Chess For Success is located in Portland, OR. The organization was established in 1996. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2023, Chess For Success employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chess For Success 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 For Success generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $1.0m during the year ending 06/2023. While expenses have increased by 11.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CHESS FOR SUCCESS IS A YOUTH DEVELOPMENT ORGANIZATION THAT HAS OPERATED IN OREGON AND SW WASHINGTON FOR 20+ YEARS. WE USE CHESS INSTRUCTION AND PLAY TO POSITIVELY IMPACT SCHOOL-AGED CHILDREN'S ACADEMIC, SOCIAL, AND PERSONAL SKILLS. OUR CHESS CLUBS PROVIDE PEOPLE WITH DIVERSE BACKGROUNDS AND ABILITIES A DYNAMIC FRAMEWORK FOR SUCCESS IN SCHOOL AND LIFE. WE EMPHASIZE A FOCUS ON UNDERSERVED POPULATIONS, INCLUDING BIPOC, RURAL AND LOW-INCOME COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MISSION IS TO HELP CHILDREN DEVELOP SKILLS NECESSARY FOR SUCCESS IN SCHOOL AND LIFE BY LEARNING CHESS. ORGANIZATION PROVIDES AFTER-SCHOOL CHESS CLUBS FOR CHILDREN IN ELEMENTARY AND MIDDLE SCHOOLS IN OREGON. THE ORGANIZATION ALSO ORGANIZES ANNUAL ELEMENTARY, MIDDLE AND HIGH SCHOOL CHESS TOURNAMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eric Polgar Executive Di | Officer | 40 | $65,154 |
Erin Adams Chair | OfficerTrustee | 4 | $0 |
Charles Engelberg Member | Trustee | 1 | $0 |
Barb Fisher Secretary | OfficerTrustee | 4 | $0 |
Fletcher Ray Member | Trustee | 1 | $0 |
Ryan Richardson Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $139,000 |
All other contributions, gifts, grants, and similar amounts not included above | $673,301 |
Noncash contributions included in lines 1a–1f | $52,330 |
Total Revenue from Contributions, Gifts, Grants & Similar | $812,301 |
Total Program Service Revenue | $487,807 |
Investment income | $348 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,494 |
Net Income from Fundraising Events | $23,555 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,326,634 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $65,154 |
Compensation of current officers, directors, key employees. | $10,425 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $573,860 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $36,889 |
Payroll taxes | $60,358 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,570 |
Fees for services: Accounting | $14,215 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $89 |
Fees for services: Other | $112,932 |
Advertising and promotion | $0 |
Office expenses | $40,352 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $11,934 |
Travel | $10,064 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,269 |
Interest | $13,914 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $900 |
Insurance | $9,979 |
All other expenses | $0 |
Total functional expenses | $1,022,287 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $346,317 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $17,600 |
Accounts receivable, net | $30,530 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $13,000 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $25,091 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $53,193 |
Total assets | $485,731 |
Accounts payable and accrued expenses | $28,336 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $301,500 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $3,274 |
Total liabilities | $333,110 |
Net assets without donor restrictions | $72,621 |
Net assets with donor restrictions | $80,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $485,731 |