Is Great Neck Wrestling Association Legit?…

Quick charity verification for Great Neck Wrestling Association (EIN: 201358191)

Spending Breakdown

How Great Neck Wrestling Association allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Great Neck Wrestling Association

Is Great Neck Wrestling Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Great Neck Wrestling Association (EIN: 201358191) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Great Neck Wrestling Association a good charity to donate to?

Great Neck Wrestling Association has a Mission Score of 95/100. Revenue: $268K. Assets: $625K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Great Neck Wrestling Association?

The Employer Identification Number (EIN) for Great Neck Wrestling Association is 201358191. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Great Neck Wrestling Association spend its money?

Great Neck Wrestling Association allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Great Neck Wrestling Association's tax-exempt status?

You can verify Great Neck Wrestling Association's tax-exempt status using EIN 201358191 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Great Neck Wrestling Association demonstrates strong financial health and a clear commitment to its mission, as evidenced by its IRS 990 filings. The organization has shown significant growth in revenue and assets over the past few years, with revenue peaking at $485,059 in 2022 and assets reaching $661,688 in 2023. This growth, coupled with consistently low expenses relative to revenue, indicates effective financial management and a healthy surplus generation. The absence of reported liabilities across all filings further underscores its robust financial position.

Spending efficiency appears to be very high, with expenses consistently being a small fraction of revenue. For instance, in 2023, expenses were $160,793 against revenues of $444,069, suggesting a substantial portion of funds are retained or directly invested in future programs and asset growth. The organization's NTEE code (O50 - Sports, Recreational, & Leisure Activities) aligns well with its name, indicating a focused program area. The consistent reporting of 0% officer compensation across all filings is a significant indicator of transparency and a volunteer-driven leadership model, which is highly commendable for a nonprofit of this size.

Overall, the Great Neck Wrestling Association exhibits excellent financial stewardship. Its consistent growth, minimal liabilities, and volunteer-led structure point to a well-managed and mission-focused organization. The substantial increase in assets from $9,262 in 2020 to $661,688 in 2023, while maintaining low expenses, suggests a strategic approach to building long-term capacity and impact.

Is Great Neck Wrestling Association Legit?

Verdict: Great Neck Wrestling Association appears trustworthy

Strengths