Chess Mates Foundation
- Assets
- $46.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 09/1992
- Data as of
- 06/2023
- EIN
- 91-1560413
Organization Overview
Chess Mates Foundation is located in Seattle, WA. The organization was established in 1992. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chess Mates Foundation 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 06/2023, Chess Mates Foundation generated $66.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $71.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ORGANIZATION OF AND OPERATION OF SCHOOL CHESS CLUBS, CHESS INSTRUCTION, AND SPONSORSHIP OF "CHESS FIRST" COMPETITION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Georgi Orlov Executive Director | 20 | $34,200 | |
Ben Radin President | 1 | $0 | |
Duane Polich Vice President | 1 | $0 | |
Joshua Sinanan Secretary | 1 | $0 | |
Jacob Mayer Treasurer | 1 | $0 | |
Joseph Anderson Board Member At Large | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,474 |
| Total Program Service Revenue | $53,571 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,046 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,310 |
| Professional fees and other payments to independent contractors | $2,878 |
| Occupancy, rent, utilities, and maintenance | $5,000 |
| Printing, publications, postage, and shipping | $2,961 |
| Other expenses | $2,039 |
| Total expenses | $71,188 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,694 |
| Other assets | $0 |
| Total assets | $46,694 |
| Total liabilities | $589 |
| Net assets or fund balances | $46,105 |