Peninsula Wrestling Association Inc
- Assets
- $151.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport News, VA
- Founding
- 08/1981
- Data as of
- 08/2021
- EIN
- 57-1156354
Organization Overview
Peninsula Wrestling Association Inc is located in Newport News, VA. The organization was established in 1981. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, 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. Peninsula Wrestling Association 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 08/2021, Peninsula Wrestling Association Inc generated $1.7k 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 (47.4%) each year. All expenses for the organization totaled $21.4k during the year ending 08/2021. 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
TO SPONSOR WRESTLING TOURNAMENTS TO PROMOTE AMATUER PROGRAMSTO SPONSOR OTHER PROGRAMS RELATED TO WRESTLING ACTIVITES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Mccormick President/va Duals Direct | 1 | $0 | |
Gloria Todd Team Leader | 1 | $0 | |
David Weniger Board Member | 1 | $0 | |
Janet Williams Secretary | 1 | $0 | |
Paul Starner Board Member | 1 | $0 | |
John Swartz Vp/va Duals College Directors | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $804 |
| Membership dues | $900 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,704 |
| 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 | $15,900 |
| Occupancy, rent, utilities, and maintenance | $1,740 |
| Printing, publications, postage, and shipping | $2,794 |
| Other expenses | $925 |
| Total expenses | $21,359 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $151,219 |
| Other assets | $0 |
| Total assets | $151,219 |
| Total liabilities | $0 |
| Net assets or fund balances | $151,219 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Peninsula Wrestling Association Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Peninsula Community Foundation Of Virginia Hampton, VA PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ohio Valley Conference Brentwood, TN | $13,074,927 | $12,736,519 |
Big Green Scholarship Foundation Inc Huntington, WV | $16,493,764 | $5,508,906 |
Central Intercollegiate Athletic Assn Charlotte, NC | $1,647,093 | $3,002,061 |
Commission On Accreditation Of Athletic Training Education Washington, DC | $2,568,849 | $1,866,924 |
Linganore Area Youth Athletic Association Inc New Market, MD | $1,071,409 | $1,555,930 |
Nextmax Inc Benton, KY | $15,645 | $50,694 |
Karate For Christ International Inc Virginia Beach, VA | $231,385 | $1,111,339 |
Universal Sports And Academics Inc Waldorf, MD | $312,853 | $1,249,952 |
Cleveland County Alws Baseball Inc Shelby, NC | $1,206,630 | $1,175,426 |
Vienna Youth Inc Vienna, VA | $5,144,115 | $913,222 |
Carol S Petrea Youth Golf Foundation Inc Shallotte, NC | $2,368,815 | $677,340 |
Dragonfly Capacity Development Memphis, TN | $61,424 | $488,463 |