Intrepid Events Inc

What it reported doing in 2024

Sun valley tour de force is three days of events for car enthusiasts, sponsors and guests. Highlights include runs with no-speed limit at phantom hill, the huckleberry drive from ketchum to smiley creek lodge, hosted sponsor events, a car show, and cars & comedy, the chief fundraising event of the weekend. The event includes entertainment, hosted bar, and a live auction which offers a chance to bid on unique car experiences, like a trip to the bmw driving school and a behind-the-scenes tour at the mclaren headquarters in the uk. Sun valley tour de force raises funds for programming at the hunger coalition, a local nonprofit 501(c)3 organization serving community members struggling with food insecurity. During the three-day weekend, sun valley and its neighboring town, ketchum, are at 100% capacity. The weekend attracts people from all over the country, with at least one thing in common; they love cars. Approximately 50 high-speed drivers pay 2950 per run to drive their car at top speed on a closed highway surrounded by the sawtooth mountains. They crave excitement, exclusivity, and a relaxing weekend in a quaint, world-class resort town. The huckleberry drive is open to 75 drivers and attended by the high-speed drivers, sponsors and visitors from boise, salt lake city and nearby regions. Hosted sponsor events and private ride & drives are generally limited to 15-30 pre-qualified guests. The car show has approximately 190 participant cars and the cars & comedy fundraiser, will host approximately 180 guests. Sun valley tour de force, produced by intrepid events, inc., a 501(c)3, aims to create events that offer unique experiences for locals and visitors and gives back to causes making a difference in the community. Sun valley tour de force is intrepid events signature event and is supported by the generosity of the following sponsors: mclaren, porsche cars north america, peterson bmw, sun valley auto club, singer vehicle design, barrett-jackson, robertson stephens, snake river classics, motion garage, simmons fine jewelry, hagerty, hub international, limelight hotel, alpine lodging, american harvest and stellar media.

Financial Efficiency

• Mission deployment rate: 53.1%; rating input score 53
• Program expense ratio: 65.7%; rating input score 66
• Fundraising efficiency: $3.82 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 98.9%; rating input score 99; 47th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 1 of 7 controls in place; rating input score 14
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 19.2%; rating input score 75; 75th percentile among comparable filings
• Total-asset coverage ratio: 0.63; rating input score 29; 29th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: 35.6% per year; rating input score 100; 92nd percentile among comparable filings
• Revenue growth: 33.3% per year; rating input score 100; 93rd percentile among comparable filings
• Asset growth: 38.4% per year; rating input score 100; 94th percentile among comparable filings