Americas Foundation For Chess
- Assets
- $288.9k
- Revenue
- $343.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Bellevue, WA
- Founding
- 08/2000
- Data as of
- 09/2021
- EIN
- 91-2051499
Organization Overview
Americas Foundation For Chess is located in Bellevue, WA. The organization was established in 2000. According to its NTEE Classification (N03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Recreation & Sports and related organizations. As of 09/2021, Americas Foundation For Chess employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Americas Foundation For Chess 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 09/2021, Americas Foundation For Chess generated $343.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $417.1k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (16.4%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
USING CHESS AS A LEARNING TOOL TO TEACH CRITICAL THINKING SKILLS, ADVANCE MATH AND READING SKILLS, IMPROVE BEHAVIORAL AND SOCIAL SKILLS, AND BUILD SELF-ESTEEM IN 2ND AND 3RD GRADE STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMERICA'S FOUNDATION FOR CHESS (AF4C) USES THE GAME OF CHESS TO TEACH CRITICAL AND CREATIVE THINKING SKILLS TO ELEMENTARY AGE CHILDREN. THE PROGRAM, FIRST MOVE, IS AVAILABLE TO SCHOOLS AND AFTER SCHOOL PROGRAMS, AND COMBINES ONLINE AND HANDS-ON LEARNING. FIRST MOVE IS USED IN 24 STATES, AND HAS SERVED NEARLY 1.5 MILLION CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendi Fischer Executive Director | Officer | 40 | $116,729 |
Erik Anderson Ceo, Board Chair | OfficerTrustee | 10 | $0 |
Alan Heuberger Secretary, Finance Chair | OfficerTrustee | 1 | $0 |
Trent Dawson CFO | Officer | 5 | $0 |
Salome Thomas-El Board Member | Trustee | 1 | $0 |
Jim Roberts Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $37,667 |
| All other contributions, gifts, grants, and similar amounts not included above | $281,573 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $319,240 |
| Total Program Service Revenue | $24,290 |
| Investment income | $7 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $343,537 |
| 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. | $123,739 |
| Compensation of current officers, directors, key employees. | $8,662 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $67,605 |
| Pension plan accruals and contributions | $4,962 |
| Other employee benefits | $1,994 |
| Payroll taxes | $20,217 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,552 |
| Fees for services: Accounting | $10,352 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $900 |
| Office expenses | $12,072 |
| Information technology | $5,423 |
| Royalties | $0 |
| Occupancy | $10,701 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $595 |
| Interest | $10,610 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $111,667 |
| Insurance | $3,873 |
| All other expenses | $1,884 |
| Total functional expenses | $417,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,364 |
| Savings and temporary cash investments | $13,932 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $154,949 |
| Prepaid expenses and deferred charges | $750 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $57,415 |
| Total assets | $288,910 |
| Accounts payable and accrued expenses | $11,818 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $212,281 |
| Total liabilities | $224,099 |
| Net assets without donor restrictions | $40,681 |
| Net assets with donor restrictions | $24,130 |
| 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 | $288,910 |
Grants Awarded
Over the last fiscal year, Americas Foundation For Chess has awarded $17,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
US CHESS SCHOOL PURPOSE: MONETARY SUPPORT | $10,000 |
CITY OF PUYALLUP PURPOSE: DONATION IN HONOR OF SERGEANT BRYAN BLACK | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Americas Foundation For Chess has recieved totaling $27,065.
| Awarding Organization | Amount |
|---|---|
The Brinson Foundation Chicago, IL PURPOSE: GENERAL OPERATING SUPPORT AND FIRST MOVE IN CHICAGO PUBLIC SCHOOLS | $27,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $65 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Bering Sea Fishermens Association St Paul Island, AK | $143,186,710 | $29,049,738 |
Naiop Washington State Seattle, WA | $1,051,159 | $1,320,226 |
Rocky Mountain Section Of The Professional Golfers Association O Star, ID | $749,135 | $737,940 |
Americas Foundation For Chess Bellevue, WA | $288,910 | $343,537 |
Josephine County Sportsman Association Grants Pass, OR | $405,819 | $217,871 |
Northwest Professional Rodeo Association Inc Molalla, OR | $126,610 | $231,912 |
Recreational Gaming Association Olympia, WA | $0 | $0 |
Deep Sea Fishermens Building Association Inc Seattle, WA | $892,861 | $217,646 |
National Assoc Of Industrial & Office Parks-Portland Chapter Portland, OR | $150,608 | $135,800 |
Northwest Fisheries Assn Seattle, WA | $165,540 | $0 |
Tanana Valley Sportsmens Association Incorporated Fairbanks, AK | $1,670,362 | $132,094 |
Northern Intermountain Professional Ski Instructors Association Inc Ketchum, ID | $180,171 | $0 |