Full Transparency

Financial Decree

Every dollar that enters this organization is accounted for. Where it comes from, where it goes, and who every waiver applies to — all of it, right here.

Adopted by the Texas Venom Board of Directors  •  2025 Season  •  Revised Annually Each January

The Financial Decree

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Official Texas Venom Financial Policy — Board Adopted 2025

Texas Venom is committed to complete financial transparency with every family in this program. Every dollar collected — through dues, fundraising, sponsorships, or events — is tracked, allocated according to a board-approved model, and reported to the full Board quarterly. No money moves without accountability. No family is left guessing where their investment went.

Revenue Sources

Player Dues
Per-player seasonal fee
Primary
Sponsorships
Local business & corporate
$3,500 goal
Merchandise
Gear, tees, fan items
$1,400 goal
Fundraiser Events
Cookout, clinic, banquet
$2,100 goal
Crowdfunding
Online campaign drives
$1,800 goal
Booster Donations
Family, alumni, community
$1,000 goal
Org Operating Account
Held & managed by Cargill, Co-Director of Operations
All Revenue

Fund Allocation

Every dollar collected — dues, fundraising, sponsorships, all of it — is allocated according to this board-approved model. Percentages are applied to the total seasonal pool, not individual revenue streams. The Board reviews and votes to confirm or adjust this model at the January meeting each year.

Dues Offset
Reduce what families pay
40%
~$3,920 / season

The single largest allocation. Every fundraising dollar raised reduces the per-player dues families owe. The more we raise, the less families pay — it's that simple. This number is recalculated at the start of each season based on actual funds raised.

  • Applies toAll enrolled paying players
  • CalculatedPro-rated per season
  • Applied byCargill
Tournament & Travel
Entry fees, hotels, logistics
30%
~$2,940 / season

Covers tournament entry fees and org-level travel costs. See the full tournament cost breakdown below for exactly how these dollars are spent and what families are still responsible for.

  • Tournament entry feesOrg paid
  • Hotel block coordinationOrg negotiated
  • Individual room costFamily responsibility
  • MealsFamily responsibility
Org Reserve
Emergency & stability fund
20%
~$1,960 / season

A financial cushion that keeps the program stable season to season. If a tournament gets rained out, a vendor overcharges, or something unexpected hits — this covers it. Unused reserve rolls forward to the next season.

  • Emergency coverageYes
  • Rollover policyCarries to next season
  • Board accessRequires Category II vote
Equipment & Gear
Org-owned assets
10%
~$980 / season

Covers org-owned equipment — batting tees, practice balls, catcher's gear, dugout supplies, banners, and team-level gear. Personal player equipment (gloves, bats, cleats) is a family expense.

  • Org equipmentCovered
  • Player personal gearFamily responsibility
  • UniformsCovered (initial season)
Allocation at a glance — per $100 raised
40% Dues
30% Travel
20% Reserve
10%

Who Plays Free

Official Policy — Board Adopted 2025: Children of designated coaching staff and the Team Mom play free. This is a formal perk of service to the organization, documented in the bylaws, and capped at 5 positions. It is not negotiable on a case-by-case basis and does not extend beyond the positions listed below.

Role Current Dues Waived Notes
Head Coach 1 Chris Balcom ✓ Full waiver One child per coach. Board Member.
Assistant Coach — Lead Welch ✓ Full waiver One child. Co-Director, Community & Operations.
Assistant Coach 1 TBD ✓ Full waiver One child. Selected by head coach.
Assistant Coach 2 TBD ✓ Full waiver One child. Selected by head coach.
Team Mom TBD ✓ Full waiver One child. Appointed by Co-Directors.
Fundraising Coordinator TBD ✗ Not included Non-field role. No waiver.
Scorekeeper TBD ✗ Not included Partial discount considered case-by-case at Co-Director discretion.
Travel Coordinator TBD ✗ Not included Partial discount considered case-by-case at Co-Director discretion.
All other families ✗ Standard dues Offset by fundraising per allocation model.

