Maryland Chess Association Inc
- Assets
- $39.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Towson, MD
- Founding
- 07/1975
- Data as of
- 12/2022
- EIN
- 52-1035369
Organization Overview
Maryland Chess Association Inc is located in Towson, MD. The organization was established in 1975. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maryland Chess Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Maryland Chess Association Inc generated $153.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $121.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.0%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Kim President | 1 | $0 | |
John D Rockefeller Vice President For Scholastic | 2 | $0 | |
Michael Regan Treasurer | 8 | $0 | |
Brent Layer Secretary | 3 | $1,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,000 |
| Total Program Service Revenue | $111,508 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $12,236 |
| Total Revenue | $153,744 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,840 |
| Occupancy, rent, utilities, and maintenance | $10,412 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $99,807 |
| Total expenses | $121,657 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,038 |
| Other assets | $0 |
| Total assets | $39,038 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,038 |