let me start that our booster club has been a mess for as long that I have been a member of the gym 4years. This year I was sort off voted in to take over as president and I accepted. I really did not now the mess I was getting into. our booster club is non profit and have Individual Fundraising accounts (IFA). I know that this is illegal according to the IRS. Our bylaws stink. all they are there for is to protect the gym, there's no rules or ways of collecting money and where they are going.. Gym owner believes that our booster club is there to help support the Gym with equipment and Training for coaches.. like i said before alot of our parents are ticked off at this.
My First question will be if we can have multiple accounts in which we have one non-profit which can go into a pool to use for our gymnast and another account that can be used for IFA for coaches fees and Gym meets.
Second question is that if our non profit account can be used towards training of coaches say for instance Congress? I would really like to Raise money our gymnasts and going towards them such as leo's or A Gym camp. I know funds need to be distributed equally so would that include Gymnasts, Coaches and Gym?
Third how do we go about to establish better bylaws so parents coming in, in the future are aware of how this is ran and what to expect out of Booster club.
So as u can tell i have my hands full but im working hard on making this a better organization for the gymnasts.
My First question will be if we can have multiple accounts in which we have one non-profit which can go into a pool to use for our gymnast and another account that can be used for IFA for coaches fees and Gym meets.
Second question is that if our non profit account can be used towards training of coaches say for instance Congress? I would really like to Raise money our gymnasts and going towards them such as leo's or A Gym camp. I know funds need to be distributed equally so would that include Gymnasts, Coaches and Gym?
Third how do we go about to establish better bylaws so parents coming in, in the future are aware of how this is ran and what to expect out of Booster club.
So as u can tell i have my hands full but im working hard on making this a better organization for the gymnasts.