NEW YORK WRESTLING ASSOCIATION FOR YOUTH INC

EIN: 453637808 501(c)(3) Youth Development

ITHACA, NY

Total Revenue
$554,814
Total Expenses
$390,819
Total Assets
$414,442
Net Assets
$322,736
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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
2011
Legal Domicile
NY
Principal Officer
ERIC TOFTEGAARD
Phone
6072294262
Tax Period
2023-09-01 to 2024-08-31

NEW YORK WRESTLING ASSOCIATION FOR YOUTH INC, founded in 2011, is a small nonprofit in the Youth Development sector that reported $555K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $164K, a strong 30% operating margin.

Mission

NYWAYS MISSION IS TO CONTINUE TO BE A HOMEGROWN, GRASSROOTS ORGANIZATION THAT IS STRIVING TOWARDS THE GROWTH OF WRESTLING FOR ATHLETES AND THEIR FAMILIES IN THE STATE OF NEW YORK. OUR GOAL IS TO INCREASE PARTICIPATION IN THE SPORT OF WRESTLING TO ENSURE MORE STUDENT-ATHLETES GRADUATE WRESTLERS.

Program Service Accomplishments

Program 1
Expenses: $262,734

TO PROMOTE THE SPORT OF WRESTLING TO PARTICIPANTS OF ALL AGES BY SPONSORING NATIONAL AND INTERNATIONAL AMATEUR WRESTLING COMPETITIONS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,443
Program Service Revenue $547,388
Investment Income $4,983
Other Revenue $0
TOTAL REVENUE $554,814

Expense Breakdown

Grants Paid $0
Salaries & Benefits $43,780
Fundraising Expenses $0
Program Expenses $262,734
Other Expenses $347,039
TOTAL EXPENSES $390,819

Year-over-Year Comparison

2023 2022 Change
Revenue $554,814 $422,140 +0.3%
Expenses $390,819 $252,335 +0.5%
Net Income $163,995 $169,805 0.0%
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

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Governance

Voting Members
12
Independent Members
12
Employees
1
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
0
$0
Total Directors
12
$0
Key Employees
1
$36,567
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTEN TESSIER ADMIN ASSISTANT N/A
Key Emp
$36,567 $0 $36,567
JEREMY EGGLESTON DIRECTOR N/A
Director
$0 $0 $0
SETH JONES ASSISTANT DIRECTOR N/A
Director
$0 $0 $0
PETER MERLI DIRECTOR N/A
Director
$0 $0 $0
GARY MCDOWELL DIRECTOR N/A
Director
$0 $0 $0
BILL MACNEIL DIRECTOR N/A
Director
$0 $0 $0
CORY WHITE DIRECTOR N/A
Director
$0 $0 $0
AERIELL CLEM ASSISTANT DIRECTOR N/A
Director
$0 $0 $0
ERIC TOFTEGAARD TREASURER N/A
Director
$0 $0 $0
ADAM BURGOS PRESIDENT N/A
Director
$0 $0 $0
MEL CURTIE DIRECTOR N/A
Director
$0 $0 $0
HARRY COFFIN DIRECTOR N/A
Director
$0 $0 $0
NICK HARGARTHERN DIRECTOR N/A
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 No data No data No data No data
2024 $554,814 $390,819 $414,442 $163,995
2023 $422,140 $252,335 $311,021 $169,805
2019 $238,067 $238,608 $193,805 $-541
2018 $240,015 $198,129 $207,985 $41,886
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