NEWARK, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEWARK SPORT & EVENT COMMISSION, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $846K in total revenue in fiscal year 2024. Expenses of $932K exceeded revenue, resulting in a 10% operating deficit.
DEVELOP AND ENCOURAGE INTEREST IN SKATING & OTHER SPORTS AS INEXPENSIVE FAMILY RECREATION; MAINTAIN AND INCREASE ALL LEVELS OF PARTICIPATION IN THE THREE ICE SPORTS OF HOCKEY, FIGURE SKATING & SPEED SKATING AND PICKLEBALL IN LICKING COUNTY; CREATE OPPORTUNITIES FOR THOSE WISHING TO LEARN THESE SPORTS AS WELL AS THOSE WISHING TO PURSUE SKATING BEYOND AN INTRODUCTORY LEVEL; PROVIDE A SUITABLE ENVIRONMENT FOR THE TRAINING & COMPETITION OF TALENT SKATERS AND HOCKEY PLAYERS; HOST COMMUNITY EVENTS & ACTIVITIES REQUIRING CLEAR SPAN SPACE TO ACHIEVE THEIR ORGANIZATIONAL OBJECTIVES; ENHANCE ECONOMIC DEVELOPMENT IN THE CITY AND SURROUNDING MARKETPLACE THROUGH JOBS, HOSTING OF SKATING COMPETITIONS, HOCKEY AND PICKLEBALL TOURNAMENTS; PROMOTING SHOWS & EVENTS TO ENHANCE GENERAL TOURISM; HAVE THE ARENA BECOME ECONOMICALLY VIABLE THROUGH THE SALE OF ICE TIME, GOODS, PRODUCTS & SERVICES; ESCROW FUNDS FOR CAPITAL IMPROVEMENT AND EQUIPMENT REPLACEMENT TO ASSURE THE FUTURE OPERATION OF THE FACILITY.
OPERATION OF ICE ARENA TO PROVIDE LOCAL YOUTH AND CITIZENS OPPORTUNITIES TO PARTICIPATE IN ICE ACTIVITIES AND OTHER COMMUNITY PURPOSES.
OPERATION OF 8 PICKLEBALL COURTS WHICH PROVIDE YOUTH, LOCAL CITIZENS, AND COMMUNITY ORGANIZATIONS OPPORTUNITIES FOR OPEN PLAY, LEAGUE PLAY, AND INSTRUCTIONAL USE.
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 | $846,317 | $796,002 | +0.1% |
| Expenses | $932,112 | $907,036 | +0.0% |
| Net Income | $-85,795 | $-111,034 | -0.2% |
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 |
|---|---|---|---|---|---|---|
| ALAN HOFFMANN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DEAN LOCHER | CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ED BOHREN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM PATIN | BOARD MEMBER | 1.00 |
Director
|
$9,000 | $0 | $9,000 |
| JODIE WHEELER | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN ROUSH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN WALLACE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LYNSEY WHISNER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE MCALEAR | VICE-CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT O'NEILL | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SETH PATTON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRANDON YONKER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KRISTAN HAUSMAN | GENERAL MANAGER | 40.00 |
Officer
|
$77,809 | $0 | $77,809 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $846,317 | $932,112 | $1,443,404 | $-85,795 |
| 2024 | No data | No data | No data | No data |
| 2023 | $1,368,124 | $844,417 | $1,660,506 | $523,707 |
| 2022 | $783,333 | $638,451 | $1,188,194 | $144,882 |
| 2021 | $569,037 | $537,575 | $1,160,361 | $31,462 |
| 2020 | $515,666 | $579,431 | $1,035,563 | $-63,765 |
| 2019 | $677,933 | $666,367 | $1,105,578 | $11,566 |
| 2018 | $655,198 | $646,752 | $1,145,798 | $8,446 |
Compare NEWARK SPORT & EVENT COMMISSION with other nonprofits in Ohio and across the country.