FY1994 11/10/1993BRANCH OFFICE
3117 OVERSEAS HIGHWAY
MARATHON, FLORIDA 33050
TEL. (305) 289-6027
Mayor Samuel Feiner,
Tourist Development
3406 North Roosevelt
Key West, FL 33040
Dear Mayor Feiner:
� `COUNT y 00
RJ'aoJGF� Gg�
U: .N
a
90F COUII(`I . f�'
;Dannp 1. RID[bage
CLERK OF THE CIRCUIT COURT
MONROE COUNTY
500 WHITEHEAD STREET
KEY WEST, FLORIDA 33040
TEL. (305) 292-3550
November 30, 1993
Chairman
Council
Boulevard
y
BRANCH OFFICE
88820 OVERSEAS HIGHWAY
PLANTATION KEY, FLORIDA 33070
TEL. (305) 852-7145
As you know, on November 10, 1993, the Board of County
Commissioners of Monroe County authorized execution of the
following Funding Agreements:
Marina Del Mar, covering the Coconuts Roundup
Tournament, for an amount not to exceed $4,500.00, Fiscal Year
1994, Two Penny, on August 26-28, 1994.
Marina Del Mar, covering the Coconuts Dolphin
Tournament, for an amount not to exceed $8,000.00, Fiscal Year
1994, Two Penny, on May 19-22, 1994.
Friends of Fort Zachary Taylor, Inc., covering Civil
War Days for an amount not to exceed $8,500.00, Fiscal Year 1994,
Two Penny, on February 26-27, 1994.
Islamorada Ladies Sailfish Tournament, Inc., covering
Ladies Sailfish Tournament, for an amount not to exceed
$3,500.00, Fiscal Year 1994, Two Penny, on February 1-3, 1994.
Redbone, Inc., covering the Mariner Outboards'
Southernmost Light Tackle Anglers Masters (S.L.A.M.) Tournament,
for an amount not to exceed $6,000.00, Fiscal Year 1994, Two
Penny, on September 17-19, 1994.
Little Palm Island, covering the Little Palm Island
Grand Slam All Release Fishing Tournament, for an amount not to
exceed $5,000.00, Fiscal Year 1994, Two Penny, on June 12-15,
1994.
Greater Marathon Chamber of Commerce, covering the
FUNDING AGREEMENT
THIS AGREEMENT is entered into this OIL day of &Wb-V( , 1993, by
and between the BOARD OF COUNTY COMMISSIONERS, Monroe County, Florida, hereinafter
referred to as the BOCC and the Redbone, Inc.hereinafter referred to as "Event Sponsor";
WHEREAS, the BOCC, upon recommendation of the Monroe County Tourist Development
Council, hereinafter referred to as the TDC, has budgeted a portion of tourist development
revenues for promotion and support of certain fishing events; and
WHEREAS, the umbrella organization under contract to the BOCC has recommended that
certain monies be allocated to Event Sponsor; now'
THEREFORE, in consideration of the mutual promises contained herein, the parties agree as
follows: _,I
1. BOW shall pay to Event Sponsor a sum not to excee-d six tho4sand dollars
($6,000.00) for promotion and related expenditures in producing tt faring Oroards'
Southernmost Light Tackle Anglers Masrters (S.L.A.M.) Tournament, 8;iIA mbeP17-1� 1994,
pursuant to the terms of the Funding Application, attached hereto and poorpor�d hef-ein by
reference (Exhibit A). z
Should a breach occur after the expenditure of funds by BOCGfor an event, acid the
event does not occur as a result of said breach, Event Sponsor shall reimburse BOCC for the
amount of funds expended by the BOCC in connection with said event.
2. Event Sponsor shall provide promotion and related services as described in detail in
the Funding Application (Exhibit A).
3. Indemnification and Hold Harmless: Event Sponsor agrees to indemnify and hold
Monroe County harmless for any and all claims, liability, losses and causes of action which may
arise out of the fulfillment of the agreement.
It agrees to pay all claims and losses and shall defend all suits filed due to the
negligent acts, errors or omissions of the Event Sponsor's employees and/or agents, including
related court costs.
4. Insurance Requirements: Event Sponsor shall carry during the term of this agreement
public liability insurance, including bodily injury and property loss damage to cover all claims,
demands or actions by any person or entity in anyway arising from, the operation, of this event(s).
Such liability insurance shall be in an amount not less than $500,000. Monroe County and the
Monroe County Tourist Development Council shall be named as additional insured under the
insurance policy and such insurance shall be primary and non contributing with any insurance
carried by the County. Event Sponsor shall furnish the County with a certificate evidencing the
insurance required by this paragraph not later than twenty (20) days prior to the event.
5. Event Sponsor shall maintain records to be kept pursuant to generally accepted
accounting principles, for three years after the event, and shall permit BOCC and its agents and
employees access to said records at reasonable times.
1
6. For any breach of the covenants contained herein or in Exhibit A, BOCC may
terminate this agreement immediately upon service of notice of termination. BOCC may terminate
this agreement without cause upon providing 120 days notice of termination.
7. Event sponsor is an independent contractor and shall disclose any and all potential
conflicts of interest as defined by Florida Statute, Chapter 112 and Monroe County Code, Article
XXI.
8. Force Majeure: Event Sponsor shall not be liable for delay in performance or
failure to perform, in whole or in part, the services due to the occurrence of any contingency
beyond its control or the control of any of its subcontractors or suppliers, including labor dispute,
strike, labor shortage, war or act of war whether an actual declaration thereof if made or not
insurrection, sabotage, riot or civil commotion, act of public enemy, epidemic, quarantine
restriction, accident, fire, explosion, storm, flood, drought or other act of God, act of any
governmental authority, jurisdictional action, or insufficient supply of fuel, electricity, or materials
or supplies, or technical failure where Event Sponsor has exercised reasonable care in the
prevention thereof, and any such delay or failure shall not constitute a breach of this Agreement.
