Terrapin Wrestling Club Inc
- Assets
- $51.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brookeville, MD
- Founding
- 07/2009
- Data as of
- 12/2022
- EIN
- 20-8397764
Organization Overview
Terrapin Wrestling Club Inc is located in Brookeville, MD. The organization was established in 2009. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Terrapin Wrestling Club Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Terrapin Wrestling Club Inc generated $87.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $130.1k during the year ending 12/2022. While expenses have increased by 13.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDING BEGINNING WRESTLERS INSTRUCTION ON FUNDAMENTALS OF WRESTLING INCLUDING RULES AND BASIC TECHNIQUES, PROVIDING MORE ADVANCED WRESTLERS APPROPRIATE TRAINING AND CLINICS AND LIVE WRESTLING OPPORTUNITIES, AND FOR ELITE ATHLETES SEEKING TO COMPETE ON NATIONAL, WORLD AND OLYMPIC TERMS, CONDITIONING, TRAINING AND COACHING WITH A FOCUS ON DRILLING IN INDIVIDUAL AREAS OF CONCENTRATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Clemsen President | 10 | $0 | |
Kevin Kearns Vice President | 5 | $0 | |
Brynne Mellon Secretary | 5 | $0 | |
Nick Brascetta Treasurer | 5 | $0 | |
Devin Mellon Director | 10 | $0 | |
Darryl Colbert Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,615 |
| Total Program Service Revenue | $0 |
| Membership dues | $15,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87,615 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $130,108 |
| Total expenses | $130,108 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,296 |
| Other assets | $0 |
| Total assets | $51,296 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,296 |