/income ratio with expenses outpacing income by almost $19K for the full year. Despite the planned operating loss, our balance sheet remains in a strong position with just under $15K of operating capital available for the coming season. We begin the process identifying and prioritizing future projects during the next few Booster meetings. I welcome you to join us and provide your feedback as those decisions are made.
This letter began with recognition that our tradition of strong parental involvement is the greatest asset of the VPHS Booster program. As we head into the 2016/2017 season, I ask you to continue that tradition by staying or getting involved in as many of the available volunteer opportunities as possible.
Looking forward to seeing you all around the pool. Go VP!
Mary Kuli
President
VPHS Aquatics Boosters (VPHS AEP)