GRAND CHESS TOUR

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

REX SINQUEFIELD

Phone

3143612437

Tax Period

2019-01-01 to 2019-12-31

GRAND CHESS TOUR, founded in 2015, is a community nonprofit in the Recreation & Sports sector that reported $1.5M in total revenue in fiscal year 2019. Revenue surged 606% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 15% surplus.

Mission

THE GRAND CHESS TOUR IS A CIRCUIT OF INTERNATIONAL CHESS TOURNAMENTS AND EVENTS, EACH DEMONSTRATING THE HIGHEST LEVEL OF ORGANIZATION FOR THE WORLD'S BEST CHESS PLAYERS. THE GRAND CHESS TOUR'S MISSION IS TO FOSTER NATIONAL AND INTERNATIONAL AMATEUR COMPETITION IN THE SPORT OF CHESS, TO PROMOTE THE EDUCATIONAL VALUE OF THE GAME OF CHESS, AND TO POPULARIZE THE GAME OF CHESS AROUND THE WORLD.

Program Service Accomplishments

Program 1

Expenses: $847,267 Revenue: $162,041

THE GRAND CHESS TOUR (GCT) ORGANIZES A SERIES OF INTERNATIONAL CHESS TOURNAMENTS THROUGHOUT THE YEAR AND ACROSS THE GLOBE TO PROMOTE THE EDUCATIONAL VALUE OF THE GAME OF CHESS. PLAYERS ARE SELECTED AS FULL GCT PARTICIPANTS BASED ON THE TOP FINISHERS IN THE PRIOR YEAR, BY AVERAGE PRIOR YEAR RATING, AND BY THE GCT ADVISORY BOARD AS TOUR WILD-CARDS. TOUR PARTICIPANTS PLAYED BOTH CLASSIC EVENTS AND RAPID AND BLITZ CHESS EVENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $1,320,000

Program Service Revenue $162,041

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,482,041

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,869

Fundraising Expenses $9,387

Program Expenses $847,267

Other Expenses $1,248,321

TOTAL EXPENSES $1,262,190

Year-over-Year Comparison

	2019	2018	Change
Revenue	$1,482,041	$210,000	+6.1%
Expenses	$1,262,190	$399,713	+2.2%
Net Income	$219,851	$-189,713	-2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REX SINQUEFIELD	PRESIDENT	1.00	Officer Director	$0	$0	$0
GARY KASPAROV	SECRETARY	6.00	Officer Director	$0	$0	$0
DANIEL BENTON	TREASURER	0.25	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2019	$1,482,041	$1,262,190	$726,036	$219,851
2018	$210,000	$399,713	$312,605	$-189,713