What percentage of the Summit proceeds are going to keep our trails open...? - Page 2 - Toyota FJ Cruiser Forum
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post #11 of 25 (permalink) Old 06-11-2008, 01:30 PM
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Re: What percentage of the Summit proceeds are going to keep our trails open...?

What proceeds?

It's pretty much a break even situation!



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post #12 of 25 (permalink) Old 06-11-2008, 02:00 PM
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Re: What percentage of the Summit proceeds are going to keep our trails open...?

FJSummit.org,Inc. is a not-for-profit corporation registered in Texas.
Co-Directors are Bostonian1976, theNookie, and myself.

Last year the corporation made donations to:

Tread Lightly-Silver Sponsor
Ouray Police Fund
Ouray Mountain Rescue
Our contribution to the Ouray Chamber of Commerce was all the good business we brought chamber members.

We retained a small amount of money (less than 5K) from 2007FJSummit for tax prep, accounting expenses, misc expenses ( paypal, website, etc) and planning expenses for 2008FJSummit.

To date nobody has been paid for the hundreds of hours put into this. We, however were reimbursed travel expenses last year.

To date the budget for 2008 is as tight as 2007. All costs have increased more than proportionately to the increased registration. Since most Sponsor involvement is donations for the raffle, we are hoping for decent revenues from raffle and t-shirt sales to keep it in the black.

Hope this helps. And thanks to all for your good wishes!

FJSummit.org
Stealth Maestro T2 Shmoove 2010 2010 TLCA member 17227

"FJSummit is a gathering of family and friends who, incidentally, drive bad-ass Toyotas "
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post #13 of 25 (permalink) Old 06-11-2008, 02:54 PM
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Re: What percentage of the Summit proceeds are going to keep our trails open...?

excellent. Thanks T2 :c lap:

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post #14 of 25 (permalink) Old 06-11-2008, 03:00 PM
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Re: What percentage of the Summit proceeds are going to keep our trails open...?

Quote:
t2cruiser previously said: View Post
FJSummit.org,Inc. is a not-for-profit corporation registered in Texas.
Co-Directors are Bostonian1976, theNookie, and myself.

Last year the corporation made donations to:

Tread Lightly-Silver Sponsor
Ouray Police Fund
Ouray Mountain Rescue
Our contribution to the Ouray Chamber of Commerce was all the good business we brought chamber members.

We retained a small amount of money (less than 5K) from 2007FJSummit for tax prep, accounting expenses, misc expenses ( paypal, website, etc) and planning expenses for 2008FJSummit.

To date nobody has been paid for the hundreds of hours put into this. We, however were reimbursed travel expenses last year.

To date the budget for 2008 is as tight as 2007. All costs have increased more than proportionately to the increased registration. Since most Sponsor involvement is donations for the raffle, we are hoping for decent revenues from raffle and t-shirt sales to keep it in the black.

Hope this helps. And thanks to all for your good wishes!
I think you guys all do an awesome job for the rest of us! I have no qualms about where or how my registration expenses are used. If there were a spot at the summit for the original poster's fund, I would gladly donate to that as well! Thanks for all of the untold hours you guys put in to make this event such a success! Last year was great and I am looking forward to this year being even better.

Last edited by tchdwn49rs; 06-11-2008 at 03:03 PM.
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post #15 of 25 (permalink) Old 06-11-2008, 03:05 PM Thread Starter
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Re: What percentage of the Summit proceeds are going to keep our trails open...?

I applaud the Summit team for the time they put into this event so that everyone might enjoy themselves. My original question has nothing to do with the character of the Summit.org, Inc or the individuals that run said organization. My question is all about giving back (which you are already doing) to organizations that will help keep our trails open so that future generation have access to our trails. In my opinion, the list of organization should be expanded to include organizations that work to keep public lands public.

I called the Blue Ribbon Coalition today and talked with them about representation from BRC at the Summit. They simply need a formal invite in the form of a phone call or an email. They can send representation in the form of people, magazines, info packets and other items that explain their mission and why they are important to all of us. I'm sure other organizations would attend if asked.

BlueRibbon Coalition
4555 Burley Drive, Suite A
Pocatello, ID 83202-1921

Phone: (208) 237-1008
Fax: (208) 237-9424
[email protected]
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post #16 of 25 (permalink) Old 06-11-2008, 03:08 PM
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Re: What percentage of the Summit proceeds are going to keep our trails open...?

