HAMPTON ROADS CHESS ASSOCIATION

EIN: 813121854 501(c)(3) Education

VIRGINIA BEACH, VA

Total Revenue
$204,156
Total Expenses
$211,548
Total Assets
$21,496
Net Assets
$21,496
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
VA
Principal Officer
CHRISTINA SCHWEISS
Phone
7574725909
Tax Period
2023-09-01 to 2024-08-31

HAMPTON ROADS CHESS ASSOCIATION, founded in 2016, is a small nonprofit in the Education sector that reported $204K in total revenue in fiscal year 2023.

Mission

The Hampton Roads Chess Association is an organization dedicated to bringing the life benefits of chess to people of all ages and abilities across our region.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $17,953
Program Service Revenue $186,203
Investment Income $0
Other Revenue $0
TOTAL REVENUE $204,156

Expense Breakdown

Grants Paid $0
Salaries & Benefits $139,671
Fundraising Expenses $1,424
Program Expenses $202,828
Other Expenses $71,877
TOTAL EXPENSES $211,548

Year-over-Year Comparison

2023 2022 Change
Revenue $204,156 $191,582 +0.1%
Expenses $211,548 $196,316 +0.1%
Net Income $-7,392 $-4,734 +0.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
23
Volunteers
40

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
2
$0
Total Directors
5
$0
Key Employees
2
$81,196
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christina Schweiss Executive Director 40
Key Emp
$40,598 $0 $40,598
Jacquelinda Bowman Director of Finance and Operations 40
Key Emp
$40,598 $0 $40,598
Thomas Belke Secretary 1
Director
$0 $0 $0
Phillip Russo Board Member 1
Director
$0 $0 $0
Sherene Silverberg Director 1
Director
$0 $0 $0
Nicole Pixler Director 1
Director
$0 $0 $0
Chasity Pritchett Director 1
Director
$0 $0 $0
Mark Dunn Treasurer 1
Officer
$0 $0 $0
Jeffrey Forbes Chairman 1
Officer
$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
2024 $204,156 $211,548 $21,496 $-7,392
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