Americas Foundation for Chess
Nonprofit profile at a glance
- EIN
- 912051499
- IRS 990-EZ coverage
- 2022–2023
- Forms available
- Form 990 2021, Form 990-EZ 2023
- Location
- Bellevue, WA, USA
- Phone
- 4256294000
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $64,283
- Expenses
- $176,915
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- WENDI FISCHER (EXECUTIVE DIRECTOR)
- ERIK ANDERSON (CEO, BOARD CHAIR)
People named in this filing
- WENDI FISCHER (EXECUTIVE DIRECTOR)
- TRENT DAWSON (CFO)
- ERIK ANDERSON (CEO, BOARD CHAIR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
America's foundation for chess (af4c) uses chess as a learning tool to teach critical thinkingskills, advance math and reading skills, improve behavioral and social skills, and build selfesteem in 2nd and 3rd grade students.
What it reported doing in 2023
America's foundation for chess (af4c) uses the game of chess to teach critical and creative thinking skills to elementary age children. The program, first move, is available to schools and after school programs, and combines online and hands-on learning. First move is used in 24 states, and has served nearly 1.5 million children.
Operating model
- Revenue model
- Donor-supported. 78% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 100
- Sustainability: 10
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 89.8%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -175.2%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 55.6% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: -12.9% per year; rating input score 0; 22nd percentile among comparable filings
- Asset growth: -12.8% per year; rating input score 0; 15th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 89.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $159K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 2 filing years from 2022 to 2023
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 6/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.