Stark County Manufacturing Workforce Development Partnership

EIN: 871583154 501(c)(3) Employment

North Canton, OH

Total Revenue
$708,753
Total Expenses
$558,615
Total Assets
$182,038
Net Assets
$181,988
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
OH
Principal Officer
Barbara H Bennett
Phone
3304582059
Tax Period
2024-01-01 to 2024-12-31

Stark County Manufacturing Workforce Development Partnership, founded in 2021, is a small nonprofit in the Employment sector that reported $709K in total revenue in fiscal year 2024. Revenue surged 146% from the prior year, signaling strong growth momentum. The organization ran a surplus of $150K, a strong 21% operating margin.

Mission

SCMWDP supports Stark County manufacturers' growth and expansion by offering seamless career pathways, delivering inclusive training and education, and sharing best practices within the manufacturing workforce development community: manufacturers, workforce development professionals, economic development organizations, educators, and community-based organizations.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $276,750
Program Service Revenue $427,309
Investment Income $4,559
Other Revenue $135
TOTAL REVENUE $708,753

Expense Breakdown

Grants Paid $53
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $453,948
Other Expenses $558,562
TOTAL EXPENSES $558,615

Year-over-Year Comparison

2024 2023 Change
Revenue $708,753 $288,619 +1.5%
Expenses $558,615 $292,660 +0.9%
Net Income $150,138 $-4,041 -38.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
30

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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Batchelder President 1.00
Officer Director
$0 $0 $0
Thomas Schmidt Vice President 1.00
Officer Director
$0 $0 $0
Allen Green Treasurer 1.00
Officer Director
$0 $0 $0
Kim Davenport Board Member 1.00
Director
$0 $0 $0
Tim Faciana Board Member 1.00
Director
$0 $0 $0
Andrew Fowler Board Member 1.00
Director
$0 $0 $0
Abby Keleman Board Member 1.00
Director
$0 $0 $0
Rod Maldonato Board Member 1.00
Director
$0 $0 $0
Shaun Eller Board Member 1.00
Director
$0 $0 $0
Lori Sproul Board Member 1.00
Director
$0 $0 $0
Mike Hoffman Secretary 1.00
Officer Director
$0 $0 $0
Mark Church Board Member 1.00
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 $708,753 $558,615 $182,038 $150,138
2023 $288,619 $292,660 $31,900 $-4,041
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