NEWMARKET PROJECT INC

EIN: 341282839

CANTON, OH

Total Revenue
$420,446
Total Expenses
$422,476
Total Assets
$7,014,134
Net Assets
$306,978
🔒

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
1979
Legal Domicile
OH
Principal Officer
NANCY VARIAN
Phone
3304543426
Tax Period
2023-01-01 to 2023-12-31

NEWMARKET PROJECT INC, founded in 1979, is a small nonprofit that reported $420K in total revenue in fiscal year 2023.

Mission

TO ENGAGE IN THE PURCHASE, RENTAL, AND SALE OF REAL PROPERTY TO ENHANCE THE REHABILITATION OF DOWNTOWN CANTON, OHIO.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $420,396
Other Revenue $50
TOTAL REVENUE $420,446

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $422,476
TOTAL EXPENSES $422,476

Year-over-Year Comparison

2023 2022 Change
Revenue $420,446 $395,466 +0.1%
Expenses $422,476 $396,258 +0.1%
Net Income $-2,030 $-792 +1.6%
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
3
Independent Members
3
Employees
N/A
Volunteers
4

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
3
$184,292
Total Directors
3
$184,292
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY VARIAN PRESIDENT 1.00
Officer Director
$0 $0 $0
CARRIE L BAST SECRETARY/TREASURER 1.00
Officer Director
$0 $8,571 $184,292
WILLIAM R COOK VICE PRESIDENT 1.00
Officer Director
$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
2024 No data No data No data No data
2023 $420,446 $422,476 $7,014,134 $-2,030
2022 $395,466 $396,258 $6,593,738 $-792
2021 $345,466 $347,216 $6,625,404 $-1,750
2020 $203,793 $205,493 $6,442,103 $-1,700
2019 $121,717 $123,392 $3,441,732 $-1,675
2018 $121,051 $123,935 $3,441,051 $-2,884
Explore More Nonprofits
→Top 100 Nonprofits in Ohio →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NEWMARKET PROJECT INC with other nonprofits in Ohio and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.