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Unread 10-06-2014, 19:47
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Andrew Schuetze Andrew Schuetze is offline
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Re: Event Costs-FIRST accounting

Quote:
Originally Posted by sanddrag View Post
I don't have the data on how many teams compete at multiple events, but if you did some quick math on 3000 teams each paying a $5000 registration fee for their first regional, 400 teams paying $5000 for championship, and say 1000 teams paying $4000 for a second regional, that's $21 million.

Their 2013 financial audit report indicates a total program registration fee income of $19 million.


So, to me, what the audit report looks like, is that it costs FIRST about $10,000 per team per year to operate this program. That seems rather costly for them.
I've not looked at the referenced financial documents but do your calculations per team account for Jr.FLL, FLL, and FTC teams in addition to FRC teams?
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