Mentor Lagoons Yacht Club
Nonprofit profile at a glance
- EIN
- 341016369
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2022
- Location
- Mentor, OH, USA
- Phone
- 4408670037
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Recreational l Clubs
Reported finances
- Revenue
- $105,978
- Expenses
- $93,810
- Assets
- $72,639
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- DENNIS FUCHS (PRESIDENT)
- LAURA REDENSHEK (VICE PRESIDENT)
People named in this filing
- DENNIS FUCHS (PRESIDENT)
- LAURA REDENSHEK (VICE PRESIDENT)
- MICHAEL VEHOVEC (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote and encourage yachting and sport activities. To maintain a club for the social enjoyment of its members
What it reported doing in 2025
Commodores ball
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 32
- Transparency & Controls: 82
- Sustainability: 50
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 30.7%; rating input score 31
- Program expense ratio: 34.6%; rating input score 35
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 11.5%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 0.77; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 20.4% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 7.8% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 5.6% per year; rating input score 100; 45th percentile among comparable filings
Details
- Where the money goes: 30.7% of revenue deployed · 34.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $32K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 9 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 31/100.
- Moderate — Financial Efficiency: Program expense ratio scored 35/100.
- Review — Sustainability: Operating margin scored 58/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.