9. Ethics Clause: Event Sponsor warrants that he/she/it has not employed retained or
otherwise had act on his/its behalf any former COUNTY office or employee in violation of Section 2
or Ordinance No. 10-1990 or any COUNTY officer or employee in violation of Section 3 of
Ordinance No. 10-1990. For breach or violation of the provision the COUNTY may, at its
discretion terminate this contract without liability and may also, at its discretion, deduct from the
contract or purchase price, or otherwise recover, the full amount of any fee, commission,
percentage, gift, or consideration paid to the former or present COUNTY officer or employee.
IN WITNESS WHEREOF, the parties have executed this agreement the day and year first
above written.
(SEAL) The Redbone, Inc.
Attest:
y
(SEAL) Monroe County Board of County
Attest: Commission
As- M404figo
By:
Jerk or/Chairman
Approved as to form and legal sufficiency:
Date: 9
K
SWORN STATEMENT PURSUANT TO SECTION 287.133(3)(a),
FLOREDA STATUTES, ON PUBLIC ENTITY CRIMES
THIS FORM MUST BE SIGNED AND SWORN TO IN THE PRESENCE OF A NOTARY PUBLIC OR OTHER
OFFICIAL AUTHORIZED TO ADMINISTER OATHS..
1. This sworn statement is submitted to MONROE COUNTRY BOARD OF COUNTY COMMISSIONERS
by GARY ELLIS, PRESIDENT [print name of the public entity]
[print Individual's name and title]
for REDRONR , INC.
[print name of entity submitting sworn statement]
whose business address is
200 INDUSTRIAL DRIVE, P.O. BOX 273, ISLAMORADA, FL. 33036
and (if applicable) its Federal Employer Identification Number (FEIN) is 6 5 - 018 014 0
(If the entity has no FEIN, include the Social Security Number of the individual signing this
sworn statement:
2. I understand that a 'public entity crime' as defined in Paragraph 287.133(1)(g), Florida Statutes, means a
violation of any state or federal law by a person with respect to and directly related to the transaction of
business with any public entity or with an agency or political subdivision of any other state or of the United
States, including, but not limited to, any bid of contract for goods or services to be provided to any public
entity or an agency or political subdivision of any other state or of the United States and involving antitrust,
fraud, theft, bribery, collusion, racketeering, conspiracy, or material misrepresentation.
3. I understand that 'convicted' or 'conviction' as defined in Paragraph 287.133(1)(b), Fkwida Statntm means
a finding of guilt or a conviction of a public entity crime, with or without an adjudication of guilt, in any
federal or state trial court of record relating to charges brought by indictment or information after July 1,
1989, as a result of a jury verdict, nonjury trial, or entry of a plea of guilty or nolo eontendere.
4. I understand that an 'affiliate' as defined in Paragraph 287.133(1)(a), Florida Statutes, means:
1. A predecessor or successor of a person convicted of a public entity crime; or
2. An entity under the control of any natural person who is active in the management of the entity and
who has been convicted of a public entity crime. The term 'affiliate' includes those officers, directors,
executives, partners, shareholders, employees, members, and agents who are active in the management of
an affiliate. The ownership by one person of shares constituting a controlling interest in another person,
or a pooling of equipment or income among persons when not for fair market value under an arm's length
agreement, shall be a prima facie case that one person controls another person. A person who knowingly
enters into a joint venture with a person who has been convicted of a public entity crime in Florida during
the preceding 36 months shall be considered an affiliate.
S. I understand that a 'person' as defined in Paragraph 287.133(1)(e), Florida Statutes means any natural
person or entity organized under the laws of any state or of the United States with the legal power to enter
into a binding contract and which bids or applies to bid on contracts for the provision of goods or services
let by a public entity, or which otherwise transacts or applies to transact business with a public entity. The
term 'person' includes those officers, directors, executives, partners, shareholders, employees, members, and
agents who are active in management of an entity.
6. Based on information and belief, the statement which I have marked below is true in relation to the entity
submitting this sworn statement. [indicate which statement applies.]
V Neither the entity submitting this sworn statement, nor any of its officers, directors, executives,
partners, shareholders, employees, members, or agents who are active in the management of the entity, nor
any affiliate of the entity has been charged with and convicted of a public entity crime subsequent to July
1, 1989.
The entity submitting this sworn statement, or one or more of its officers, directors, executives,
partners, shareholders, employees, members, or agents who are active in the management of the entity, or
an affiliate of the entity has been charged with and convicted of a public entity crime subsequent to July
1, 1989.
The entity submitting this sworn statement, or one or more of its officers, directors, executives,
partners, shareholders, employees, members, or agents who are active in the management of the entity, or
an affiliate of the entity has been charged with and convicted of a public entity crime subsequent to July
1, 1989. However, there has been a subsequent proceeding before a Hearing Officer of the State of Florida,
Division of Administrative Hearings and the Final Order entered by the Hearing Officer determined that
it was not in the public interest to place the entity submitting this sworn statement on the convicted vendor
list. [attach a copy of the final order] -
I UNDERSTAND THAT THE SUBMISSION OF THIS FORM TO THE CONTRACTING OFFICER FOR THE
PUBLIC ENTITY IDENTIFIED IN PARAGRAPH 1 (ONE) ABOVE IS FOR THAT PUBLIC ENTITY ONLY AND,
THAT THIS FORM IS VALID THROUGH DECEMBER 31 OF THE CALENDAR YEAR IN WHICH IT IS FILED.
