2025-11-12T14:28:59-06:00 2024-12-31 202000257 Fiore Fedeli Snyder Carothers LLP 2013 Sandy Dr Ste 200 State College PA 16803 990 2024-01-01 251408517 NITTANY LION WRESTLING CLUB NITT 8145747799 PO BOX 316 STATE COLLEGE PA 16804 DAVid HART TREASURER 8145747799 2025-11-12 1 0 JOSEPH P FEDELI CPA P00538622 8142378999 2025-11-12 2024 2025-03-06 01:10:19Z DAVID HART PO BOX 316 STATE COLLEGE PA 16804 9862673 0 X NITTANYLIONWRESTLINGCLUB.COM X 1981 PA 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. 7 7 23 100 0 0 708078 1664534 76648 31504 481890 1063646 305318 46476 1571934 2806160 0 0 0 0 1258270 1610531 0 0 133870 831261 442477 2089531 2053008 -517597 753152 11065219 11429292 0 0 11065219 11429292 X 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. 0 0 1716026 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. 1716026 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 1 1 23 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X X DAVID HART 8145747799 193 DEEPWOOD DRIVE NO 634 PINE GROVE MILLS PA 16868 TERRY CHANDLER PRESIDENT 5.00 X X 0 0 0 JAMES ENGLISH VICE PRESIDENT 5.00 X X 0 0 0 DAVE BECKER DIRECTOR 3.00 X 0 0 0 BILL BUCKLEY DIRECTOR 3.00 X 0 0 0 SAM CONDO DIRECTOR 3.00 X 0 0 0 EDWARD DARE DIRECTOR 3.00 X 0 0 0 DARREL ZACCAGNI DIRECTOR 3.00 X 0 0 0 DAVID HART EXECUTIVE DIRECTOR 40.00 X 95792 0 39976 JAKE VARNER KEY EMPLOYEE 40.00 X 181771 0 32345 CLAY STEADMAN EMPLOYEE 40.00 X 112500 0 0 KYLE DAKE EMPLOYEE 40.00 X 110354 0 31786 500417 0 104107 3 0 1 0 KS45 141 FLEETWOOD DR BELLEFONTE PA 16823 TRAINING SERVICES 114609 1 21955 180000 1462579 1664534 SUBSCRIPTION INCOME 900099 31504 31504 31504 380006 380006 7600394 6916754 683640 683640 683640 122935 180000 86031 36904 36904 63300 53728 9572 9572 2806160 31504 0 1110122 349884 171292 123238 55354 952433 836946 59237 56250 211399 200724 1212 9463 96815 77324 11748 7743 1025 819 124 82 10636 8494 1291 851 31877 25459 3868 2550 5405 4317 656 432 84757 84757 32000 32000 REGINAL TRAINING CENTER 262455 262455 WEBSITE 13145 10499 1595 1051 DUES 1177 940 143 94 2053008 1716026 203112 133870 334213 421150 35893 35893 0 0 9681971 10367439 1049035 640703 11065219 11429292 0 0 X 11065219 11429292 11065219 11429292 11065219 11429292 753152 -350895 -38184 0 X X 0 1 X 1 0 X 126387 314663 288481 257078 330534 1317143 229803 1026873 254288 381965 397739 2290668 356190 1341536 542769 639043 728273 3607811 87000 121000 15000 223000 0 87000 121000 15000 223000 3384811 230667 330673 189134 481840 1063597 2295911 230667 330673 189134 481840 1063597 2295911 586857 1672209 731903 1120883 1791870 5903722 0.57330 0.76350 0.38890 0.23650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35893 35893 0 0 CASH AND EQUIVALENTS 365597 F FIXED INCOME 1074758 F FIXED INCOME MUTUAL FUNDS 1374135 F EQUITY MUTUAL FUNDS 4805457 F EQUITIES 830725 F EXCHANGE TRADED PRODUCTS 1909482 F OTHER 7285 F 10367439 RAE TOKENS 640703 F 640703 X 2595024 -350895 139759 -211136 2806160 0 2806160 2230951 139759 139759 2091192 -38184 -38184 2053008 Part X, Line 2: THE ORGANIZATION HAS EXAMINED ITS TAX POSITION AND BELIEVES THEY WILL BE SUSTAINED UPON EXAMINATION. Part XI, Line 2d - Other Adjustments: FUNDRAISING/ GAIMING EXPENSE Part XII, Line 2d - Other Adjustments: FUNDRAISING/GAMING EXPENSES X X X X X 0 GOLF TOURNAMENT 168068 140000 28068 11544 10090 6044 SPECIAL EVENTS 104370 40000 64370 6400 44732 2 30497 30497 7221 302935 180000 122935 17944 10090 57997 86031 36904 63300 50460 3268 0 63300 50460 3268 53728 9572 PA 1 0 0 0 0 0 1 X 0 0 0 0 0 0 0 0 0 JAKE VARNER KEY EMPLOYEE 181771 0 0 0 0 0 0 0 0 32345 181771 32345 0 0 KYLE DAKE EMPLOYEE 110354 0 0 0 0 0 0 0 0 31786 110354 31786 0 0 DAVID HART EXECUTIVE DIRECTOR 95792 0 0 0 0 0 0 0 0 39976 95792 39976 0 0 CLAY STEADMAN EMPLOYEE 112500 0 0 0 0 0 0 0 0 0 112500 0 0 0 Form 990, Part VI, Section B, line 11b A COPY OF THE 990 FORM IS PRESENTED BY THE TREASURER ALONG WITH A COPY OF THE AUDITED FINANCIAL STATEMENTS TO THE BOARD OF DIRECTORS BEFORE IT IS FILED. Form 990, Part VI, Section B, line 12c NLWC REVIEWS DISTRUBUTES AND REVIEWS ITS POLICY ANNUALLY. Form 990, Part VI, Section B, line 15a COMPENSATION IS REVIEWED BY THE BOARD OF DIRECTORS AND BASED ON THE ORGANIZATION'S TOTAL BUDGET, COMPARABILITY FIGURES ARE REVIEWED. Form 990, Part VI, Section C, line 18 FORMS 990 ARE AVAILABLE, UPON REQUEST, AND BY OTHERWISE CONTACTING THE ORGANIZATION. Form 990, Part VI, Section C, line 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST PART XII LINE 2C THE BOARD OF DIRECTORS OVERSEES THE PROCESS.