COVID-19 Update: Vanguard Bingo


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On 3/23/2020 at 3:45 PM, jonnyboy said:

At what point does the state shut down start to negatively affect Vanguards and BDs operations?  Do they rely on bingo so heavily that a several month shut down of bingo halls could throw these corps off track?

Now and yes. 

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This also effects BD bingo operations (4 locations). 

I would imagine corps with no/few paid staff (other than summer contractors) and low overhead could easily weather a hibernation. The million dollar corps might also muster enough $$$ to keep things g

From BD's tax returns (available on line for all to see) it does not look like they would have too much to worry about.  The most recent year is not available to see yet, but they probably don't chang

20 hours ago, Rich Cline said:


VMPA also list a 7 Page Strategic Plan on their website
STRATEGIC PLAN
https://www.scvanguard.org/strategic-planning/
The strategic plan that we have laid out here has come to life through intensive research, data collection, and conversations to better understand our needs and goals
as an organization. We are confident this plan will provide the guidance we need to address the concerns of today and growth for tomorrow.
 

SCV Strategic Plan

Page 8 Section D Paragraph 1.  "Imagine a drum corps that is not reliant on bingo."  A 3-5 year plan to remove bingo funding needs starting in 2019.  

 

I'm very curious how BD and SCV fare if they go from being cash rich to cash poor, if that indeed happens.

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34 minutes ago, jonnyboy said:

SCV Strategic Plan  Page 8 Section D Paragraph 1.  "Imagine a drum corps that is not reliant on bingo."  A 3-5 year plan to remove bingo funding needs starting in 2019.  

Hope they had a good start last year putting a plan together, since covid19 might cause some other concerns to be part of that plan.

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On 3/23/2020 at 2:45 PM, jonnyboy said:

Vanguard's bingo is down for 3 weeks and they are already asking for more donations.  At what point does the state shut down start to negatively affect Vanguards and BDs operations?  Do they rely on bingo so heavily that a several month shut down of bingo halls could throw these corps off track?

From BD's tax returns (available on line for all to see) it does not look like they would have too much to worry about.  The most recent year is not available to see yet, but they probably don't change all that much from year to year.

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