I ALSO UNDERSTAND THAT I AM REQUIRED TO INFORM THE PUBLIC ENTITY PRIOR TO ENTERING
INTO A CONTRACT IN EXCESS OF THE THRESHOLD AMOUNT PROVIDED IN SECTION 287.017, FIQRIDd
STATUTES FOR CATEGORY TWO OF ANY CHANGE IN THE INFORMATION CONTAWED IN THIS FORM.
W'A�,�M0 �W� � PrL4, W, �'- =
..�,. - ...L+�•
Sworn to and subscribed before me this ^ _day of 19
- Personally known V
OR Produced identification Notary i ublic - State o �—J—
d � L �C.
(TM of identification)
Form PUR 7068 (Rev. 06111/92)
NOTARY PUBLIC STATE OF 47LORIDA
My commission expires MY cow 994
` BONDED THRU GENERAL INS. UND„
�Z Y� N QUA 'M'S e,1.L e0t A) C-V
(Printed typed or stamped
commissioned name of notary public)
FLORIDA KEYS FISHING TOURNAMENTS, INC.
FISCAL YEAR 1993-94
MARINER S.L.A.M.. TOURNAMENT
------------------------------------------
DIRECT MAIL.& POSTAGE $
BROCHURES, POSTERS,
PROGRAMS, PATCHES $ 1,000
TROPHIES $ 3,000
PHOTO PROGRAM $
GENERAL - NON -ALLOCATED
BANNERS, OTHER MEDIA ADV.
& FLYERS $ 2,000
$ 6,000
1993 MARINER OUTBOARDS' S.L.A.M.
ITINERARY
September 17.
Friday
8:00
a.m.
Celebrity Golf Tournament, BEY WEST GOLF RESORT.
12:30
p.m.
18th Hole Awards Luncheon, immediately followed
by golf clinic.
2:00
P.M.
S.L.A.M. Registration, Angler/Guide/Celebrity,
- 7:00
P.M.
HEMINGWAY ROOM. SHERATON SUITES.
6:00
P.M.
Cocktail Reception. JUPITER DECK, SHERATON SUITES.
6:00
P.M.
Silent Auction, bid on tackle jewelry, art work and
vacation packages, JUPITER.DECK. SHERATON SUITES.
6:30
p.m.
Rules Meeting, Anglers and Guides, JUPITER DECK,
SHERATON SUITE.
7:00
p.m.
Buffet Kick -Off Dinner, JUPITER DECK, SHERATON SUITES.
8:00
p.m.
Silent Auction Closes -Winners Announced.
8:15
p.m.
Live Auction, JUPITER DECK. SHERATON SUITES.
September 18, Saturday* * *GUIDES Must check in with Scorekeeper
prior to Departure
6:00 a.m. Continental Breakfast for S.L.A.M. participants,
Dockside, TURTLE KRAALS AT LAND'S END MARINA.
6:45 a.m. Blessing of the Fleet, Boats depart and GO FISHING.
3:00 p.m. Lines out of the Water.
3:00 p.m. Dockside Party, meet the celebrities at TURTLE KRAALS.
5:00 p.m.
5:00 p.m. * • * GUIDES must check -in with scorekeeper before 5:00.
8:00 p.m. Celebrity Poker Challenge. TURTLE KRAALS AT LANDS END
MARINA. Anyone can enterl
September 19, Sunday * ; *GUIDES Must chuck in with Scorekeeper
prior to Departure.
6:00 a.m. Continental Breakfast for S.L.A.M. participants,
dockside, TURTLE KRAALS AT LANDS END MARINA.
6:30 p.m. Boats may depart after sign in and GO FISHING.
3:00 p.m. Lines out of the water.
3:00 p.m, Celebrity Dockside party, TURTLE KRAALS.
-5:00 P.M.
5:00 P.M. * * * GUIDES must check in with Scorekeeper
Prior to 5:00 P.M.
7:00 P.M. Cocktail Party and Awards Banquet, JUPITER CRAB
RESTAURANT AND JUPITER DECK, The SHERATON SUITES.
1.
AFFILIATE QUESTIONNAIRE
1. Official Tournament Name
The Mariner Outboards' Southern Most Light -Tackle Anglers Masters (S.L.A
2. Name of Petitioning Organization
The Redbone, Inc.
3. Mailing Address
P.O. Box 273, Islamorada, F1. 33036
4. Person in Charge 5. Phone
Capt. Gary Ellis (305) 664-2002)
6. Address (If different)
7. Check One: For Profit Non -Profit
8. Location of Tournament or Host Site Address
Key West, F1.
9. Date(s) of Tournament 10. Next Year
Sept. 1994 Sept.
11. Format (Release, Modified Release, Weight Fish, etc.)
Release
12. Target Species (If more than one, list separately)
Permit -Tarpon -Bonefish
13. Entry Fee 14. Angler or Boat Tournament
$1,000 Angler
15. Describe how this tournament will benefit Monroe County
Based on past performances, the tournament has brought unprecedented
national media attention to the promotion of flats fishing in the Fla.
Keys. Our charity envolvement reinforces this public relation value.
(Use separate sheet if necessary)
Florida Keys Fishing Tournament, Inc. can only authorize
funds for promotion and advertising.
Amount Requested:
$ 23,000
On a separate sheet list how money will be
specific vendors if possible.
FLORIDA KEYS FISHING TOURNAMENTS, INC.