Waiver applies to one child per waivered staff member. Multiple children of the same staff member pay standard dues for additional children. Waiver does not apply to tournament-specific fees or personal travel costs.

Tournament Cost Breakdown

Every family deserves to know the full picture before committing to a tournament weekend. Below is a typical cost breakdown showing what the org covers and what families are responsible for. Actual figures are distributed before each tournament registration deadline.

Cost Item Typical Amount Paid By Notes
Local Tournament (1-day, in-area)
Tournament entry fee $250 – $400 Org Paid from tournament & travel fund
Umpire fees $80 – $150 Org Included in entry or paid separately
Gas / transportation Personal Family Each family handles own travel
Meals Personal Family Family expense
Family out-of-pocket Gas + meals Org covers entry & umpires
Regional Tournament (2-3 day, away)
Tournament entry fee $400 – $700 Org Paid from tournament & travel fund
Hotel block (negotiated rate) $100 – $150/night Family Org negotiates block rate; family books & pays
Transportation Personal Family Each family handles own travel
Meals Personal Family Family expense
Team hotel coordination $0 Org (Cargill) Org negotiates block; families opt in
Family out-of-pocket Hotel + travel + meals Org covers entry; hotel negotiated on your behalf
National Tournament (multi-day)
Tournament entry fee $700 – $1,200 Org (partial) Org covers base entry; crowdfunding supplements
Hotel (org block rate) $120 – $160/night Family Org negotiates; families book directly
Airfare / long distance drive Varies Family Family responsibility
Meals Personal Family Family expense
Family out-of-pocket Hotel + travel + meals Advance notice given — families opt in voluntarily

No family is surprised by a cost. Every tournament is communicated with full cost expectations at least 3 weeks before the registration deadline. Families opt in knowing exactly what they'll spend. No tournament is mandatory — the org will never penalize a player whose family can't make a specific trip.

Accountability Calendar

The Co-Directors report financial status to the Board on a defined schedule. Board Members and families are never left in the dark about where the org stands financially.

JAN
Annual Budget Presented to Board
Cargill presents the full seasonal budget — dues structure, projected fundraising, allocation targets, and expected tournament costs. Board votes to approve (Category II — two-thirds majority required).
APR
Q2 Board Report — Season Launch Review
Dues collected vs. projected. Fundraising pipeline status. Any unbudgeted expenses to date. Families notified of any material changes to the tournament calendar or cost expectations.
JUL
Q3 Board Report — Mid-Season Financial Review
Full revenue vs. budget reconciliation. Reserve fund status. Tournament spend actuals vs. projected. Fundraising Coordinator reports pipeline and closed amounts.
OCT
Q4 Board Report — Annual Financial Review
Full year actuals. Reserve fund balance reported. Allocation model performance reviewed. Early planning figures for next season circulated to the Board.
DEC
Next-Season Budget Drafted & Circulated
Draft budget distributed to all Board Members. Families notified of dues structure for the upcoming season. No surprises going into January.

How Financial Decisions Are Made

Under $200

Cargill approves unilaterally. Routine operational expenses — supplies, minor fees, incidentals.

$200 – $999

Both Co-Directors must agree. No board vote required but both Cargill and Cargill must sign off.

$1,000 and above

Requires a board vote — simple majority (Category I). Co-Directors propose, Board approves.

Over $2,500

Requires a two-thirds supermajority board vote (Category II). Major expenditures only.

Board Adoption

This financial policy has been reviewed and adopted by the Texas Venom Board of Directors. It supersedes any prior informal arrangements and is binding on all org members, staff, and families for the 2025 season.

Texas Venom — Financial Decree — 2025 Season
Cargill — Co-Director, Operations & Finance
Balcom — Co-Director, Coaching & Player Development
Welch — Co-Director, Community & Operations
A Mom — Board Member, Team Parent Representative
Date Adopted