Overview
What is Nittany Lion Wrestling Club?
The Nittany Lion Wrestling Club, located in State College, Pennsylvania, functions as a nonprofit organization with a primary focus on supporting and promoting amateur wrestling. They accomplish this goal by organizing various wrestling camps, tournaments, and clinics. Moreover, they operate an Olympic Regional Training Center and a Resident Athlete Program, providing skilled instructions and support. With a dedicated team of 21 individuals, the Nittany Lion Wrestling Club plays a vital role in fostering the growth and development of amateur wrestlers.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Nittany Lion Wrestling Club has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. With an overall score of 82%, the organization demonstrates strong governance, highlighted by a fully independent board and excellent scores in key financial metrics. These include a perfect score in areas such as material diversion of assets and program expense ratio, showcasing effective use of funds towards their mission.
Strengths of the organization include their rigorous oversight mechanisms, as evidenced by their documentation of board meeting minutes and the distribution of tax forms prior to filing. The club also exhibits strong financial health, with favorable ratios in liabilities to assets and fundraising efficiency, which reflect its ability to manage resources effectively while supporting its programs.
However, while the overall ratings are positive, there is always room for improvement in transparency and outreach. Continued engagement with stakeholders and enhanced communication about their impact could further strengthen their standing and attract additional support for their initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Nittany Lion Wrestling Club legitimate?
Nittany Lion Wrestling Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nittany Lion Wrestling Club submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $84,475
Professional Fundraising Fees: $0
Other Salaries and Wages: $944,271
For more financial information, click here
What is the mission statement of Nittany Lion Wrestling Club?
The Nittany Lion Wrestling Club's mission is focused on supporting and promoting amateur wrestling. They achieve this by organizing various events such as wrestling camps, tournaments, clinics, and operating an Olympic Regional Training Center and a Resident Athlete Program. Through these activities, the club provides skilled wrestling instructions and supports the training and development of aspiring athletes.
Who is the CEO of Nittany Lion Wrestling Club?
Terry Chandler is the Vice President of Nittany Lion Wrestling Club.
What is the revenue of Nittany Lion Wrestling Club?
Nittany Lion Wrestling Club's revenue in 2022 was $4,615,955.
Who are the executives of Nittany Lion Wrestling Club and what are their salaries?
The average compensation at Nittany Lion Wrestling Club during 2022 was $48,988. There are 21 employees and 100 volunteers at Nittany Lion Wrestling Club.
Here are 3 key members and their salaries:
- Compensation: $84,475
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Nittany Lion Wrestling Club?
Nittany Lion Wrestling Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nittany Lion Wrestling Club
The Nittany Lion Wrestling Club is committed to fostering and advancing amateur wrestling. They accomplish this goal by organizing various events such as wrestling camps, tournaments, clinics, and even acting as an Olympic Regional Training Center. Furthermore, the club supports a Resident Athlete Program, providing skilled instructions and guidance during these events. The club's activities aim to nurture and develop the talent of aspiring wrestlers, providing them with the necessary resources and training to excel in the sport.
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Impact
October, 2024
The Nittany Lion Wrestling Club profoundly influences the realm of amateur wrestling by providing comprehensive support and development opportunities for athletes at various levels. Its initiatives include conducting wrestling camps, clinics, and tournaments that offer skilled instruction tailored to enhance wrestlers' techniques and competitive readiness.
By hosting an Olympic Regional Training Center and facilitating a resident athlete program, the club not only nurtures talent but also helps wrestlers achieve excellence on national and international stages. This strong focus on athlete development fosters a culture of excellence in wrestling, encouraging participants to reach their full potential while instilling values of discipline, teamwork, and sportsmanship.
Additionally, the club serves as a vibrant hub in State College, PA, uniting the wrestling community and promoting the sport throughout the region. Its commitment to amateur wrestling ensures that aspiring athletes gain access to the resources and support they need to succeed, thereby elevating the overall standards and popularity of the sport.
This information is meant to be a general summary of Nittany Lion Wrestling Club. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $189,185
- Program Service Revenue: $254,003
- Gross Receipts: $6,852,087
Assets and Liabilities:
- Total Assets: $10,552,412
- Total Liabilities: $5,440
- Net Assets: $10,546,972
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPECIAL EVENTS
Revenue
$138,555
SUBSCRIPTION INCOME
Revenue
$115,448
Organization Details
Founding Year
1981
Phone
(814) 574-7799Principal Officer
Terry Chandler
Main Address
PO BOX 316, STATE COLLEGE, PA, 16804
NTEE Category
Code: N60 - Recreation
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