FISCAL YEAR 1993
The Mariner Outboards' Southernmost Light -Tackle
Anglers Masters (S L A M )
(Name of Tournament)
DIRECT MAIL & POSTAGE $
BROCHURES, POSTERS,
PROGRAMS & PATHCHES $ 2,000
TROPHIES $ 6,000
PHOTO PROGRAM
GENERAL - NON ALLOCATED,
BANNERS, OTHER MEDIA
ADV. & FLYERS
TOTAL
TREASURE S GNATURE
$ 15,000
$ 23,000
NOTICE OF INTENT TO AFFILIATE
WITH
FLORIDA KEYS FISHING TOURNAMENTS, INC.
We, the undersigned do hereby petition the Florida Keys
Fishing Tournaments, Inc. to become a member Tournament un-
der the guidelines set forth by the Monroe County Board of
County Commissioners and the Monroe County Tourist Develop-
ment Council as set forth in the corporation by-laws.
As a member Tournament it is understood that we may apply
for Tournament funding under th provisions outlined in the
Florida Keys Fishing Tournaments, Inc. CRITERIA FOR EVALUA-
TION OF TOURNAMENT FUNDING PROPOSALS.
It is further understood that the Florida Keys Fishing
Tournaments, Inc. is an umbrella organization in contractu-
al agreement with the Monroe County Board of County Commis-
sioners to function as primary agent for dispersal of allo-
cated funds received form the Monroe County Tourist Devel-
opment Council for the promotion and advertising of fishing
tournaments in the Florida Keys (Monroe County).
By this petition it is agreed that the undersigned will co-
operate with the Florida Keys Fishing Tournaments, Iner.,
it's corporate sponsors (if applicable), and officers to
increase the quality of fishing tournaments in the Florida
Keys.
(Tournament)
Name of Applicant The Mariner Outboards' southernmost -Light -Tackle
Anglers Master (S.L.A.M.)
Address p.0. Box
Officers; (print
Dater 28 93
33036
Position;
President
Secretary
Treasurer
TOURNAMENT HISTORY QUESTIONNAIRE
1. NAME OF TOURNAMENT.
The Mariner Outboards' Southernmost Light -Tackle
Anglers Master (S.L.A.M.)
2. AGE OF TOURNAMENT 5th Annual
3. AMOUNT OF ENTRY FEES COLLECTED IN THE PREVIOUS YEAR
TOURNAMENT $18,000
4. NUMBER OF FISHING DAYS
2.
5. TOTAL NUMBER OF REGISTERED ANGLERS 35
6. TOTAL NUMBER OF OUT OF COUNTY ANGLERS
27
7. WAS THE TOTAL NUMBER OF OUT OF COUNTY ANGLERS IN YOUR
PREVIOUS TOURNAMENT, MORE OR LESS IN THE PRIOR YEAR
LESS
A A%Wxllp V620% OK A 16& A4111milf, 1%NW%P&A %wo
FOR CYSTIC FIBROSIS
Fish all or any of the Redbone Celebrity Tournament Series and
help catch the cure for cystic fibrosis. These popular all -release tournaments
feature stars from sports and entertainment.
FLYCASTING • SPIN/PLUG CASTING • BAIT DIVISIONS
Celebrity Host The American Sportsman's Curt Gowdy
"Tell Tail" by C.D. Clarke
One of the many limited edition lithographs available at the Redbone Gallery.
Mariner Outboards' Mercury Outboards'
Mariner Outboards' SLAM t Baybone Biscayne Bay I Redbone Islamorada
(Southernmost Light -Tackle All -Release Redfish/Bonefish
Anglers Masters) ' Celebrity Bonefish All -Release Celebrity
Permit •Tarpon • Bonefish Tournament I Tournament
September 17 19 October 22.24 J November 5 7
�tAR JOUTBOARDS
Kickoff Party and Auction (Featuring Sportsman Vacations and Original Art)
CELEBRITY GOLF TOURNAMENTS • DOCKSIDE PARTIES • AWARDS BANQUETS
For information call 800-999-REDBONE or write The Redbone, Inc., PO Box 273, Islamorada, FL 3=
Sponsored by The Redbone, Inc., a not -for -profit corporation THE ROMA KEYS
dedicated to raising funds to fight and cure cystic fibrosis. Funded & K"WFEST�.�
In the Monroe County Tourist Development Council. �'
I� by tY p Key largo, Isbmaodo, Marathon, lower Keys, Key Wesl
Prooucl Inlormalion 339
�r: C
t
,� ,': ,•• h(:M11�,ti•�•[<"A �• � � � ,,�clnFwA .! iblt"7P t . , y , ,,,• , � � � r' 1 � -'� Y' w �L.. it � �, � fM
t , •, •1r,t H �� � 4,, .,�V��.-�.•a ,„ �f�(L. .7 •`r r � � •l�•t, ,! �'1'tltfl� �..,.�;l,z�•�, . /.�,.
won,.'VVs. �X. •.n,.Pi i / . i r..^ t �• ym{,• �+g�At�}��" �r.
..'..�h,;,�it,_, �r:^�` +�r''�•:1��..;4,, `, : •<R,..,.flMM���*��AC9tS,t� .. '•
•� fit. , b'" •�' , ♦♦ {«t.�••C.; Jf
, � �, ,Y1�'iWf'i�!'�rcV`�' • "t: ...t . ..• Y1J�°'�5. •• r '. � ' ���► `� ri;`.trLi,yw M
y,�. ��t �• 1 j 1. ti.� ••. t. 1• � '� i,71,.A. `(h� •'ri, li
,4• �"'P�""''�Yd�j�",�i'!�f!iCr51�..•r+•c•.,.. :n, .1�•�j{�[c ,4 � r'y" .t'
Calm :111Tatef"sail i$
Key West W,k'
Kart Colli cl Wahoo '"'
•'Florid -�at�in "y44' �}~` :�' �:_ - �- � • .' ••.
