BERKELEY CHESS SCHOOL

EIN: 943225242 501(c)(3) Recreation & Sports

BERKELEY, CA

Total Revenue
$1,034,525
Total Expenses
$990,740
Total Assets
$2,847,280
Net Assets
$1,528,775
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
CA
Principal Officer
ELIZABETH SHAUGHNESSY
Phone
5108430150
Tax Period
2023-01-01 to 2023-12-31

BERKELEY CHESS SCHOOL, founded in 1982, is a community nonprofit in the Recreation & Sports sector that reported $1.0M in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $991K left a modest 4% surplus.

Mission

True to its mission of enriching the lives of children from all backgrounds, BCS has undertaken ambitious new outreach programs in Oakland and Richmond Title 1 elementary schools.

Program Service Accomplishments

Program 1
Expenses: $789,844 Revenue: $902,086

The Berkeley Chess School offers chess instruction to over 3,000 children in over 70 schools throughout Northern California. Established in 1982 by Elizabeth Shaughnessy, former Irish Women's Chess...

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The Berkeley Chess School offers chess instruction to over 3,000 children in over 70 schools throughout Northern California. Established in 1982 by Elizabeth Shaughnessy, former Irish Women's Chess Champion and former president of the Berkeley School Board, the Berkeley Chess School has introduced the joy of chess to thousands of Bay Area children.The Berkeley Chess School is dedicated to sharing the wonders and joys of chess with as many young people as possible. Through the medium of chess the Berkeley Chess School teaches critical thinking, problem solving, decision making and mental discipline -- skills that affect the learning experience in the classroom and prepare children to enter the adult world as contributing members of society.

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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 (2023)

Revenue Breakdown

Contributions & Grants $132,210
Program Service Revenue $901,716
Investment Income $229
Other Revenue $370
TOTAL REVENUE $1,034,525

Expense Breakdown

Grants Paid $0
Salaries & Benefits $633,889
Fundraising Expenses $55,758
Program Expenses $789,844
Other Expenses $356,851
TOTAL EXPENSES $990,740

Year-over-Year Comparison

2023 2022 Change
Revenue $1,034,525 $1,253,277 -0.2%
Expenses $990,740 $852,917 +0.2%
Net Income $43,785 $400,360 -0.9%
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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Governance

Voting Members
9
Independent Members
6
Employees
53
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
$207,553
Total Directors
9
$207,553
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH SHAUGHNESSY President 40.00
Officer Director
$100,150 $0 $100,150
Stephen Shaughnessy Vice President 40.00
Officer Director
$81,779 $5,309 $87,088
Roger Poehlmann Secretary 6.00
Officer Director
$20,315 $0 $20,315
QUEEN GRAHAM Chair 4.00
Officer Director
$0 $0 $0
Andrew Lazarus Treasurer 4.00
Officer Director
$0 $0 $0
Ki Ingersol Director 2.00
Director
$0 $0 $0
Ravi Rajendra Director 2.00
Director
$0 $0 $0
Wendy Muse Sinek Director 2.00
Director
$0 $0 $0
Fong Wang Director 2.00
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 $1,034,525 $990,740 $2,847,280 $43,785
2022 $1,253,277 $852,917 $2,840,898 $400,360
2021 $983,135 $698,073 $2,451,201 $285,062
2020 $864,367 $781,872 $2,280,133 $82,495
2019 $1,493,362 $1,205,948 $1,979,114 $287,414
2018 $1,398,566 $1,304,879 $1,682,152 $93,687
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