Its been a few months since my last update, but the NZAFF Board have put some more effort into this one and prepared a more formal 6 month financial report to give a progress update on how things are progressing from a financial perspective for the Federation.
Some feedback at the AGM was that it was felt more visibility was needed during the year between AGMs, so we committed then to deliver a half year report which is now available HERE.
This report includes a financial summary up until the end of January (half way through our financial year) as well as some commentary on key initiatives up until last month. These are not "formal" accounts that have been audited etc as we only do this for the annual reports, but should give an indication of how we are tracking.
I have included a some notes on key elements below, but please do take the time to review the full report and let myself or Russell (email@example.com) know any feedback good, bad or otherwise.
- Overall at the 6 month mark we are tracking $11,212 ahead of our overall budget (so spent less than we had budgeted).
- Income is down on forecast by approximate $30,000 BUT expenditure is down by more ($41,000) to ensure we are still ahead of our budget.
- The main revenue shortfall is we havn't been as successful with Grant Applications as we would have liked, but we were aggressive with our "targets" for grants vs previous years to ensure we were chasing this as hard as we can so this was an outcome we did foresee.
- The major portion of the funding shortfall is ENDZONE where we have been applying for a lot of funding with some success, just not as much as we would have liked. We only commit to spend money once its approved though, so this is a very low risk way to operate.
- We have worked hard to keep costs under our "Federation" pillar efficient, and at the 6 month mark are under budget by $13,000 largely due to pulling right back on Board travel and expenses which have been an area of question in regard to past Boards.
- Our Coach Development Program has had 20 Coaches register to date, but only 5 have progressed through to the assessment phase. The online learning component is only around 8-10 hours of work and all highly valuable, so we need you guys out there to do your bit and engage with the program. We hope to see some solid progress in the off-season in this area, in contact and our Flag Football program which was added due to growing interest.
- On the Officials Development front, its a similar situation with a few Officials progressing well but a lot stagnant so the more we have engaged on the program the better our games/ sport will be. We are planning a Coaches and Officiating Conference in August if we get enough buy-in from the Regions so it would be great to see some commitment to attend.
- Whilst its been slow and steady progress for ENDZONE our kids Flag Football program, we have now committed programs in place alongside Kelly Sports in 7 primary schools that will reach over 1,000 kids. We have a large application in progress with KiwiSport in Auckland that could extend this to 7,500 kids so hope to see us scale this to bigger numbers later this year. We still think kids Flag Football is critical to the long-term development of the game, so are always open to ideas and potential partnerships here.
- Club Development wise, we put early focus on a Player Safety policy which has been distributed and we hope to see our Regions and Clubs buy into this. Next up we are working on a best practice toolkit to distribute in the off-season which will give some tips and guidance around accessing funding, governance, marketing your Club/ Region etc which hopefully will be useful.
- We have just completed the 2nd year of our Flag Football Invitational tournament, we didn't see an increase in teams which was disappointing but by all accounts it was a well run tournament enjoyed by those who attended. We would like to facilitate more national and regional events but obviously need your buy in so please be open with your feedback. A Nelson vs Hawkes Bay final is a great testament to how Flag is helping the sport grow nationally.
- National Teams wise, we just completed the Men's Flag Head Coach appointment process as a kick off for a potential campaign to the World Champs in Korea in 2020. Still a lot of work to do to make this happen, but there is strong interest from around the country player wise so we are confident we will see a team get there.
- It was fantastic seeing 4x women's teams play in Auckland this last season, and whilst there are some upcoming International women's opportunities low player interest is showing it may still be a bit early for us to seriously consider this next level. But we hope to see the momentum continue to build for the women's game in NZ.