'��%; �{a M�';����i i. � 1 t. �� ri _+ •f mil' . Aye .
ii : f16 vD, ' gip' ' �;4 J•�f P• '�� �•' j Jr • • •��Y •ti.o.:
.s•1/S I. ? .• f •. �•��C• ,• ••• I • .. .• .,.
-�: r. • -
A 7
is •' ! .. . •`►• •
THE REDBONE, INC.
MARINER OUTBOARDS' S.L.A.M.
SEPTEMBER 1994
RECEIPTS:
Tournament
Budget
Entry fees $ 25,000
Event receipts 15,000
Sponsors 18,000
Tourist Development Council 23,000
EXPENSES:
National advertising
$ 8,000
Tournament Series souvenir program
6,000
Local event brochures, posters
2,000-
In -County media promotion
1,000
Out -County media promotion
2,000
Signs, banners
4,000
Trophies
6,000
Cable time buy - S. F1. ESPN
8,000
Guides
9,000
Event expense
20,000
Program grants - CF charities
15,000
81,000
The Mariner Outboards' Southernmost Light -Tackle Anglers Masters
(S.L.A.M.) is one of a series of tournaments by Redbone, Inc., to
raise funds to fight against cystic fibrosis. Financial
statements of Redbone, Inc., for the nine months ending March 31,
1993, and for the fiscal years ending June 30, 1992 and 1991, are
hereby incorporated into this proposal as Exhibit II and III,
respectively.
The above budget is for the September 1994 Mariner Outboards'
S.L.A.M. tournament alone, and is representative of the receipts
and expenses projected to be incurred by the tournament.
4/__ April 29, 1993
William N. Fox, Treasurer Date
Notary
•• OFFIC!AL SEAL
�� Jodie Ann Swanson My COmmi{ 00" E :hlr�ra
bi.i. 22 1996
Personally known to me iQ.,, C-,:^in, No. Cr, 170223 JODIE ANN SWANSON
THE REDBONE, INC.
STATEMENT OF CASH RECEIPTS AND CASH DISBURSEMENTS
NINE MONTHS ENDED MARCH 31, 1993
William N. Fox, CPA
AaaouaUa& Tax ead CoasulUag 6erviees
To the Board of Directors
The Redbone, Inc.
Islamorada, Florida
P.O. Box 1930
Islamorada, FL 33036.1930
Off: (305)664-4687
Fax: (305)664.5308
I have compiled the accompanying statement of cash receipts and
disbursements of The Redbone, Inc. (a non-profit corporation) for
the nine months ended March 31, 1993, in accordance with stan-
dards established by the American Institute of Certified Public
Accountants.
A compilation is limited to presenting in the form of financial
statements information that is the representation of the orga-
nisation's management. I have not audited or reviewed the accom-
panying statement of cash receipts and disbursements and, accord-
ingly do not express an opinion or any other assurances on it.
I am not independent with respect to The Redbone, Inc.
1W
Certified Public Accountant
April 19, 1993
Member: FICPA, TSCPA and AICPA
THE REDBONE, INC.
STATEMENT OF CASH RECEIPTS AND CASH DISBURSEMENTS
NINE MONTHS ENDED MARCH 31, 1993
RECEIPTS - FUND RAISING ACTIVITIES
Entry fees
Event receipts
Advertising sales
Merchandise sales
Art Gallery sales
Raffle receipts
Sponsorships
Tourist Development
Other receipts
Direct donations
Council Funding
OTHER RECEIPTS
Transfers from savings
Interest income earned
Advance receipts - 93
accounts
tournaments
TOTAL CASH RECEIPTS •
DISBURSEMENTS - FUND RAISING ACTIVITIES
Program
Media advertising
Banners, signs
Video, photography
Trophies, auction
Guides
Event expense
Cost of merchandise
Prior tournament expense
DISBURSEMENTS - ADMINISTRATIVE
Administrative services
Professional services
Travel, meetings
Corporate, legal
Office supplies, expenses
Telephone
Rent
Other
$ 87,175
83,460
16,670
6,702
2,915
17,954
72,800
20,300
11,286
3,720
322,982
6,250
508
22,750
29,508
352,490
35,702
81313
9,290
2,606
20,265
37,475
79,463
15,621
1,077
209,812
20,185
4,500
4,358
169
4,120
5,877
2,400
1,504
43,113
OTHER DISBURSEMENTS
Inventory purchases - Art Gallery
Utility deposits paid
Sales tax paid
Leasehold improvements expenditures
Prepaid expenses - 193 tournaments
TOTAL CASH DISBURSEMENTS
EXCESS CASH RECEIPTS OVER CASH DISBURSEMENTS
CASH BALANCES, BEGINNING JULY 1, 1992
CASH BALANCES, ENDING MARCH 31, 1993
See accompanying notes and accountant's report.
3,381
375
863
1,189
9,371
15,179
268,104
84,386
7,283
$ 91,669
The Redbone, Inc.
Notes to Financial Statement
Nine Months Ended March 31, 1993
NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The accompanying interim financial statement has been
prepared on the cash receipt and disbursement basis of
accounting. Under that basis, the only asset recognized
is cash, and no liabilities are recognized. All tran-
sactions are recognized as either cash receipts or dis-
bursements, and non -cash transactions are not recorded.
The cash basis of accounting is a comprehensive basis of
accounting other than generally accepted accounting
principles. The cash basis differs primarily because
accounts receivable, deferred expenses, fixed assets,
accounts payable, and advance revenues, are not included
in the interim financial statements.
