Great Neck Wrestling Association
Great Neck Wrestling Association shows strong financial growth and zero officer compensation.
EIN: 201358191 · Virginia Bch, VA · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $268K |
| Total Expenses | $161K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $661,688 |
| Net Assets | $662K |
| Transparency Score | 95/100 |
Is Great Neck Wrestling Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Great Neck Wrestling Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Great Neck Wrestling Association
Great Neck Wrestling Association (EIN: 201358191) is a nonprofit organization based in Virginia Bch, VA, classified under NTEE code O50. The organization reported total revenue of $268K and total assets of $625K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Great Neck Wrestling Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Great Neck Wrestling Association is a small nonprofit that has been operating for 8 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $444K |
| Total Expenses | $161K |
| Surplus / Deficit | +$283K |
| Total Assets | $662K |
| Net Assets | $662K |
| Operating Margin | 63.8% |
| Months of Reserves | 49.4 months |
Financial Health Grade: A
In 2023, Great Neck Wrestling Association reported a surplus of $283K with revenue exceeding expenses, holds 49.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Great Neck Wrestling Association's revenue has grown at a compound annual growth rate (CAGR) of 17.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.5% | -3.7% | +74.9% |
| 2022 | +225.4% | +70.4% | +527.1% |
| 2021 | +95.5% | +22.8% | +551.6% |
| 2020 | -13.0% | -8.6% | -27.7% |
| 2019 | +193.6% | +192.9% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Great Neck Wrestling Association with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Great Neck Wrestling Association allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $283K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization with no paid officers, which is highly efficient for an organization with assets of $661,688 and revenues of $444,069 in 2023.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Great Neck Wrestling Association:
- Zero officer compensation reported across all filings, indicating volunteer leadership.
- Significant asset growth from $9,262 in 2020 to $661,688 in 2023.
- Consistently low expenses relative to revenue, demonstrating high spending efficiency.
- No reported liabilities across all available filing periods.
- Strong revenue growth, peaking at $485,059 in 2022.
Frequently Asked Questions about Great Neck Wrestling Association
Is Great Neck Wrestling Association a legitimate charity?
Great Neck Wrestling Association (EIN: 201358191) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $268K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Great Neck Wrestling Association spend its money?
Great Neck Wrestling Association directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Great Neck Wrestling Association tax-deductible?
Great Neck Wrestling Association is registered as a tax-exempt nonprofit (EIN: 201358191). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Great Neck Wrestling Association CEO make?
Great Neck Wrestling Association's highest-compensated officer earns $661,688 annually. The organization reported $268K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Great Neck Wrestling Association's spending goes to programs?
Great Neck Wrestling Association directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Great Neck Wrestling Association compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Great Neck Wrestling Association is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Great Neck Wrestling Association located?
Great Neck Wrestling Association is headquartered in Virginia Bch, Virginia and files with the IRS under EIN 201358191. It is classified under NTEE code O50.
How many years of IRS 990 filings does Great Neck Wrestling Association have?
Great Neck Wrestling Association has 13 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 $268K in total revenue.
Is Great Neck Wrestling Association a good charity?
Based on its financial filings, Great Neck Wrestling Association appears to be a very good charity. It demonstrates strong financial health, significant asset growth, and a commitment to its mission with 0% officer compensation.
How does Great Neck Wrestling Association manage its expenses?
The organization manages its expenses very efficiently. For example, in 2023, expenses were $160,793 against revenues of $444,069, indicating that a large portion of its revenue is either saved or directly invested in its mission and asset growth rather than being consumed by operational costs.
What is the trend in Great Neck Wrestling Association's financial growth?
Great Neck Wrestling Association has shown significant financial growth, particularly in recent years. Its assets grew from $9,262 in 2020 to $661,688 in 2023, and revenue increased from $76,244 in 2020 to $444,069 in 2023, demonstrating a strong upward trajectory.
Filing History
IRS 990 filing history for Great Neck Wrestling Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Great Neck Wrestling Association's revenue has grown by 582.5%, moving from $65K to $444K. Total assets increased by 7159.3% over the same period, from $9K to $662K. Total functional expenses rose by 160.7%, from $62K to $161K. In its most recent filing year (2023), Great Neck Wrestling Association reported a surplus of $283K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $444K | $161K | $662K | $0 | — | View 990 |
| 2022 | $485K | $167K | $378K | $0 | — | View 990 |
| 2021 | $149K | $98K | $60K | $0 | — | View 990 |
| 2020 | $76K | $80K | $9K | $0 | — | View 990 |
| 2019 | $88K | $87K | $13K | $0 | — | View 990 |
| 2018 | $30K | $30K | $12K | $0 | — | — |
| 2017 | $53K | $62K | $18K | $0 | — | — |
| 2016 | $48K | $35K | $28K | $0 | — | — |
| 2015 | $42K | $42K | $14K | $0 | — | — |
| 2014 | $65K | $66K | $13K | $0 | — | View 990 |
| 2013 | $54K | $54K | $14K | $0 | — | View 990 |
| 2012 | $53K | $50K | $14K | $0 | — | View 990 |
| 2011 | $65K | $62K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $444K, expenses of $161K, and assets of $662K (revenue -8.5% year-over-year).
- 2022: Revenue of $485K, expenses of $167K, and assets of $378K (revenue +225.4% year-over-year).
- 2021: Revenue of $149K, expenses of $98K, and assets of $60K (revenue +95.5% year-over-year).
- 2020: Revenue of $76K, expenses of $80K, and assets of $9K (revenue -13.0% year-over-year).
- 2019: Revenue of $88K, expenses of $87K, and assets of $13K (revenue +193.6% year-over-year).
- 2018: Revenue of $30K, expenses of $30K, and assets of $12K (revenue -44.0% year-over-year).
- 2017: Revenue of $53K, expenses of $62K, and assets of $18K (revenue +10.0% year-over-year).
- 2016: Revenue of $48K, expenses of $35K, and assets of $28K (revenue +15.1% year-over-year).
- 2015: Revenue of $42K, expenses of $42K, and assets of $14K (revenue -35.7% year-over-year).
- 2014: Revenue of $65K, expenses of $66K, and assets of $13K (revenue +20.2% year-over-year).
- 2013: Revenue of $54K, expenses of $54K, and assets of $14K (revenue +2.5% year-over-year).
- 2012: Revenue of $53K, expenses of $50K, and assets of $14K (revenue -18.5% year-over-year).
- 2011: Revenue of $65K, expenses of $62K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Great Neck Wrestling Association:
Data Sources and Methodology
This transparency report for Great Neck 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.