Arktos Inc Main Place Chess Club & Games

Nonprofit profile at a glance

EIN
991632676
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024
Location
Van Buren, AR, USA
Phone
4793581010
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$753
Expenses
$5,868
Assets
$4,667
Liabilities
$9,782

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

1 person listed

People named in this filing

  • LORI CRAVEN (Executive Dir.)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A nonprofit dedicated to building connections and skills through the game of chess. Through our chess club games and training programs, we aim to inspire critical thinking, strategic planning, and a love for lifelong learning. By making chess accessible to youth and adults alike, we empower individuals to unlock their potential in a supportive environment.

What it reported doing in 2024

The first annual 2-day chess tournament was held in 2024. We host regular chess club games that cater to players of all levels, from beginners stepping into the world of chess for the first time to seasoned players looking for a challenge. Our friendly matches provide opportunities to test skills, engage with peers, and embrace the joy of competition.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 20
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -679.3%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.8; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 2.1; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $52K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 1 filed schedules
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 2/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.