What administration and financial standards must a licensed club meet?

From the National Youth Club Licence standards (25 June 2025):

Financial

• Register all participants with its governing organization(s), and not interact with non-member organizations unless approved by them.
• Have a bank account, at least two signing authorities, and require two signatures on all financial transactions.
• Prepare reviewed or audited financial statements.
• Meet these financial standards: net assets above 0; current ratio above 1.5; debt ratio below 1; operating reserves above 20% (or confirmation of financial support equivalent to a 20% operating reserve); average earnings above 0; staff productivity ratio above 2; technical cost margin above 20%.
• Provide financial support for the administrative lead, technical lead, technical staff and coaches to pursue ongoing development, training and certification.

Administration

• Submit an operational plan with a marketing and communications plan, financial development strategy, facility strategy and community engagement strategy.
• Have administrative policies on PIPEDA (or substantially similar provincial privacy legislation) compliance, refunds, collections, registrations, procurement and investments.
• Submit an organizational chart, and have an administrative lead with clearly defined responsibilities who is committed to ongoing development.
• Have a human resource policy (employee responsibilities and behavioural standards, employment agreements, performance management), and all staff must have completed Respect in the Workplace training.
• Run an annual member/customer satisfaction survey and an annual coach survey, and share the results with its governing organization(s).

Source: Canada Soccer National Youth Club Licence standards (25 June 2025), criteria 79 to 110.