Core Wrestling Inc
EIN: 813930366 · Charlotte, NC · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $178K |
| Total Expenses | $122K |
| Net Assets | $95K |
Is Core Wrestling Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Core Wrestling Inc
Core Wrestling Inc (EIN: 813930366) is a nonprofit organization based in Charlotte, NC, classified under NTEE code N60. The organization reported total revenue of $178K and total assets of $106K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Core Wrestling Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Core Wrestling Inc is a small nonprofit that has been operating for 9 years, with 4 years of IRS 990 filings on record (2019–2022).
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $178K |
| Total Expenses | $122K |
| Surplus / Deficit | +$56K |
| Total Assets | $106K |
| Total Liabilities | $10K |
| Net Assets | $95K |
| Operating Margin | 31.6% |
| Debt-to-Asset Ratio | 9.9% |
| Months of Reserves | 10.4 months |
Financial Health Grade: A
In 2022, Core Wrestling Inc reported a surplus of $56K with revenue exceeding expenses, holds 10.4 months of operating reserves (strong position), has a debt-to-asset ratio of 9.9% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +105.1% | +258.1% | +115.5% |
| 2021 | +73.4% | -32.0% | +4897100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Core Wrestling Inc 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 Core Wrestling Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $56K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.9%.
Frequently Asked Questions about Core Wrestling Inc
Is Core Wrestling Inc a legitimate charity?
Core Wrestling Inc (EIN: 813930366) is a registered tax-exempt nonprofit based in North Carolina. It has 4 years of IRS 990 filings on record. Total revenue: $178K. No red flags identified. Financial health grade: A.
How does Core Wrestling Inc spend its money?
Core Wrestling Inc reported $178K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Core Wrestling Inc tax-deductible?
Core Wrestling Inc is registered as a tax-exempt nonprofit (EIN: 813930366). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Core Wrestling Inc located?
Core Wrestling Inc is headquartered in Charlotte, North Carolina and files with the IRS under EIN 813930366. It is classified under NTEE code N60.
How many years of IRS 990 filings does Core Wrestling Inc have?
Core Wrestling Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $178K in total revenue.
Filing History
IRS 990 filing history for Core Wrestling Inc showing financial trends over 4 years of public records:
Total assets increased by 10553100% over the same period, from $1 to $106K. In its most recent filing year (2022), Core Wrestling Inc reported a surplus of $56K, with revenue exceeding expenses. The organization holds $10K in liabilities against $106K in assets (debt-to-asset ratio: 9.9%), resulting in net assets of $95K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $178K | $122K | $106K | $10K | — | — |
| 2021 | $87K | $34K | $49K | $7K | — | — |
| 2020 | $50K | $50K | $1 | $0 | — | — |
| 2019 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $178K, expenses of $122K, and assets of $106K (revenue +105.1% year-over-year).
- 2021: Revenue of $87K, expenses of $34K, and assets of $49K (revenue +73.4% year-over-year).
- 2020: Revenue of $50K, expenses of $50K, and assets of $1.
- 2019: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Core Wrestling Inc:
Data Sources and Methodology
This transparency report for Core Wrestling Inc 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.