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Nycrtc

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

EIN: 834013860 ✦ Hoboken, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Nycrtc?

Nycrtc, a 501(c)(3) nonprofit organization based in Hoboken, New Jersey, is dedicated to promoting the sport of wrestling and instilling valuable qualities such as character, confidence, work ethic, and mental toughness. Their primary mission involves training and supporting student athletes and wrestlers aiming for higher levels in their careers, focusing on national and international success. The organization partners with the Edge School of Wrestling in Hoboken and Columbia University's men's and women's wrestling team on their campus in NYC. The seniors in this program train full-time at RTC facilities, benefiting from world-class coaching and resources, as well as international wrestling styles for both men and women. With a team of 4 dedicated individuals, Nycrtc strives to create a top-tier training environment and produce national, world, and Olympic champions.


Official website here: www.nycrtc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

The New York City Regional Transportation Council (NYCRTC) has received an 81% score from Charity Navigator, indicating a solid level of accountability and finance management. This rating is based entirely on the Accountability & Finance beacon, highlighting the organization's commitment to transparency and effective financial practices.

One of the notable strengths of NYCRTC is its governance structure, with 71% of board members being independent, which supports sound decision-making. The organization also demonstrates strong financial health, with a program expense ratio of over 95%, indicating that a significant majority of its funds are allocated directly to its programs.

While the overall rating is commendable, it reflects only the accountability and finance aspects of the organization. There are no noted issues regarding material diversion of assets, and all required policies are in place. However, further information on program effectiveness and impact would provide a fuller picture of the organization's overall performance and effectiveness in fulfilling its mission.


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

Is Nycrtc legitimate?

Nycrtc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nycrtc 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: $93,354
Professional Fundraising Fees: $0
Other Salaries and Wages: $375,248

For more financial information, click here


Official website here: www.nycrtc.org

What is the mission statement of Nycrtc?

Nycrtc, as a 501(c)(3) non-profit organization, is dedicated to promoting the sport of wrestling. Its primary objective is to nurture and support student athletes and wrestlers aiming for national and international success. The organization operates a senior resident athlete program in partnership with The Edge School of Wrestling and Columbia Wrestling Facility, focusing on creating a world-class training environment specializing in international wrestling styles for both men and women. Nycrtc strives to achieve this by collaborating with Olympic-level coaches and world-class training partners, and by increasing the necessary resources to realize its ultimate goal: producing national, world, and Olympic champions. The organization also plays a role in fostering the growth of wrestling at various levels through leadership in the sport.


Official website here: www.nycrtc.org

Who is the CEO of Nycrtc?

David Esposito is the Trustee & Co-Vice-Chair of Nycrtc.


Official website here: www.nycrtc.org

What is the revenue of Nycrtc?

Nycrtc's revenue in 2022 was $798,278.


Official website here: www.nycrtc.org

Who are the executives of Nycrtc and what are their salaries?

The average compensation at Nycrtc during 2022 was $117,150. There are 4 employees and 5 volunteers at Nycrtc.


Here are 6 key members and their salaries:


Andrew Barth (Trustee & Co-Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Barry (Trustee & Co-Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Esposito (Trustee And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyra Tirana Barry (Trustee And Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zach Tanelli (Trustee And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendall Cross (Head Coach)
  • Compensation: $93,354
  • Related: $0
  • Other: $0


Official website here: www.nycrtc.org

Where can I find the form 990 for Nycrtc?

Nycrtc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nycrtc.org

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

Mission Statement of Nycrtc

Nycrtc, a 501(c)(3) non-profit organization, is committed to promoting the sport of wrestling and instilling essential character traits such as confidence, work ethic, and mental toughness in its student athletes and wrestlers. Their primary objective is to support aspiring athletes who aim to succeed at the national and international levels. To achieve this, Nycrtc collaborates with reputable training partners such as The Edge School of Wrestling and Columbia Wrestling Facility.

The organization's mission is reflected in its Senior Resident Athlete Program, which provides a full-time training environment for athletes at their facilities. This program specializes in international wrestling styles, catering to both men and women. Nycrtc is recognized as one of the premier training sites in the United States, thanks to its engagement with Olympic-level coaches and world-class training partners. By increasing the necessary resources, the organization strives to fulfill its overarching vision: producing national, world, and Olympic champions.

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Impact




July, 2024

Nycrtc's impact is evident in its dedication to promoting the sport of wrestling and instilling character, confidence, work ethic, and mental toughness in its student athletes. The organization's focus on training and supporting wrestlers who aspire to reach national and international success is reflected in its Senior Resident Athlete Program. By providing world-class training environments and engaging Olympic level coaches and training partners, Nycrtc works towards its goal of producing national, world, and Olympic champions. This commitment to excellence not only benefits the individual athletes but also contributes to the growth of wrestling at all levels by serving as a leader in the sport.




This information is meant to be a general summary of Nycrtc. 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
$798,278 (2022)
Expenses
$816,639 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $5,560
  • Gross Receipts: $798,278

Assets and Liabilities:

  • Total Assets: $56,212
  • Total Liabilities: $0
  • Net Assets: $56,212

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Programs

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

TOURNAMENT INCOME

Revenue

$4,890

YOUTH PROGRAM SERVICES

Revenue

$670

Organization Details

Founding Year

2019

Principal Officer

David Esposito

Main Address

2 14TH STREET PH21, HOBOKEN, NJ, 07030

NTEE Category

Code: N99 - Recreation

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