Stark Economic Development Board Inc
Only null% goes to programs Strong reserves Growing revenue
Stark Economic Development Board Inc is a 501(c)(3) organization based in Canton, Ohio, registered in 1985, with $1,728,680 in FY2024 revenue. CharityIndex grades it D.
400 3rd St Se Ste 310, Canton, OH, 44702 EIN 34-1476938 Since 1985
Revenue (FY2024)
$1.7M
▼ 48.4% vs prior year
Community median: $184K
Expenses (FY2024)
$2.2M
Net assets
$3.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Stark Economic Development Board Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating19 mo reserves · -28% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Stark Economic Development Board Inc: 19 mo reserves · -28% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Stark Economic Development Board Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Stark Economic Development Board Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 400 3rd St Se Ste 310, Canton, OH, 44702
- City
- Canton
- State
- Ohio
- Subcategory
- Economic Development
- Website
- …
Financial trends
Revenue grew from $411K (FY2013) to $1.7M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $677KNet assets $3.6M
Operating margin
-27.6%
Spent more than it raised in the latest fiscal year.
Total assets
$4.2M
Total liabilities
$677K
Net assets
$3.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,728,680▼48.4% | $2,205,236▼2.5% | $3,562,244▼11.8% | $4,239,277▼10.2% | 990 |
| 2023 | $3,350,050▲187% | $2,260,828▲29.0% | $4,038,800▲36.9% | $4,718,596▲28.1% | 990 |
| 2022 | $1,169,229▲34.0% | $1,752,044▲35.3% | $2,951,234▼16.5% | $3,682,250▲2.6% | 990 |
| 2021 | $872,768▼69.0% | $1,295,041▼1.8% | $3,536,239▼10.7% | $3,590,351▼10.6% | 990 |
| 2020 | $2,811,607▲64.3% | $1,318,996▼17.7% | $3,960,245▲60.5% | $4,016,090▲51.5% | 990 |
| 2019 | $1,710,822▲36.0% | $1,603,132▲63.9% | $2,467,634▲4.6% | $2,650,734▲4.5% | 990 |
| 2018 | $1,258,272▲254% | $978,347▲18.2% | $2,359,944▲90.3% | $2,535,944▲104% | 990 |
| 2016 | $355,822▼38.8% | $827,853▼19.7% | $1,240,177▼26.7% | $1,243,840▼27.9% | 990 |
| 2015 | $581,531▼69.1% | $1,030,542▼12.3% | $1,692,104▼21.0% | $1,724,244▼20.1% | 990 |
| 2014 | $1,883,752▲358% | $1,175,049▼8.8% | $2,141,115▲49.5% | $2,156,931▲48.8% | 990 |
| 2013 | $410,959 | $1,288,173▼0.4% | $1,432,412▼38.0% | $1,449,357▼37.0% | 990 |
| 2012 | — | $1,293,911▲12.0% | $2,309,626▲125% | $2,302,024▼14.4% | 990 |
| 2011 | — | $1,155,146▼2.6% | -$9,193,996▲3.9% | $2,689,559▲17.6% | 990 |
| 2010 | — | $1,186,240 | -$9,572,000 | $2,286,821 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $2.9M total
25 grants to Stark Economic Development Board Inc totaling $2.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Stark Community Foundation Inc | Public, societal benefit | 2024 | $342,000 |
| Aultman Health Foundation | 2024 pledge | 2024 | $100,000 |
| Cleveland Clinic Foundation | Community support | 2024 | $12,500 |
| American Online Giving Foundation Inc | General support | 2024 | $10,000 |
| Stark Community Foundation Inc | Public, societal benefit | 2023 | $352,500 |
| Aultman Health Foundation | 2023 pledge | 2023 | $100,000 |
| Stark Community Foundation Inc | Civic | 2022 | $412,500 |
| Aultman Health Foundation | 2021 - 2023 campaign pledge | 2022 | $100,000 |
| Aultman Health Foundation | 2018-2021 campaign pledge and 2021 - 2023 campaign | 2021 | $200,000 |
| Stark Community Foundation Inc | General support | 2021 | $170,000 |
| Cleveland Clinic Foundation | Community support | 2021 | $12,500 |
| Stark Community Foundation Inc | Program support | 2020 | $6,000 |
| Stark Community Foundation Inc | General support | 2019 | $202,200 |
| Aultman Health Foundation | 2021 campaign | 2019 | $100,000 |
| Cleveland Clinic Mercy Hospital | Corporate contribution-2nd payment on 3 year pledge | 2019 | $12,000 |
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Frequently asked questions
- Is Stark Economic Development Board Inc a legitimate nonprofit?
- Yes. Stark Economic Development Board Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-1476938, based in Canton, Ohio. Donations are tax-deductible.
- What is Stark Economic Development Board Inc's EIN?
- Stark Economic Development Board Inc's Employer Identification Number (EIN) is 34-1476938.
- How much revenue does Stark Economic Development Board Inc report?
- Stark Economic Development Board Inc reported $1,728,680 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Stark Economic Development Board Inc have?
- CharityIndex grades Stark Economic Development Board Inc D, based on financial health (reserves and operating margin).
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Data for Stark Economic Development Board Inc (EIN 34-1476938) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.