fsthnds
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Posts posted by fsthnds
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8 minutes ago, dbc03 said:
Can you point me to where other corps have answered this question?
BD's statement and FAQ don't answer it, nor does SVC's, nor Crown's, nor Bluecoat's, nor Boston's...
Without even trying and searching every DCI corps. I found FAQ's on websites for Blue Knights, Blue Stars and Cavies that they all are extending contracts to 2021 for members. Boston may not have announced but I hear they are doing the same.
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25 minutes ago, cixelsyd said:
You are aware that they are reorganizing, right?
And what is the rush? What is lost if they make 2021 membership policy decisions next week instead of this week?
Yes I am WELL aware they are reorganizing and that just reinforces my points about still being behind on info about the organization. I was actually one of the first people to bring the reorg subject up.
My pulse has beat for the long term stability for the Cadets and my feeling is they are MISSING the opportunity that is before them.
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15 hours ago, HockeyDad said:
Why does each corps even have to issue a statement at all? What do you need to know at this moment that the DCI release didn’t tell you? Cut them some slack.
The Cadets have let the opportunity to get ahead of the curve and use it to their advantage pass them by. I look at the other top 12 corps and see everyone else already putting out 2021 plans, being honest about difficulties that lay ahead, and what to expect going forward. This has been a problem of the Cadets for an extended period of time.
Answers to the simple questions like have the Cadets guaranteed 2020 members a position with them for 2021 as other corps have? should have already been answered. I personally know two members families that are saying their marching members will not go back them in 2021 because of the continued lack of information provided by the Cadets this winter.
The DCI statement specifically states to watch for announcements from and to contact your corps for membership and other related questions. Being able to address problems as they arise is a sign of a well organized operation. DCI led the way and the corps needed to be prepared to follow, Something that the Cadets appeared NOT ready to do!!!
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3 hours ago, njthundrrd said:
Not frommy view! I think Cadets need some PR lessons. Maybe they should have consulted with SCV, BD and Cavies on how to prepare an informational press release instead of 2 or 3 paragraphs of non information. They have had several days just like the other corps to get a professional, informational press release. WAY TOO MANY QUESTIONS LEFT UNANSWERED!
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38 minutes ago, Algernon said:
It comes down to available housing, parents and money.
Can't see a school system allowing 200+ individuals to stay in their gym for 1-2 days this Summer, not to mention 3-4 weeks in the late Spring
Can't see parents allowing their children to get on a bus and ride around the country for weeks on end.
Can't see corps organizations having the funds to do go on the road without housing or members or.......bingo. Wouldn't be surprised for BD or SCV to make the call to do what's right for their corps and then DCI to follow
You can add in "All it will take is 1 person to be diagnosed with the virus while on tour and 200+ people are quarantined for 2 weeks in who knows whereville USA."
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On 3/3/2020 at 9:03 AM, njthundrrd said:
What are your Top 3 Cadets shows since 2000 and why?
Everyone!
They all are the best time for a 17 minute bathroom and food break! LOL
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4 hours ago, lifeisaround said:
Heard some rumors about how the cadets are legally becoming a 501c3 and they’re just going under another umbrella of another non profit that just folded a drum corps.... I am hoping this is not true and I hope that they do get their ducks lined up....
Heard the same at the WGI Regional in S. Brunswick where Cadets had a recruitment table. They are going to use an existing 501c3 and they will be based in NJ. At 1st I thought the YEA one but heard about an inactive 501c3 of another drumcorp.
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3 hours ago, garfield said:
Cadets are a 501c3. Don't worry, you can give plenty and write it ALL off as a charitable contribution.
So, did you, are you, or will you? Or does this criticism only relate to those who can and do give?
Your answer to the first question will help you determine if they should consider your answer to the second.
Last night Denise specifically said they DO NOT have a 501c3 at this time. They are in the process of applying for it.
Until they have a BOD in place I believe they would not be able to even apply to the IRS. That tells me that the earliest they will even be able to apply for it is 4/1.
