Totals
- Total revenue
- $2,806,160
- Total expenses
- $2,053,008
- Contributions and grants received
- $1,664,534
- Grants paid
- $0
- Program service revenue
- $31,504
- Investment income
- $1,063,646
- Other revenue
- $46,476
- Total assets, end of year
- $11,429,292
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $11,429,292
- Program services expenses (Part IX)
- $1,716,026
- Management and general expenses
- $203,112
- Fundraising expenses
- $133,870
- Program service expenses (Part III)
- $1,716,026
Program services were 83.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$21,955
-
1c · Fundraising events
$180,000
-
1f · All other contributions, gifts and grants
$1,462,579
-
2a · Program service revenue: SUBSCRIPTION INCOME
total $31,504 · related or exempt $31,504
-
3 · Investment income
total $380,006 · excluded $380,006
-
7a · Gross sales of assets other than inventory
securities $7,600,394
-
7b · Less cost or other basis and sales expenses
securities $6,916,754
-
7c · Gain or loss
securities $683,640
-
7d · Net gain or loss
total $683,640 · excluded $683,640
-
8a · Fundraising events: gross income
$122,935
-
8a · Fundraising events: contributions included on line 1c
$180,000
-
8b · Fundraising events: direct expenses
$86,031
-
8c · Net income from fundraising events
total $36,904 · excluded $36,904
-
9a · Gaming: gross income
$63,300
-
9b · Gaming: direct expenses
$53,728
-
9c · Net income from gaming
total $9,572 · excluded $9,572
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $349,884 · program services $171,292 · management and general $123,238 · fundraising $55,354
-
7 · Other salaries and wages
total $952,433 · program services $836,946 · management and general $59,237 · fundraising $56,250
-
9 · Other employee benefits
total $211,399 · program services $200,724 · management and general $1,212 · fundraising $9,463
-
10 · Payroll taxes
total $96,815 · program services $77,324 · management and general $11,748 · fundraising $7,743
-
11b · Fees: legal
total $1,025 · program services $819 · management and general $124 · fundraising $82
-
11c · Fees: accounting
total $10,636 · program services $8,494 · management and general $1,291 · fundraising $851
-
12 · Advertising and promotion
total $31,877 · program services $25,459 · management and general $3,868 · fundraising $2,550
-
13 · Office expenses
total $5,405 · program services $4,317 · management and general $656 · fundraising $432
-
17 · Travel
total $84,757 · program services $84,757
-
23 · Insurance
total $32,000 · program services $32,000
-
24a · Other expenses: REGINAL TRAINING CENTER
total $262,455 · program services $262,455
-
24b · Other expenses: WEBSITE
total $13,145 · program services $10,499 · management and general $1,595 · fundraising $1,051
-
24c · Other expenses: DUES
total $1,177 · program services $940 · management and general $143 · fundraising $94
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $334,213 · end of year $421,150
-
10a · Land, buildings and equipment: cost or other basis
$35,893
-
10b · Land, buildings and equipment: accumulated depreciation
$35,893
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $9,681,971 · end of year $10,367,439
-
13 · Investments: program-related
beginning of year $1,049,035 · end of year $640,703
-
27 · Net assets without donor restrictions
beginning of year $11,065,219 · end of year $11,429,292
Mission and programs · 2024
Mission
THE PURPOSE OF THE NITTANY LION WRESTLING CLUB IS EDUCATIONAL, AS THAT TERM IS DEFINED IN SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE. THE NITTANY LION WRESTLING CLUB (HEREAFTER REFERRED TO AS THE NLWC) SHALL PROMOTE (A) THE EDUCATION AND TRANING OF PERSONS IN SCHOLASTIC, COLLEGIATE, AND INTERNATIONAL WRESTLING RULES AND TECHNIQUES AS WELL AS IN PHYSICAL AND MENTAL FITNESS; (B) THE EDUCATION OF PERSONS WHO ASPIRE TO COACH WRESTLING; AND (C) THE EDUCATION OF THE GENERAL PUBLIC IN THE SPORT OF WRESTLING.
-
SKILLED WRESTLING INSTRUCTIONS PROVIDED AT THE CAMPS, CLINICS, TOURNAMENTS, AND SUPPORT FOR AN OLYMPIC REGIONAL TRANING CENTER AND RESIDENT ATHLETE PROGRAM CONDUCTED BY THE CLUB.
Expenses $1,716,026
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Terry ChandlerTERRY CHANDLER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
James EnglishJAMES ENGLISH
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Dave BeckerDAVE BECKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Bill BuckleyBILL BUCKLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Sam CondoSAM CONDO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Edward DareEDWARD DARE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Darrel ZaccagniDARREL ZACCAGNI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
David HartDAVID HART
EXECUTIVE DIRECTOR
- Total calculated
- $135,768
- From this org
- $95,792
- From related orgs
- $0
- Other
- $39,976
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $95,792
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $39,976 related
- Filer's total
- $95,792 + $39,976 related
-
Jake VarnerJAKE VARNER
KEY EMPLOYEE
- Total calculated
- $214,116
- From this org
- $181,771
- From related orgs
- $0
- Other
- $32,345
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $181,771
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $32,345 related
- Filer's total
- $181,771 + $32,345 related
-
Clay SteadmanCLAY STEADMAN
EMPLOYEE
- Total calculated
- $112,500
- From this org
- $112,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $112,500
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $112,500
-
Kyle DakeKYLE DAKE
EMPLOYEE
- Total calculated
- $142,140
- From this org
- $110,354
- From related orgs
- $0
- Other
- $31,786
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $110,354
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $31,786 related
- Filer's total
- $110,354 + $31,786 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533169349306693
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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