Bob984 Posted December 28, 2021 Share Posted December 28, 2021 50 minutes ago, Jeff Ream said: true but this was going on for a while You are correct about the initial judgement, but she filed for appeal, and the final rubber stamp on the appeal decision was just 12/8. It's anyone's guess as to if the board knew/knows, or if they took the time to read the court documents and also examine the 990's....but this is way beyond a family squabble over use of the corps' name, etc.....I am still hopeful that they will look at all and then act. Time will tell, and I think it would be best for all if they do not let this linger and deal with it promptly and well before Spring. Link to comment Share on other sites More sharing options...
Tenoris4Jazz Posted December 28, 2021 Share Posted December 28, 2021 9 hours ago, JimF-LowBari said: That’s what killed the United Way type fundraising they used to have where I worked. Used to get a booklet with all the groups. Then one year they added percentage that went to “administrative costs” and some of the groups were 😳 Just an FYI for you folks wondering about the expense ratio of an active corps... The Academy 2016 (the year they went to Finals) 54.9% of expenses on admin Blue Knights 2019 14% Blue Devils 2017 25%, 2018 26.9%, 2019 26.4% Blue Stars less than 4% for the years 2017-2019 Bluecoats 2019 10.1% Cadets have only submitted a 990 form for 2020, which isn't comparable, but 50% of their expenses for 2020 were repaying debt to YEA Carolina Crown 2019 27.6% Boston Crusaders 2019 8.7% Phantom Regiment 2019 8.8% Cavaliers 2019 26.4% Troopers 2019 21.8% Vanguard 2019 17.5% That is an average of 16.5% for 10 full touring drum corps for comparison... The United Way 2019 $256.7 million in expenses, admin is 2.6% Link to comment Share on other sites More sharing options...
Brian Tuma Posted December 28, 2021 Share Posted December 28, 2021 (edited) 12 minutes ago, Tenoris4Jazz said: Just an FYI for you folks wondering about the expense ratio of an active corps... The Academy 2016 (the year they went to Finals) 54.9% of expenses on admin Blue Knights 2019 14% Blue Devils 2017 25%, 2018 26.9%, 2019 26.4% Blue Stars less than 4% for the years 2017-2019 Bluecoats 2019 10.1% Cadets have only submitted a 990 form for 2020, which isn't comparable, but 50% of their expenses for 2020 were repaying debt to YEA Carolina Crown 2019 27.6% Boston Crusaders 2019 8.7% Phantom Regiment 2019 8.8% Cavaliers 2019 26.4% Troopers 2019 21.8% Vanguard 2019 17.5% That is an average of 16.5% for 10 full touring drum corps for comparison... The United Way 2019 $256.7 million in expenses, admin is 2.6% Thanks for the info. I hope Blue Stars use that as part of their recruitment pitch. With the cost of marching corps kids and parents need to know where their money is going. Edited December 28, 2021 by Brian Tuma Link to comment Share on other sites More sharing options...
Jeff Ream Posted December 28, 2021 Author Share Posted December 28, 2021 1 hour ago, Tenoris4Jazz said: Just an FYI for you folks wondering about the expense ratio of an active corps... The Academy 2016 (the year they went to Finals) 54.9% of expenses on admin Blue Knights 2019 14% Blue Devils 2017 25%, 2018 26.9%, 2019 26.4% Blue Stars less than 4% for the years 2017-2019 Bluecoats 2019 10.1% Cadets have only submitted a 990 form for 2020, which isn't comparable, but 50% of their expenses for 2020 were repaying debt to YEA Carolina Crown 2019 27.6% Boston Crusaders 2019 8.7% Phantom Regiment 2019 8.8% Cavaliers 2019 26.4% Troopers 2019 21.8% Vanguard 2019 17.5% That is an average of 16.5% for 10 full touring drum corps for comparison... The United Way 2019 $256.7 million in expenses, admin is 2.6% 54% wow. and Db had 76%. Link to comment Share on other sites More sharing options...
Jeff Ream Posted December 28, 2021 Author Share Posted December 28, 2021 3 hours ago, Bob984 said: You are correct about the initial judgement, but she filed for appeal, and the final rubber stamp on the appeal decision was just 12/8. It's anyone's guess as to if the board knew/knows, or if they took the time to read the court documents and also examine the 990's....but this is way beyond a family squabble over use of the corps' name, etc.....I am still hopeful that they will look at all and then act. Time will tell, and I think it would be best for all if they do not let this linger and deal with it promptly and well before Spring. i boggles my mind that after everything Cadets went through pre and post YEA they would not have thoroughly vetted a candidate to be CEO. 2 2 Link to comment Share on other sites More sharing options...
