SBA-PPP Amounts over $150K Local Clubs now public

[Unregistered]

Maybe it’s just me but I would rather see Oregon soccer clubs receive PPP funds than Kanye West or gross mega churches. I’m not sure what the issue is? And if you think any of these club’s PPP loans covered their expenses to the degree they should be able to hand our full refunds, you have no idea how their budgets work. Covid has been around for over four months and counting. Most PPP loans covered 2-2.5 months salary tops. Not including their many many other expenses.

Now I would be interested to see if OYSA got a PPP loan and if so how much it was. But other than that it feels like you’re trying to stir up something out of nothing.

I agree with this.

[Unregistered]

OMG another talking-**** (uhh I mean soccer) thread trying to create drama where there is none? Shocking, really.

[Unregistered]

Maybe it’s just me but I would rather see Oregon soccer clubs receive PPP funds than Kanye West or gross mega churches. I’m not sure what the issue is? And if you think any of these club’s PPP loans covered their expenses to the degree they should be able to hand our full refunds, you have no idea how their budgets work. Covid has been around for over four months and counting. Most PPP loans covered 2-2.5 months salary tops. Not including their many many other expenses.

Now I would be interested to see if OYSA got a PPP loan and if so how much it was. But other than that it feels like you’re trying to stir up something out of nothing.

Seems like they got free money and provided their membership nothing. Standard SOP.

No issue.

[Unregistered]

If these clubs were able to pay their coaches from PPP funds, then they should have refunded the player fees.

Love the humor.

[Unregistered]

Seems like they got free money and provided their membership nothing. Standard SOP.

No issue.

If your club didn't provide anything during the shutdown that's an issue to address with the club directly. Whether they used PPP to pay staff during the shutdown is completely different. Also, every single club I heard of provided as least a partial refund to members. Again, if yours didn't maybe you're with the wrong club.

[Unregistered]

If your club didn't provide anything during the shutdown that's an issue to address with the club directly. Whether they used PPP to pay staff during the shutdown is completely different. Also, every single club I heard of provided as least a partial refund to members. Again, if yours didn't maybe you're with the wrong club.

Just a head's up any partial year club fee refund that was granted was strictly for the 2019-20 Seasonal year. Basically the refund you mention was for the club members pre-paid months of March and April of last season. It's worth mentioning during those 2 months they had no access to PPP funding. Most got the PPP funds sometime in May 2020

So we have been on lock down this seasonal year for just over 2 months so far, without any traditional soccer practiced or played. Just curious if in addition to prorating the yearly club membership fees due to the shutdown for this year, if clubs that got PPP funding are going to rebate additional monies in the future back to families since at least 2 months of 2020-21 coaches pay has been covered by the federal government?.

How much salary do coaches that did a few zoom sessions deserve? and how much pay do those that have done nothing deserve? Understand all of these coaches could be collecting unemployment until training and games resume in the metro area.

it's so important there is transparency for all the local non-profits who used the CARES act monies during this challenging time of covid. I'm sure a detailed accounting of PPP expenses will be provided to the public, which is a requirement for Non-Profits.

[Unregistered]

Just a head's up any partial year club fee refund that was granted was strictly for the 2019-20 Seasonal year. Basically the refund you mention was for the club members pre-paid months of March and April of last season. It's worth mentioning during those 2 months they had no access to PPP funding. Most got the PPP funds sometime in May 2020

So we have been on lock down this seasonal year for just over 2 months so far, without any traditional soccer practiced or played. Just curious if in addition to prorating the yearly club membership fees due to the shutdown for this year, if clubs that got PPP funding are going to rebate additional monies in the future back to families since at least 2 months of 2020-21 coaches pay has been covered by the federal government?.

How much salary do coaches that did a few zoom sessions deserve? and how much pay do those that have done nothing deserve? Understand all of these coaches could be collecting unemployment until training and games resume in the metro area.

it's so important there is transparency for all the local non-profits who used the CARES act monies during this challenging time of covid. I'm sure a detailed accounting of PPP expenses will be provided to the public, which is a requirement for Non-Profits.

Most soccer clubs have been working their tail off trying to figure out a way to survive. How to return to practice and eventually to play. Most clubs have lost their tournaments and fundraising events which guts a big portion of their budget. Soccer coaches, who are soccer coaches and not necessarily technology people, have had to try to connect with players and create content that is relevant and interesting, which is really hard over a zoom meeting. Clubs have had ongoing expenses and many have a hard time relying on benefactors since we are in a crisis.

Thank goodness for the SBA payroll money or most of our clubs would have shut down forever two months ago.

If 1/2 the local clubs collapse, it will cause a massive disruption for everyone.

Let's hope most survive.

[Unregistered]

Most soccer clubs have been working their tail off trying to figure out a way to survive. How to return to practice and eventually to play. Most clubs have lost their tournaments and fundraising events which guts a big portion of their budget. Soccer coaches, who are soccer coaches and not necessarily technology people, have had to try to connect with players and create content that is relevant and interesting, which is really hard over a zoom meeting. Clubs have had ongoing expenses and many have a hard time relying on benefactors since we are in a crisis.
Thank goodness for the SBA payroll money or most of our clubs would have shut down forever two months ago.If 1/2 the local clubs collapse, it will cause a massive disruption for everyone.
Let's hope most survive.

