Vermillion-on-the-lake Historic Community Center Charitable Tr is a 501(c)(3) organization based in Vermilion, Ohio, registered in 2008, with $129,642 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$130K
▼ 46.5% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$86K
Net assets
$623K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Vermillion-on-the-lake Historic Community Center Charitable Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Vermillion-on-the-lake Historic Community Center Charitable Tr: 87 mo reserves · +34% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Vermillion-on-the-lake Historic Community Center Charitable Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Vermillion-on-the-lake Historic Community Center Charitable Tr: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $39K (FY2010) to $130K (FY2024) across 15 reported years.
Financial snapshot
Operating margin
34.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$648K
Total liabilities
$25K
Net assets
$623K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $129,642▼46.5% | $85,621▼26.0% | $623,144▲7.6% | $647,791▲8.1% | 990 |
| 2023 | $242,332▲38.0% | $115,745▲3.8% | $579,123▲6.9% | $599,151▲10.6% | 990 |
| 2022 | $175,586▲11.7% | $111,557▼4.3% | $541,522▲19.6% | $541,522▲10.1% | 990 |
| 2021 | $157,256▲65.8% | $116,578▲27.5% | $452,775▲9.9% | $491,730▲7.6% | 990EZ |
| 2020 | $94,830▼31.4% | $91,422▲56.5% | $412,097▲0.8% | $457,036▼0.2% | 990EZ |
| 2019 | $138,186▲26.8% | $58,430▼55.1% | $408,716▲24.1% | $457,756▲18.3% | 990EZ |
| 2018 | $109,006▲4.2% | $130,196▲47.5% | $329,461▼6.0% | $386,805▼9.9% | 990EZ |
| 2017 | $104,604▼2.4% | $88,283▼15.9% | $350,651▲4.8% | $429,163▲10.5% | 990EZ |
| 2016 | $107,142▲5.2% | $105,026▲24.9% | $334,443▲0.6% | $388,487▲2.8% | 990EZ |
| 2015 | $101,885▲17.0% | $84,067▼11.7% | $332,406▲5.7% | $377,907▲8.4% | 990EZ |
| 2014 | $87,082▲26.6% | $95,201▲95.0% | $314,588▼2.5% | $348,569▼5.4% | 990EZ |
| 2013 | $68,778▲6.9% | $48,829▼23.8% | $322,707▲7.0% | $368,427▲4.4% | 990EZ |
| 2012 | $64,349▲23.0% | $64,046▲88.6% | $301,658▲0.1% | $352,862▲10.1% | 990EZ |
| 2011 | $52,315▲34.8% | $33,951▼20.5% | $301,355▲6.5% | $320,355▲10.6% | 990EZ |
| 2010 | $38,818 | $42,719 | $282,992 | $289,592 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Vermillion-on-the-lake Historic Community Center Charitable Tr (EIN 20-7073988) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.