Millard South Wrestling Club
EIN: 50526298 · Omaha, NE · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $210K |
| Total Expenses | $172K |
| Net Assets | $41K |
Is Millard South 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 Millard South Wrestling Club
Millard South Wrestling Club (EIN: 50526298) is a nonprofit organization based in Omaha, NE, classified under NTEE code N60. The organization reported total revenue of $210K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Millard South Wrestling Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Millard South Wrestling Club is a small nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $157K |
| Total Expenses | $172K |
| Surplus / Deficit | $-14,582 |
| Total Assets | $41K |
| Net Assets | $41K |
| Operating Margin | -9.3% |
| Months of Reserves | 2.9 months |
Financial Health Grade: C
In 2022, Millard South Wrestling Club reported a deficit of $15K with expenses exceeding revenue, holds 2.9 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2022), Millard South Wrestling Club's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +5.2% | +21.4% | -26.3% |
| 2021 | +21.8% | -19.0% | +16.8% |
| 2020 | +175.9% | +172.0% | -52.2% |
| 2019 | -58.6% | -10.5% | -16.6% |
| 2018 | -24.0% | -41.2% | +42.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Millard South 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 Millard South 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
Frequently Asked Questions about Millard South Wrestling Club
Is Millard South Wrestling Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Millard South Wrestling Club (EIN: 50526298) insufficient data. 0 red flags identified, 0 strengths noted.
How does Millard South Wrestling Club spend its money?
Detailed spending breakdown data is not yet available for Millard South Wrestling Club. Check back for updated IRS 990 analysis.
Are donations to Millard South Wrestling Club tax-deductible?
Millard South Wrestling Club is registered as a tax-exempt nonprofit (EIN: 50526298). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Millard South Wrestling Club located?
Millard South Wrestling Club is headquartered in Omaha, Nebraska and files with the IRS under EIN 50526298. It is classified under NTEE code N60.
How many years of IRS 990 filings does Millard South Wrestling Club have?
Millard South Wrestling Club has 12 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 $210K in total revenue.
Filing History
IRS 990 filing history for Millard South Wrestling Club showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Millard South Wrestling Club's revenue has grown by 22.6%, moving from $128K to $157K. Total assets increased by 108% over the same period, from $20K to $41K. Total functional expenses rose by 54.4%, from $111K to $172K. In its most recent filing year (2022), Millard South Wrestling Club reported a deficit of $15K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $157K | $172K | $41K | $0 | — | View 990 |
| 2021 | $149K | $141K | $55K | $0 | — | View 990 |
| 2020 | $123K | $175K | $47K | $0 | — | View 990 |
| 2019 | $44K | $64K | $99K | $0 | — | View 990 |
| 2018 | $107K | $72K | $119K | $0 | — | View 990 |
| 2017 | $141K | $122K | $83K | $0 | — | View 990 |
| 2016 | $140K | $153K | $64K | $0 | — | View 990 |
| 2015 | $151K | $140K | $75K | $0 | — | View 990 |
| 2014 | $133K | $136K | $64K | $0 | — | View 990 |
| 2013 | $128K | $127K | $67K | $0 | — | View 990 |
| 2012 | $190K | $143K | $66K | $0 | — | View 990 |
| 2011 | $128K | $111K | $20K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $157K, expenses of $172K, and assets of $41K (revenue +5.2% year-over-year).
- 2021: Revenue of $149K, expenses of $141K, and assets of $55K (revenue +21.8% year-over-year).
- 2020: Revenue of $123K, expenses of $175K, and assets of $47K (revenue +175.9% year-over-year).
- 2019: Revenue of $44K, expenses of $64K, and assets of $99K (revenue -58.6% year-over-year).
- 2018: Revenue of $107K, expenses of $72K, and assets of $119K (revenue -24.0% year-over-year).
- 2017: Revenue of $141K, expenses of $122K, and assets of $83K (revenue +1.0% year-over-year).
- 2016: Revenue of $140K, expenses of $153K, and assets of $64K (revenue -7.4% year-over-year).
- 2015: Revenue of $151K, expenses of $140K, and assets of $75K (revenue +13.8% year-over-year).
- 2014: Revenue of $133K, expenses of $136K, and assets of $64K (revenue +4.0% year-over-year).
- 2013: Revenue of $128K, expenses of $127K, and assets of $67K (revenue -32.8% year-over-year).
- 2012: Revenue of $190K, expenses of $143K, and assets of $66K (revenue +48.5% year-over-year).
- 2011: Revenue of $128K, expenses of $111K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Millard South Wrestling Club:
Data Sources and Methodology
This transparency report for Millard South 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.