Overview
What is Mustang Wrestling Foundation?
The Mustang Wrestling Foundation, located in San Luis Obispo, California, is a nonprofit organization committed to fostering amateur wrestling in the Central California region. They accomplish this by employing staff and establishing a comprehensive training program for aspiring wrestlers. Furthermore, they extend their support to the wrestling program at California Polytechnic State University, San Luis Obispo. The foundation occasionally invites professional athletes, such as those preparing for the Olympics, to engage in training sessions with local wrestlers, enriching the learning experience.
Official website here: www.mustangwf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
The Mustang Wrestling Foundation has received a low rating of 56% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has no independent board members, which raises questions about governance and oversight. Additionally, it lacks essential policies such as a conflict of interest policy and a whistleblower policy, which are crucial for transparency and ethical operations.
Despite these shortcomings, the foundation does have a solid program expense ratio of 78.09%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. There are no reported material diversions of assets, indicating a level of financial integrity in that regard. However, the absence of a posted tax form on its website and missing document retention policies further highlight areas for improvement.
Overall, while the Mustang Wrestling Foundation shows a commitment to its mission through its programming expenses, the lack of independent oversight and essential governance policies poses potential risks. Strengthening these areas will be vital for enhancing trust and accountability among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Mustang Wrestling Foundation legitimate?
Mustang Wrestling Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mustang Wrestling Foundation 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.
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Official website here: www.mustangwf.org
What is the mission statement of Mustang Wrestling Foundation?
The Mustang Wrestling Foundation's mission is primarily focused on fostering amateur wrestling in the Central California region. They achieve this by employing staff and establishing a wrestling training program. This program is designed to nurture and assist aspiring amateur wrestlers. Furthermore, the foundation supports the wrestling program at California Polytech State University, aiming to enhance the overall wrestling landscape in the region. The foundation has also been known to invite Olympic-bound athletes to instruct and train with Cal Poly wrestlers, providing valuable learning opportunities.
Official website here: www.mustangwf.org
Who is the CEO of Mustang Wrestling Foundation?
Randy Fleury is the President of Mustang Wrestling Foundation.
Official website here: www.mustangwf.org
What is the revenue of Mustang Wrestling Foundation?
Mustang Wrestling Foundation's revenue in 2023 was $111,377.
Official website here: www.mustangwf.org
Who are the executives of Mustang Wrestling Foundation and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.mustangwf.org
Where can I find the form 990 for Mustang Wrestling Foundation?
Mustang Wrestling Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mustangwf.org
Learn more at the official website: www.mustangwf.org
Mission Statement of Mustang Wrestling Foundation
The Mustang Wrestling Foundation, with its primary focus, is dedicated to bolstering amateur wrestling in the Central California region. To accomplish this mission, the organization hires staff and sets up a comprehensive wrestling training program designed to nurture and empower aspiring amateur athletes. Furthermore, the foundation supports the wrestling program at California Polytech State University, San Luis Obispo, providing opportunities for collaboration and growth. The Mustang Wrestling Foundation's efforts in this regard have extended to hosting mini camps and inviting elite athletes preparing for the Olympics to instruct and train alongside Cal Poly wrestlers, fostering a vibrant and enriching learning environment for all involved.
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Impact
October, 2024
The Mustang Wrestling Foundation has significantly impacted amateur wrestling in Central California by establishing a robust training program and providing resources for aspiring athletes. Through initiatives like mini camps, the foundation has brought in elite athletes, including Olympians, to mentor and train with Cal Poly wrestlers, fostering a high level of skill development and inspiration for local talent.
By hiring qualified staff and creating structured training opportunities, the foundation enhances the overall wrestling experience, encouraging youth participation and promoting a competitive spirit. Its support for the wrestling program at California Polytechnic State University not only strengthens the collegiate athletics landscape but also creates pathways for young wrestlers to advance their careers in the sport. Ultimately, the Mustang Wrestling Foundation cultivates a vibrant wrestling community, inspiring athletes to reach their potential while enriching the culture of amateur wrestling in the region.
This information is meant to be a general summary of Mustang Wrestling Foundation. 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 2023.
- Investment Income: $561
- Program Service Revenue: $23,998
- Gross Receipts: $111,377
Assets and Liabilities:
- Total Assets: $58,035
- Total Liabilities: $0
- Net Assets: $58,035
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Support local wrestlers in traveling to National Competitions
Revenue
$4,008
Wrestling Camp
Revenue
$8,500
Regional Training Center
Revenue
$11,490
Organization Details
Founding Year
2018
Phone
(805) 215-6248Principal Officer
Randy Fleury
Main Address
793 E Foothill Blvd Ste A 142, San Luis Obispo, CA, 93405
Website
www.mustangwf.orgNTEE Category
Code: N12 - Recreation
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