TAR HEEL WRESTLING CLUB NC INC

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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

2016

Legal Domicile

Phone

4056511233

Tax Period

2020-01-01 to 2020-12-31

TAR HEEL WRESTLING CLUB NC INC, founded in 2016, is a small nonprofit that reported $231K in total revenue in fiscal year 2020. Expenses of $220K left a modest 5% surplus.

Mission

THE ORGANIZATION HAS TWO PRIMARY PURPOSES: FIRST, TO PREPARE AMETEUR WRESTLERS TO COMPETE IN NATIONAL AND INTERNATIONAL WRESTLING COMPETITIONS AND SECOND, TO FOSTER YOUTH WRESTLING IN NORTH CAROLINA.

Program Service Accomplishments

Program 1

Expenses: $218,297

FOSTER AMATEUR AND YOUTH WRESTLING BY HIRING ADDITIONAL COACHES, BUYING ADDTIONAL EQUIPMENT, AND ASSISTING ITS AMATEUR WRESTLERS WITH COMPETITION-RELATED TRAVELING EXPENSES.

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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 (2020)

Revenue Breakdown

Contributions & Grants $180,847

Program Service Revenue $50,594

Investment Income $0

Other Revenue $0

TOTAL REVENUE $231,441

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $218,297

Other Expenses $220,343

TOTAL EXPENSES $220,343

Year-over-Year Comparison

	2020	2019	Change
Revenue	$231,441	$223,485	+0.0%
Expenses	$220,343	$207,600	+0.1%
Net Income	$11,098	$15,885	-0.3%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
JOESPH GALLI	President	Officer Director	$0	$0	$0
CHERYL WICK	Treasurer	Officer Director	$0	$0	$0
JESSICA SCOTT	Secretary	Officer Director	$0	$0	$0
JERRY HENSLEY	Director	Director	$0	$0	$0
BILL MACDONALD	Director	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
2020	$231,441	$220,343	$43,361	$11,098
2019	$223,485	$207,600	$32,263	$15,885
2018	$255,305	$268,308	$16,378	$-13,003