Your right, we got a bit off track...

We have invited Tread Lightly and Ouray MTN Rescue. I will invite BRC as well!

Thanks!
T2

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Last edited by t2cruiser; 06-11-2008 at 03:12 PM. Reason: I type too fast
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post #17 of 25 (permalink) Old 06-11-2008, 03:15 PM
 
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Re: What percentage of the Summit proceeds are going to keep our trails open...?

The issue is that ALL of us need to get INVOLVED in organizations like Blue Ribbon Coalition ( BlueRibbon Coalition: Preserving your recreational access to public lands. ) and CORVA ( http://www.corva.org/ ). We need to make our voice heard through every public venue and medium possible, including bumper stickers! We need to be louder and more pervasive that the Sierra Club, etc., but also more professional and convincing. Complaining about it on forums like this spreads the word for the NEED for help, but helping means getting on the forums of our opponents and the fence-sitter and helping them understand our views. We need more representation and lobbying in local, state, and national government, particularly with the Forest Service and comparable state agencies. We need to get organized, get focused, and get on it. If not, we will have our asses waxed.
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post #18 of 25 (permalink) Old 06-11-2008, 03:19 PM Thread Starter
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Re: What percentage of the Summit proceeds are going to keep our trails open...?

Quote:
t2cruiser previously said: View Post
Your right, we got a bit off track...

We have invited Tread Lightly and Ouray MTN Rescue. I will invite BRC as well!

Thanks!
T2
Thank you! I love the idea of a donation cans passed around throughout the event and the proceeds going to BRC, Tread Lightly and Ouray MTN Rescue. I would love to see a separate donation from the Summit Organization if possible.
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post #19 of 25 (permalink) Old 08-31-2009, 12:29 AM
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Re: What percentage of the Summit proceeds are going to keep our trails open...?

Quote:
t2cruiser previously said: View Post
FJSummit.org,Inc. is a not-for-profit corporation registered in Texas.
Co-Directors are Bostonian1976, theNookie, and myself.

Last year the corporation made donations to:

Tread Lightly-Silver Sponsor
Ouray Police Fund
Ouray Mountain Rescue
Our contribution to the Ouray Chamber of Commerce was all the good business we brought chamber members.

We retained a small amount of money (less than 5K) from 2007FJSummit for tax prep, accounting expenses, misc expenses ( paypal, website, etc) and planning expenses for 2008FJSummit.

To date nobody has been paid for the hundreds of hours put into this. We, however were reimbursed travel expenses last year.

To date the budget for 2008 is as tight as 2007. All costs have increased more than proportionately to the increased registration. Since most Sponsor involvement is donations for the raffle, we are hoping for decent revenues from raffle and t-shirt sales to keep it in the black.

Hope this helps. And thanks to all for your good wishes!
(From the 2007 event) 990-EZ filed 7/14/2008 with the IRS for FJSUMMIT.ORG INC

Revenues: $31,358
Expenses:
Travel: $3775
Insurance: $2477
Other Event Expense: $8373
Office: $499

Printing, Pubs, Postage $1939

Co-Directors expense accounts:
$1200
$1200
$1375

Charitable Contributions:

Ouray Police Fund: $1000
Ouray Mountain Rescue: $1000
Total to charity $2000


Net assets or fund balance: $6703
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post #20 of 25 (permalink) Old 08-31-2009, 12:31 AM
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Re: What percentage of the Summit proceeds are going to keep our trails open...?

Quote:
FJ_Marine previously said: View Post
It is my understanding that they dont make a penny off organizing the summit.
Not quite. At least according to the tax records:

For the 2008 Event (from the 990-EZ filed with the IRS):
Revenues: $74,762

Expenses:
Travel: $7073
Insurance: $2186
Event Entertainment: $1775
Office Supplies: $501
Food and Beverage $23636
Signage $540
Trail Guides $2402
Misc. $500

Co-Directors Salaries:
$6000
$6000
$6000


Charitable Contributions:
Ouray Police Fund $1000
Tread Lightly $750
Ouray Mountian Rescue $1000
Ouray Fire Department $500

Total to charity: $3250
Net Assets or fund balance: $16,038
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