Hastings Wrestling Club
- Assets
- $104.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hastings, MN
- Founding
- 09/1994
- Data as of
- 12/2021
- EIN
- 41-1782143
Organization Overview
Hastings Wrestling Club is located in Hastings, MN. The organization was established in 1994. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Hastings Wrestling Club 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 12/2021, Hastings Wrestling Club generated $103.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $89.3k during the year ending 12/2021. While expenses have increased by 10.8% 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
2021
Describe the Organization's Program Activity:
Part 3
THE WRESTLING CLUB PROVIDES COACHING AND EQUIPMENT TO THE COMMUNITY PROGRAM TO ASSIST ALL YOUNG INDIVIDUALS IN IMPROVING THEIR WRESTLING SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Eichmann President | 2 | $0 | |
Lynette Peterson Treasurer | 10 | $0 | |
Patti Kopp Vice President | 10 | $0 | |
Jason Bainbridge Secretary | 1 | $0 | |
Nick Zajac Fund Development Director | 1 | $0 | |
Chad Beissel At Large | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,445 |
| Total Program Service Revenue | $43,506 |
| Membership dues | $0 |
| Investment income | $50 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $30,335 |
| Other Revenue | $0 |
| Total Revenue | $103,820 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,165 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $33,600 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,137 |
| Total expenses | $89,317 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $104,096 |
| Other assets | $0 |
| Total assets | $104,096 |
| Total liabilities | $4,110 |
| Net assets or fund balances | $99,986 |
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