Ankeny Wrestling Club
Nonprofit profile at a glance
- EIN
- 822949723
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2018
- Location
- Ankeny, IA, USA
- Phone
- 5157205384
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $67,033
- Expenses
- $87,554
- Assets
- $47,017
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Matthew Stephenson (President)
People named in this filing
- Matthew Stephenson (President)
- CT Hammond (Treasurer)
- Lori Staples (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose for which the Corporation is organized is to promote interest and development in the sport of wrestling among parents and the youth of Ankeny, Iowa; To supervise, sponsor and financially assist a disciplined and competitive program of wrestling; To develop in our athletes, strong values and characteristics such as good sportsmanship, honesty, hard work and self-confidence; to stress the concept of parents and children working and cooperating together in all club activities so that the family may be strengthened in the process. Notwithstanding the foregoing, however, the Corporation is organized exclusively for the promotion of amateur sports competition, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the Internal Revenue Code of 1986, as amended (or corresponding section of any future federal tax code).
What it reported doing in 2024
Participation in and organization of wrestlingtournaments and events that allow our members to competetogether to learn proper wrestling technique and methods.
Operating model
- Revenue model
- Membership-supported. 74% of the money available for current operations came from membership dues.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 10
- Transparency & Controls: 100
- Sustainability: 24
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 16.4%; rating input score 16
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -30.6%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.54; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 20.3% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: -3.5% per year; rating input score 0; 28th percentile among comparable filings
Details
- Where the money goes: 16.4% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 16/100.
- High — Sustainability: Operating margin scored 18/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.