Is Waverly Area Wrestling Club Legit?

The Waverly Area Wrestling Club demonstrates consistent financial activity focused on its mission, as evidenced by its 14 IRS 990 filings. The organization's revenue has fluctuated, with a notable increase to $162,628 in 2022 from $70,468 in 2021, indicating variable but generally growing support. Its assets have also shown growth, reaching $82,579 in 2022, up from $34,437 in 2021, suggesting a healthy accumulation of resources. The club consistently reports zero liabilities, which is a strong indicator of financial stability and responsible management, avoiding debt. Spending efficiency appears high, as the organization consistently reports 0% officer compensation across all available filings, meaning all leadership is volunteer-based. This significantly reduces administrative overhead and ensures that funds are directed towards program services. For instance, in 2022, expenses were $162,637 against revenues of $162,628, showing that nearly all incoming funds were utilized for operations. The absence of reported fundraising expenses further suggests that the club relies on direct community support or volunteer efforts for revenue generation, maximizing the impact of every dollar received. Transparency is excellent due to the consistent filing of IRS 990 forms and the clear reporting of financial data, including zero liabilities and zero officer compensation. The detailed financial history allows for a clear understanding of the organization's operational trends and commitment to its mission without significant administrative or fundraising costs. This level of financial clarity and efficient resource allocation positions the Waverly Area Wrestling Club as a well-managed and trustworthy nonprofit.