So no transparency, just laughable deflection. You do realize you are replying about a supposed non-profit sector entity and industry wide these groups typically rely heavily on tax deductible donations from donors. Good causes that serve the needy get donations even during covid. Maybe these clubs are no longer operating as non profits? Which fits perfectly with your narrative. Btw what is the ongoing cost incurred when the state is paying all your staff coaches unemployment compensation? & then the clubs banks the PPP SBA monies intended for employees? Misdeeds indeed.(updx)

[Unregistered]

So no transparency, just laughable deflection. You do realize you are replying about a supposed non-profit sector entity and industry wide these groups typically rely heavily on tax deductible donations from donors. Good causes that serve the needy get donations even during covid. Maybe these clubs are no longer operating as non profits? Which fits perfectly with your narrative. Btw what is the ongoing cost incurred when the state is paying all your staff coaches unemployment compensation? & then the clubs banks the PPP SBA monies intended for employees? Misdeeds indeed.(updx)

Who do you think you are arguing with?

By the way, most local soccer clubs, for better or worse, receive the vast majority of their revenue from paying dues, not tax deductible donations.

I saw staff at our club working their butt off this week and suspect there was a ton of planning as to how to operate in this environment (nothing about it was normal).

You seem to be cheering for clubs to fail - I would suggest you get a life. Or, if you hate youth soccer clubs so much, you explore interests in other sports.

[Unregistered]

Just an FYI

Keeping cash in reserve for a "rainy day" may seem like a luxury, but maintaining a nest egg can ensure your organization's long-term financial health. Yet recent reports suggest that many claiming to be nonprofits do not have enough saved in their operating reserves.

The Propel Nonprofits, a Minneapolis-based nonprofit whose mission is to build financially healthy nonprofits that foster community vitality, explains how an operating reserve works:

An operating reserve is an unrestricted fund balance set aside to stabilize a nonprofit's finances by providing a "rainy day savings account" for unexpected cash flow shortages, expense or losses. These might be caused by delayed payments, unexpected building repairs, or economic conditions.

Reserves should not be used to make up for income shortfalls, unless the organization has a plan to replace the income or reduce expenses in the near-term future. In short, reserves should be used to solve timing problems, not deficit problems.

A commonly used reserve goal is 3-6 months' expenses. At the high end, reserves should not exceed the amount of two years' budget. .

However, each nonprofit should set its own reserve goal based on its cash flow and expenses. Organizations that have contracts or fees with regular and reliable payments don't need as much in cash reserves as organizations that rely on periodic grants, fundraising events or campaigns, or seasonal activities.

To be a viable operating reserve, there should be a board agreement and policy about how reserve funds can be used: When they can be used, who is authorized to use them, and how this is reported to the board.

[Unregistered]

Who do you think you are arguing with?

By the way, most local soccer clubs, for better or worse, receive the vast majority of their revenue from paying dues, not tax deductible donations.I saw staff at our club working their butt off this week and suspect there was a ton of planning as to how to operate in this environment (nothing about it was normal).You seem to be cheering for clubs to fail - I would suggest you get a life. Or, if you hate youth soccer clubs so much, you explore interests in other sports.

You make a great point in favor of why these operations in some cases are defacto for profit business, not a standard non-profit. All Sports will survive this in time and recreational clubs will all come back with parent boards and volunteer coaches no problem. The business arms of these operations will also come back, you can't kill sports. If a 'club' shuts down for awhile it's not like the the sport is going away. Sometimes a cleansing or reboot can help create a new structure and purpose.

[Unregistered]

So no transparency, just laughable deflection. You do realize you are replying about a supposed non-profit sector entity and industry wide these groups typically rely heavily on tax deductible donations from donors. Good causes that serve the needy get donations even during covid. Maybe these clubs are no longer operating as non profits? Which fits perfectly with your narrative. Btw what is the ongoing cost incurred when the state is paying all your staff coaches unemployment compensation? & then the clubs banks the PPP SBA monies intended for employees? Misdeeds indeed.(updx)

The dumbest post of the year has been revealed. Congratulations.

Ignorance and being dumb are two different things but you managed to hit them both!

[Unregistered]

The lack of intelligence in this thread is mind numbing.

[Unregistered]

The dumbest post of the year has been revealed. Congratulations. Ignorance and being dumb are two different things but you managed to hit them both!

Response right from Trumps playbook in your desperate attempt to deflect and attack the messenger hoping to move eyes away from misdeeds. Stale, worn out playbook..next.

[Unregistered]

Just a head's up any partial year club fee refund that was granted was strictly for the 2019-20 Seasonal year. Basically the refund you mention was for the club members pre-paid months of March and April of last season. It's worth mentioning during those 2 months they had no access to PPP funding. Most got the PPP funds sometime in May 2020

So we have been on lock down this seasonal year for just over 2 months so far, without any traditional soccer practiced or played. Just curious if in addition to prorating the yearly club membership fees due to the shutdown for this year, if clubs that got PPP funding are going to rebate additional monies in the future back to families since at least 2 months of 2020-21 coaches pay has been covered by the federal government?.

How much salary do coaches that did a few zoom sessions deserve? and how much pay do those that have done nothing deserve? Understand all of these coaches could be collecting unemployment until training and games resume in the metro area.

it's so important there is transparency for all the local non-profits who used the CARES act monies during this challenging time of covid. I'm sure a detailed accounting of PPP expenses will be provided to the public, which is a requirement for Non-Profits.

I agree with this.