WRESTLING FOUNDATION 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

2021

Legal Domicile

Principal Officer

GEORGI IVANOV

Tax Period

2023-01-01 to 2023-12-31

WRESTLING FOUNDATION INC, founded in 2021, is a micro nonprofit in the Recreation & Sports sector that reported $15K in total revenue in fiscal year 2023. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $20K exceeded revenue, resulting in a 33% operating deficit.

Mission

WRESTLING FOUNDATION INC. IS COMMITTED TO ADVANCING ITS MISSION TO HELP WRESTLERS ACHIEVE THEIR ULTIMATE GOALS AND AMPLIFYING THE SPORT OF WRESTLING.

Program Service Accomplishments

Program 1

Expenses: $1,500

SCHOLARSHIPS GRANTED TO WRESTLERS

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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 $25,976

Program Service Revenue $0

Investment Income $-11,195

Other Revenue $0

TOTAL REVENUE $14,781

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,365

Other Expenses $19,675

TOTAL EXPENSES $19,675

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,781	$136,981	-0.9%
Expenses	$19,675	$13,887	+0.4%
Net Income	$-4,894	$123,094	-1.0%

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

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
GEORGI IVANOV	PAST PRESIDE	10.00	Officer	$0	$0	$0
IVAN DELCHEV IVANOV	VICE PRESIDE	10.00	Officer	$0	$0	$0
WHITNEY IVANOVA	TREASURER	10.00	Officer	$0	$0	$0
JEREMY NIELSEN	CURRENT PRES	N/A	Officer	$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
2023	$14,781	$19,675	$118,200	$-4,894
2022	$136,981	$13,887	$123,094	$123,094