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Intrepid Events Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 824422113 ✦ Ketchum, ID ✦ Designated as a 501(c)(3)

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Overview

What is Intrepid Events Inc?

Intrepid Events Inc is a 501(c)3 nonprofit organization based in Ketchum, Idaho. Their primary mission is to organize unique events that engage both locals and visitors, while simultaneously raising funds for local charities making a significant impact in the community. Their signature event, Sun Valley Tour de Force, is a three-day extravaganza for car enthusiasts, sponsors, and guests. Highlights include high-speed runs, car shows, and exclusive events, all leading to a live auction and fundraising for the Hunger Coalition, a local nonprofit addressing food insecurity. The event attracts car lovers from across the country, offering an exciting, exclusive, and relaxing weekend in the picturesque Sun Valley area. Intrepid Events Inc. is supported by various sponsors, including McLaren, Porsche Cars North America, and others.


Official website here: www.sunvalleytourdeforce.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Zero-Star out of Four Star rating

Intrepid Events Inc has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 45%, the organization shows serious weaknesses, particularly in governance, as it has no independent board members and lacks essential policies such as conflict of interest and whistleblower protections.

While the organization has reported a low liabilities to assets ratio of 1.02%, emphasizing financial stability, it has not posted financial statements or tax forms on its website, raising transparency issues. The program expense ratio of 62.62% suggests that a substantial portion of its expenses is directed toward its program activities; however, the lack of independent oversight may undermine trust in its financial reporting.

Overall, Intrepid Events Inc faces significant challenges in governance and transparency, which could impact donor confidence and the organization's ability to operate effectively in the nonprofit sector. The absence of critical accountability measures and financial documentation highlights the need for improvement in its practices.


This AI summary has been generated from information found on Charity Navigator.

Is Intrepid Events Inc legitimate?

Intrepid Events Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Intrepid Events Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $181,008

For more financial information, click here


Official website here: www.sunvalleytourdeforce.com

What is the mission statement of Intrepid Events Inc?

Intrepid Events Inc, as a non-profit organization, focuses on creating unique events that engage both visitors and locals. These events serve as platforms to raise funds for local charities that are making a significant impact in their communities. One of their signature events is the Sun Valley Tour de Force, which is a three-day extravaganza for car enthusiasts, sponsors, and guests. The event features high-speed runs, a car show, and a live auction, among other activities. The proceeds from these events are donated to the Hunger Coalition, a nonprofit organization that addresses food insecurity in the community. Intrepid Events Inc aims to offer unforgettable experiences while contributing to causes that make a difference in society.


Official website here: www.sunvalleytourdeforce.com

Who is the CEO of Intrepid Events Inc?

Kevin Lachapelle is the Treasurer of Intrepid Events Inc.


Official website here: www.sunvalleytourdeforce.com

What is the revenue of Intrepid Events Inc?

Intrepid Events Inc's revenue in 2023 was $672,569.


Official website here: www.sunvalleytourdeforce.com

Who are the executives of Intrepid Events Inc and what are their salaries?

There 70 volunteers at Intrepid Events Inc.


Here are 3 key members and their salaries:


John Frey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Lachapelle (Chairman/Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Stone (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sunvalleytourdeforce.com

Where can I find the form 990 for Intrepid Events Inc?

Intrepid Events Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.sunvalleytourdeforce.com

Learn more at the official website: www.sunvalleytourdeforce.com

Mission Statement of Intrepid Events Inc

Intrepid Events Inc, a 501(c)3 organization, is dedicated to creating distinctive events that engage both visitors and locals while raising funds for local charities making a significant impact in their communities. The nonprofit's mission is to provide unique experiences that cater to various interests, particularly car enthusiasts, while simultaneously supporting worthy causes. One of their signature events is the Sun Valley Tour de Force, a three-day extravaganza for car enthusiasts, sponsors, and guests. Highlights of this event include high-speed runs, hosted sponsor events, a car show, and the Cars & Comedy fundraiser. These activities attract visitors from across the country, who share a common passion for cars and appreciate the serene ambiance of Sun Valley.

The Sun Valley Tour de Force serves as a primary source of funding for the Hunger Coalition, a local nonprofit organization that addresses food insecurity in the community. During the event, Intrepid Events Inc successfully engages various sponsors, including luxury car manufacturers such as McLaren, Porsche, and BMW, to support their cause. The nonprofit's events are meticulously planned, offering exclusive experiences for guests, while simultaneously contributing to the betterment of their community. Intrepid Events Inc's mission is to bridge the gap between entertainment and philanthropy, providing unforgettable experiences and making a meaningful difference in the lives of those in need.

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Impact




July, 2024

Intrepid Events Inc creates unique events that engage visitors and locals while raising funds to support local charities making a difference in the community. One of their notable events is the Sun Valley Tour de Force, which attracts car enthusiasts, sponsors, and guests from all over the country. The event features high-speed runs, a car show, hosted sponsor events, and a fundraising gala called Cars & Comedy. The funds raised during this event support programming at the Hunger Coalition, a local organization addressing food insecurity.

Through their events, Intrepid Events Inc not only provides exciting experiences for attendees but also contributes significantly to important causes in the community, making a positive impact on both the attendees and the beneficiaries of their fundraising efforts.




This information is meant to be a general summary of Intrepid Events Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$672,569 (2023)
Expenses
$641,593 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $12
  • Gross Receipts: $824,514

Assets and Liabilities:

  • Total Assets: $220,452
  • Total Liabilities: $2,260
  • Net Assets: $218,192

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Organization Details

Founding Year

2018

Principal Officer

Kevin Lachapelle

Main Address

PO BOX 3658, KETCHUM, ID, 83340

NTEE Category

Code: P20 - Human services

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