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Foundation For Tennessee Chess

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

EIN: 621625902 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For Tennessee Chess?

The Foundation for Tennessee Chess is a nonprofit organization dedicated to promoting and advancing chess education. Based in Nashville and surrounding areas, they provide chess instruction and resources to both students and teachers in interested schools. Their primary goal is to enrich chess education, aiming to foster a deeper understanding and appreciation of the game within the local community.


Official website here: www.nashvillechess.org

Is Foundation For Tennessee Chess legitimate?

Foundation For Tennessee Chess is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Tennessee Chess 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: $124,418

For more financial information, click here


Official website here: www.nashvillechess.org

What is the mission statement of Foundation For Tennessee Chess?

The Foundation for Tennessee Chess, dedicated to chess education, provides instructional resources and materials to both students and teachers in schools across Nashville and its surrounding areas. Their primary objective is to enhance the quality of chess education, serving as a catalyst for its growth and development. By offering these services, the foundation aims to foster a deeper appreciation and understanding of the game, thereby enriching the educational experiences of its recipients.


Official website here: www.nashvillechess.org

Who is the CEO of Foundation For Tennessee Chess?

Sherri Gough is the President of Foundation For Tennessee Chess.


Official website here: www.nashvillechess.org

What is the revenue of Foundation For Tennessee Chess?

Foundation For Tennessee Chess's revenue in 2022 was $323,762.


Official website here: www.nashvillechess.org

Who are the executives of Foundation For Tennessee Chess and what are their salaries?

The average compensation at Foundation For Tennessee Chess during 2022 was $62,209. There are 2 employees at Foundation For Tennessee Chess.


Here are 7 key members and their salaries:


Destin Tompkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Rawls (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mariano Sana (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Ola Akatue (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Golann (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Neglia (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherri Gough (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nashvillechess.org

Where can I find the form 990 for Foundation For Tennessee Chess?

Foundation For Tennessee Chess's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nashvillechess.org

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

Mission Statement of Foundation For Tennessee Chess

The Foundation for Tennessee Chess, in its mission, focuses on providing chess instruction and resources to students and teachers in schools within Nashville and its surrounding areas. The organization aims to enhance chess education, working towards its vision of fostering a chess-inclusive learning environment. By offering chess instruction and materials, the Foundation for Tennessee Chess seeks to promote the cognitive and social benefits of chess, fostering critical thinking, strategic planning, and teamwork among students. Through its efforts, the organization aims to enrich the educational experience of students and teachers alike, fostering a deeper appreciation for the game of chess.

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Impact




October, 2024

Foundation For Tennessee Chess significantly enhances chess education in Nashville and its surrounding areas by providing comprehensive chess instruction and materials to students and teachers at interested schools. This initiative not only promotes cognitive development among youth but also encourages critical thinking, strategic planning, and problem-solving skills.

By focusing on schools, the foundation fosters an inclusive environment where children from diverse backgrounds can engage in this intellectual game, ultimately contributing to their personal growth and development. The foundation's efforts create opportunities for youth development that extend beyond the classroom, instilling a sense of discipline, patience, and resilience. Through its commitment to enhancing chess education, the Foundation For Tennessee Chess plays a crucial role in empowering the next generation in the Nashville community.




This information is meant to be a general summary of Foundation For Tennessee Chess. 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
$323,762 (2022)
Expenses
$338,714 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3
  • Program Service Revenue: $251,208
  • Gross Receipts: $323,762

Assets and Liabilities:

  • Total Assets: $657,705
  • Total Liabilities: $6,433
  • Net Assets: $651,272

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Programs

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

CAMPS & TOURNAMENTS

Revenue

$89,466

CHESS IN SCHOOLS

Revenue

$161,742

Organization Details

Founding Year

1995

Principal Officer

Sherri Gough

Main Address

2911 BELMONT BLVD, NASHVILLE, TN, 37212

NTEE Category

Code: O20 - Youth development

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