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Nonprofiteer
← INTERNATIONAL CHESS SCHOOL INC

Form 990 for tax year 2022

Filed by INTERNATIONAL CHESS SCHOOL INC.

Totals

Total revenue
$688,791
Total expenses
$234,991
Contributions and grants received
$448,344
Grants paid
$110,000
Program service revenue
$5,840
Investment income
$234,607
Other revenue
$0
Total assets, end of year
$3,086,495
Total liabilities, end of year
$7,250
Net assets or fund balances, end of year
$3,079,245
Program services expenses (Part IX)
$214,981
Management and general expenses
$20,010
Fundraising expenses
$0
Program service expenses (Part III)
$214,981

Program services were 91.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $448,344

  • 2a · Program service revenue: SCHOOL PROGRAM FEES

    total $5,840 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $137,461 · unrelated business $0 · excluded $137,461

  • 7a · Gross sales of assets other than inventory

    securities $293,507

  • 7b · Less cost or other basis and sales expenses

    securities $196,361

  • 7c · Gain or loss

    securities $97,146

  • 7d · Net gain or loss

    total $97,146 · related or exempt $0 · unrelated business $0 · excluded $97,146

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $110,000 · program services $110,000

  • 11c · Fees: accounting

    total $7,250 · program services $0 · management and general $7,250 · fundraising $0

  • 11f · Fees: investment management

    total $9,308 · program services $0 · management and general $9,308 · fundraising $0

  • 13 · Office expenses

    total $9,968 · program services $6,516 · management and general $3,452 · fundraising $0

  • 17 · Travel

    total $5,265 · program services $5,265 · management and general $0 · fundraising $0

  • 24a · Other expenses: INSTRUCTOR FEES

    total $93,200 · program services $93,200 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $112,617 · end of year $41,667

  • 2 · Savings and temporary cash investments

    beginning of year $418,864 · end of year $502,908

  • 12 · Investments: other securities

    beginning of year $2,599,865 · end of year $2,541,920

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,700 · end of year $7,250

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,926,142 · end of year $1,695,722

  • 28 · Net assets with donor restrictions

    beginning of year $1,198,504 · end of year $1,383,523

Mission and programs · 2022

Mission

TO ORGANIZE AND PROMOTE CHESS FOR YOUTH BY PROVIDING PROGRAMS IN THE SCHOOLS, COMMUNITY CENTERS, CAMPS, ETC.

  • CHESS PROGRAMS PROVIDED TO YOUTH IN VARIOUS SCHOOLS, COMMUNITY CENTERS, CAMPS, ETC.

    Expenses $214,981 · Grants $110,000 · Revenue $5,840

As filed on the 2022 return.

Listed in Part VII

  • Michael Khodarkovsky

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Nelli Kalihovsky

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Edward Dreyzin

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Felix Rosenwasser

    TREASURER

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2023
IRS schema version
2022v5.0
Source object
202342909349301224

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