Nonprofit · EIN 34-1943688
VERMILION SAIL EDUCATION FOUNDATION INC
Tax-exempt · VERMILION, OH 44089
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $26,900 | $41,469 | -$14,569 | $61,538 | – | $61,538 |
| December 31, 2023 | 990-EZ | $20,913 | $30,467 | -$9,554 | $76,108 | – | $76,108 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $10,987
- Investment income
- $918
- Net gain from sales of assets
- $14,995
Expenses
- Grants and similar amounts paid
- $37,687
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $3,782
- Program services (functional)
- $37,687
Balance sheet and other
- Total assets, start of year
- $76,107
- Total assets, end of year
- $61,538
- Total liabilities, end of year
- –
- Net assets, end of year
- $61,538
- Cash, savings and investments
- $57,457
- Gross receipts
- $49,037
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HEIDI RIDDLE | TRUSTEE | 1 | $0 |
| DAVID BLACKMAN | TRUSTEE | 1 | $0 |
| PAM MOES GREGORY | TRUSTEE | 1 | $0 |
| ELIZABETH ELDEN | TRUSTEE | 1 | $0 |
| TIMOTHY TREECE | TREASURER | 1 | $0 |
| SHEA LOPER | TRUSTEE | 1 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HEIDI RIDDLE | TRUSTEE | 1 | $0 |
| DAVID BLACKMAN | TRUSTEE | 1 | $0 |
| PAM MOES GREGORY | TRUSTEE | 1 | $0 |
| ELIZABETH ELDEN | TRUSTEE | 1 | $0 |
| SHEA LOPER | TREASURER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 73, VERMILION, OH 44089-0073
- In care of
- % VERMILION INS AGCY-JONATHAN CLARK
- Signed the 990-EZ
- TIMOTHY TREECE, TREASURER
- Phone
- (440) 871-5720
- Website
- WWW.SAILFOUNDATION.COM
- Return prepared by
- PAYNE NICKLES & COMPANY
Mission
TO PROVIDE FINANCIAL SUPPORT FOR SAILING EDUCATION AND COMPETITIVE SAILING ON THE GREAT LAKES.
Program accomplishments
- VBC SAIL CAMP SUPPORT.Expenses $37,687 · grants $37,687
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 34-1943688
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Recreation and sports (N20)
- Assets (IRS master file)
- $61,538
- Income (IRS master file)
- $49,037
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $26,900 | $41,469 | $61,538 | XML |
| 990-EZ | December 2023 | $20,913 | $30,467 | $76,108 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 34-1943688).
Questions about VERMILION SAIL EDUCATION FOUNDATION INC
- What is the EIN of VERMILION SAIL EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of VERMILION SAIL EDUCATION FOUNDATION INC is 34-1943688.
- Is VERMILION SAIL EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to VERMILION SAIL EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VERMILION SAIL EDUCATION FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of VERMILION SAIL EDUCATION FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VERMILION SAIL EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of VERMILION SAIL EDUCATION FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does VERMILION SAIL EDUCATION FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $26,900, expenses of $41,469 and total assets of $61,538 at year end.
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