Civic Intelligence

Indiana State Wrestling Association

EIN 31-0956901 • 501(c)3 • Beech Grove, IN

Profile

Organization and support of amateur wrestling in the state of indiana

P O Box 157Beech Grove, IN 46107

www.iswa.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

44th percentile

0.04x

Higher debt load relative to assets than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

33rd percentile

0.02x

Higher debt load relative to revenue than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

47th percentile

3.3%

Higher net margin than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

36th percentile

-0.9%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

59th percentile

13%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$598,343

Down $5,267 (-0.9%) from 2024

Liabilities

Down

$21,851

Down $49,664 (-69%) from 2024

Net Assets

Up

$576,492

Up $44,397 (+8.3%) from 2024

Revenue

Up

$1,403,277

Up $157,877 (+13%) from 2024

Expenses

Up

$1,357,304

Up $220,599 (+19%) from 2024

Net Income

Down

$45,973

Down $62,722 (-58%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2020: $281,793Liabilities 2020: $682Net Assets 2020: $281,1112020Assets 2021: $131,827Liabilities 2021: $679Net Assets 2021: $131,1482021Assets 2022: $264,541Liabilities 2022: $687Net Assets 2022: $263,8542022Assets 2023: $423,948Liabilities 2023: $703Net Assets 2023: $423,2452023Assets 2024: $603,610Liabilities 2024: $71,515Net Assets 2024: $532,0952024Assets 2025: $598,343Liabilities 2025: $21,851Net Assets 2025: $576,4922025

Highlighted filing

2025

Assets$598,343
Liabilities$21,851
Net Assets$576,492

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2020: $187,968Expenses 2020: $221,165Net Income 2020: -$33,1972020Revenue 2021: $671,476Expenses 2021: $817,700Net Income 2021: -$146,2242021Revenue 2022: $899,289Expenses 2022: $761,781Net Income 2022: $137,5082022Revenue 2023: $908,638Expenses 2023: $745,988Net Income 2023: $162,6502023Revenue 2024: $1,245,400Expenses 2024: $1,136,705Net Income 2024: $108,6952024Revenue 2025: $1,403,277Expenses 2025: $1,357,304Net Income 2025: $45,9732025

Highlighted filing

2025

Revenue$1,403,277
Expenses$1,357,304
Net Income$45,973

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2024 to Aug 31, 2025
Signed
Feb 25, 2026
Return Version
2024v5.0
Gross Receipts
$1,403,277
Mission and Program Overview

Mission

Organization and support of amateur wrestling in the state of indiana

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$351,184$440,642▲ $89,458
Savings and Temporary Cash Investments$200,000$100,000▼ $100,000
Pledges and Grants Receivable-$20,000-
Land, Buildings, and Equipment, Net$21,567$17,923▼ $3,644
Prepaid Expenses and Deferred Charges-$4,703-
Total Assets$603,610$598,343▼ $5,267
Other Assets Total$30,859$15,075▼ $15,784
Liabilities
Other Liabilities$31,931$15,075▼ $16,856
Accounts Payable and Accrued Expenses$39,584$6,776▼ $32,808
Total Liabilities$71,515$21,851▼ $49,664
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$531,095$575,492▲ $44,397
Net Assets With Donor Restrictions$1,000$1,000→ $0
Total Net Assets Fund Balance$532,095$576,492▲ $44,397
Total Liabilities and Net Assets / Fund Balance$603,610$598,343▼ $5,267

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$17,923$107,076$124,999
Compensation and Service Providers

Board Members and Trustees

NameTitle
Pat CulpState Chair
Jim TonteVice Chair -
Jennifer PiersonVice Chair-
Tina FoutsSecretary
Steve MathisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,737
Program Service Revenue
$1,366,389
Investment Income
$23,062
Other Revenue
$9,089
All Other Contributions
$4,737
Change in Net Assets
$45,973
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,289,541
Salaries, Compensation, and Employee Benefits$60,037
Grants and Similar Amounts Paid$7,726
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$458,034--$458,034
Advertising$299,681--$299,681
Other Salaries and Wages-$48,116-$48,116
Other Expenses$45,681--$45,681
Conferences and Meetings$6,668$18,929-$25,597
All Other Expenses$22,590$1,126-$23,716
Occupancy-$20,959-$20,959
Office Expenses$1,296$15,514-$16,810
Other Employee Benefits-$8,240-$8,240
Depreciation Depletion-$8,044-$8,044
Grants to Domestic Individuals$7,726--$7,726
Fees for Services Accounting-$7,401-$7,401
Fees for Services Other-$5,911-$5,911
Insurance-$5,162-$5,162
Information Technology-$4,495-$4,495
Payroll Taxes-$3,681-$3,681
Total Functional Expenses$1,209,726$147,578$0$1,357,304
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rou Lease - Current$15,075
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

There are 163 clubs and 30 board members that receive one vote annually.

Form 990, Page 6, Part VI, Line 11B

The audit committee - comprised of one elected officer, one appointed board member, and one member at-large - will review the return prior to filing.

