Financial Transparency & Public Resource Ledgers
Exhaustive publication of audited annual accounts, public subsidy distributions, zero-profit stewardship, and certified statutory auditor reports at Hôtel du Département in Bobigny.
Our Absolute Commitment to Open Financial Books
As a non-profit association operating under the Law of July 1, 1901 and classified under NAF 93.11Z, ASSOCIATION VACANCES 93 manages public funds with the highest degree of ethical rigor and republican accountability. Every grant from the Departmental Council of Seine-Saint-Denis, every municipal allocation, and every euro of membership dues is accounted for in accordance with the National Chart of Accounts for Associations (Plan Comptable Associatif).
Our financial statements are audited independently by certified statutory auditor Jean-Luc Perrin (Cabinet Audit Seine-Saint-Denis), whose formal certification opinion is published below. We make these figures accessible to all citizens, journalists, and public administrators as proof of our fiduciary integrity.
1. Audited Operating Statement: Fiscal Year 2025
The following audited table represents the realized revenue resources and operational expenditures for the fiscal period from January 1 to December 31, 2025. Total operational execution was balanced at €1,450,000.
| Revenue Origin (Public & Statutory) | Allocated Amount | Percentage Share | Designated Purpose |
|---|---|---|---|
| Conseil Départemental de la Seine-Saint-Denis | €620,000 | 42.8% | Public utility grant for 40 sports facilities & holiday stays |
| Municipal Covenants (12 Partner Town Halls) | €340,000 | 23.4% | Facility maintenance, localized animators, weekend clinics |
| Agence Nationale du Sport (ANS) | €210,000 | 14.5% | Equipment acquisition, sports pedagogy, female inclusion |
| Caisse d'Allocations Familiales (CAF 93) | €160,000 | 11.0% | Social holiday allowances (Vacaf/Aide aux Vacances) |
| Statutory Membership Dues & Contributions | €120,000 | 8.3% | Nominal membership contributions fully reinvested in field gear |
| Total Operating Resources 2025 | €1,450,000 | 100.0% | 100% Dedicated to Public Interest Missions |
2. Functional Expenditure Breakdown 2025
Our budgetary discipline prioritizes direct field impact over administrative bureaucracy. In 2025, 88.4% of every euro was directed to youth programs, sports equipment, transportation, and safety gear:
| Operational Expenditure Category | Executed Amount | Percentage Share | Field Description |
|---|---|---|---|
| Holiday Camp Lodging & Organic Catering | €485,000 | 33.4% | Approved regional natural park centers, nutritional meals, hygiene |
| Certified Pedagogical & Sports Salaries | €420,000 | 29.0% | Compensation for BPJEPS educators, BAFA leaders, healthcare aides |
| Chartered Eco-Coach Transportation | €215,000 | 14.8% | Low-emission motor coaches for mountain and seaside camps |
| Sports Equipment & Safety Compliance | €162,000 | 11.2% | Basketballs, hurdles, mats, first-aid kits, defibrillators |
| Administration, Auditing & Insurance | €168,000 | 11.6% | Comprehensive civil liability, statutory audit fees, secretariat |
| Total Operational Outlays 2025 | €1,450,000 | 100.0% | Zero Dividends • Zero speculative outlays |
3. Provisional Budget Forecast: Fiscal Year 2026
Approved unanimously by the General Assembly on May 17, 2025, our 2026 provisional operating budget expands our public utility reach to €1,620,000. This planned expansion accommodates five additional municipal sports facility agreements in outer suburban communes and adds 150 residential holiday camp slots for children from priority urban neighborhoods.
The additional funding will be underwritten by expanded departmental solidarity grants and renewed covenants with the French National Sports Agency. Administrative overhead will remain tightly capped at 11.2%, ensuring maximum resource efficiency.
4. Formal Certification Opinion of the Statutory Auditor
"In my capacity as Statutory Auditor appointed under French corporate and association statutory law, I have audited the accompanying financial statements of ASSOCIATION VACANCES 93 (RNA W931002489) for the year ended December 31, 2025. In my opinion, the financial statements give a true and fair view of the assets and liabilities and of the financial position of the association as at December 31, 2025, and of the results of its operations for the year then ended in accordance with French accounting rules and principles."
Commissaire aux Comptes • Compagnie Régionale de Paris Certified in Bobigny, March 14, 2026
5. Strategic Reserve Fund & Equipment Depreciation Policy
In compliance with good governance recommendations for public interest associations, ASSOCIATION VACANCES 93 maintains an operating reserve fund equivalent to four months of operating expenditures (€480,000). This reserve is held in regulated, secure French municipal treasury bonds and guarantees the continuity of youth programs in the event of delayed prefectural grant disbursements or unexpected emergency repairs.
Furthermore, all durable athletic assets—including gymnastics trampolines, landing crash pads, portable basketball hoops, and mountain tents—are amortized on linear multi-year schedules conforming to French tax administration guidelines. Equipment reaching the end of its certified life is recycled responsibly through regional ecological recovery channels, with usable gear repurposed for local elementary school recreation yards.
6. Public Ledger Consultation Protocol & Internal Controls
To prevent financial irregularity or conflicts of interest, ASSOCIATION VACANCES 93 implements strict dual-signature disbursement requirements. All payments exceeding €1,500 require concurrent authorization from both President Jean-Marc Laurent and Treasurer Pierre Dubois, verified against pre-approved municipal conventions. Competitive bidding is required for all logistics and catering contracts exceeding €10,000, guaranteeing optimal use of public resources.
Any active association member, municipal council delegate, or resident of Seine-Saint-Denis may consult the complete financial records of ASSOCIATION VACANCES 93 in person. Ledger consultation appointments are held every Thursday afternoon between 14:00 and 17:00 at our administrative secretariat inside the Hôtel du Département, 124 Rue Carnot, 93000 Bobigny.
To maintain physical record integrity, visitors are accompanied by an officer of the treasury bureau. Photocopied and certified digital extracts of the general ledger, asset depreciation registers, and auditor synthesis reports are provided upon formal request at no charge.