GLASGOW WRESTLING CLUB

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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

2012

Legal Domicile

Principal Officer

BRADY FLATEN

Phone

4069390209

Tax Period

2024-07-01 to 2025-06-30

GLASGOW WRESTLING CLUB, founded in 2012, is a small nonprofit in the Recreation & Sports sector that reported $106K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $16K, a strong 15% operating margin.

Mission

GLASGOW WRESTLING CLUB (GWC) IS WORKING TO ADVANCE THE SPORT OF WRESTLING. GWC SEEKS TO INCREASE THE RECRUITMENT AND RETENTION OF YOUTH WRESTLERS BY IMPROVING THE EFFICIENCY, EFFECTIVENESS AND ENJOYMENT OF ALL ASPECTS OF YOUTH WRESTLING.

Program Service Accomplishments

Program 1

Expenses: $70,339 Revenue: $60,843

TO PROVIDE ASSISTANCE WITH COSTS OF YOUTH WRESTLING ACTIVITIES INCLUDING CLOTHING, SUPPLIES, AND TOURNAMENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,972

Program Service Revenue $48,524

Investment Income $9

Other Revenue $49,015

TOTAL REVENUE $105,520

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $70,339

Other Expenses $89,223

TOTAL EXPENSES $89,223

Year-over-Year Comparison

	2024	2023	Change
Revenue	$105,520	$82,998	+0.3%
Expenses	$89,223	$84,759	+0.1%
Net Income	$16,297	$-1,761	-10.3%

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
BRADY FLATEN	PRESIDENT	5.00	Officer Director	$0	$0	$0
CASEY KING	DIRECTOR	5.00	Director	$0	$0	$0
JORY CASTERLINE	DIRECTOR	5.00	Director	$0	$0	$0
ERIN AUNE	DIRECTOR	5.00	Director	$0	$0	$0
NICHOLE GAMAS	TREASURER	5.00	Officer Director	$0	$0	$0
ELISSA ERICKSON	DIRECTOR	5.00	Officer Director	$0	$0	$0
JOSH SILLERUD	DIRECTOR	5.00	Director	$0	$0	$0
NICOLE COLE	SECRETARY	5.00	Director	$0	$0	$0
GUS KAUFMAN	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
2025	$105,520	$89,223	$586,680	$16,297
2024	$82,998	$84,759	$578,457	$-1,761
2023	$77,942	$73,526	$587,900	$4,416
2022	$104,002	$78,718	$590,818	$25,284
2021	$126,201	$61,079	$572,503	$65,122
2020	$95,522	$43,830	$511,188	$51,692