Civic Intelligence

Vermilion Sail Education Foundation

EIN 34-1943688 • 501(c)3 • Vermilion, OH

Profile

To provide financial support for sailing education and competitive sailing on the great lakes.

PO Box 73Vermilion, OH 44089

www.sailfoundation.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

14th percentile

-54%

Higher net margin than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

33rd percentile

-19%

Faster asset growth than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

77th percentile

29%

Faster revenue growth than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$61,538

Down $14,570 (-19%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$61,538

Down $14,570 (-19%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin14th percentile

Revenue

Up

$26,900

Up $5,987 (+29%) from 2023

Expenses

Up

$41,469

Up $11,002 (+36%) from 2023

Net Income

Down

-$14,569

Down $5,015 (-52%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth33rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2010: $39,457Net Assets 2010: $39,4572010Assets 2011: $41,739Net Assets 2011: $41,7392011Assets 2012: $47,768Net Assets 2012: $47,7682012Assets 2013: $49,528Net Assets 2013: $49,5282013Assets 2014: $74,859Net Assets 2014: $74,8592014Assets 2015: $69,741Net Assets 2015: $69,7412015Assets 2016: $80,969Net Assets 2016: $80,9692016Assets 2017: $80,217Net Assets 2017: $80,2172017Assets 2018: $69,994Net Assets 2018: $69,9942018Assets 2019: $74,862Net Assets 2019: $74,8622019Assets 2020: $76,956Net Assets 2020: $76,9562020Assets 2021: $75,496Net Assets 2021: $75,4962021Assets 2022: $85,661Net Assets 2022: $85,6612022Assets 2023: $76,108Net Assets 2023: $76,1082023Assets 2024: $61,538Net Assets 2024: $61,5382024

Highlighted filing

2024

Assets$61,538
Liabilities-
Net Assets$61,538
Open 2024 Filing

Operations Trend

Revenue Growth77th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KRevenue 2010: $9,682Expenses 2010: $3,371Net Income 2010: $6,3112010Revenue 2011: $10,932Expenses 2011: $8,650Net Income 2011: $2,2822011Revenue 2012: $44,899Expenses 2012: $46,311Net Income 2012: -$1,4122012Revenue 2013: $44,151Expenses 2013: $42,391Net Income 2013: $1,7602013Revenue 2014: $32,649Expenses 2014: $7,318Net Income 2014: $25,3312014Revenue 2015: $18,586Expenses 2015: $23,704Net Income 2015: -$5,1182015Revenue 2016: $42,232Expenses 2016: $31,005Net Income 2016: $11,2272016Revenue 2017: $36,233Expenses 2017: $36,985Net Income 2017: -$7522017Revenue 2018: $21,631Expenses 2018: $31,854Net Income 2018: -$10,2232018Revenue 2019: $17,955Expenses 2019: $13,087Net Income 2019: $4,8682019Revenue 2020: $2,797Expenses 2020: $703Net Income 2020: $2,0942020Revenue 2021: $8,161Expenses 2021: $9,624Net Income 2021: -$1,4632021Revenue 2022: $22,247Expenses 2022: $12,082Net Income 2022: $10,1652022Revenue 2023: $20,913Expenses 2023: $30,467Net Income 2023: -$9,5542023Revenue 2024: $26,900Expenses 2024: $41,469Net Income 2024: -$14,5692024

Highlighted filing

2024

Revenue$26,900
Expenses$41,469
Net Income-$14,569
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$61,538
Liabilities
-
Net assets
$61,538
Revenue
$26,900
Expenses
$41,469
Net income
-$14,569
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$61.5$61.5$26.9$41.5$14.6
2023Detailed filing. Detailed filing data is available for this year.$76.1$76.1$20.9$30.5$9.55
2022Detailed filing. Detailed filing data is available for this year.$85.7$85.7$22.2$12.1$10.2
2021Detailed filing. Detailed filing data is available for this year.$75.5$75.5$8.16$9.62$1.46
2020Detailed filing. Detailed filing data is available for this year.$77.0$77.0$2.80$0.70$2.09
2019Detailed filing. Detailed filing data is available for this year.$74.9$74.9$18.0$13.1$4.87
2018Detailed filing. Detailed filing data is available for this year.$70.0$70.0$21.6$31.9$10.2
2017Detailed filing. Detailed filing data is available for this year.$80.2$80.2$36.2$37.0$0.75
2016Detailed filing. Detailed filing data is available for this year.$81.0$81.0$42.2$31.0$11.2
2015Detailed filing. Detailed filing data is available for this year.$69.7$69.7$18.6$23.7$5.12
2014Detailed filing. Detailed filing data is available for this year.$74.9$74.9$32.6$7.32$25.3
2013Detailed filing. Detailed filing data is available for this year.$49.5$49.5$44.2$42.4$1.76
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.8$47.8$44.9$46.3$1.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.7$41.7$10.9$8.65$2.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.5$39.5$9.68$3.37$6.31
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 25, 2025
Return Version
2024v5.0
Gross Receipts
$49,037
Mission and Program Overview

Mission

To provide financial support for sailing education and competitive sailing on the great lakes.

