Minnesotausa Wrestling Inc

What it reported doing in 2024

Minnesota/USA wrestling inc. (the organization) is a nonprofit, 501(c)3, amateur sport organization, which is supported in part by revenues from membership, events and in part from revenue created through lawful purpose gaming operations within the state of Minnesota. Minnesota/USA wrestling inc. Is dedicated to freestyle, greco-roman and folkstyle wrestling at all levels. Our primary mission is to give every wrestler the opportunity to learn, to achieve and go as far as their talents, abilities and determination will allow them. Minnesota/USA wrestling inc. Is the official state affiliate to USA wrestling, the group member of the united states olympic committee selected to represent amateur wrestlers. Minnesota/USA wrestling inc. As a very active organization working to meet the needs of over 75 clubs, 5000 wrestlers, 1000 coaches and 45 officials, and 1000s of volunteers, all of whom make Minnesota/USA wrestling inc. The success that it is. The wrestling clubs are from towns and cities throughout Minnesota, with athletes competing in various age groups: kids, generally 14 years and younger; cadets, generally 15-16 year olds; juniors, generally high school age; university, generally college age; open, generally college age and beyond; and women, including all girls and women. These athletes compete i freestyle, greco-roman and folkstyle wrestling styles. Minnesota/USA wrestling inc. Is the only wrestling program in Minnesota to offer regional training for women/girls. We continue to work with our neighboring states to get as many female workout partners as possible. This gives females the opportunity to better their wrestling skills. USA wrestling offers women's only competition on local, national and international levels. The sport of wrestling will encourage athletes' positive attitudes, leadership qualities and self-discipline. It will develop athlete's physical strength, technique, coordination balance, and agility. It will excite athletes, coaches, parents, families and fans.

Financial Efficiency

• Mission deployment rate: 79.3%; rating input score 79
• Program expense ratio: 94.2%; rating input score 94
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 3 of 8 controls in place; rating input score 38
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Fail
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 16.1%; rating input score 71; 71st percentile among comparable filings
• Total-asset coverage ratio: 1.02; rating input score 43; 43rd percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 70; 70th percentile among comparable filings
• Officer compensation ratio: 8.8%; rating input score 41; 41st percentile among comparable filings

Growth

• Program expense growth: 19.9% per year; rating input score 100; 82nd percentile among comparable filings
• Revenue growth: 25.8% per year; rating input score 100; 90th percentile among comparable filings
• Asset growth: 14.5% per year; rating input score 100; 71st percentile among comparable filings