The Corporation operates on a fiscal year beginning on
July 1 and ending on June 30. Annual financial state-
ments and supplementary information for the twelve
months ended June 30, 1992 and 1991 are available from
the Corporation's office.
organization W.
The Redbone, Inc. is a Florida non-profit Corporation
organized exclusively for the purpose of raising funds
for the research and cure of cystic fibrosis. The Cor-
poration is exempt from federal income taxes as an
organization described in Section 501(c) (3) of the
Internal Revenue Code.
Contributions
A portion of a participant's entry fee, not presenting
consideration received is a contribution to The Redbone,
Inc. The Corporation also receives direct contribu-
tions.
Fund Raisina Activities
The principle fund raising events are fishing tourna-
ments and related activities held in September, October,
and November of each year. Additional funds raising
activities, such as boat raffles and art work sales,
occur throughout the fiscal year.
Program Grants
The Corporation makes program grants to cystic fibrosis
charities from the net proceeds of all activities con-
ducted during the Corporation's fiscal year. Program
grants by Redbone, Inc. are discretionary and are deter-
mined on an annual basis by the Board of Directors.
Organizations receiving program grants from the Corpora-
tion are the Cystic Fibrosis Foundation and other cystic
fibrosis related charities.
Office Space
The corporation leases space as an art gallery and as an
administrative office at $300 per month.
NOTE B - TOURIST DEVELOPMENT COUNCIL FUNDING
The Corporation receives Tourist Development Council
funding from Monroe and Dade counties. At March 31,
1993, the Corporation has a receivable for $26,000 for
reimbursement of 1992 Redbone tournament expenses from
the Monroe County Tourist Development Council. This
receivable is supported by a contract with Monroe County
Board of County Commissioners.
NOTE C - ANNUAL PROGRAM GRANTS
On May 31, 1993, the Corporation will make its annual
program grants from the net proceeds of fund raising
activities and contributions received during.the current
fiscal year. The Corporation's Board of Directors has
approved an annual grant amount of $100,000 for the
fiscal year ended June 30, 1993.
x�i6 T
THE REDBONE, INC.
FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION
TWELVE MONTHS ENDED JUNE 30, 1992 AND 1991
N
William N. Fox, CPA
Accounting, Tax and Comitiq dervicca
P.O. Box 1930
Islamorsda, FL 33036.1930
Off: (305) 664-4687
Fax: (305) 664.5308
TO THE BOARD OF DIRECTORS
THE REDBONE, INC.
ISLAMORADA, FLORIDA
I HAVE COMPILED THE ACCOMPANYING BALANCE SHEETS OF THE REDBONE,
INC. (A NONPROFIT CORPORATION) AS OF JUNE 30, 1992 AND 1991, AND THE
RELATED STATEMENTS OF SUPPORT, REVENUES AND EXPENSES AND CHANGE
IN FUND BALANCE AND THE ACCOMPANYING SUPPLEMENTARY INFORMATION
CONTAINED IN SCHEDULES I AND II, WHICH ARE PRESENTED ONLY FOR
SUPPLEMENTARY ANALYSIS PURPOSES, IN ACCORDANCE WITH STANDARDS
ESTABLISHED BY THE AMERICAN INSTITUTE OF CERTIFIED ACCOUNTANTS.
A COMPILATION IS LIMITED TO PRESENTING, IN THE FORM OF FINANCIAL
STATEMENTS AND SUPPLEMENTARY SCHEDULES, INFORMATION THAT IS THE
REPRESENTATION OF THE ORGANIZA TION'S MANAGEMENT. I HAVE NOT AUDITED
OR REVIEWED THE ACCOMPANYING FINANCIAL STATEMENTS AND SUPPLEMENTARY
SCHEDULES AND, ACCORDINGLY, DO NOT EXPRESS AN OPINION OR ANY OTHER
ASSURANCE ON THEM.
I AM NOT INDEPENDENT WITH RESPECT TO THE REDBONE, INC.
4(,- ';�;e
CERTIFIED PUBLIC ACCOUNTANT
OCTOBER 12, 1992
Member: FICK TSCPA and AICPA
THE REDBONE, INC.
BALANCE SHEETS
JUNE 30, 1992 AND 1991
ASSETS:
CASH
EQUIPMENT, NET OF DEPRECIATION
DEFERRED EXPENSE - FUTURE TOURNAMENTS
LIABILITIES AND FUND BALANCE:
A CCR UED EXPENSES
CONTRIBUTION PAYABLE
DEFERRED RECEIPTS - FUTURE TOURNAMENTS
FUND BALANCE (DEFICIT)
SEE ACCOMPANYING NOTES AND ACCOUNTANT'S REPORT
1992 1991
$ 7,483 $ 4,168
2,864 3,429
7,528 15,279
$17, 875 $22, 876
$ -
$ 198
-
7,000
11,750
24,737
11, 750
31,935
6,125
(9,059)
$17, 875
$22, 876
THE REDBONE, INC.
STATEMENTS OF SUPPORT, REVENUES AND EXPENSES,
AND CHANGE IN FUND BALANCE
TWELVE MONTHS ENDED JUNE 30, 1992 AND 1991
SUPPORT AND REVENUES:
CONTRIBUTIONS FROM ENTRY FEES
DIRECT DONATIONS
FUND RAISING EVENTS, NET OF EXPENSES
INTEREST INCOME
TOTAL SUPPORT AND REVENUES
EXPENSES:
PROGRAM GRANTS:
CYSTIC FIBROSIS FOUNDATION
DIMALAB CYSTIC FIBROSIS FOUNDATION
SUNNY SHORES SEA CAMP
SUPPORTING SERVICES:
FUND RAISING
GENERAL AND ADMINISTRATIVE
TOTAL EXPENSES
EXCESS (DEFICIENCY) REVENUES AND SUPPORT
OVER EXPENSES
FUND BALANCE, BEGINNING (DEFICIT)
FUND BALANCE, ENDING (DEFICIT)
SEE ACCOMPANYING NOTES AND ACCOUNTANT'S REPORT.
