Hermovenext Foundation Inc

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

EIN: 842633245 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Hermovenext Foundation Inc?

Hermovenext Foundation Inc is a nonprofit organization that encourages young girls to participate in competitive U.S. rated chess games. Their mission extends beyond individual players, as they also aim to mentor older girls, empowering them to guide and inspire younger girls to join in the chess community. The foundation believes in the transformative power of chess and its potential to foster skills such as critical thinking, strategic planning, and teamwork. While the provided information does not reveal the specific ways they execute these goals, it is clear that Hermovenext Foundation Inc is dedicated to promoting chess among young girls and nurturing leadership among its older members.

Is Hermovenext Foundation Inc legitimate?

Hermovenext Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hermovenext 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.

What is the mission statement of Hermovenext Foundation Inc?

The Hermovenext Foundation Inc's mission is centered around promoting competitive U.S. rated chess among girls. Additionally, they aim to empower older girls by mentoring them, enabling them to, in turn, guide and support younger girls in their chess journey. This approach fosters a continuous cycle of learning and mentorship within the chess community. The foundation's mission statement is further outlined in an attached document.

Who is the CEO of Hermovenext Foundation Inc?

Unavailable

What is the revenue of Hermovenext Foundation Inc?

Hermovenext Foundation Inc's revenue in 2022 was $14,273.

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


Here are 4 key members and their salaries:


Benjamin Morden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Makofsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neela Saldanha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Hermovenext Foundation Inc?

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

Mission Statement of Hermovenext Foundation Inc

Hermovenext Foundation Inc is committed to inspiring young girls to participate in competitive U.S. rated chess games. Beyond this, the organization also aims to empower older girls to become mentors for their younger counterparts, fostering a supportive and inclusive chess community. The mission statement, available for reference, outlines these objectives. By encouraging and mentoring girls in chess, Hermovenext Foundation Inc seeks to empower them, promoting confidence and skills that extend beyond the game.

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Impact




August, 2024

Hermovenext Foundation Inc's impact is focused on encouraging girls to play competitive U.S. rated chess. Additionally, the organization mentors older girls to become mentors for younger girls in the game of chess. Their mission is to empower and support girls in developing their chess skills and leadership abilities.




This information is meant to be a general summary of Hermovenext 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
$14,273 (2022)
Expenses
$7,099 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $14,273

Assets and Liabilities:

  • Total Assets: $10,438
  • Total Liabilities: $400
  • Net Assets: $10,038

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Organization Details

Main Address

231 EAST 31ST STREET - RM 1A, NEW YORK, NY, 10016

NTEE Category

Code: Z99 - Unknown

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