Newark Sport And Event Commission
Newark Sport And Event Commission shows strong financial growth and zero reported officer compensation.
EIN: 203793039 · Newark, OH · NTEE: A90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $845K |
| Total Expenses | $844K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.3 |
| Net Assets | $1.6M |
| Transparency Score | 92/100 |
Is Newark Sport And Event Commission Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Newark Sport And Event Commission directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Newark Sport And Event Commission
Newark Sport And Event Commission (EIN: 203793039) is a nonprofit organization based in Newark, OH, classified under NTEE code A90. The organization reported total revenue of $845K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newark Sport And Event Commission's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newark Sport And Event Commission is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $844K |
| Surplus / Deficit | +$524K |
| Total Assets | $1.7M |
| Total Liabilities | $89K |
| Net Assets | $1.6M |
| Operating Margin | 38.3% |
| Debt-to-Asset Ratio | 5.4% |
| Months of Reserves | 23.6 months |
Financial Health Grade: A
In 2023, Newark Sport And Event Commission reported a surplus of $524K with revenue exceeding expenses, holds 23.6 months of operating reserves (strong position), has a debt-to-asset ratio of 5.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Newark Sport And Event Commission's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +74.7% | +32.3% | +39.8% |
| 2022 | +37.7% | +18.8% | +2.4% |
| 2021 | +10.3% | -7.2% | +12.1% |
| 2020 | -23.9% | -13.0% | -6.3% |
| 2019 | +3.5% | +3.0% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Newark Sport And Event Commission with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Newark Sport And Event Commission allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $524K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with over $1.3 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Newark Sport And Event Commission:
- Consistent revenue growth, reaching $1,368,124 in 2023.
- Strong asset base ($1,660,506 in 2023) significantly exceeding liabilities ($89,220).
- Zero reported officer compensation across all filings, indicating high transparency and potentially volunteer leadership.
- Consistent surplus generation in recent years, allowing for asset accumulation.
- Long history of IRS 990 filings (13 filings), demonstrating commitment to public accountability.
Frequently Asked Questions about Newark Sport And Event Commission
Is Newark Sport And Event Commission a legitimate charity?
Based on AI analysis of IRS 990 filings, Newark Sport And Event Commission (EIN: 203793039) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Newark Sport And Event Commission spend its money?
Newark Sport And Event Commission directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Newark Sport And Event Commission tax-deductible?
Newark Sport And Event Commission is registered as a tax-exempt nonprofit (EIN: 203793039). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Newark Sport And Event Commission CEO make?
Newark Sport And Event Commission's highest-compensated officer earns $1.3 annually. The organization reported $845K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Newark Sport And Event Commission's spending goes to programs?
Newark Sport And Event Commission directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Newark Sport And Event Commission compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Newark Sport And Event Commission is above average for NTEE category A90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Newark Sport And Event Commission located?
Newark Sport And Event Commission is headquartered in Newark, Ohio and files with the IRS under EIN 203793039. It is classified under NTEE code A90.
How many years of IRS 990 filings does Newark Sport And Event Commission have?
Newark Sport And Event Commission has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $845K in total revenue.
Is Newark Sport And Event Commission a good charity?
Based on the available financial data, Newark Sport And Event Commission appears to be a good charity. They demonstrate strong financial health, consistent revenue growth, a healthy asset-to-liability ratio, and a notable commitment to transparency with 0% reported officer compensation.
How has the organization's revenue trended over time?
The organization's revenue has shown significant growth, particularly in recent years. It increased from $515,666 in 2020 to $1,368,124 in 2023, indicating a strong upward trend and increasing capacity.
What is the organization's financial stability?
The organization exhibits strong financial stability. In 2023, assets were $1,660,506 against liabilities of $89,220, resulting in a very healthy net asset position and a low debt burden.
Does the organization spend efficiently?
Yes, the organization appears to spend efficiently. In 2023, expenses were $844,417 against revenues of $1,368,124, indicating that a significant portion of revenue is retained or invested, rather than consumed by expenses.
Filing History
IRS 990 filing history for Newark Sport And Event Commission showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Newark Sport And Event Commission's revenue has grown by 158.5%, moving from $529K to $1.4M. Total assets increased by 115.1% over the same period, from $772K to $1.7M. Total functional expenses rose by 76.2%, from $479K to $844K. In its most recent filing year (2023), Newark Sport And Event Commission reported a surplus of $524K, with revenue exceeding expenses. The organization holds $89K in liabilities against $1.7M in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $844K | $1.7M | $89K | — | — |
| 2022 | $783K | $638K | $1.2M | $141K | — | View 990 |
| 2021 | $569K | $538K | $1.2M | $257K | — | — |
| 2020 | $516K | $579K | $1.0M | $164K | — | View 990 |
| 2019 | $678K | $666K | $1.1M | $170K | — | View 990 |
| 2018 | $655K | $647K | $1.1M | $222K | — | View 990 |
| 2017 | $1.1M | $658K | $1.3M | $388K | — | View 990 |
| 2016 | $667K | $705K | $595K | $161K | — | View 990 |
| 2015 | $621K | $671K | $676K | $204K | — | View 990 |
| 2014 | $622K | $674K | $776K | $255K | — | View 990 |
| 2013 | $543K | $580K | $823K | $250K | — | View 990 |
| 2012 | $641K | $553K | $740K | $131K | — | View 990 |
| 2011 | $529K | $479K | $772K | $251K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $844K, and assets of $1.7M (revenue +74.7% year-over-year).
- 2022: Revenue of $783K, expenses of $638K, and assets of $1.2M (revenue +37.7% year-over-year).
- 2021: Revenue of $569K, expenses of $538K, and assets of $1.2M (revenue +10.3% year-over-year).
- 2020: Revenue of $516K, expenses of $579K, and assets of $1.0M (revenue -23.9% year-over-year).
- 2019: Revenue of $678K, expenses of $666K, and assets of $1.1M (revenue +3.5% year-over-year).
- 2018: Revenue of $655K, expenses of $647K, and assets of $1.1M (revenue -42.6% year-over-year).
- 2017: Revenue of $1.1M, expenses of $658K, and assets of $1.3M (revenue +71.1% year-over-year).
- 2016: Revenue of $667K, expenses of $705K, and assets of $595K (revenue +7.3% year-over-year).
- 2015: Revenue of $621K, expenses of $671K, and assets of $676K (revenue -0.2% year-over-year).
- 2014: Revenue of $622K, expenses of $674K, and assets of $776K (revenue +14.6% year-over-year).
- 2013: Revenue of $543K, expenses of $580K, and assets of $823K (revenue -15.2% year-over-year).
- 2012: Revenue of $641K, expenses of $553K, and assets of $740K (revenue +21.1% year-over-year).
- 2011: Revenue of $529K, expenses of $479K, and assets of $772K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newark Sport And Event Commission:
Data Sources and Methodology
This transparency report for Newark Sport And Event Commission is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.