Remember the 501c3 is not only for contributions but is also a way for a non-profit to save on sales and other taxes!
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1 hour ago, George Dixon said:
just a stab in the dark that you were the "Harrison" in the live chat box asking again and again about 501c3?
they DID answer the repeated question of being able to fundraise and ensured that they were in a place to legally accept them - the question was just asked (by you?) in five different ways
bottomline is - if you aren't comfortable "to donate" DO NOT DONATE. Simple as that. Perhaps once the new BOD is announced and things become more "official" on 3/31/2020 you can make your massive donation at that time...
Cadets can fundraise without a 501c3. The bottom line is the DONOR cannot take any tax credit without the 501c3. Be careful if you donate now as your donation would not be tax deductible. My recommendation would be wait to donate until they have their non-profit status confirmed.
I know with the IRS that can take several months or longer. Especially if you are a new identity with no previous filings.
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3 hours ago, Fran Haring said:
Perhaps a dumb question here...
But what would happen if the USBands circuit folds?
I know other circuits already have picked up some bands from USBands after the 2018 situation... but can they absorb even more, or would another circuit spring up?
I know... a lot of "please predict the future for me" stuff here... but I was just wondering.
Many bands that compete in US Bands are competing and performing in other circuits during the competitive season. Other than CT. almost evry other state US Bands are in, have one or more other circuits to compete in.
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1 minute ago, garfield said:
You missed the point. Do the Cadets own the debt, or does YEA!?
YEA! spun off Cadets to their own org; if anyone has any direct knowledge of how much debt went with them, please add. It is also safe to say that the Cadets corps will carry their debt to DCI because it is the corps that DCI can prevent from the tour if they aren't paid. DCI can also make arrangements of their own for repayment.
My point was did Cadets sign a contract to sponsor the shows or was it YEA? Which is what you also were asking. From a DCI standpoint if it is owed by the Cadets then the amount due could easily be witheld from 2020 appearance fees for the Cadets.
Not every show is sponsored by a DCI corps. I believe the debt restructuring is still TBD.
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6 hours ago, 2000Cadet said:
If they were there, would it matter? Every time @dans comes on here with some positive information from the camps, so many people want to question what he/she saw. But now, people are willing to defend a negative review of a (satellite) camp because that person was there.
Essentially, these are all opinions. But I am willing to listen to the opinions of those who were there, regardless of whether it is negative or positive. That's what drum corps is.
I read that it was a "Mandatory" Brass camp for 2020 members and also open auditions.
My understanding was that at mandatory camps attendance by all is usually required.
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1 hour ago, garfield said:
I'm presuming this is true. And, based on that presumption, it's a slam-dunk-correct presumption that the current group of leaders are not going to let the $67m mistakes of the past take the Cadets organization down. It simply won't happen. First step, separate the entity. Most likely all debt incurred was done under the YEA! banner, not the drum corps specifically, and yes, even when the same person was signing.
Sorry, Mike, not at you. Once I got started... ugh.
Yes, the $67,000 quoted is what Cadets or YEA owe DCI for other corps appearance fees from the shows they hosted in 2019. There is also a large unpaid bill for the use of Met Life Stadium in 2019 (both US Bands and Cadets shows) that is why the show site on the 2020 schedule is listed as TBD.
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1 hour ago, garfield said:
I'm just... What DOES this mean? "...current future...". You mean, like now. Or now? Now about now? Oh, now. ??
Oh, the hand-wringing...
Day B Fine
Has anyone seen George Hopkins post on facebook about the future of the Cadets and US Bands? A friend told me about it but I am not friends with GH on facebook
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11 hours ago, TwoValves said:
Sorry, but you just don't know the facts that you are speaking about.
1 - What don't you understand about cannot just "swap" status? You have to DISSOLVE a 501(c)(3). That means there is nothing left to "swap." Law doesn't leave gray area to that question.
