Hornet Swarm Wrestling Club Co

Nonprofit profile at a glance

EIN
994424022
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024
Location
Rossville, IN, USA
Phone
7654903743
Rating
59
Verdict
MIXED
Rating confidence
Limited
Sector
Amateur Sports

Reported finances

Revenue
$1,883
Expenses
$0
Assets
$1,883
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Tyrel Sloan (President)

People named in this filing

  • Thomas Lynch (Director)
  • Tyrel Sloan (President)
  • Chase Thompson (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

Athletic organization for youth sports. Exemption allows for donations and fundraising to better serve youth in our area. The organization runs year round.

What it reported doing in 2024

Hornet Swarm Wrestling Club provides student-athletes with the ability to grow and develop as young athletes into successful young adults. This club benefits roughly 200 student-athletes every year by providing world-class instruction. We also ensure all student-athletes have the necessary required uniforms and are able to compete in events both locally and nationally.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 37
  • Transparency & Controls: 100
  • Sustainability: 8
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.3%; rating input score 59
  • 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: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 59.3% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $1K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • 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 59/100.
  • Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.