BUDGET & FINANCIALS

 

The CRHS ABC approves a working budget for the upcoming fiscal year at the April General Memebership Meeting.  Over the summer the newly elected Board and Committee Chairs plan the activities for the year and prepare their Plan of Work which includes budgetary adjustments if needed.  The Plan of Work documents are approved by the Board and then the Budget is amended accordingly and presented to the General Membership for approval at the September General Membership Meeting.  

Financial reports are prepared monthly by the Financial Treasurer.  They are presented at each Board Meeting detailing the activities of the previous month and year-to-date summary along with the budget status.   The most current financial is presented at all General Membership Meetings with the focus being on year-to-date income and expenses and budget status. 

The fiscal year for the CRHS Athletic Booster Club is June 1st through May 3st.   The CRHS ABC files the IRS 990 Form in accordance with the regulations of a 501c3 organization which is to be filed no later than Sept. 15th of each year but is usually prepared and filed in July or August prior to the audit.   The audit committee meets in July or August and presents their report to the Board and General Membership in the September meetings.

The current Budget and Financials are available to members for review upon request by contacting Treasurer@crhscougars.com