Methuen Youth Wrestling Inc
- Assets
- $11.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Methuen, MA
- Founding
- 02/2015
- Data as of
- 12/2021
- EIN
- 46-4134062
Organization Overview
Methuen Youth Wrestling Inc is located in Methuen, MA. The organization was established in 2015. 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. Methuen Youth Wrestling 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 12/2021, Methuen Youth Wrestling Inc generated $6.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $5.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Lavalle Chairperson | 10 | $0 | |
James Reynolds Chairperson | 10 | $0 | |
Erin Metzemaker Treasurer | 10 | $0 | |
Keri Kuchariski Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,655 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $6,655 |
| 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 | $1,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $240 |
| Other expenses | $2,996 |
| Total expenses | $5,036 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,455 |
| Other assets | $0 |
| Total assets | $11,455 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,455 |
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