CHESS EDUCATION FOUNDATION INC (EIN 841830726) - Form 990 Financial Analysis & Trantor Score

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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

2019

Legal Domicile

Principal Officer

John Simons

Phone

5024185312

Tax Period

2023-01-01 to 2023-12-31

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

Mission: We Teach Life Skills Through Chess Activities - Teach Chess at After-School Clubs , Organize Chess Competitions, Host Community Chess events at our facility

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,400

Program Service Revenue $246,841

Investment Income $0

Other Revenue $0

TOTAL REVENUE $249,241

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $64,798

Fundraising Expenses $0

Program Expenses $177,316

Other Expenses $156,552

TOTAL EXPENSES $226,350

Year-over-Year Comparison

	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%

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

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

$58,712

Total Directors

Key Employees

Highest Compensated

reported

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

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	No data	No data	No data	No data
2023	$249,241	$226,350	$89,816	$22,891

CHESS EDUCATION FOUNDATION INC