Mad River Youth Soccer League

A representative of each team intending to raise funds shall submit a detailed Fundraising Statement of Intent to the MRYSL Board of Directors (BOD) prior to the commencement of any fundraising activities. This statement should clearly define any planned fundraising activities, including the solicitation of cash sponsors, and the team’s intended use of any money raised.
The Fundraising Statement of Intent will identify an email-friendly team representative who will function specifically in a financial capacity. This team representative will be responsible for providing detailed information regarding money received to the MRYSL using the D1/D3 Deposit and Expense Reporting form (D1/D3 DER).
All checks received by the team will be forwarded to the MRYSL Treasurer by the team representative. The Treasurer will be responsible for depositing funds into the MRYSL account.
All money raised by the team will be accounted for and maintained by the MRYSL Treasurer. The Treasurer will provide team account information to the stated team representative on a monthly basis as outlined in the instructions for completing the D1/D3 DER.
USYSA membership form 1601 (the player registration form), with the original parent/guardian signature, shall be present at all team fundraising events when parents/guardians are not present.
Teams should make every effort not to have a balance greater than $1000 remaining at the end of each season (Winter, Spring or Fall). No team may carry over more than $1000 from one season to the next. Any amount in excess of $1000 at the end of the current season will be transferred into the MRYSL financial assistance fund.
A team’s unspent funds, of $1000 or less, will move with the team from season to season. As long as the team maintains a minimum of seven members from the previous season, the team is considered intact. If the team skips a season, the money will still be available for the subsequent season as long as the team is still intact. If the team does not remain intact, the money will be pooled into the MRYSL financial assistance program, coach education, or field equipment fund depending on which area is determined by the MRYSL BOD to have the greatest need.
All monies will be paid out on a team’s behalf by the Treasurer of the MRYSL. The league will issue 1099’s annually.
Fundraising money can be used for team equipment, travel, coach’s expenses, trophies, end of year party, tournament fees, field expenses and any other expenses approved by the MRYSL BOD after submission of the team’s Fundraising Statement of Intent. The fundraising activities and expenditures must be made by census of the team.
Under no circumstances may any individual open an account, or deposit money into a personal account, in lieu of following league deposit and reporting rules..
The fundraising limit per team is not to exceed $7000 per season.
All D1/D3 teams are required to help at the MRYSL’s local tournament/s as one of the team’s fundraising activities.