At 03:36 PM 2/24/2009, you wrote:
Date: Tue, 24 Feb 2009 16:36:40 -0500
From: "Karl Doering" <kilikarl at wowway_com>
Subject: Re: [Killietalk] Killietalk] Virtual Events, Proxy bidding
To: "killifish discussion list" <killietalk at actwin_com>
<The AKA will always make money but the amount is dependant on the number
of
attendees usually.>So if this is the case then the affiliate club will
take
a chance on either making money,loosing money or breaking even.Is there
any
paper work that will tell me what part the AKA plays in helping out on a
convention??
Just did a little checking, Karl. The AKA used to advance $2500 to
the sponsoring club to help with the convention. However, for 2005 it
was $3500, for 2006 and 2007 it was only $500. Based on that I
would assume that for this year it will be the same as the last 2.
For the years 2005 thru 2007 the Convention income, to the AKA was
$1270, $2147 and $2268 respectively. I have no idea what the
sponsoring club income was.
You might also note that for the years 2005 thru 2007 the AKA had
overall losses of $19,238, $3,587 and $149,78 respectively. Note
that in 2005 $11000 of that loss was for an book inventory writeoff.
Those losses are the main reason why I advocate both an Auction site
similar to Aquabid as well as live off-site bidding for the
convention. Anything (legal, of course) to generate income should be
considered carefully and logically not dismissed out of hand. The
balance sheet has to start showing more black and less red or the
inevitable will happen.. The AKA has skirted financial problems in
the past. Lets hope it avoids them this time.
Larry B.
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