2019 in review

[GG121AND2]

BWI friends,

As a small 501(c)(3) non-profit, Wrestling for Life is only required to file a 990N with the IRS. That gives you no details about how we used your money.

In 2019 we raised 17,890.37. That is 3,398.32 less than 2018. I blame that primarily on changes in the tax laws and me not working hard enough.

The shoe program suffered the most. We only spent $6,868 on wrestling shoes in 2019, as compared to $11,000 in 2018. The balance of our expenditures were:

Camp & clinic scholarships $4,330
Wrestling event tickets $2,873
Shipping (shoes & gear) $882.24
Marketing $610.34
Travel $450
Entertainment $299
Postage $165
Miscellaneous $160.62

While 2020 is off to a decent start, I vow to work as hard as I can to get more kids involved with 'the world's oldest and greatest sport.

 

[nerfstate]

BWI friends,

As a small 501(c)(3) non-profit, Wrestling for Life is only required to file a 990N with the IRS. That gives you no details about how we used your money.

In 2019 we raised 17,890.37. That is 3,398.32 less than 2018. I blame that primarily on changes in the tax laws and me not working hard enough.

The shoe program suffered the most. We only spent $6,868 on wrestling shoes in 2019, as compared to $11,000 in 2018. The balance of our expenditures were:

Camp & clinic scholarships $4,330
Wrestling event tickets $2,873
Shipping (shoes & gear) $882.24
Marketing $610.34
Travel $450
Entertainment $299
Postage $165
Miscellaneous $160.62

While 2020 is off to a decent start, I vow to work as hard as I can to get more kids involved with 'the world's oldest and greatest sport.

From what I hear, Philanthropy is nearly universally down in 2019. Many nonprofits I work with have seen the dip. Some posit that political giving has been the cause. Whatever the reason, it’s a pity. Thanks for all your efforts.

 

[slushhead]

BWI friends,

As a small 501(c)(3) non-profit, Wrestling for Life is only required to file a 990N with the IRS. That gives you no details about how we used your money.

In 2019 we raised 17,890.37. That is 3,398.32 less than 2018. I blame that primarily on changes in the tax laws and me not working hard enough.

The shoe program suffered the most. We only spent $6,868 on wrestling shoes in 2019, as compared to $11,000 in 2018. The balance of our expenditures were:

Camp & clinic scholarships $4,330
Wrestling event tickets $2,873
Shipping (shoes & gear) $882.24
Marketing $610.34
Travel $450
Entertainment $299
Postage $165
Miscellaneous $160.62

While 2020 is off to a decent start, I vow to work as hard as I can to get more kids involved with 'the world's oldest and greatest sport.

Thanks for the update and pledge to keep at it. Some of us have been doing our part to bring in donations, albeit at the expense of some HR personalities. I imagine March may end up being a good month for WFL!

 

[nittinsc]

For those that don't know

http://wrestlingforlife.org/index.php

 

[tikk10]

From what I hear, Philanthropy is nearly universally down in 2019. Many nonprofits I work with have seen the dip. Some posit that political giving has been the cause. Whatever the reason, it’s a pity. Thanks for all your efforts.

Because taxpayers only see a benefit to itemizing charitable contributions once they've exceeded the standard deduction, when the standard deduction was doubled in 2017, charitable contributions were certain to decrease, and they have.

 

[NoVa Lion]

Because taxpayers only see a benefit to itemizing charitable contributions once they've exceeded the standard deduction, when the standard deduction was doubled in 2017, charitable contributions were certain to decrease, and they have.

Bingo. 2018 was the first year since I graduated college that I did not itemize deductions. However, my giving to WFL will continue.

 

[nerfstate]

Yeah—that’s it too and moreso than my theory. Haven’t itemized since the 3rd year of home ownership....

 

[dbldoofus]

However, my giving to WFL will continue.

^This^

 

[GG121AND2]

Thank you all for your support.