CONNECTICUT STATE CHESS ASSOCIATION INC

EIN: 832956048

WEST HARTFORD, CT

Total Revenue
$61,784
Total Expenses
$62,363
Total Assets
$18,487
Net Assets
$18,487
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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
1967
Legal Domicile
CT
Principal Officer
ALEXANDER LUMELSKY
Phone
8605930225
Tax Period
2024-01-01 to 2024-12-31

CONNECTICUT STATE CHESS ASSOCIATION INC, founded in 1967, is a micro nonprofit that reported $62K in total revenue in fiscal year 2024.

Mission

TO ENCOURAGE AND PROMOTE CHESS IN CONNECTICUT, ORGANIZE STATE-TITLED EVENTS, PROMOTE SCHOLASTIC AND WOMEN'S CHESS ACTIVITIES, CO-ORDINATE CHESS TOURNAMENTS, MAINTAIN A TOURNAMENT CALENDAR, MAINTAIN A DIRECTORY OF CONNECTICUT CHESS CLUBS, AND MAINTAIN A WEBSITE (OR DISSEMINATE A PERIODICAL).

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,621
Program Service Revenue $53,163
Investment Income $0
Other Revenue $0
TOTAL REVENUE $61,784

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $62,363
TOTAL EXPENSES $62,363

Year-over-Year Comparison

2024 2023 Change
Revenue $61,784 N/A N/A
Expenses $62,363 N/A N/A
Net Income $-579 N/A N/A
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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
N/A

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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKHAIL KOGANOV VICE PRESIDE N/A
Officer
$0 $0 $0
ALEXANDER LUMELSKY PRESIDENT N/A
Officer
$0 $0 $0
ALEXANDER LUMELSKY INTERIM TREA N/A
Officer
$0 $0 $0
ISMAEL PAGAN CO-SECRETARY N/A
Officer
$0 $0 $0
WILLIAM SWEENEY CO-SECRETARY N/A
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 $61,784 $62,363 $18,487 $-579
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