1992 1991
$ 45,600 $ 45,000
2,964 2,700
48,564 47,700
89,026 53,226
448 363
138,038 101,289
54,000 60,000
4,000 7,000
2,000 3,000
60,000 70,000
V.
54,153
34,438
8,701
4,989
122,854
109,427
15,184 (8,138)
(9,059) (921)
$ 6,125 $ (91059)
NOTES TO FINANCIAL STATEMENTS
TWELVE MONTHS ENDED JUNE 30, 1992 AND 1991
NOTE A - SUMMITRY OF SIGNIFICANT ACCOUNTING PRINCIPLES
ORGANIZATION
THE REDBONE, INC. IS A FLORIDA NONPROFIT CORPORATION ORGAN-
IZED EXCLUSIVELY
THE
OFPURPOSE
CYSTIC FIBROSIS.
RAISINGFUNDS FOR THE
RESEARCH AND TREATMENT
THE CORPORATION IS EXEMPT FROM FEDERAL
501(c)(3)INCOME
OFTAXES
INTERNAL
AS AN
ORGANIZATION DESCRIBED IN SECTION
REVENUE CODE.
,CONTRIBUTIONS
THE PORTION OF A PARTICIPANT'S ENTRY FEE, NOT REPRESENTING
CONSIDERATION RECE��ERECEIVESCONTRIBUTION
CONTRIBUTIONSREDBONE, INC.
THE CORPORATION AL
PROGRAM GRAtILT�
PROGRAM GRANTS BY REDBONE, INC. ARE DISCRETIONARY AND ARE
DETERMINED ON AN ANNUAL BASIS BY THE BOARD OF DIRECTORS.
ORGANIZATIONS RFIBROSIS FOEIVING �GRAM ANTS FROM T
NDATIONAND OTHERCYSTIC HE PIFBRO N
ARE THE CYSTIC
SIS RELATED CHARITIES.
FUND RAISING ACTIVITIES
THE FINANCIAL STATEMENTS REFLECT THE RESULT OF FUND RAISING
ACTIVITIES OCCURRING IN THE TWELVE MONTHS THEN ENDED. THE
PRINCIPAL FUND RAISING EVENTS ARE FISHING TOURNAMENTS AND
RELATED ACTIVITIES HELD IN SEPTEMBER, OCTOBER,
AND NOVEMBER
OF EACH YEAR. THE 1991 TOURNAMENTS ARE INCLUDED IN THE
STATEMENT OF SUPPORT, REVENUES, AND EXPENSES FOR THE TWELVE
MONTINCLUDEDNINDJUNE 30, STATEMENT FOR2THETHE 1990 TOURNAMENTS ARE
TWELVE MONTHS ENDED JUNE 30,
INCLUDED
1991.
DEFERRED RECEIPTS AND EXPENSES
CERTAIN RECEIPTS, SUCH AS ADVANCE ENTRY FEES, AND CERTAIN
EXPENSES PAID DURING THE FISCAL YEAR ARE RELATED TO FUTURE
TOURNAMENTS. THESE AMOUNTS ARE RECORDED AS DEFERRED
RECEIPTS OR DEFERRED EXPENSES ON THE BALANCE SHEETS AND ARE
NOT REFLRD IN THE THE FISCALYEARSS OF ENDEDSJUNER30,REVENUES,
EXPENSESLASES FOR
OFU
1992AND 1991.
EQUIPMENT
OFFICE FURNITURE AND EQUIPMENT IS RECORDED AT COST. DEPRE-
CIATION IS PROVIDED OVER THE ESTIMATED USEFUL GIVES OF THE
EQUIPMENT ON A WAS $922 AND $307 AT JUNE BASIS.
JUNE30, 1992UANDA
TED DEPRECI-
ATION 1991, RESPEC-
TIVELY.
CoAvu r�n .SF.RVIC�w VES THE CORPORATION RECEI FORE,
HAVE EBEEN ER EEXCLUDED RVICES HNOT
FROM THE
MEASURABLE, AND THEREFOR
FINANCIAL STATEMENTS.
OFFICE SPACE
IN MAY, 1992 , THE CORPORATION THEEGAN RENTING CORPORAT ION D I OFFICE
NOT PAYE A
$300 PER MONTH. PREVIOUS
RENTAL EXPENSE FOR ITS XpFICE HAS CBEENNRECORDEDRELATED
IN THEIBU-
T ION INCOME OR RENTAL EENSE
FINANCIAL STATEMENTS.
NOTE B - FUND BALANCE
THE CORPORATION MAKE S GRAAFIBROSIS ES
INTHE FISCAL
FROM THE NET PROCEEDS OF ALL ACTIVITIES
YEAR ENDED JUNE 30, 1991, RT I ESCORPORATION
WAS I SED BY THE
MORE TO CYSTIC FIBROSIS CHA
PRECEDING TOURNAMENTS
AND
NBAOTHER FUND RAISING ACTIVITIES,
CREATING A DEFICIT FUND
s
SUPPLEMENTARY INFORMATION SCHEDULE I
THE REDBONE, INC.
