Chess Education Foundation Inc

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

EIN: 841830726 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Chess Education Foundation Inc?

The Chess Education Foundation is a nonprofit organization that prioritizes education as its core mission. Recently, they established a Chess Center in December 2022, which serves as a hub for various community activities, including free club play, tournaments, and lessons for both adults and children. The center's setup expenses were predominantly incurred towards the end of the year. Besides hosting local chess tournaments, which is their second-largest program, the foundation also supports the KY State Championships. In 2022, they organized a series of tournaments leading to a scholarship award at the final event in 2023.


Official website here: www.chesseducation.org

What do the Facebook reviews say about Chess Education Foundation Inc?

Although the Chess Education Foundation Inc currently has limited reviews, the available feedback speaks positively about the organization. One reviewer highlights it as a welcoming environment for chess lovers, regardless of their experience level, suggesting an inclusive atmosphere that promotes learning and community.

This recommendation indicates that participants feel comfortable and supported in their chess endeavors, whether they are beginners or seasoned players. Overall, the sentiment appears to reflect a strong sense of community and passion for the game.


This AI summary has been generated from reviews found on Facebook.

Is Chess Education Foundation Inc legitimate?

Chess Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chess Education Foundation Inc submitted a form 990EZ, 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.


Official website here: www.chesseducation.org

What is the mission statement of Chess Education Foundation Inc?

The Chess Education Foundation's primary mission is centered around education. It operates with a new Chess Center, hosting community events such as free club play, tournaments, and lessons for both adults and children. The foundation is also actively engaged in organizing local chess tournaments, and in 2022, it initiated a series of tournaments leading up to a scholarship award at the final event in 2023. Additionally, the foundation provides assistance for the KY State Championships, demonstrating its commitment to promoting and fostering the game of chess.


Official website here: www.chesseducation.org

Who is the CEO of Chess Education Foundation Inc?

Unavailable


Official website here: www.chesseducation.org

What is the revenue of Chess Education Foundation Inc?

Chess Education Foundation Inc's revenue in 2022 was $157,386.


Official website here: www.chesseducation.org

Who are the executives of Chess Education Foundation Inc and what are their salaries?


Here are 5 key members and their salaries:


Ryan Velez (President And Executive Director)
  • Compensation: $15,200
  • Related: $0
  • Other: $0
John Simons (Treasurer And Director)
  • Compensation: $15,360
  • Related: $0
  • Other: $0
Richard Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeet Bagga (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Yussman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chesseducation.org

Where can I find the form 990EZ for Chess Education Foundation Inc?

Chess Education Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.chesseducation.org

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

Mission Statement of Chess Education Foundation Inc

The Chess Education Foundation, as its name suggests, prioritizes education as its primary mission. Established with a focus on chess, this organization operates a Chess Center that hosts community events such as free club play, tournaments, and lessons for both children and adults. The foundation is particularly dedicated to organizing local chess tournaments, which is its second largest program. In addition to this, the Chess Education Foundation also assists with the KY State Championships. In 2022, the organization took this commitment a step further by organizing a series of tournaments that will culminate in a scholarship award at the final event in 2023. Through these initiatives, the Chess Education Foundation aims to promote and foster a love for chess and education among its community members.

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Impact




October, 2024

Chess Education Foundation Inc has made a significant impact by fostering a vibrant community around chess education and engagement in Louisville, KY. The opening of their new Chess Center in December 2022 has been a pivotal development, serving as a hub for both adults and children to participate in free club play, tournaments, and lessons. This center not only promotes chess as a beneficial educational tool but also provides accessible opportunities for community members to learn and improve their skills.

Through initiatives such as local chess tournaments and their involvement with the Kentucky State Championships, the foundation has enhanced competitive play and provided avenues for players to showcase their talents. The series of tournaments organized in 2022, culminating in a scholarship award at the final event in 2023, underscores the foundation's commitment to supporting youth and promoting academic excellence through chess.

Overall, the Chess Education Foundation is instrumental in cultivating a love for chess, fostering critical thinking and problem-solving skills, and building a strong, connected community centered around education and personal growth in the game of chess.




This information is meant to be a general summary of Chess Education Foundation Inc. 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
$157,386 (2022)
Expenses
$111,526 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $156,016
  • Gross Receipts: $157,386

Assets and Liabilities:

  • Total Assets: $69,665
  • Total Liabilities: $0
  • Net Assets: $69,665

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Organization Details

Main Address

2908 Brownsboro Rd Suite 212, Louisville, KY, 40206

NTEE Category

Code: B99 - Education

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