Bob984 Posted December 28, 2021 Share Posted December 28, 2021 19 minutes ago, Jeff Ream said: i boggles my mind that after everything Cadets went through pre and post YEA they would not have thoroughly vetted a candidate to be CEO. My guess is that didn't happen when she was first hired, which I believe was as staff coordinator...I'm sure she was screened, but at that time her court thing (which was civil, not criminal) I don't think that there was a verdict yet...and then quickly she was director, and just as quickly CEO.......I honestly hadn't heard about this until recently, so I doubt the board had knowledge, either, or to the real extent of this (ie way more than a family squabble over a name/trademark).....I just hope that they move soon........ Link to comment Share on other sites More sharing options...
Bob984 Posted December 28, 2021 Share Posted December 28, 2021 38 minutes ago, Jeff Ream said: 54% wow. and Db had 76%. I am actually surprised at the numbers with the corps(ie nothing way out of wack)....perhaps Academy had their entire instructional staff bill, drivers, other workers, etc. under "administration". With corps, it is a bit different....yes, they are non-profits....what they (IRS) mainly look at is that all monies are spent ( you can have some reserve to be in the black, but no windfall), the service goals of the non-profit are met, and everything is documented. What WOULD be a possible problem would be if a corps had a huge staff/administrative payroll (and some do), but yet the corps finishes a season and is majorly in the red.....the truth is that the budgets currently, and almost always since the DCI era began, have varied pretty radically. My 2nd year as a staffer we made finals, and yet there was a finalist that had an annual budget that was 15 times ours.....Anyway.....when the non-profit is a foundation, and the main goal stated is to provide scholarships....but over 76% of the money is NOT going toward the scholarships.....that's a fairly huge red flag.... 3 Link to comment Share on other sites More sharing options...
Bob984 Posted December 28, 2021 Share Posted December 28, 2021 2 hours ago, Brian Tuma said: Thanks for the info. I hope Blue Stars use that as part of their recruitment pitch. With the cost of marching corps kids and parents need to know where their money is going. Sadly, the United Way just seems to have bad stuff with CEO's, that keep hindering their cause......On February 9, 2021, The Chronicle of Philanthropy published an article titled, "United Way Worldwide’s CEO Brian Gallagher Stepping Down After Sexual Bias and Harassment Complaints Roil Charity." Link to comment Share on other sites More sharing options...
keystone3ply Posted December 28, 2021 Share Posted December 28, 2021 (edited) 7 hours ago, Jeff Ream said: 54% wow. and Db had 76%. Someone had mentioned that in the most recent years, most of the Academy's administrative cost went to "Tammy Faye's" hair & make up budget. Sorry... Edited December 28, 2021 by keystone3ply cx 3 Link to comment Share on other sites More sharing options...
Smug Trumpet Guy Posted December 28, 2021 Share Posted December 28, 2021 (edited) 10 hours ago, Tenoris4Jazz said: Just an FYI for you folks wondering about the expense ratio of an active corps... The Academy 2016 (the year they went to Finals) 54.9% of expenses on admin Blue Knights 2019 14% Blue Devils 2017 25%, 2018 26.9%, 2019 26.4% Blue Stars less than 4% for the years 2017-2019 Bluecoats 2019 10.1% Cadets have only submitted a 990 form for 2020, which isn't comparable, but 50% of their expenses for 2020 were repaying debt to YEA Carolina Crown 2019 27.6% Boston Crusaders 2019 8.7% Phantom Regiment 2019 8.8% Cavaliers 2019 26.4% Troopers 2019 21.8% Vanguard 2019 17.5% That is an average of 16.5% for 10 full touring drum corps for comparison... The United Way 2019 $256.7 million in expenses, admin is 2.6% I just Googled average administrative cost of charities and it came out to around 15 percent. I don't think anything fishy is going on, though Academy is spending a lot on it and they always have had high tuition. It seems that your united way comparison is a bit misleading Edited December 28, 2021 by Smug Trumpet Guy Link to comment Share on other sites More sharing options...
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