Skip to content
Nonprofiteer
← INTREPID EVENTS INC

Form 990 for tax year 2023

Filed by INTREPID EVENTS INC.

Totals

Total revenue
$1,302,954
Total expenses
$1,227,293
Contributions and grants received
$1,229,881
Grants paid
$1,002,000
Program service revenue
$0
Investment income
$29
Other revenue
$73,044
Total assets, end of year
$293,853
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$293,853
Program services expenses (Part IX)
$1,003,317
Management and general expenses
$5,250
Fundraising expenses
$218,726
Program service expenses (Part III)
$1,003,317

Program services were 81.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $526,003

  • 1f · All other contributions, gifts and grants

    $703,878

  • 1g · Noncash contributions included above

    $3,638

  • 3 · Investment income

    total $29 · excluded $29

  • 8a · Fundraising events: gross income

    $269,706

  • 8a · Fundraising events: contributions included on line 1c

    $526,003

  • 8b · Fundraising events: direct expenses

    $196,662

  • 8c · Net income from fundraising events

    total $73,044

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,002,000 · program services $1,002,000

  • 7 · Other salaries and wages

    total $212,331 · fundraising $212,331

  • 11b · Fees: legal

    total $250 · management and general $250

  • 11c · Fees: accounting

    total $3,711 · management and general $3,711

  • 13 · Office expenses

    total $1,973 · program services $237 · management and general $946 · fundraising $790

  • 14 · Information technology

    total $4,243 · program services $406 · management and general $174 · fundraising $3,663

  • 17 · Travel

    total $157 · fundraising $157

  • 23 · Insurance

    total $2,628 · program services $674 · management and general $169 · fundraising $1,785

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $220,452 · end of year $293,853

  • 25 · Other liabilities

    beginning of year $2,260

  • 27 · Net assets without donor restrictions

    beginning of year $218,192 · end of year $293,853

Mission and programs · 2023

Mission

INTREPID EVENTS INC. AIMS TO CREATE UNIQUE EVENTS THAT ENGAGE VISITORS AND LOCALS AND RAISE FUNDS TO SUPPORT LOCAL CHARITIES MAKING A DIFFERENCE IN THE COMMUNITY.

  • 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.

    Expenses $1,003,317 · Grants $1,002,000

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • John Frey

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Kevin Lachapelle

    CHAIRMAN/PRE

    Total calculated
    $0
    Hours/week
    3

  • David Stone

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
12 September 2024
IRS schema version
2023v5.0
Source object
202402609349301255

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.