C2X WRESTLING ACADEMY INC

EIN: 851143612 501(c)(3)

WAXHAW, NC

Total Revenue
$332,999
Total Expenses
$279,927
Total Assets
$90,598
Net Assets
$90,598
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
NC
Principal Officer
VASILIOS LAHANAS
Phone
7044000915
Tax Period
2024-01-01 to 2024-12-31

C2X WRESTLING ACADEMY INC, founded in 2020, is a small nonprofit that reported $333K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $53K, a strong 16% operating margin.

Mission

PROVIDING THE OPPORTUNITY FOR INDIVIDUALS TO LEARN AND DEVELOP WRESTLING SKILLS THROUGH TEACHING, COACHING AND COMPETITION.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $52,571
Program Service Revenue $280,378
Investment Income $0
Other Revenue $50
TOTAL REVENUE $332,999

Expense Breakdown

Grants Paid $2,703
Salaries & Benefits $64,638
Fundraising Expenses $0
Program Expenses $278,814
Other Expenses $212,586
TOTAL EXPENSES $279,927

Year-over-Year Comparison

2024 2023 Change
Revenue $332,999 $250,117 +0.3%
Expenses $279,927 $233,433 +0.2%
Net Income $53,072 $16,684 +2.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
3
Independent Members
3
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
3
$64,638
Total Directors
3
$64,638
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIM HENNESSEY PRESIDENT, TREASURER, DIRECTOR 5.00
Officer Director
$0 $0 $0
TOM TANIS VP, SECRETARY, DIRECTOR, HEAD COACH 40.00
Officer Director Highest
$64,638 $0 $64,638
VAS LAHANAS VP, DIRECTOR 5.00
Officer 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 $332,999 $279,927 $90,598 $53,072
2023 $250,117 $233,433 $37,526 $16,684
2022 $218,448 $210,864 $20,841 $7,584
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare C2X WRESTLING ACADEMY INC with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.