Delta Gymnastics is a not-for-profit society that is guided by a volunteer Board of Directors. There is a priority to keep training fees as low as possible and for the past 30 years, the society has maintained two budgets: an Operating Budget and a Non Operating Budget.
The Operating Budget receives revenues from training fees plus some grants and staff initiatives that generate revenues (TAG Challenge, Boutique, Trivia Night, etc.). The expenditures are utilized to cover staffing expenses (around 90%) and general operating expenses (credit card fees, utilities, supplies, etc.) We have a revenue neutral goal, meaning all revenues are spent in a balanced way.
To keep our programs as affordable as possible, we offer our 12 month Programs (Competitive and Advanced) a discount on training fees. To offset our Advanced Program discounts, the expectation is that parents participate in fundraising initiatives that can contribute to the Non Operating Budget.
The Non Operating Budget receives revenue from three main initiatives: Chocolate Drive, Spring Fever and Delta Invitational. The funds from these initiatives allow the gym to utilize this revenue for the following expenditures that do not have to come from training fees:
- Equipment purchases
- Facility improvements
- Electronic and Office Equipment
- Elite Program Fund (in support of the WAG and MAG programs)
- Coach Scholarships
- Special Projects
