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Renaissance Knights Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202728157 ✦ Wauconda, IL ✦ Designated as a 501(c)(3)

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Overview

What is Renaissance Knights Foundation?

The Renaissance Knights Foundation is a nonprofit organization based in Wauconda, Illinois, with a focus on supporting the chess programs in the Chicago Public Schools. Their mission is to enhance the intellectual and social development of disadvantaged youth in diverse communities within Chicago. They provide operational assistance to over 2,000 K-12 students, allowing them to participate in engaging chess activities and competitions throughout the year. With a team of three dedicated individuals, the foundation strives to make a positive impact on the lives of these students through the dynamic world of chess.


Official website here: www.rknights.org

Is Renaissance Knights Foundation legitimate?

Renaissance Knights Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renaissance Knights Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,649

For more financial information, click here


Official website here: www.rknights.org

What is the mission statement of Renaissance Knights Foundation?

The Renaissance Knights Foundation aims to promote the intellectual and social development of disadvantaged youth in various communities across the city. They achieve this goal by offering vibrant chess education programs, tournaments, and events. The foundation provides operational support to the Chicago Public Schools chess programs, enabling over 2,000 K-12 students to participate in these enriching activities throughout the year. By engaging with chess, these young individuals can enhance their cognitive abilities and improve their social skills.


Official website here: www.rknights.org

Who is the CEO of Renaissance Knights Foundation?

David A Heiser is the President of Renaissance Knights Foundation.


Official website here: www.rknights.org

What is the revenue of Renaissance Knights Foundation?

Renaissance Knights Foundation's revenue in 2023 was $262,109.


Official website here: www.rknights.org

Who are the executives of Renaissance Knights Foundation and what are their salaries?

The average compensation at Renaissance Knights Foundation during 2023 was $38,550. There are 3 employees and 15 volunteers at Renaissance Knights Foundation.


Here are 3 key members and their salaries:


David A Heiser (President)
  • Compensation: $65,000
  • Related: $0
  • Other: $0
Sheila Heiser (Vice President)
  • Compensation: $35,000
  • Related: $0
  • Other: $0
David E Heiser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rknights.org

Where can I find the form 990 for Renaissance Knights Foundation?

Renaissance Knights Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.rknights.org

Learn more at the official website: www.rknights.org

Mission Statement of Renaissance Knights Foundation

The Renaissance Knights Foundation is committed to fostering the intellectual and social development of disadvantaged youth in diverse communities across Chicago. They achieve this goal through vibrant chess education programs, tournaments, and events. The organization's mission is to provide operational support to Chicago Public Schools chess programs, enabling over 2,000 K-12 students to participate in enriching chess activities throughout the year. By offering these chess-related opportunities, the Renaissance Knights Foundation aims to contribute positively to the cognitive growth and social interactions of these disadvantaged youth, empowering them to reach their full potential.

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Impact




October, 2024

Renaissance Knights Foundation significantly impacts disadvantaged youth in diverse communities throughout Chicago by fostering their intellectual and social development through engaging chess education programs. By supporting the Chicago Public Schools chess programs, it provides operational support that empowers over 2,000 K-12 students to participate in vibrant chess activities and tournaments year-round.

This initiative encourages critical thinking, problem-solving, and strategic planning skills among young participants, enhancing their academic performance and promoting positive social interactions. Through tournaments and events, students not only improve their chess skills but also gain confidence and a sense of accomplishment, which can translate into improved self-esteem and better life prospects. The foundation's work contributes to creating more cohesive and supportive communities, where youth can thrive intellectually and socially.




This information is meant to be a general summary of Renaissance Knights Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$262,109 (2023)
Expenses
$253,870 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $220,079
  • Gross Receipts: $262,109

Assets and Liabilities:

  • Total Assets: $260,084
  • Total Liabilities: $96,571
  • Net Assets: $163,513

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CHESS EDUC PROGRAMS

Revenue

$149,500

TOURNAMENTS & EVENTS

Revenue

$70,579

Organization Details

Founding Year

2005

Principal Officer

David A Heiser

Main Address

599 LINDEN LN, WAUCONDA, IL, 60084

NTEE Category

Code: N50 - Recreation

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