STATEMENTS OF FUND RAISING REVENUES AND EXPENSES
TWELVE MONTHS ENDED JUNE 30, 1992 AND 1991
1992 1991
REVENUES: $ 95,412 $ 99,310
ENTRY FEES (45,600) (45,000)
LESS CONTRIBUTION-------
49, 812 54,310
94,537 77,400
EVENT REVENUE 118,050 91000
SPONSORSHIPS 36,078 50,376
TOURIST DEVELOPMENT COUNCIL FUNDING -------
FUND RAISING REVENUES $298_477 $191_086
EXPENSES:
PROGRAM EXPENSE, NET OF ADVERTISING SALES $ 22,120 $ 13,056
MEDIA ADVERTISING 14,724 10,019
BANNERS, SIGNS 8,674 12,525
VIDEO, PHOTOGRAPHY 132,792 85,638
EVENT EXPENSE ------- -------
FUND RAISING EXPENSES 209_451 $137=860
EXCESS FUND RAISING REVENUES OVER EXPENSES $-89_026 $-53_226
SEE ACCOMPANYING NOTES AND ACCOUNTANT'S REPORT
•
SUPPLEMENTARY INFORMATION SCHEDULE IT
THE REDBONE, INC.
STATEMENTS OF FUNCTIONAL EXPENSES
TWELVE MONTHS ENDED JUNE 30, 1992
FUND
GENERAL &
PROGRAMS
g,8lSrNG
ADMINISTRATIVE
TOTAL
PROGRAM GRANTS
$60,000
$ -
18,500
$ -
-
$ 60,000
18,500
TOURNAMENT DIR. FEE
6,956
1,739
8,695
ACCOUNTING, OTHER SER .
_
3,654
914
4,568
SALARIES
206
51
257
LEGAL, CORPORATE
_
3,251
-
3,251
INSURANCE.
_
5,920
1,480
7,400
TELEPHONE
4,491
1,123
5,614
POSTAGE, FEDERAL EXP.
_
4,598
1,150
5,748
OFFICE EXPENSE
_
600
600
RENT
_
6, 085
1,521
7,606
ADMINISTRATIVE
492
123
615
DEPRECIATION
_____
------
$60,000
$54,153
$8,701
$122_854
TWELVE MONTHS ENDED JUNE 30, 1991
FUND
GENERAL &
PROGRAM S
BALEAQr
ADMI KI STRAT I VE
T�i�L
PROGRAM GRANTS
$70-
$10,000
$ _
-
$70,000
10,000
TOURNAMENT DIR. FEE
3,976
994
4,970
ACCOUNTING, OTHER SER.
_
1,760
440
2,200
SALARIES
-
2,967
296
3,263
LEGAL, CORPORATE
2,704
-
2,704
INSURANCE
5,332
1,333
6,665
TELEPHONE
1,184
296
1,480
POSTAGE, FEDERAL EXP.
-
3,210
803
4,013
OFFICE EXPENSE
_
3,060
765
3,825
TRAVEL
-
245
62
DEPRECIATION
-----30-
$70,000
$34,438
$4,989
$109_427
SEE ACCOMPANYING NOTES AND ACCOUNTANT'S REPORT.
'EM
THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN [;SUED TO THE INSURED NAMED ABOVE
INDICATED, NOTWITHSTANDING
FOR THE POLICY PERIOD
ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS
CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE
AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS,
EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN
MAY HAVE BEEN REDUCED BY PAID CLAIMS.
CO
.TR TYPE OF INSURANCE
POLICY NUMBER POLICY EFFECTIVE POLICY EXPIRATION'
DATE (MM/DD/YY) DATE (MMIDDNY) ALL LIMITS IN THOUSANDS
AGENERAL LIABILITY
COMMERCIAL GENERAL LIABILITY
GENERAL AGGREGATE
0
X CLAIMS MADE OCCUR.
PRODUCTS-COMP/OPS AGGREGATE $
NGLO9o43 9-8-93 9-8-94 'PERSONAL
�OWNER'S & CONTRACTOR'S PROT.
& ADVERTISING INJURY $
EACH OCCURRENCE $
000
FIRE DAMAGE (Any one fire)
AUTO . WO I BILE LIABILITY
MEDICAL EXPENSE (Any one person) $
ANY AUTO
COMBINED
SINGLE $
All OWNED AUTOS
LIMIT
SCHEDULED AUTOS
BODILY
INJURY $
:HIRED AUTOS
(Per person)
NON -OWNED AUTOS
BODILY
INJURY $
GARAGE LIABILITY
(Per I accident)
'PROPERTY
$
iDAMAGE
EXCESS LIABILITY
EACH AGGREGATE
OCCURRENCE
OTHER THAN UMBRELLA FORM
$ $
WORKER'S COMPENSATION
STATUTORY
AND
Received (EACH ACCIDENT)
EMPLOYERS' LIABILITY
Risk Mgmt. & Loss Control (DISEASEPOLICYLIMIT)
OTHER
;2 — DISEASE—EACHI EMPLOYEE)
I
DATE
UPTON OF OPERATIONS/LOCATIONS/VEHICLES/RESTRICTIONS/SPECIAL ITEMS
Additional Named Insurdso Monroe County and Monroe County Tourist
Development Council
Monroe County and Monroe County SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE
EXPIRATION DATE THEREOF, THE ISSUING COMPANY WILL ENDEAVOR TO
Tourist Development Council MAII 1 Q DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE
41100 N. RLEFT, BUT FAILURE TO MAIL SUCH NOTICE SHALL IMPOSE NO OBLIGATION OR
jP-T Roosevelt Blvd. LIABILITY OF ANY KIND UPON THE COMPANY, ITS AGENTS OR REPRESENTATIVES.
Suite 201 AUTHORIZED REPRESENGTIVE A
Key West, Fl., 33040