Sprongo News and Updates

THE SPRONGO APP — FOR YOU AND YOUR TEAMS

Sprongo is pleased to release its new app for iPhone. Download it now from the App Store and sign in with your account or set up a new account on the app. Then use it to upload, analyze and share your videos in real time. • Shoot and tag videos from within the Sprongo app with your iPhone and store them on the app and in the cloud. • Load existing videos from your iPhone to your Sprongo app. • Download or stream existing videos from the cloud. You can access your personal cloud videos and videos stored by your profile and teams. Download the app now and get another easy to use and effective video tool to improve your own and team performances. Sprongo is the leader in sports video analysis for snow sports and our focus is on ease of use for everyone – from professionals such as…

PREMIUM TEAMS, NON-PROFITS AND THE IRS

Many of you have asked about how the fees collected from the premium team subscriptions will affect your organizations non-profit status.  We have done some research and would like to share what we found out with you. Your nonprofit can make a profit. Whether or not a nonprofit’s income is taxable depends on whether the activities are related to the nonprofit’s purpose.  This may apply to fundraising activities such as athletic events, or solicitations for membership, or contributions when merchandise or benefits are given in return for payment of a specified minimum contribution. With that in mind, our research shows your team has two options: Classifying the fees you collect as related business activity. This is considered a general membership fee, which you don’t have to pay taxes on. Classifying them as unrelated business activity.  Due to the list of activities that are always tax free, you still don’t need to…

SPRONGO’S TEAM PRICING MODEL

We have been working on different ways to generate revenue for a while.  A few weeks ago we took a major step in that direction with the Premium Team Plan and now and in the next few days we will be introducing our paid team plans. The Premium Team Plan We wrote to all team admins a few weeks ago about the new Premium Team Plan and urged them to make use of it. The Premium Team Plan is a commission based plan that allows your team to institute a monthly subscription fee.  This fee can be as low as $5/month, but can also be higher if your team chooses to institute a higher fee. We collect the payments, take a commission and send the rest of the money (up to 75%) to your team. We believe this is a different and nicer way to do business.  If you see…

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