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Princeton Wrestling Club Inc

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

EIN: 813402753 ✦ Princeton junction, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Princeton Wrestling Club Inc?

Princeton Wrestling Club Inc, a 501(C)(3) nonprofit organization, is committed to advancing the sport of wrestling. Based in Princeton Junction, New Jersey, the club's mission is to instill character, confidence, work ethic, and mental toughness in its participants. Princeton Wrestling Club supports various wrestling programs, including the Youth & Cub Program, Elite Wrestling Program, Women's Freestyle Wrestling Program, Scholarship Program, Booster Program, and the NJ Regional Training Center for US Olympic Athletes. Their coaching staff leverages wrestling as a tool to foster success in all aspects of life, aiming to develop discipline, confidence, and resilience in its student-athletes. The club currently employs 10 individuals, dedicated to promoting and nurturing wrestling talent in the local community.


Official website here: www.princetonwrestling.com/

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, Overall Score: 73%)

Princeton Wrestling Club Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas despite a solid overall score of 73%. The organization demonstrates strong financial accountability, with a 92.84% program expense ratio, meaning a significant majority of its funds are directed towards its programs. Additionally, it boasts a fully independent board with a high percentage of independent members, which is a positive indicator of governance.

However, the rating highlights some limitations, particularly the absence of a whistleblower policy and a document retention and destruction policy, which raises concerns about transparency and accountability. While the organization has no material diversion of assets and adequately meets other governance criteria, these missing policies could potentially affect its operational integrity.

Overall, while Princeton Wrestling Club Inc shows commitment to its mission through effective financial management, addressing the gaps in its governance policies is crucial for enhancing trust and credibility with its stakeholders.


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

What do the Facebook reviews say about Princeton Wrestling Club Inc?

94% of 12 reviewers on Facebook recommend Princeton Wrestling Club Inc. Here is a summary of their thoughts:

Supporters highlight the inspiring atmosphere created by the coaches, kids, and parents involved in the program. The sense of community and encouragement fosters both personal and athletic growth, making it an enjoyable experience for everyone involved.

Overall, the feedback reflects a positive sentiment towards the club, with many participants appreciating the dedication and energy that the organization brings to youth wrestling.


This AI summary has been generated from reviews found on Facebook.

Is Princeton Wrestling Club Inc legitimate?

Princeton Wrestling Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Princeton Wrestling Club Inc 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: $15,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $214,271

For more financial information, click here


Official website here: www.princetonwrestling.com/

What is the mission statement of Princeton Wrestling Club Inc?

The Princeton Wrestling Club Inc, as a 501(C)(3) nonprofit organization, is committed to promoting the sport of wrestling. Its mission extends beyond just the sport, aiming to instill essential life skills such as character, confidence, work ethic, and mental toughness in its athletes. The club provides wrestling opportunities for athletes of all levels throughout the year, using the sport as a medium to teach them the pursuit of success in various aspects of life. The coaching staff at Princeton Wrestling Club Inc employs wrestling to develop the athletes' character, confidence, discipline, and mental resilience, thereby preparing them for various life challenges.


Official website here: www.princetonwrestling.com/

Who is the CEO of Princeton Wrestling Club Inc?

Robert Schmidt is the Principal Officer of Princeton Wrestling Club Inc.


Official website here: www.princetonwrestling.com/

What is the revenue of Princeton Wrestling Club Inc?

Princeton Wrestling Club Inc's revenue in 2022 was $463,702.


Official website here: www.princetonwrestling.com/

Who are the executives of Princeton Wrestling Club Inc and what are their salaries?

The average compensation at Princeton Wrestling Club Inc during 2022 was $22,927. There are 10 employees and 15 volunteers at Princeton Wrestling Club Inc.


Here are 12 key members and their salaries:


Joseph Jamison (Executive Director)
  • Compensation: $15,000
  • Related: $0
  • Other: $0
Jim Brophy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Greene (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominique Jones (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Schmidt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Ayres (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Monahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Sockler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benny Soffer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Stuart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Rose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brendan Bibro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.princetonwrestling.com/

Where can I find the form 990 for Princeton Wrestling Club Inc?

Princeton Wrestling Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.princetonwrestling.com/

Learn more at the official website: www.princetonwrestling.com/

Mission Statement of Princeton Wrestling Club Inc

Princeton Wrestling Club, a 501(c)(3) nonprofit organization, is committed to promoting the sport of wrestling. Their mission is to offer wrestling opportunities for athletes of all levels, allowing them to enhance their skills throughout the year. The coaching staff at Princeton Wrestling Club utilizes wrestling as a tool to instill essential life lessons in its student-athletes. They aim to teach them the importance of striving for success, developing character, confidence, discipline, work ethic, and mental toughness. By engaging in wrestling, individuals under Princeton Wrestling Club's guidance can cultivate these qualities, preparing them for various aspects of life beyond the sport.

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Impact




July, 2024

Princeton Wrestling Club Inc's impact is significant in promoting the sport of wrestling and instilling valuable traits such as character, confidence, work ethic, and mental toughness in its participants. Through various programs including youth, elite, women's freestyle wrestling, scholarship assistance for disadvantaged wrestlers, booster support for local wrestling clubs, and a regional training center for US Olympic athletes, the club provides opportunities for athletes of all levels to enhance their skills and strive for success in all aspects of life. By using wrestling as a vehicle for personal development, Princeton Wrestling Club Inc is making a positive impact on individuals within the community.




This information is meant to be a general summary of Princeton Wrestling Club Inc. 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
$463,702 (2022)
Expenses
$321,645 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$88
  • Program Service Revenue: $15,680
  • Gross Receipts: $485,042

Assets and Liabilities:

  • Total Assets: $160,679
  • Total Liabilities: $9,191
  • Net Assets: $151,488

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Programs

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

REGISTRATION INCOME

Revenue

$15,680

Organization Details

Founding Year

2017

Principal Officer

Robert Schmidt

Main Address

PO BOX 90, PRINCETON JUNCTION, NJ, 08550

NTEE Category

Code: N60 - Recreation

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