Virginia Chess Federation
- Assets
- $39.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Yorktown, VA
- Founding
- 06/1993
- Data as of
- 08/2023
- EIN
- 23-7222648
Organization Overview
Virginia Chess Federation is located in Yorktown, VA. The organization was established in 1993. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Chess Federation 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 08/2023, Virginia Chess Federation generated $81.4k 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 (12.0%) each year. All expenses for the organization totaled $90.1k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 2 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
PROVIDED EDUCATION AND TOURNAMENTS FOR STUDENTS FROM K TO COLLEGE, ADULTS, AND MILITARY MEMBERS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anand Doommalapati President | 4 | $0 | |
Michael E Hoffpauir Treasurer | 16 | $0 | |
Michael Callaham Trustee | 2 | $0 | |
Macon Shibut Trustee | 20 | $0 | |
Georgina Chin Secretary | 2 | $0 | |
Robert Jackson Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $73,560 |
| Membership dues | $7,366 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $81,426 |
| 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 | $11,439 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,628 |
| Other expenses | $70,041 |
| Total expenses | $90,133 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,591 |
| Other assets | $0 |
| Total assets | $39,591 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,591 |