Form 990, Page 6, Part VI, Line 12C

It is the responsibility of the board, officers, and management employees to scrutinize their transactions and outside business interests and relationships for potential conflicts and to immediately make such disclosures.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Indiana State Wrestling Association
EIN
31-0956901
Phone
3177801885
Address
5715 CHURCHMAN AVE STE L, INDIANAPOLIS, IN 46203

Signing Officer

Name
Pat Culp
Title
State Chair
Phone
3177801885
Signed
2026-02-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pat Culp
Formed
1978
Legal Domicile
In
Voting Board Members
31
Independent Board Members
31
Employees
3

Preparer

Firm
Kelley Hardesty Smith and Co
Address
5240 ELMWOOD AVE STE 100, INDIANAPOLIS, IN 46203
Preparer
Kara V Lauth CPA
Phone
3177881571
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Organization and support of amateur wrestling in the state of indiana, including support of national tournaments and cultural exhange programs. Provide training to wrestlers and officials. Other revenue includes club insurance income, equipment sales, sanction revenue, website and publication advertising revenue.

Form 990, Part XI, Line 9

Book / tax depreciation difference -1,576

Form 990, Part XII

Method of accounting to prepare the 990 changed from cash to accrual. Compiled financial statements are prepared on a gaap basis, thus it is better to use the accrual method to prepare the 990.

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IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt02861
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt03535
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt07647
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99850
IRS990ScheduleA/PublicSupportPY509Pct00.99800
IRS990ScheduleA/PublicSupportTotal509Amt05111493
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01398126
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01241384
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0905753
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0894754
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0671476
IRS990ScheduleA/Total509Grp/TotalAmt05111493
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01398126
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01242635
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0908614
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0898289
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0671476
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05119140
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt017923
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0107076
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0124999
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015075
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ROU LEASE - CURRENT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017923
IRS990ScheduleD/TotalLiabilityAmt015075
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt07726
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt07
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIP MONIES ARE SUBMITTED, IN THE NAME OF THE RECIPIENT, DIRECTLY TO THE COLLEGE OR UNIVERSITY WHERE THE RECIPIENT IS ENROLLED, UNLESS OTHER ARRANGEMENTS ARE MADE. SHOULD THE RECIPIENT NOT CONTINUE ON TO A HIGHER EDUCATION THE FUNDS WILL REVERT BACK INTO THE GENERAL SCHOLARSHIP ACCOUNT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION AND SUPPORT OF AMATEUR WRESTLING IN THE STATE OF INDIANA, INCLUDING SUPPORT OF NATIONAL TOURNAMENTS AND CULTURAL EXHANGE PROGRAMS. PROVIDE TRAINING TO WRESTLERS AND OFFICIALS. OTHER REVENUE INCLUDES CLUB INSURANCE INCOME, EQUIPMENT SALES, SANCTION REVENUE, WEBSITE AND PUBLICATION ADVERTISING REVENUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE 163 CLUBS AND 30 BOARD MEMBERS THAT RECEIVE ONE VOTE ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE AUDIT COMMITTEE - COMPRISED OF ONE ELECTED OFFICER, ONE APPOINTED BOARD MEMBER, AND ONE MEMBER AT-LARGE - WILL REVIEW THE RETURN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IT IS THE RESPONSIBILITY OF THE BOARD, OFFICERS, AND MANAGEMENT EMPLOYEES TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIPS FOR POTENTIAL CONFLICTS AND TO IMMEDIATELY MAKE SUCH DISCLOSURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOOK / TAX DEPRECIATION DIFFERENCE -1,576
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6METHOD OF ACCOUNTING TO PREPARE THE 990 CHANGED FROM CASH TO ACCRUAL. COMPILED FINANCIAL STATEMENTS ARE PREPARED ON A GAAP BASIS, THUS IT IS BETTER TO USE THE ACCRUAL METHOD TO PREPARE THE 990.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0603610
IRS990/TotalAssetsEOYAmt0598343
IRS990/TotalAssetsGrp/BOYAmt0603610
IRS990/TotalAssetsGrp/EOYAmt0598343
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04737
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0147578
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01209726
IRS990/TotalFunctionalExpensesGrp/TotalAmt01357304
IRS990/TotalGrossUBIAmt05151
IRS990/TotalLiabilitiesBOYAmt071515
IRS990/TotalLiabilitiesEOYAmt021851
IRS990/TotalLiabilitiesGrp/BOYAmt071515
IRS990/TotalLiabilitiesGrp/EOYAmt021851
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0532095
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0576492
IRS990/TotalOtherProgSrvcRevenueAmt05152
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0214
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt0214
IRS990/TotalProgramServiceExpensesAmt01209726
IRS990/TotalProgramServiceRevenueAmt01366389
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01393389
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01403277
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt05151
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0603610
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0598343
IRS990/TravelGrp/ProgramServicesAmt0458034
IRS990/TravelGrp/TotalAmt0458034
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 157
IRS990/USAddress/CityNm0BEECH GROVE
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046107
IRS990/VotingMembersGoverningBodyCnt031
IRS990/VotingMembersIndependentCnt031
IRS990/WebsiteAddressTxt0WWW.ISWA.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAT CULP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0STATE CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum03177801885
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDIANA STATE WRESTLING ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0INDI
ReturnHeader/Filer/EIN0310956901
ReturnHeader/Filer/PhoneNum03177801885
ReturnHeader/Filer/USAddress/AddressLine1Txt05715 CHURCHMAN AVE STE L
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046203
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351427175
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KELLEY HARDESTY SMITH AND CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05240 ELMWOOD AVE STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046203
ReturnHeader/PreparerPersonGrp/PhoneNum03177881571
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KARA V LAUTH CPA
ReturnHeader/ReturnTs02026-02-26T08:13:12-05:00

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