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Illinois Kids Wrestling Federation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363794902 ✦ Country club hills, IL ✦ Designated as a 501(c)(3)

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Overview

What is Illinois Kids Wrestling Federation?

The Illinois Kids Wrestling Federation is a nonprofit organization based in Country Club Hills, Illinois, specifically at 4932 Wilshire Boulevard. Their primary mission involves providing instruction and opportunities for children aged five to eighteen to engage in the sport of wrestling. They achieve this by organizing and sanctioning various wrestling events, as well as offering training programs. With a focus on discipline, they cater to over 13,000 athletes and 3,000 coaches across more than 250 clubs. Their commitment extends beyond just teaching wrestling, ensuring the safety of all participants by setting rules and guidelines. The Illinois Kids Wrestling Federation plays an essential role in nurturing young wrestlers' skills and fostering a competitive environment for them to grow and excel.


Official website here: www.ikwf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Star rating)

The Illinois Kids Wrestling Federation has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The overall score is based entirely on the Accountability & Finance beacon, where they scored 92%, indicating robust financial practices and governance.

Key strengths include an independent board with 100% of its members being independent, and a high financial statement audit score. They also demonstrate solid program expense management with an impressive program expense ratio of 85.43%, ensuring that most funds are directed towards their mission of supporting youth wrestling in Illinois.

However, there is a noted limitation regarding their whistleblower policy, which is currently missing. Despite this minor shortcoming, the organization has effectively maintained good fiscal health, as evidenced by their low liabilities to assets ratio of 7.84%. Overall, the Illinois Kids Wrestling Federation demonstrates strong financial integrity and a dedication to their mission.


This AI summary has been generated from information found on Charity Navigator.

Is Illinois Kids Wrestling Federation legitimate?

Illinois Kids Wrestling Federation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois Kids Wrestling Federation 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: $64,510
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,562

For more financial information, click here


Official website here: www.ikwf.org

What is the mission statement of Illinois Kids Wrestling Federation?

The Illinois Kids Wrestling Federation, primarily focused on children between the ages of five and eighteen, aims to offer instruction and opportunities for participation in the sport of wrestling. They achieve this by sanctioning organized wrestling events and providing training. The organization serves over 13,000 athletes and 3,000 coaches across more than 250 clubs. The children under their wing are introduced to wrestling and discipline, while they are given a platform to compete in over 120 sanctioned events. The Illinois Kids Wrestling Federation is responsible for establishing rules and ensuring the safety of all wrestlers.


Official website here: www.ikwf.org

Who is the CEO of Illinois Kids Wrestling Federation?

Jeff Tolbert is the Secretary of Illinois Kids Wrestling Federation.


Official website here: www.ikwf.org

What is the revenue of Illinois Kids Wrestling Federation?

Illinois Kids Wrestling Federation's revenue in 2020 was $797,937.


Official website here: www.ikwf.org

Who are the executives of Illinois Kids Wrestling Federation and what are their salaries?

The average compensation at Illinois Kids Wrestling Federation during 2020 was $34,357. There are 3 employees and 20 volunteers at Illinois Kids Wrestling Federation.


Here are 17 key members and their salaries:


Mike Urwin (Secretary)
  • Compensation: $64,510
  • Related: $0
  • Other: $0
Mark Bullington (Drtr-South)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chauncey Carrick (Dir-Fr/Gr.Rm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Cassioppi (Drtr-North)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Enright (Dir-Central)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Formanski (Drtr-W.Chica)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Considine Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Tholl Jr (Drtr-S.Chica)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denis Laughlin (Folkstyle Dr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Lee (Vp Mark/Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Misfeldt (Drtr-West)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Montez (Dir-Central)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Moore (Drtr-N.Chica)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Oster (Freestyle Dr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Pila (Greco-Roman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Reynolds (Vp Freestyle)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Tolbert (Vp Finance/O)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ikwf.org

Where can I find the form 990 for Illinois Kids Wrestling Federation?

Illinois Kids Wrestling Federation's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.ikwf.org

Learn more at the official website: www.ikwf.org

Mission Statement of Illinois Kids Wrestling Federation

Illinois Kids Wrestling Federation, often abbreviated as IKWF, is dedicated to providing instruction and participation in the sport of wrestling for children between the ages of five and eighteen. This nonprofit organization achieves this mission by sanctioning organized wrestling events and offering training sessions. By doing so, IKWF serves over 13,000 athletes and 3,000 coaches across more than 250 clubs.

The primary goal of IKWF is to teach wrestling and discipline to young individuals, offering them a platform to compete in over 120 sanctioned events. The organization is also responsible for establishing and enforcing rules to ensure the safety of all wrestlers. IKWF plays a significant role in the development and growth of young athletes, providing them with opportunities to learn, grow, and excel in the sport of wrestling.

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Impact




October, 2024

The Illinois Kids Wrestling Federation (IKWF) plays a significant role in promoting the sport of wrestling among youth in the state. By serving over 13,000 athletes and 3,000 coaches across more than 250 clubs, IKWF provides structured instruction and competition opportunities for children aged five to eighteen.

Through the organization of over 120 sanctioned wrestling events, IKWF not only fosters athletic skills but also instills important values such as discipline and sportsmanship. The organization is dedicated to ensuring the safety of all participants by developing and implementing comprehensive rules and regulations for the sport.

By creating a supportive environment for young wrestlers, IKWF contributes to their personal growth and development, encouraging healthy competition and teamwork. This impact extends beyond the mat, as participants gain valuable life skills that can aid their future endeavors. Through its efforts, IKWF strengthens the wrestling community and promotes a lifelong appreciation for the sport among youth in Illinois.




This information is meant to be a general summary of Illinois Kids Wrestling Federation. 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.

Revenue
$797,937 (2020)
Expenses
$573,800 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $16,883
  • Program Service Revenue: $769,054
  • Gross Receipts: $797,937

Assets and Liabilities:

  • Total Assets: $584,317
  • Total Liabilities: $45,863
  • Net Assets: $538,454

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES & ASSESSMENTS

Revenue

$617,391

WRESTLING EVENTS

Revenue

$151,663

Organization Details

Founding Year

1992

Principal Officer

Jeff Tolbert

Main Address

4932 WILSHIRE BOULEVARD, COUNTRY CLUB HILLS, IL, 60478

NTEE Category

Code: N6XZ - Recreation

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