Americas Foundation For Chess
- Assets
- $146.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Bellevue, WA
- Founding
- 08/2000
- Data as of
- 09/2023
- 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 09/2023, 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 09/2023, Americas Foundation For Chess generated $181.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $100.7k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (26.8%) per year over the past 8 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
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendi Fischer Executive Director | 25 | $0 | |
Trent Dawson CFO | 5 | $0 | |
Erik Anderson Ceo, Board Chair | 10 | $0 | |
Alan Heuberger Secretary, Finance Chair | 1 | $0 | |
Jim Roberts Board Member | 1 | $0 | |
Salome Thomas-El Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,024 |
| Total Program Service Revenue | $11,873 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $181,897 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,365 |
| Professional fees and other payments to independent contractors | $22,679 |
| Occupancy, rent, utilities, and maintenance | $4,243 |
| Printing, publications, postage, and shipping | $47 |
| Other expenses | $41,328 |
| Total expenses | $100,662 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,007 |
| Other assets | $0 |
| Total assets | $146,197 |
| Total liabilities | $33,565 |
| Net assets or fund balances | $112,632 |
Grants Awarded
Over the last fiscal year, Americas Foundation For Chess has awarded $17,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF PUYALLUP PURPOSE: DONATION IN HONOR OF SERGEANT BRYAN BLACK | $7,500 |
US CHESS SCHOOL PURPOSE: MONETARY SUPPORT | $10,000 |