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Ontario Amateur Wrestling Association
Budget for 2024-2025
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Item2024-2025 Budget2023-2024 Actual (pre-audit)2023-2024 BudgetComments
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Income
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4001 · Members' Equity Reserve $ 20,000.00 $ 85,000.00
Withdraw prior years funds - must expend accumulated Bingo funds
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4031 · Miscellaneous Revenue 1,000.00 747.60 1,000.00
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4067 · HRD - NCCP 7,500.00 4,701.57 3,000.00
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4069 · HRD - Coaches' Clinics - 2,975.00 -
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4081 · Ontario Senior Championships 7,500.00 1,256.64 7,500.00
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4082 · Ontario Junior Championships 9,000.00 4,482.29 5,000.00
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4083 · Ontario Cadet/Juvenile Champ. 42,500.00 28,050.43 29,500.00
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4084 · Ontario Youth Festival 11,550.00 14,050.07 8,455.00
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4085 · Provinicial Championships - oth - 26,666.29 47,500.00 2024-2025 Non Ontario Winter Games Year
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4092 · ODP - Special Programs 20,000.00 23,533.28 15,000.00
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4093 · WCL Canadian Sport Initiatives 90,750.00 5,487.26 - New Initiative for 2024-2025
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4094 · Canada Games Target Programs 10,000.00 1,438.05 10,000.00
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4100 · Ministry Grants 203,000.00 263,012.00 224,000.00
OASF: reduced to $100 K/Carding $94 K/Balance of 2023-2024 Hosting - $9K
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4115 · National Jr/Sr Championships 5,500.00 (2,566.38) 10,000.00 est. 55 athletes @ $100.00 sanction fee
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4116 · National Cadet/Juvenile Champ. 4,100.00 2,787.60 30,000.00
Sanction Fees pd directly to Host group. Host owes $4,100.00 for Officials' Hotels, etc.
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4121 · Miscellaneous Nationals - 6,207.97 -
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4131 · Sponsorship - (398.23) -
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4151 · Hosting Other events 7,500.00 (8,656.14) 1,500.00
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4220 · Mat Sale Program 54,000.00 48,672.64 50,000.00
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4221 · Fundraising - Sales 1,500.00 1,095.56 1,500.00
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4223 · HST - 7,389.39 -
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4231 · Fundraising - Advertising - 77.36 -
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4261 · Fundraising - Gaming 52,200.00 73,544.74 95,000.00
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4271 · Membership Fees 95,000.00 98,576.76 85,000.00 Membership Fees to increase back to pre-pandemic levels
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Total Income $ 642,600.00 603,131.75 $ 708,955.00
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Expense
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5001-5009 - Salaries and Related 169,250.00 133,798.66 138,500.00
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5011 · Travel - Provinicial Director 500.00 42.45 500.00
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5022 · Office - Telephone 1,500.00 1,581.91 1,500.00
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5023 · Office - Postage - 0.00 500.00 Delete line item for 2024-2025 - not relevant
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5026 · Office - Parking 900.00 813.70 900.00
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5027 · Office - Rent 13,000.00 12,281.80 10,000.00
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5028 · Office - Suppies 250.00 262.43 250.00
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5029 · Office - Photocopying 100.00 Delete line item for 2024-2025 - not relevant
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5030 · Office - Bookkeeping & Misc. Digital costs
 4,500.00 4,765.49 4,500.00
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5031 · Office - Miscellaneous 500.00 360.60 500.00
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5041 · Fees - Insurance 19,500.00 19,494.29 15,000.00
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5042 · Fees - Audit 9,000.00 (2,000.00) 9,000.00
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5043 · Fees - WCL Affiliation Fees 40,000.00 42,412.00 42,412.00
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5044 · Fees - Ontario Sport Network - 0.00 195.00
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5045 · Legal 5,000.00 27,775.04 3,000.00
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5051 · Planning - Board Meetings 1,000.00 1,897.03 1,000.00
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5052 · Planning - Executive Committee - 0.00 - Delete line item for 2024-2025 - no longer applicable
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5054 · Planning - Provinicial AGM 8,500.00 7,238.26 7,500.00
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5055 · Planning - National AGM 1,500.00 948.43 1,500.00
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5056 · Club COVID Support Grant - (3,990.00) - Delete line item for 2024-2025 - no longer applicable
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5057 · Regional Development 6,000.00 0.00 12,000.00 Est. $1,000.00/Region
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5058 · Toronto Development 15,000.00 27,755.74 130,000.00
Planned spending on equipment in 2024-2025 not approved by Licensing Office
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5062 · HRD-Staff Training 500.00 107.50 -
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5064 · HRD - Officials Special Projects 1,500.00 500.00 -
2023-2024 Sponsor Beach Wrestling event / 2024-2025 Development Grants
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5067 · HRD -NCCP 5,000.00 5,933.59 3,500.00
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5069 · HRD - Coaches Clinic - - Delete line item for 2024-2025 - duplicates 5067
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5074 · Other Program - - 10,000.00
Delete line item for 2024-2025 - use program Account codes instead
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Expense (continued)
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5081 · Ontario - Senior Championships 7,500.00 272.89 7,500.00
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5082 · Ontario - Junior Championships 7,623.87 1,145.91 5,000.00
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5083 · Ontario-Cadet/Juvenile Champ. 39,609.29 21,035.85 29,500.00
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5084 · Ontario - Youth Festival 9,295.00 4,309.81 8,721.52
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5085 · Provincial Championships-Other - 33,492.95 47,500.00 2024-2025 not a Winter Games Year
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5092 · Senior Camps 2,400.00 884.96 2,400.00
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5093 · MIsc. Camp Programs 8,000.00 2,899.85 1,500.00
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5094 · Canada Games Program 12,000.00 24,609.45 10,000.00
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5096 · Talent ID (ON Carding Program) 72,000.00 64,909.28 95,000.00 Direct to Athlete Payments
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5101 · Northern Develop.-Memb. Subsidy 2,500.00 (2,775.00) 2,500.00 est. 500 athletes @ Provincials x $5.00 each
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5115 · National Jr./Sr. Championships 5,500.00 54,850.85 10,000.00 est. 55 athletes @ $100.00 sanction fee
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5116 · National-Cadet/Juvenile Champ. 4,100.00 21,655.17 30,000.00
Host owes $4,100.00 for Officials' Hotels, etc. for 2024 Cdn U-15/U-17/U-19
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5121 · Misc. Nationals - (2.11) -
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5211 · Misc. Program - 0.00 -
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5151 · Hosting- 6,000.00 (2,725.00) -
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5152 · Special Event Hosting 1,400.00 1,431.00 1,400.00
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5212 · Senior Program 20,000.00 10,000.00
Carding Funded projects in 2024-2025 Not used in 2023-2024
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5213 · Special Initiatives 85,000.00 0.00 - New 2024-2025: WCL Canadian Sport Initiative Projects
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5220 · Fundraising - Mat Sales 45,000.00 40,215.49 45,000.00
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5221 · Fundraising-Sales 1,000.00 17,732.16 1,000.00
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5223 · -HST 2,500.00 6,000.00 2,500.00
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5231 · Advertising - 0.00 -
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5261 · Cost of Fundraising 8,400.00 13,800.00 15,500.00
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5271 · Cost of Membership program 2,500.00 2,772.49
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5291 · Bank Charges & Interest Expense 1,076.48 466.15 1,076.48
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Total Expense $ 646,304.64 588,961.07 $ 718,455.00
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Net Income-$ 3,704.64 $ 14,170.68 -$ 9,500.00
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