cixelsyd Posted September 9, 2023 Share Posted September 9, 2023 8 hours ago, Bob984 said: DCI doesn't own or run any drum corps.........it is true that they may ask to review the corps to see if they are considered fiscally ok enough to tour and have done it in the past, but they are not looking to micromanage....if they did, we would be down to well under 10 world class corps....... I would like a better idea what you mean by "micromanage". Here is an excerpt from the DCI Policies and Procedures Manual regarding what it takes for an open-class corps to move up to world-class: Open Class to World Class Participant • Leadership/director must participate in a mentorship program in which an Open Class director will be paired with a WC Member for general guidance. May also be paired with subject matter expert(s) in specific areas of need • Top 25 for 3 consecutive years • Revenue in year 3 of this process should be at least $750k with positive earnings before depreciation • A positive net worth of $50,000 or more in each of the past three fiscal years • The budget for year 4 (first year in World Class) should include a surplus of $50,000. • Financial Statement prepared by an Outside Accounting Firm (Financial Audit or Financial Review as required by your governing state) • Independent Board defined by good governance best practices • Monthly cash flow projection for year 4 (first year in World Class) • Debt to equity ratio should be lower than 3 to 1, e.g. long-term lease, notes payable, accounts payable After the above criteria are met, then organization can request to become a World Class Participant • Evaluation/interview by DCI CEO • If recommended by CEO, organization presents to the DCI Board of Directors for potential ratification Is this still just what you would call a "review", or does it cross the line to "micromanage"? 1 3 Link to comment Share on other sites More sharing options...
JimF-LowBari Posted September 9, 2023 Share Posted September 9, 2023 18 minutes ago, IllianaLancerContra said: I think you are correct. And this opens many cans of worms - one for each SCV donor, esp those who donate large sums The new, transparent, SCV should post, next to their donation solicitation, a statement concerning whether the donation is tax deductible. First paragraph: wonder how this affects corporate sponsorship (including deals on equipment). Gotta figure the companies have got this all worked out to their benefit. Second paragraph: might be a nasty surprise for people not following this. “Why can’t I deduct this donation anymore?” Link to comment Share on other sites More sharing options...
LabMaster Posted September 9, 2023 Share Posted September 9, 2023 7 minutes ago, JimF-LowBari said: First paragraph: wonder how this affects corporate sponsorship (including deals on equipment). Gotta figure the companies have got this all worked out to their benefit. Second paragraph: might be a nasty surprise for people not following this. “Why can’t I deduct this donation anymore?” Shouldn’t an org provide a donor with tax deductible info/docs, so when a tax deductible donation is claimed/included in the tax filing, documentation legitimizing the donation is available? And if the documentation is not legit, up to date, or whatever is needed to make it legit, would the org providing the non legit docs be in trouble with the IRS? Basically, to enable someone to put in a tax deductible donation, everything about it needs to be from an org in good standing. Or no deduction would be available. 1 Link to comment Share on other sites More sharing options...
Jeff Ream Posted September 9, 2023 Share Posted September 9, 2023 9 hours ago, GraysonHarris said: Anaheim is...rough, to say the least. You should go check out the old VK corps hall if you feel adventurous No because the monorail won’t go there. It will however take me to Ogas 1 Link to comment Share on other sites More sharing options...
Jeff Ream Posted September 9, 2023 Share Posted September 9, 2023 9 hours ago, Bob984 said: If you are right about the shape that they are in after already a year off, then they just made a big mistake. It would be better to take another year (though that will also greatly impact/hinder their future competitiveness) of the situation is that dire.........what you mention did happen with both Suncoast Sound and Magic...as examples.......... Yup. More than one Link to comment Share on other sites More sharing options...
Jeff Ream Posted September 9, 2023 Share Posted September 9, 2023 7 hours ago, lawdn said: I find the CA DOJ notices of delinquency less than clear, but the first one said that it appeared per applicable law that audited financials were required, so that VMAPA should either provide them or explain why audited financials were not required by law. The second delinquency notice did not mention audited financials, only that IRS Form 990s must be filed. Possibly VMAPA provided DOJ with a satisfactory explanation of why audited financials were not required. Or possibly CA DOJ expects that as it never retracted its position that audited financials seemed to be required, it is still expecting them. But as of today, the CA charities registry continues to show VMAPA as delinquent, meaning they cannot be soliciting or disbursing charitable funds And yet, there are those donation pages on their website…. Exactly. Love him or hate him Richard Lesher spelled a lot of it out from his knowledge from working inside SCV. He’s provided far more information than the organization 2 Link to comment Share on other sites More sharing options...
MarimbaManiac Posted September 9, 2023 Share Posted September 9, 2023 11 hours ago, Bob984 said: "Many students are owed money"....are you basing that strictly on those that attended camp last year? Were those kids not housed, fed, and provided instruction"? Granted, you could argue that they just decided to go ahead with the camp, knowing they are not coming out.....likely, but not proven. Now, if a kid paid money toward dues, that is different....though that early, doubtful, and if so, minimal overall. it would perhaps be arguable that perspective members were deceived and thus auditioned for a corps that wasn't going to happen.....however, in the past, there have been corps that were practicing in May that did not come out, and a few that didn't even finish the season or even "stuck on tour"........far, far worse than what happened here............. The fact that you are defending their actions surrounding that camp, is very telling. There is NO DEFENSE for what they did, and on that point alone the organization should have been ashamed and stepped forward to make very public apologies and restitutions. The students didn't sign up for an "instructional clinic," they signed up for an audition for an opportunity, which they did not receive. Anyone that's going to blindly support what the organization does from this point forward, without asking for receipts or oversight, is contributing to the same problem that started this mess. It might be the financial side that finally collapsed the house of cards, but it was built on secrecy and by taking advantage of a naive and trusting DCI/alumni/fan base. As of now I've seen nothing that shows they've made the necessary cultural changes, so I see nothing that deserves blind trust. 3 Link to comment Share on other sites More sharing options...
JimF-LowBari Posted September 9, 2023 Share Posted September 9, 2023 1 hour ago, LabMaster said: Shouldn’t an org provide a donor with tax deductible info/docs, so when a tax deductible donation is claimed/included in the tax filing, documentation legitimizing the donation is available? And if the documentation is not legit, up to date, or whatever is needed to make it legit, would the org providing the non legit docs be in trouble with the IRS? Basically, to enable someone to put in a tax deductible donation, everything about it needs to be from an org in good standing. Or no deduction would be available. Problem is the donor does not get the paperwork about the donation until AFTER the donation has already been made. So donor doesn’t find out it’s not deductible until it’s too late. That’s what I was thinking about. 1 Link to comment Share on other sites More sharing options...
cixelsyd Posted September 9, 2023 Share Posted September 9, 2023 13 hours ago, LoveKathyG said: There’s no point in not accepting this as good news, unless you have other motives. Yes, it is true. While you clamor for SCV 2024, I have other motives: SCV 2025 SCV 2026 SCV 2027 SCV 2028 SCV 2029 SCV 2030 3 Link to comment Share on other sites More sharing options...
rmurrey74 Posted September 9, 2023 Author Share Posted September 9, 2023 I can’t wait to see what this design team has come up with after an extra year of planning. 1 Link to comment Share on other sites More sharing options...
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