Financial Accountability & Transparency

Financial year 2025 · approved by the General Assembly, February 2026

Principles

As a non-profit association, the club distributes no profit. All income is applied to sporting activity, facilities, equipment and scholarships. Board members and the general assembly serve unpaid.

Income sources

Approximately 38% membership fees, 27% corporate sponsorship under Law 32/1994, 18% municipal and county sports grants, 11% the 3.5% income-tax redirection by individuals, and 6% event revenue and donations.

Expenditure

Approximately 34% facility rental and maintenance, 26% coaching and technical staff, 17% equipment and kit, 13% competition entry and travel, 6% scholarships and solidarity fund, 4% administration and insurance.

Controls

Double signature is required on all payments above 1,000 RON. Accounts are prepared by a chartered accountant and reviewed annually by an independent censor appointed by the general assembly.

Reporting

The annual activity and financial report is presented to the general assembly each February and provided on request to any member, donor, grant body or verification program. Write to delsie-bernardfdag@gmx.com.