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November/December 1979

Page 1

THE NFAA CRISIS: A SPECIAL REPORT by Dr. James Shubert, President

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VW uring the fall of 1978, I instructed JoAnn Hunnicutt, NFAA U Headquarters office manager, to advise me each month on accounts payable and receivable so I could better understand the day-to-day operation of the NFAA. From these reports, I concluded the NFAA would experience deficit spending of approximately $50,000 that year. This large net payable had accumulated over the previous four or five years, but it had never been included in the next year’s budget for the directors’ approval at the annual meeting. I called for a certified audit of our 1978 books. I presented the situation - that the association was not operating within its income -- to the NFAA Board of Directors Council at the February 1979 annual meeting in Denver. During the council’s review of the certified audit, questions were raised concerning special accounts. Money collected for the NFAA Professional Division account was not there, but was offset by merchandise of equivalent worth. Also, funds earmarked for bowhunter programs had been used for other purposes in the NFAA general account. However, the audit had produced absolutely no indication of any wrongdoing. Continued on page 4


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November/December 1979 by National Field Archery Association - Issuu