American bonanza society financial report
This presentation is the property of its rightful owner.
Sponsored Links
1 / 14

American Bonanza Society Financial Report PowerPoint PPT Presentation


  • 59 Views
  • Uploaded on
  • Presentation posted in: General

American Bonanza Society Financial Report. 2010 Annual Meeting September 24, 2010. Membership Revenue. Slight increase in foreign postage. Small increase in new membership dues. Renewal dues steadily declining since 2007. Magazine Performance. 2005 – 2010 Projected.

Download Presentation

American Bonanza Society Financial Report

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


American bonanza society financial report

American Bonanza SocietyFinancial Report

2010 Annual Meeting

September 24, 2010


Membership revenue

Membership Revenue

  • Slight increase in foreign postage.

  • Small increase in new membership dues.

  • Renewal dues steadily declining since 2007.


Magazine performance

Magazine Performance

2005 – 2010 Projected

  • Static profit margin of about 9%.

  • Increase in bad debts in recent years.

  • Production cost controls assist in profitability.


General admin revenue

General & Admin. Revenue

  • Insurance Program

  • Funds have been dropping 8-10% a year.

  • Lower premiums from competitive market.

  • How do we maintain this revenue stream?


General admin revenue1

General & Admin. Revenue

  • Investment Income

  • UBS actively managing investment portfolio.

  • Income and unrealized gain (loss) improving.

  • Lower management fees are expected.


Convention merchandise

Convention & Merchandise

  • Convention profitability on the decrease.

  • Location appears to play a key role.

  • Replaced with ABS Experiences in 2011.

  • Store profitability has been stable & reliable.

  • New inventory sparked small sales increase.

  • Oshkosh sales were down this year.


General admin expenses

General & Admin. Expenses

  • Changes to travel & business expense policy.

  • Modernizing operating systems.

  • Effects of Executive Director transition.


Total revenue expenses

Total Revenue & Expenses

2005 – 2010 Projected

  • Expected loss $72,000 in 2010.

  • Catching up with member needs.

  • Optimization of resources important to future.


American bonanza society financial report

American Bonanza Society Air Safety Foundation, Inc.Financial Report

Including BPPP, Inc. - a wholly owned subsidiary

2010 Annual Meeting

September 24, 2010


Asf bppp donations 2005 2010 projected

ASF & BPPP Donations2005 – 2010 Projected

  • Donations to ASF & BPPP declined in 2010.

  • 2009 spike is $1,000,000 Maciel donation.


Asf service clinic revenue and expense

ASF Service Clinic Revenue and Expense

  • Service clinics offered at breakeven price.

  • 239 planes inspected during FY 2010.


Bppp revenue expense 2005 2010 projected

BPPP Revenue & Expense2005 – 2010 Projected

  • Estimated $20,000 operating profit in FY10.

  • Incentive programs for first time attendees.

  • More flying attendees in FY10 than in FY09.


Asf bppp net assets 2005 2010 projected

ASF & BPPP Net Assets2005 -2010 Projected

  • 2008 drop attributed to economic factors.

  • 2009 spike from $1,000,000 Maciel donation.

  • 2010 sees improvement in investment market.


  • Login