Westside Wrestling Club Inc
Westside Wrestling Club Inc maintains stable assets and zero executive compensation, demonstrating efficient, volunteer-led operations.
EIN: 203852992 · Omaha, NE · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $50K |
| Total Expenses | $52K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $60,000. |
| Net Assets | $115K |
| Transparency Score | 92/100 |
Is Westside Wrestling Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Westside Wrestling Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Westside Wrestling Club Inc
Westside Wrestling Club Inc (EIN: 203852992) is a nonprofit organization based in Omaha, NE, classified under NTEE code N60. The organization reported total revenue of $50K and total assets of $143K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westside Wrestling Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westside Wrestling Club Inc is a micro nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $52K |
| Surplus / Deficit | +$8K |
| Total Assets | $141K |
| Total Liabilities | $26K |
| Net Assets | $115K |
| Operating Margin | 12.5% |
| Debt-to-Asset Ratio | 18.3% |
| Months of Reserves | 32.2 months |
Financial Health Grade: A
In 2023, Westside Wrestling Club Inc reported a surplus of $8K with revenue exceeding expenses, holds 32.2 months of operating reserves (strong position), has a debt-to-asset ratio of 18.3% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Westside Wrestling Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.6% | +0.8% | +1.2% |
| 2022 | +1.3% | +28.9% | -0.9% |
| 2021 | +81.7% | +13.6% | +7.7% |
| 2020 | -43.7% | -26.2% | -7.0% |
| 2019 | -4.0% | -13.8% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
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 Westside Wrestling Club Inc with a Mission Score of 92 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Westside Wrestling Club Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with annual revenues typically under $60,000.
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.
Red Flags
The following concerns were identified during AI analysis of Westside Wrestling Club Inc's IRS 990 filings:
- No specific breakdown of program vs. administrative expenses available in summary data, making detailed efficiency analysis challenging without full 990 forms.
Strengths
The following positive indicators were identified for Westside Wrestling Club Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Stable and healthy asset base, consistently above $130,000, providing financial resilience.
- Positive trend in reducing liabilities, decreasing from $56,011 in 2017 to $25,809 in 2023.
- Consistent filing of IRS Form 990s over eight periods, demonstrating transparency.
- Operating at a surplus in most recent years (e.g., $7,502 surplus in 2023).
Frequently Asked Questions about Westside Wrestling Club Inc
Is Westside Wrestling Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Westside Wrestling Club Inc (EIN: 203852992) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Westside Wrestling Club Inc spend its money?
Westside Wrestling Club Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Westside Wrestling Club Inc tax-deductible?
Westside Wrestling Club Inc is registered as a tax-exempt nonprofit (EIN: 203852992). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Westside Wrestling Club Inc CEO make?
Westside Wrestling Club Inc's highest-compensated officer earns $60,000. annually. The organization reported $50K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Westside Wrestling Club Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Westside Wrestling Club Inc is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Westside Wrestling Club Inc located?
Westside Wrestling Club Inc is headquartered in Omaha, Nebraska and files with the IRS under EIN 203852992. It is classified under NTEE code N60.
How many years of IRS 990 filings does Westside Wrestling Club Inc have?
Westside Wrestling Club Inc 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. The most recent filing shows $50K in total revenue.
Is Westside Wrestling Club Inc a good charity?
Based on the provided financial data, Westside Wrestling Club Inc appears to be a well-managed and efficient organization. Its consistent 0% officer compensation, stable asset base, and positive trend in reducing liabilities suggest strong financial health and a direct focus on its mission.
How does Westside Wrestling Club Inc manage its expenses?
The club manages its expenses effectively, consistently operating within its revenue or with a slight surplus in recent years. For example, in 2023, expenses were $52,476 against revenues of $59,978. The absence of officer compensation indicates a lean operational structure.
What is the trend in Westside Wrestling Club Inc's financial stability?
Westside Wrestling Club Inc demonstrates good financial stability. Its assets have remained robust, consistently above $130,000, while liabilities have steadily decreased from $56,011 in 2017 to $25,809 in 2023, indicating improved financial health and reduced debt burden.
Filing History
IRS 990 filing history for Westside Wrestling Club Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Westside Wrestling Club Inc's revenue has grown by 120.6%, moving from $27K to $60K. Total assets decreased by 2.6% over the same period, from $145K to $141K. Total functional expenses rose by 430.9%, from $10K to $52K. In its most recent filing year (2023), Westside Wrestling Club Inc reported a surplus of $8K, with revenue exceeding expenses. The organization holds $26K in liabilities against $141K in assets (debt-to-asset ratio: 18.3%), resulting in net assets of $115K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $60K | $52K | $141K | $26K | — | — |
| 2022 | $56K | $52K | $139K | $32K | — | View 990 |
| 2021 | $56K | $40K | $140K | $37K | — | View 990 |
| 2020 | $31K | $36K | $130K | $42K | — | View 990 |
| 2019 | $54K | $48K | $140K | $47K | — | View 990 |
| 2018 | $57K | $56K | $139K | $52K | — | View 990 |
| 2017 | $17K | $7K | $142K | $56K | — | View 990 |
| 2016 | $27K | $10K | $145K | $-67,364 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $60K, expenses of $52K, and assets of $141K (revenue +6.6% year-over-year).
- 2022: Revenue of $56K, expenses of $52K, and assets of $139K (revenue +1.3% year-over-year).
- 2021: Revenue of $56K, expenses of $40K, and assets of $140K (revenue +81.7% year-over-year).
- 2020: Revenue of $31K, expenses of $36K, and assets of $130K (revenue -43.7% year-over-year).
- 2019: Revenue of $54K, expenses of $48K, and assets of $140K (revenue -4.0% year-over-year).
- 2018: Revenue of $57K, expenses of $56K, and assets of $139K (revenue +241.7% year-over-year).
- 2017: Revenue of $17K, expenses of $7K, and assets of $142K (revenue -39.1% year-over-year).
- 2016: Revenue of $27K, expenses of $10K, and assets of $145K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westside Wrestling Club Inc:
Data Sources and Methodology
This transparency report for Westside Wrestling Club 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.