Coon Rapids Mat Bandits Wrestling Club
Public records show a registered, tax-exempt organization in good standing.
What it says it does
WRESTLING PROGRAM FOR YOUTH
- Income
- $434,964
- Spending
- $379,672
- Spent on programs
- 99%
- Reserves
- 90 months of spending
- Largest source of income
- other income, 91%
- Employees
- 33
- Volunteers
- 55
- Highest pay
- $89,223, gambling man
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 95 out of 100. Higher than 88% of charities in its peer group (recreation and sports, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 90.0 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 13% of income.
Income trend
10 of 15Income fell 1% on the year before.
Spending floor
15 of 1599% of spending went to programs.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 51 out of 100. Higher than 35% of charities in its peer group (recreation and sports, $250k to $1m).
Independent board
25 of 2522 of 38 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $363,043 spent. THE ORGANIZATION OPERATED EXCLUSIVELY FOR EDUCATIONAL PURPOSES TO CONDUCT AND OPERATE A WRESTLING PROGRAM FOR YOUTH PEE WEE THROUGH HIGH SCHOOL AND THE FOSTERING OF NATIONAL & INTERNATIONAL AMATEUR WRESTLING COMPETITIONS. THIS IS DONE THROUGH TOURNAMENTS, CAMPS, AND CLINICS ORGANIZED AND FUNDED BY THE ORGANIZATION.
- $14,000 spent. CRMBWC GIVES SCHOLARSHIPS TO THOSE INDIVIDUALS THAT EXCEL AT WRESTLING TO HELP ASSIST THEM WITH THEIR COLLEGE EDUCATION.
- GAMBLING: THE FORMS OF GAMBLING CONDUCTED BY THE ORGANIZATION DURING THE YEAR ENDED 8/31/2024, INCLUDED PAPER PULL-TABS, NON-LINKED BINGO, PADDLETICKETS, TIPBOARDS, SPORTS-THEMED TIPBOARDS, ELECTRONIC PULL-TABS, AND LINKED BINGO. REVENUE IN EXCESS OF ALLOWABLE EXPENSES GENERATED BY THE LAWFUL GAMBLING FUND WERE USED FOR LAWFUL PURPOSES AND BOARD APPROVED EXPENDITURES AS DEFINED BY MINNESOTA STATUTE. GROSS RECEIPTS FOR THE YEAR ENEDED 8/31/2024 WERE 18,462,887 TOTAL GAMING EXPENSES FOR THE YEAR ENDED 8/31/2024 WERE 18,529,693.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending August 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2005.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.