Chicago Chess Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 2015, with $200,625 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$201K
▲ 37.8% vs prior year
Recreation median: $129K
Expenses (FY2024)
$221K
Net assets
$73K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Chicago Chess Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Chicago Chess Foundation: 4 mo reserves · -10% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Chicago Chess Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Chicago Chess Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $144K (FY2019) to $201K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-10.2%
Spent more than it raised in the latest fiscal year.
Total assets
$73K
Total liabilities
$0
Net assets
$73K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $200,625▲37.8% | $221,045▲49.4% | $72,720▼22.5% | $72,720▼26.1% | 990 |
| 2023 | $145,577▼6.1% | $147,970▲3.4% | $93,812▼2.5% | $98,347▲2.2% | 990EZ |
| 2022 | $155,025▲6.4% | $143,051▲6.2% | $96,205▲14.2% | $96,205▼14.9% | 990EZ |
| 2021 | $145,741▲36.9% | $134,710▲34.5% | $84,231▲15.1% | $113,019▲54.4% | 990EZ |
| 2020 | $106,438▼26.2% | $100,189▼10.2% | $73,200▲9.3% | $73,200▼6.7% | 990EZ |
| 2019 | $144,187 | $111,603 | $66,951 | $78,443 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
13 grants to Chicago Chess Foundation totaling $288K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $19,419 |
| United Way of Metropolitan Chicago Inc | Program support | 2024 | $6,000 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $42,950 |
| American Online Giving Foundation Inc | General support | 2023 | $26,073 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $11,500 |
| The Chicago Community Trust | Support for an exchange trip to ghana for chess playing students: p&i contribution, support for bootcamp: management suite contribution, general operating support, for gap programming between memorial day and the end of june to provide enrichment opportunities and community building supports for children and youth., for gap programming in the month of august and labor day provide enrichment opportunities and community building supports for children and youth., for programming to build community cohesion through the chicago fund for safe and peaceful communities. | 2022 | $40,100 |
| American Online Giving Foundation Inc | General support | 2022 | $21,497 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $11,035 |
| The Chicago Community Trust | Support of the chi town chess summer celebration at the nature playlot in west englewood (no tickets or benefits received). contribution to chi-town chess, general operating support for the afterschool program, to provide programming to build community cohesion through the chicago fund for safe and peaceful communities. | 2021 | $35,000 |
| The Chicago Community Trust | Support of the chi town chess summer celebration at the nature playlot in west englewood (no tickets or benefits received). contribution to chi-town chess, general operating support for the afterschool program, to provide programming to build community cohesion through the chicago fund for safe and peaceful communities. | 2021 | $35,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $8,750 |
| The Chicago Community Trust | To support afterschool program, and chicago fund for safe and peaceful communities | 2020 | $25,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2020 | $6,000 |
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Data for Chicago Chess Foundation (EIN 46-5424330) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.