Richmond Wrestling Club Inc
Nonprofit profile at a glance
- EIN
- 823298571
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Glen Allen, VA, USA
- Phone
- 8045271815
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Amateur Sports
Reported finances
- Revenue
- $94,381
- Expenses
- $90,720
- Assets
- $26,516
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- J THOMAS RHODES (PRESIDENT, SECRETARY)
- AT ASHBY (VICE PRESIDENT)
- ANDREW FARRAR (VICE PRESIDENT)
People named in this filing
- J THOMAS RHODES (PRESIDENT, SECRETARY)
- STEVEN M PIASCIK (TREASURER)
- AT ASHBY (VICE PRESIDENT)
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 rwc was created in order to provide off-season training opportunities for all local wrestlers and to help younger athletes learn the sport of wrestling and achieve success at the highest levels. The rwc offers training opportunities for wrestlers at all levels, of all ages, and in all styles including folkstyle, freestyle, and greco-roman.
What it reported doing in 2024
Richmond wrestling club had three seasons of the actual club, which had approximately 60-70 participants per season. The programs are designed to provide training opprtunities for all local wrestlers and introduce younger athletes to the sport of wrestling.
Operating model
- Revenue model
- Earned-program. 82% of the money available for current operations came from fees and other program 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 100
- Sustainability: 46
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.6%; rating input score 82
- Program expense ratio: 84.9%; rating input score 85
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: 3.9%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 0.29; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 81.6% of revenue deployed · 84.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $77K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 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.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- Review — Sustainability: Operating margin scored 53/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.