Program Services

DescriptionGrantsExpenses
VBC SAIL CAMP SUPPORT.$37,687$37,687
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HEIDI RIDDLETrustee-$0--
DAVID BLACKMANTrustee-$0--
PAM MOES GREGORYTrustee-$0--
ELIZABETH ELDENTrustee-$0--
TIMOTHY TREECETreasurer-$0--
SHEA LOPERTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Vermilion Sail Education Foundation
EIN
34-1943688
Phone
4408715720
Address
PO BOX 73, VERMILION, OH 44089

Signing Officer

Name
Timothy Treece
Title
Treasurer
Phone
4408715720
Signed
2025-09-25
Discuss with paid preparer
Yes

Preparer

Firm
Payne Nickles & Company
Address
257 BENEDICT AVENUE BLDG D, NORWALK, OH 44857
Preparer
David W Brink CPA
Phone
4196682552
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Name: sail camp support address: 5416 liberty ave vermilion, oh 44089 cash contribution: 37,687”

Form 990-ez, Part I, Line 16

“Reverse raffle cost of goods sold 2,100 expenses state filing fee 50 non-investment depreciation 1,632 total 3,782”

Form 990-ez, Part II, Line 24

“Marksetbot remote controller 6,665 6,665 less accumulated depreciation 952 2,584 total 5,713 4,081”

Form 990-ez, Part III

“To provide financial support for sailing education and competitive sailing on the great lakes.”

Raw XML Appendix151 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0TIMOTHY TREECE
IRS990EZ/BooksInCareOfDetail/PhoneNum04407850016
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 455
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0PO BOX 455
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VERMILION
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd044089
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt070394
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt057457
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt010987
IRS990EZ/CostOrOtherBasisExpenseSaleAmt022137
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-14569
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt076107
IRS990EZ/Form990TotalAssetsGrp/EOYAmt061538
IRS990EZ/GainOrLossFromSaleOfAssetsAmt014995
IRS990EZ/GrantsAndSimilarAmountsPaidAmt037687
IRS990EZ/GrossReceiptsAmt049037
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0918
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt076107
IRS990EZ/NetAssetsOrFundBalancesEOYAmt061538
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt076107
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt061538
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HEIDI RIDDLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVID BLACKMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAM MOES GREGORY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ELIZABETH ELDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TIMOTHY TREECE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5SHEA LOPER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt05713
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04081
IRS990EZ/OtherExpensesTotalAmt03782
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE FINANCIAL SUPPORT FOR SAILING EDUCATION AND COMPETITIVE SAILING ON THE GREAT LAKES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0VBC SAIL CAMP SUPPORT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt037687
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt037687
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt037132
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OH
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt041469
IRS990EZ/TotalProgramServiceExpensesAmt037687
IRS990EZ/TotalRevenueAmt026900
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.SAILFOUNDATION.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt010987
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt024847
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt020145
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt098
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt082
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt056159
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0918
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01226
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02906
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02609
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01368
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09027
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt024479
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86150
IRS990ScheduleA/PublicSupportPY170Pct00.84800
IRS990ScheduleA/PublicSupportTotal170Amt056159
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt010987
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt024847
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt020145
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt098
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt082
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt056159
IRS990ScheduleA/TotalSupportAmt065186
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: SAIL CAMP SUPPORT ADDRESS: 5416 LIBERTY AVE VERMILION, OH 44089 CASH CONTRIBUTION: 37,687
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVERSE RAFFLE COST OF GOODS SOLD 2,100 EXPENSES STATE FILING FEE 50 NON-INVESTMENT DEPRECIATION 1,632 TOTAL 3,782
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MARKSETBOT REMOTE CONTROLLER 6,665 6,665 LESS ACCUMULATED DEPRECIATION 952 2,584 TOTAL 5,713 4,081
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE FINANCIAL SUPPORT FOR SAILING EDUCATION AND COMPETITIVE SAILING ON THE GREAT LAKES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TIMOTHY TREECE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04408715720
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VERMILION SAIL EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0VERM
ReturnHeader/Filer/EIN0341943688
ReturnHeader/Filer/PhoneNum04408715720
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 73
ReturnHeader/Filer/USAddress/CityNm0VERMILION
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044089
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341664586
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PAYNE NICKLES & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0257 BENEDICT AVENUE BLDG D
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORWALK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044857
ReturnHeader/PreparerPersonGrp/PhoneNum04196682552
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID W BRINK CPA
ReturnHeader/ReturnTs02025-09-29T08:13:38-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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