2 - Of course you can form a corporate entity easily and quickly. However, you cannot for a Not-for-profit corporate entity with 501(c)(3) status quickly and easily. Everything involved in forming, running, and yes ending those are vastly different than a regular for-profit corporation. The legal difficulties are significant when you begin winding down a non-profit - and having to get sign-off approval of your state's AG is not a "business difficulty" - that is as legal as it gets. I would love to see an example of what you claim to be a case where a for-profit purchased a non-profit outright.
3 - Does Varsity currently operated competitive events itself? Or are they in the businesses of selling products to participants and organizers of competitive events?
Answer to #3 is Yes. They run cheer competitions across the country. If I am correct they are hosting a Color Guard show in Fla. either this or next month. I Know they were trying to organize some independent CG shows under the Varsity name
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32 minutes ago, dans said:
And your point is? And if you really think the Cadets are going to be a feeder corps for anyone, you obviously have not been to any camps this year. The current Cadets are far from a feeder corps for anyone.
The point of this is the irony of what was said when another corp from the northeast had camps in Fla.
A large departure from their NJ /PA. roots and history!
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11 hours ago, dans said:
This thread gets more absurd by the minute!
And where is the Cadets brass camp this weekend?????
FLA.
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12 minutes ago, George Dixon said:
Boston (aka Inspire) - I don't think selling it to them was a smart long term strategic move. Smart of Boston to try though!
Maybe The Cadets go into the Inspire family and continue as a training ground for the Crusaders! The irony of such a scenario.
You never KNOW what may or may not happen.
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Just like when YEA dropped Crossmen and later C2 because they were a financial drain.
Guess you can call this Crossmen 2.0
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10 minutes ago, sunnyday72 said:
Splitting the two entities into separate nonprofits is probably the best idea they've had in a long time. I think it'll lead to more financial stability for both Cadets and USBands.
Glad to see them announce this now instead of announcing it the day it goes into effect. YEA and Cadets need to be ahead of the story instead of continuing to allow the rumor mill to run wild!
There are going to be many questions as to if the Cadets can stand on their own financially. Now donor's will at least know where their donations are being allocated by who they chose to donate to.
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4 hours ago, Slingerland said:
Doubtful Varsity is interested in US Bands given USB's connection with YEA. Why bother buying something from an org who has no visible means of support? Wait for them to crash, then start up your own circuit free from the detritus.
Varsity or others could look at this as an expansion of their present competitive youth activities they are already involved with. A sale would allow US Bands to be on it's own with no connection to YEA! (similar to the Crossmen "sale")
Then YEA could dissolve their Board and use those funds to pay off any outstanding debt or declare bankruptcy.
The Cadets then create a "new " stand alone non-profit with their own mission statement for the Corps. Now you are back to a pre YEA Cadets and eliminate the Hopkins stigma that has tarnished the organization.
It will all depend on whose name any bills/debts are in (YEA vs US Bands or Cadets) It all becomes a shell game just like the corporate for -profit business world.
Of Course this is "ALL" hypothetical
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10 hours ago, cybersnyder said:
Not sure if serious or making an April Fools joke....
Was told this over the last 2 weeks by 2 different people. One who is with the Cadet's management team and the other a member of the US Bands administration. Do not think either was joking.
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On 1/31/2020 at 6:08 PM, George Dixon said:
Yup I'd personally expect something the week after the 2/18 meeting. Based on nothing but "what would make sense"
The key date I am told is 4/1 for a reorganized YEA
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1 hour ago, HockeyDad said:
Yikes is that what’s really happening? In that case if I were a creditor I could ask the court to have them sell those nice new shiny instruments and give me the money. This is more precarious than I knew. I hope that’s not the situation but under the shroud of secrecy that exists, it’s hard to know.
Can't sell the new instruments because they are "on loan" and actually not owned by the Cadets or YEA.
A common practice to prevent creditors from taking possession of assets!
Cadets 2020
in DCI World Class Corps Discussions
Posted
Maybe they will. I just want to see someone show leadership and confidence in a time of crisis.
By stating plans for 2021 that show a group is confident moving forward.