Vermilion Country School

EIN: 271276860 501(c)(3) Education

Tower, MN

Total Revenue
$860,403
Total Expenses
$777,643
Total Assets
$239,095
Net Assets
$91,002
🔒

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
2009
Legal Domicile
MN
Principal Officer
Jodi R Summit
Phone
2187531246
Tax Period
2022-07-01 to 2023-06-30

Vermilion Country School, founded in 2009, is a small nonprofit in the Education sector that reported $860K in total revenue in fiscal year 2022. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $778K left a modest 10% surplus.

Mission

Developing successful adults with skills to enrich their communities and the environment.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $852,902
Program Service Revenue $7,395
Investment Income $106
Other Revenue $0
TOTAL REVENUE $860,403

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $633,519
Other Expenses $777,643
TOTAL EXPENSES $777,643

Year-over-Year Comparison

2022 2021 Change
Revenue $860,403 $760,708 +0.1%
Expenses $777,643 $745,595 +0.0%
Net Income $82,760 $15,113 +4.5%
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
8
Independent Members
6
Employees
N/A
Volunteers
N/A

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
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jodi Summit Board Chair 4.00
Officer Director
$0 $0 $0
Karin Schmidt Vice Chair/Teacher 40.00
Officer Director
$0 $0 $0
Marit Kringstad Secretary 1.00
Officer Director
$0 $0 $0
Sue Beaton Treasurer 1.00
Officer Director
$0 $0 $0
Ashley Miller Member/Teacher 40.00
Director
$0 $0 $0
Michelle Lubinski Member/Parent 1.00
Director
$0 $0 $0
Miranda Kainz Member/Parent 1.00
Director
$0 $0 $0
Sarah Wahler-Ramponi Member/Parent 1.00
Director
$0 $0 $0
Sam O'Brien School Director 40.00
Officer
$0 $0 $0
Pam Zahn Business Manager 40.00
Officer
$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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $860,403 $777,643 $239,095 $82,760
2022 $760,708 $745,595 $268,797 $15,113
2021 $618,099 $750,568 $196,398 $-132,469
2020 $693,283 $779,320 $230,001 $-86,037
2019 $689,390 $757,312 $253,854 $-67,922
2018 $717,089 $700,324 $323,462 $16,765
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Vermilion Country School with other nonprofits in Minnesota and across the country.