Carolina Blue Wrestling Club Inc

Nonprofit profile at a glance

EIN
993669152
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
Chapel Hill, NC, USA
Phone
9192603011
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Amateur Sports

Reported finances

Revenue
$130,030
Expenses
$70,369
Assets
$59,661
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • LENNIE BERNSTEIN (PRESIDENT)
  • JOE SILVESTRO (VICE PRESIDENT)

People named in this filing

  • LENNIE BERNSTEIN (PRESIDENT)
  • JOE SILVESTRO (VICE PRESIDENT)
  • ROBBIE DIRCKS (TREASURER)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Carolina blue wrestling club, inc. (the organization), is organized and operated as both an amateur sports organization within the meaning of sections 501(c)(3) and 501(j) of the internal revenue code of 1986, as amended (code) and an educational organization within the meaning of the code section 501(c)(3). The organization has two primary purposes. First, to prepare amateur wrestlers to compete in national and international wrestling competitions and second, to educate North Carolina youth in the sport of wrestling. Due to the expensive nature of amateur and youth wrestling, limited facilities for participation, and limited availability of coaches capable of training wrestlers to participate in high level competitions, it is necessary to provide facilities, equipment, and coaches to foster wrestling.

What it reported doing in 2025

The carolina blue wrestling club, inc. Is a wrestling-focused program that operates as part of the u.s. Olympic regional training center network, supporting wrestlers of all ages, genders, and skill levels, from novice to elite. The program caters to youth, high school, collegiate-aged, and post-collegiate athletes, including beginners learning basic techniques and elite competitors aiming for national and international success, such as olympic or world championship events. It offers comprehensive training that includes wrestling techniques, strength and conditioning, diet and nutrition education, exercise education, and sports psychology. Utilizing dedicated facilities, an experienced coaching and support staff, including specialists in nutrition and sports psychology, the program provides tailored instruction to enhance physical performance, mental resilience, and overall well-being of the wrestlers. The inclusive approach fosters a diverse training environment, supporting skill development from foundational to advanced levels, while aligning with the u.s. Olympic committee's standards for athlete development.over 400 middle and high school youth, of various skill levels, participated in our 2025 camps and clinics. This represents the largest program as far as number of participants.about 50 middle and high school youth participate in the kids clubs which occur weekly on tuesday and thursday evenings and sunday afternoons. The youth can participate one day a week or all three days depending on their schedules.the rtc currently supports 4 elite post-collegiate athletes who have participated in USA wrestling sanctioned tournaments as well as world championship tournaments (such as the pan american games), with the end goal to wrestle in the 2028 olympic games. The rtc also supports 20 to 30 current collegiate wrestlers who participate in USA wrestling sanctioned tournaments.

Operating model

Revenue model
Donor-supported. 79% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 100
  • Sustainability: 70
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.1%; rating input score 53
  • Program expense ratio: 98.2%; rating input score 98

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: 45.9%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 0.85; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 3.6%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: 200% per year; rating input score 100; 100th percentile among comparable filings
  • Revenue growth: 200% per year; rating input score 100; 100th percentile among comparable filings
  • Asset growth: 200% per year; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: 53.1% of revenue deployed · 98.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $69K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 53/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.