COOK, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SPORTSMENS CLUB OF LAKE VERMILION DBA VERMILION LAKE ASSOCIATION, founded in 1968, is a small nonprofit that reported $108K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $16K, a strong 15% operating margin.
TO PROMOTE AND ENHANCE THE OUTDOOR EXPERIENCE OF LAKE VERMILION FOR PRESENT AND FUTURE GENERATIONS, TO PROTECT AND IMPROVE THE WATER QUALITY OF LAKE VERMILION, AND TO EDUCATE THE CLUB MEMBERS AND THE PUBLIC REGARDING ISSUES, WHICH IMPACT LAKE VERMILION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $108,018 | $116,651 | -0.1% |
| Expenses | $91,677 | $110,552 | -0.2% |
| Net Income | $16,341 | $6,099 | +1.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| TERRY GROSSHAUSER | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| JERRY LEPPER | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| DWIGHT WARKENTIN | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| GARY HAUGEN | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| PAT MICHAELSON | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LORI PTAK | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CRAIG BEVEROTH | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC HANSON | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN YOCUM | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| NANCY WATKINS | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| KELLY LUDLOW | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATHLEEN MOCCIO | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK SCHMIDT | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LISA TAMTE | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| SARA BRIGHT | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDRINE LEMIEUX | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| JESSICA TEMPLETON | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $108,018 | $91,677 | $169,983 | $16,341 |
| 2024 | No data | No data | No data | No data |
| 2023 | $104,319 | $87,876 | $147,543 | $16,443 |
| 2022 | $83,575 | $62,137 | $131,100 | $21,438 |
| 2021 | $95,330 | $73,268 | $109,662 | $22,062 |
| 2020 | $144,006 | $123,294 | $87,600 | $20,712 |
| 2019 | $171,594 | $147,354 | $66,888 | $24,240 |
Compare SPORTSMENS CLUB OF LAKE VERMILION DBA VERMILION LAKE ASSOCIATION with other nonprofits in Minnesota and across the country.