Glasgow Wrestling Club
EIN: 270178800 · Glasgow, MT · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $136K |
| Total Expenses | $74K |
| Net Assets | $485K |
Is Glasgow Wrestling Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Glasgow Wrestling Club
Glasgow Wrestling Club (EIN: 270178800) is a nonprofit organization based in Glasgow, MT, classified under NTEE code N60. The organization reported total revenue of $136K and total assets of $587K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glasgow Wrestling Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glasgow Wrestling Club is a small nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $78K |
| Total Expenses | $74K |
| Surplus / Deficit | +$4K |
| Total Assets | $588K |
| Total Liabilities | $103K |
| Net Assets | $485K |
| Operating Margin | 5.7% |
| Debt-to-Asset Ratio | 17.5% |
| Months of Reserves | 95.9 months |
Financial Health Grade: A
In 2023, Glasgow Wrestling Club reported a surplus of $4K with revenue exceeding expenses, holds 95.9 months of operating reserves (strong position), has a debt-to-asset ratio of 17.5% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Glasgow Wrestling Club's revenue has declined at a compound annual growth rate (CAGR) of -10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.1% | -6.6% | -0.5% |
| 2022 | -17.6% | +28.9% | +3.2% |
| 2021 | +32.1% | +39.4% | +12.0% |
| 2020 | +39.6% | +14.8% | +50.6% |
| 2019 | +17.0% | +11.2% | +10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Glasgow Wrestling Club 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 Glasgow Wrestling Club 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.5%.
Frequently Asked Questions about Glasgow Wrestling Club
Is Glasgow Wrestling Club a legitimate charity?
Glasgow Wrestling Club (EIN: 270178800) is a registered tax-exempt nonprofit based in Montana. It has 9 years of IRS 990 filings on record. Total revenue: $136K. No red flags identified. Financial health grade: A.
How does Glasgow Wrestling Club spend its money?
Glasgow Wrestling Club reported $136K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Glasgow Wrestling Club tax-deductible?
Glasgow Wrestling Club is registered as a tax-exempt nonprofit (EIN: 270178800). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Glasgow Wrestling Club located?
Glasgow Wrestling Club is headquartered in Glasgow, Montana and files with the IRS under EIN 270178800. It is classified under NTEE code N60.
How many years of IRS 990 filings does Glasgow Wrestling Club have?
Glasgow Wrestling Club has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $136K in total revenue.
Filing History
IRS 990 filing history for Glasgow Wrestling Club showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Glasgow Wrestling Club's revenue has declined by 60.1%, moving from $195K to $78K. Total assets increased by 198.3% over the same period, from $197K to $588K. Total functional expenses rose by 203.1%, from $24K to $74K. In its most recent filing year (2023), Glasgow Wrestling Club reported a surplus of $4K, with revenue exceeding expenses. The organization holds $103K in liabilities against $588K in assets (debt-to-asset ratio: 17.5%), resulting in net assets of $485K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $78K | $74K | $588K | $103K | — | — |
| 2022 | $104K | $79K | $591K | $110K | — | View 990 |
| 2021 | $126K | $61K | $573K | $117K | — | — |
| 2020 | $96K | $44K | $511K | $121K | — | View 990 |
| 2019 | $68K | $38K | $339K | $1K | — | View 990 |
| 2018 | $58K | $34K | $308K | $0 | — | View 990 |
| 2017 | $68K | $31K | $284K | $0 | — | View 990 |
| 2016 | $65K | $15K | $247K | $0 | — | View 990 |
| 2015 | $195K | $24K | $197K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $78K, expenses of $74K, and assets of $588K (revenue -25.1% year-over-year).
- 2022: Revenue of $104K, expenses of $79K, and assets of $591K (revenue -17.6% year-over-year).
- 2021: Revenue of $126K, expenses of $61K, and assets of $573K (revenue +32.1% year-over-year).
- 2020: Revenue of $96K, expenses of $44K, and assets of $511K (revenue +39.6% year-over-year).
- 2019: Revenue of $68K, expenses of $38K, and assets of $339K (revenue +17.0% year-over-year).
- 2018: Revenue of $58K, expenses of $34K, and assets of $308K (revenue -13.9% year-over-year).
- 2017: Revenue of $68K, expenses of $31K, and assets of $284K (revenue +5.1% year-over-year).
- 2016: Revenue of $65K, expenses of $15K, and assets of $247K (revenue -67.0% year-over-year).
- 2015: Revenue of $195K, expenses of $24K, and assets of $197K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glasgow Wrestling Club:
Data Sources and Methodology
This transparency report for Glasgow Wrestling Club 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.