LAKE CHAMPLAIN COMMUNITY SAILING CENTER INC

EIN: 030342594 501(c)(3) Education

BURLINGTON, VT

Total Revenue
$2,478,270
Total Expenses
$1,706,108
Total Assets
$8,286,556
Net Assets
$7,647,568
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
VT
Principal Officer
OWEN MILNE
Phone
8028642499
Tax Period
2024-01-01 to 2024-12-31

LAKE CHAMPLAIN COMMUNITY SAILING CENTER INC, founded in 1994, is a community nonprofit in the Education sector that reported $2.5M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $772K, a strong 31% operating margin.

Mission

LAKE CHAMPLAIN COMMUNITY SAILING CENTER ENCOURAGES AND CELEBRATES RESPONSIBLE USE AND LONG-TERM STEWARDSHIP OF LAKE CHAMPLAIN BY FOSTERING EDUCATIONAL AND RECREATIONAL OPPORTUNITIES FOR ALL COMMUNITY MEMBERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,789,954
Program Service Revenue $715,496
Investment Income $-34,027
Other Revenue $6,847
TOTAL REVENUE $2,478,270

Expense Breakdown

Grants Paid $163,228
Salaries & Benefits $818,357
Fundraising Expenses $269,948
Program Expenses $1,221,343
Other Expenses $724,523
TOTAL EXPENSES $1,706,108

Year-over-Year Comparison

2024 2023 Change
Revenue $2,478,270 $2,713,230 -0.1%
Expenses $1,706,108 $1,536,380 +0.1%
Net Income $772,162 $1,176,850 -0.3%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
61
Volunteers
70

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$109,057
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OWEN MILNE EXECUTIVE DI 40.00
Officer
$101,857 $7,200 $109,057
ANASTASIA SURMAVA PRESIDENT 2.00
Officer Director
$0 $0 $0
GREG MORSE VICE PRESIDE 2.00
Officer Director
$0 $0 $0
ROXANNE TENA-NELSON PAST PRESIDE 2.00
Officer Director
$0 $0 $0
DONNA LONDON TREASURER 2.00
Officer Director
$0 $0 $0
GILLIAN NANTON SECRETARY 2.00
Officer Director
$0 $0 $0
DOUG MERRILL DIRECTOR 2.00
Director
$0 $0 $0
LOU SLANINA DIRECTOR 2.00
Director
$0 $0 $0
KATIE WIGHT DIRECTOR 2.00
Director
$0 $0 $0
GARY RUSSELL DIRECTOR 2.00
Director
$0 $0 $0
SIGNE DALY DIRECTOR 2.00
Director
$0 $0 $0
MEGAN SULLIVAN DIRECTOR 2.00
Director
$0 $0 $0
CHRISTINA LORD DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,478,270 $1,706,108 $8,286,556 $772,162
2023 $2,713,230 $1,536,380 $7,671,942 $1,176,850
2022 $2,441,435 $1,338,148 $6,111,979 $1,103,287
2021 $1,872,181 $1,208,479 $5,759,898 $663,702
2020 $1,226,204 $1,060,304 $5,467,368 $165,900
2019 $1,272,488 $1,274,862 $5,335,559 $-2,374
2018 $780,498 $1,202,484 $5,341,199 $-421,986
Explore More Nonprofits
→Top 100 Nonprofits in Vermont →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LAKE CHAMPLAIN COMMUNITY SAILING CENTER INC with other nonprofits in Vermont and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.