Team NC Wrestling Inc
Nonprofit profile at a glance
- EIN
- 822888668
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024
- Location
- Spruce Pine, NC, USA
- Phone
- 8285599351
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $440,757
- Expenses
- $477,858
- Assets
- $40,303
- Liabilities
- $13,990
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
People named in this filing
- Ed Duncan (Chair)
- Andrew Gunning (Vice-Chair)
- Cheryl Baynard (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Team NC Wrestling, Inc., operating as The North Carolina Amateur Wrestling Association," as the State Association of the National Governing Body for Wrestling, shall responsibly advocate, promote, coordinate, and provide opportunities for amateur wrestlers to achieve their full human and athletic potential.
What it reported doing in 2024
The Organization held various competitive wrestling tournaments, training events, educational events, and other gatherings throughout the state of North Carolina. Programs were developed to promote the sport of wrestling and were made available to men, women, youth, and children. During the fiscal year that ended August 31, 2025, the Organization had membership of 4,680 athletes and 692 leaders. There were 113 clubs involved and 47 events were hosted.
Operating model
- Revenue model
- Earned-program. 80% 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 90
- Accountability: 82
- Sustainability: 23
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.4%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -8.4%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 0.08; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 99.4% of spending went to programs
- Governance: 15 of 15 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $475K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 19 of 19 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.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- High — Sustainability: Operating margin scored 24/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.