TERRAPIN WRESTLING CLUB INC (EIN 208397764) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

ALEX CLEMSEN

Phone

5733562052

Tax Period

2023-01-01 to 2023-12-31

TERRAPIN WRESTLING CLUB INC, founded in 2008, is a small nonprofit in the Recreation & Sports sector that reported $217K in total revenue in fiscal year 2023. Revenue surged 148% from the prior year, signaling strong growth momentum. Expenses of $188K left a modest 14% surplus.

Mission

OUR MISSION IS TO PROMOTE WRESTLING AND TO HELP WRESTLERS BECOME MORE COMPETITIVE ON A LOCAL, STATE, NATIONAL, AND INTERNATIONAL LEVEL. WE OFFER A HIGH LEVEL OF INSTRUCTION TO A VARIETY OF AGES AND SKILL LEVELS. PROVIDING BEGINNING WRESTLERS INSTRUCTION ON FUNDAMENTALS OF WRESTLING INCLUDING RULES AND BASIC TECHNIQUES, PROVIDING MORE ADVANCED WRESTLERS APPROPRIATE TRAINING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $217,114

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $217,114

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $186,666

Other Expenses $187,643

TOTAL EXPENSES $187,643

Year-over-Year Comparison

	2023	2022	Change
Revenue	$217,114	$87,615	+1.5%
Expenses	$187,643	N/A	N/A
Net Income	$29,471	$87,615	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEX CLEMSEN	PRESIDENT	10.00	Officer Director	$0	$0	$0
KEVIN KEARNS	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
BRYNNE MELLON	SECRETARY	5.00	Director	$0	$0	$0
NICK BRASCETTA	TREASURER	5.00	Director	$0	$0	$0
DEVIN MELLON	DIRECTOR	10.00	Director	$0	$0	$0
DARRYL COLBERT	DIRECTOR	5.00	Director	$0	$0	$0
JON MORRISON	DIRECTOR	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$217,114	$187,643	$80,767	$29,471

TERRAPIN WRESTLING CLUB INC