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Bayareachess

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

EIN: 262776273 ✦ Durham, NC ✦ Designated as a 501(c)(3)

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Overview

What is Bayareachess?

Bayareachess is a thriving nonprofit organization situated in San Jose, California. With a focus on nurturing intellectual growth and skills development, Bayareachess offers afterschool chess programs for school-aged children. By teaching them the art of chess, the organization goes beyond the game, fostering higher-level skills such as strategic thinking, advance planning, and good sportsmanship. As participation grows, Bayareachess expands its tournament locations. The organization also conducts chess tutoring sessions at local schools and hosts tournaments, providing an engaging platform for students and community members to showcase their acquired skills. Bayareachess's mission is to offer enjoyable activities that enhance mathematical, analytical, visual, and personal skills in children, youth, and adults. With a dedicated team of 13 individuals, Bayareachess is committed to enriching lives through the game of chess.


Official website here: www.bayareachess.com

Is Bayareachess legitimate?

Bayareachess is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bayareachess 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: $300,780
Professional Fundraising Fees: $0
Other Salaries and Wages: $394,000

For more financial information, click here


Official website here: www.bayareachess.com

What is the mission statement of Bayareachess?

Bayareachess's mission is centered around offering engaging activities for children, youth, and adults. These activities are designed to enhance intellectual, mathematical, analytical, visual, and personal skills. The organization focuses on teaching chess and then fostering the development of higher-level chess skills in its participants. Once individuals gain confidence and competence, Bayareachess organizes tournaments to allow them to showcase their abilities in a fun and stimulating environment. The organization rewards its competitors with trophies and prizes for their efforts. Bayareachess has expanded its tournament locations to cater to its growing participation and has also conducted chess tutoring sessions at local schools and tournaments, providing opportunities for individuals to apply the skills they have learned, such as strategizing, anticipating moves, and exhibiting good sportsmanship and courtesy.


Official website here: www.bayareachess.com

What is the revenue of Bayareachess?

Bayareachess's revenue in 2023 was $1,917,950.


Official website here: www.bayareachess.com

Who are the executives of Bayareachess and what are their salaries?

The average compensation at Bayareachess during 2023 was $57,898. There are 12 employees and 25 volunteers at Bayareachess.

Here are 4 key members and their salaries:


Salman Azhar (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Surekha Nidamarty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prasad Dasari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beatriz Marinello (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bayareachess.com

Where can I find the form 990 for Bayareachess?

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


Official website here: www.bayareachess.com

Learn more at the official website: www.bayareachess.com

Mission Statement of Bayareachess

Bayareachess, an organization dedicated to children, youth, and adults, is committed to offering engaging activities that foster intellectual, mathematical, analytical, visual, and personal skill development. The primary objective of Bayareachess is to provide a fun and stimulating environment where individuals can enhance their cognitive abilities and social skills. Through afterschool programs and tutoring sessions, Bayareachess introduces children to the game of chess and then guides them towards mastering advanced strategies. Once competent, these individuals are given the opportunity to showcase their skills in tournaments, where they can earn recognition and rewards. Bayareachess's growth is evident in the expansion of its tournament locations, catering to the increasing interest and participation in the program.

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Impact




October, 2024

Bayareachess significantly enhances the intellectual and personal development of children, youth, and adults through engaging chess programs. By offering afterschool sessions, the organization cultivates essential skills such as strategic thinking, planning, and sportsmanship. Participants not only learn the game but also develop analytical and mathematical abilities that can benefit them in various aspects of life.

The organization has expanded its reach by increasing the number of tournament locations, accommodating a growing interest in competitive chess. These tournaments create an exciting environment where participants can showcase their skills, gain confidence, and receive recognition through trophies and prizes. The emphasis on communal activities fosters a sense of belonging and encourages a positive atmosphere of camaraderie among players.

By hosting tutoring sessions at local schools alongside numerous tournaments, Bayareachess provides opportunities for students and community members to apply their knowledge in real-world situations. This active involvement nurtures not only chess proficiency but also vital life skills, ensuring a well-rounded experience for all participants.




This information is meant to be a general summary of Bayareachess. 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
$1,917,950 (2023)
Expenses
$1,820,521 (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: $1,917,950
  • Gross Receipts: $1,917,950

Assets and Liabilities:

  • Total Assets: $849,316
  • Total Liabilities: $47,300
  • Net Assets: $802,016

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Programs

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

Tournament and Enrichment
0

Revenue

$1,197,977

PPP Proceeds
0

Revenue

$65,937

Organization Details

Founding Year

2008

Principal Officer

Salman Azhar

NTEE Category

Code: N50 - Recreation

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