Louisville, KY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CHESS EDUCATION FOUNDATION INC, founded in 2019, is a small nonprofit in the Education sector that reported $249K in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $226K left a modest 9% surplus.
Mission: We Teach Life Skills Through Chess
During the 2023-24 School year the Chess Education Foundation has run chess clubs in approximately 30 schools. Chess Instruction in after/before School clubs is our biggest program with approximately...
During the 2023-24 School year the Chess Education Foundation has run chess clubs in approximately 30 schools. Chess Instruction in after/before School clubs is our biggest program with approximately 800 Students attending in 2023. We also ran two chess camps for scholastic players over the summer.
Our second Largest program is running local chess tournaments. Scholastic players compete individually and with their school team. We also assist with both State and National Championship events. Our...
Our second Largest program is running local chess tournaments. Scholastic players compete individually and with their school team. We also assist with both State and National Championship events. Our tournament series awarded a $5000 Scholarship to one Kentucky student.
Our third largest program is our Chess Center. We organize community events for both adults and students. The Center hosted at least two events every week throughout 2023.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $249,241 | $157,386 | +0.6% |
| Expenses | $226,350 | $111,526 | +1.0% |
| Net Income | $22,891 | $45,860 | -0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| John Simons | Treasurer and Director | 25 |
Officer
|
$26,079 | $0 | $26,079 |
| Ryan Velez | President and Executive Director | 25 |
Officer
|
$23,998 | $0 | $23,998 |
| Richard Williams | Director | 10 |
Officer
|
$8,635 | $0 | $8,635 |
| Eric Yussman | Director | 0 |
Director
|
$0 | $0 | $0 |
| Ranjit Bagga | Director | 0 |
Director
|
$0 | $0 | $0 |
| Amani Kettaneh | Director | 0 |
Director
|
$0 | $0 | $0 |
| James Peden | Director | 0 |
Director
|
$0 | $0 | $0 |
| Rico Bulaclac | Director | 0 |
Director
|
$0 | $0 | $0 |
| Conway Strong | Director | 0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $249,241 | $226,350 | $89,816 | $22,891 |
Compare CHESS EDUCATION FOUNDATION INC with other nonprofits in Kentucky and across the country.