Jet Wrestling Club

Nonprofit profile at a glance

EIN
262454431
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Seneca, SC, USA
Phone
8648860711
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Amateur Sports

Reported finances

Revenue
$21,829
Expenses
$12,266
Assets
$22,903

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

Leadership & pay

3 people listed

Executive titles in this filing

  • JASON TANNERY (PRESIDENT)

People named in this filing

  • JASON TANNERY (PRESIDENT)
  • TOMMY JAMES (SECRETARY/TR)
  • ADAM DUNCAN (DIRECTOR)

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

Promote the sport of amateur wrestling in oconee county, South Carolina. The organization will offer interested young persons with the opportunity to improve their wrestling skills. A primary coach will supervise other coaches who offer different styles of coaching. The organization will provide a place to practice and hold matches. The organization will also organize wrestling tournaments and provide travel to wrestling tournaments in other areas. The organization will be open to young persons from oconee county, South Carolina. Interested persons from other counties may also participate for an increased membership charge.

What it reported doing in 2024

Jet wrestling club (the "organization") is organized and operated to promote the sport of amateur wrestling in oconee county, South Carolina. The organization will offer interested young persons with the opportunity to improve their wrestling skills. A primary coach will supervise other coaches who offer different styles of coaching. The organization will provide a place to practice and hold matches. The organization will also organize wrestling tournaments and provide travel to wrestling tournaments in other areas. The organization will be open to young persons from oconee county, South Carolina. Interested persons from other counties may also participate for an increased membership charge.

Operating model

Revenue model
Other-operating. 73% of the money available for current operations came from other operating revenue.
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

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 82
  • Sustainability: 67
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 56.2%; rating input score 56
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 43.8%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 1.87; rating input score 63; 63rd 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: -13.9% per year; rating input score 0; 23rd percentile among comparable filings
  • Revenue growth: -1.5% per year; rating input score 0; 45th percentile among comparable filings
  • Asset growth: 10.1% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 56.2% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $12K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • 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 56/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.