S โ€” Community Improvement & Capacity BuildingEIN: 223646316ยท Ruling Year: 2000

Newark Downtown District Management Corporation

Newark, New Jersey

BHealth Score
61B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

๐Ÿ’ฐ
$8.5M
Total Revenue
๐Ÿ“Š
$6.6M
Total Expenses
๐Ÿฆ
$2.0M
Net Assets
๐Ÿ“‹
$8.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+68.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+23.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.30
Net assets divided by total expenses
Liabilities-to-Assets
80.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$8,541,889โ†‘68%$6,551,017โ†‘28%$10,288,906โ†‘33%
2022$5,077,121โ†“2%$5,127,626โ†“2%$7,750,959โ†‘8%
2021$5,205,083โ†‘2%$5,213,278โ†‘10%$7,203,712โ†“10%
2020$5,094,718โ†“7%$4,744,255โ†“7%$7,986,101โ†‘5%
2019$5,507,369โ†‘8%$5,095,309โ†‘7%$7,639,805โ†‘5%
2018$5,121,367โ†‘20%$4,774,752โ†‘18%$7,301,099โ†‘5%
2017$4,269,829โ†‘2%$4,041,313โ†“12%$6,984,220โ†‘1%
2016$4,185,715โ†‘6%$4,616,876โ†‘2%$6,939,467โ†“13%
2015$3,940,218โ†‘10%$4,522,142โ†‘27%$7,939,412โ†“8%
2014$3,580,015โ†‘24%$3,556,118โ†‘10%$8,658,740โ†“1%
2013$2,882,567โ†‘31%$3,224,420โ†‘30%$8,762,741โ†“6%
2012$2,193,815โ†‘4%$2,481,283โ†“12%$9,316,677โ†“9%
2011$2,110,122$2,825,830$10,246,158

Frequently Asked Questions

What does Newark Downtown District Management Corporation do?โ–ผ

Newark Downtown District Management Corporation is a community improvement & capacity building nonprofit organization based in New Jersey. It is classified under NTEE code S31 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Newark Downtown District Management Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Newark Downtown District Management Corporation has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Newark Downtown District Management Corporation generate?โ–ผ

Newark Downtown District Management Corporation reports $8.5M in annual revenue and holds $11.2M in total assets, based on IRS filings.

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Newark Downtown District Management Corporation โ€” Newark, NJ | GiveScope