Brookings Wrestling Association
EIN: 710870867 · Brookings, SD · NTEE: N60
| Metric | Value |
|---|---|
| Total Expenses | $26K |
| Net Assets | $66K |
Is Brookings Wrestling Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brookings Wrestling Association
Brookings Wrestling Association (EIN: 710870867) is a nonprofit organization based in Brookings, SD, classified under NTEE code N60. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brookings Wrestling Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brookings Wrestling Association is a micro nonprofit that has been operating for 21 years, with 8 years of IRS 990 filings on record (2012–2019). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $26K |
| Surplus / Deficit | +$16K |
| Total Assets | $66K |
| Total Liabilities | $259 |
| Net Assets | $66K |
| Operating Margin | 37.5% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 30.5 months |
Financial Health Grade: A
In 2019, Brookings Wrestling Association reported a surplus of $16K with revenue exceeding expenses, holds 30.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 8 years of filings (2012–2019), Brookings Wrestling Association's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +93.7% | -26.6% | +31.0% |
| 2018 | -3.6% | -23.7% | +5043300.0% |
| 2017 | -71.3% | -33.5% | +0.0% |
| 2016 | +0.8% | +23.1% | +0.0% |
| 2015 | -8.7% | -29.7% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Brookings Wrestling Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Brookings Wrestling Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Brookings Wrestling Association
Is Brookings Wrestling Association a legitimate charity?
Brookings Wrestling Association (EIN: 710870867) is a registered tax-exempt nonprofit based in South Dakota. It has 8 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Brookings Wrestling Association spend its money?
Brookings Wrestling Association reported its financials in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Brookings Wrestling Association tax-deductible?
Brookings Wrestling Association is registered as a tax-exempt nonprofit (EIN: 710870867). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Brookings Wrestling Association located?
Brookings Wrestling Association is headquartered in Brookings, South Dakota and files with the IRS under EIN 710870867. It is classified under NTEE code N60.
How many years of IRS 990 filings does Brookings Wrestling Association have?
Brookings Wrestling Association has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Brookings Wrestling Association showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2019), Brookings Wrestling Association's revenue has grown by 71.4%, moving from $24K to $42K. Total assets increased by 80.8% over the same period, from $37K to $66K. Total functional expenses fell by 48.8%, from $51K to $26K. In its most recent filing year (2019), Brookings Wrestling Association reported a surplus of $16K, with revenue exceeding expenses. The organization holds $259 in liabilities against $66K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $66K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $42K | $26K | $66K | $259 | — | View 990 |
| 2018 | $22K | $35K | $50K | $0 | — | View 990 |
| 2017 | $22K | $46K | $1 | $0 | — | View 990 |
| 2016 | $78K | $70K | $1 | $0 | — | View 990 |
| 2015 | $77K | $57K | $1 | $0 | — | View 990 |
| 2014 | $84K | $81K | $63K | $2K | — | View 990 |
| 2013 | $67K | $45K | $59K | $1K | — | View 990 |
| 2012 | $24K | $51K | $37K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $42K, expenses of $26K, and assets of $66K (revenue +93.7% year-over-year).
- 2018: Revenue of $22K, expenses of $35K, and assets of $50K (revenue -3.6% year-over-year).
- 2017: Revenue of $22K, expenses of $46K, and assets of $1 (revenue -71.3% year-over-year).
- 2016: Revenue of $78K, expenses of $70K, and assets of $1 (revenue +0.8% year-over-year).
- 2015: Revenue of $77K, expenses of $57K, and assets of $1 (revenue -8.7% year-over-year).
- 2014: Revenue of $84K, expenses of $81K, and assets of $63K (revenue +26.5% year-over-year).
- 2013: Revenue of $67K, expenses of $45K, and assets of $59K (revenue +174.7% year-over-year).
- 2012: Revenue of $24K, expenses of $51K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brookings Wrestling Association:
Data Sources and Methodology
This transparency report for Brookings Wrestling Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.