Peninsula Wrestling Association Inc
- Assets
- $124.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport News, VA
- Founding
- 08/1981
- Data as of
- 08/2023
- EIN
- 57-1156354
Organization Overview
Peninsula Wrestling Association Inc is located in Newport News, VA. The organization was established in 1981. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peninsula Wrestling Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Peninsula Wrestling Association Inc generated $97.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $95.8k during the year ending 08/2023. While expenses have increased by 1.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO SPONSOR WRESTLING TOURNAMENTS TO PROMOTE AMATUER PROGRAMSTO SPONSOR OTHER PROGRAMS RELATED TO WRESTLING ACTIVITES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Mccormick President/va Duals Direct | 1 | $0 | |
Janet Williams Secretary | 1 | $0 | |
Gloria Todd Team Leader | 1 | $0 | |
David Weniger Board Member | 1 | $0 | |
Paul Starner Board Member | 1 | $0 | |
John Swartz Vp/va Duals College Directors | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $94,283 |
| Membership dues | $2,940 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,223 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $60,725 |
| Occupancy, rent, utilities, and maintenance | $7,654 |
| Printing, publications, postage, and shipping | $2,750 |
| Other expenses | $24,677 |
| Total expenses | $95,806 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,139 |
| Other assets | $0 |
| Total assets | $124,139 |
| Total liabilities | $0 |
| Net assets or fund balances | $124,139 |