Michigan Chess Association
Nonprofit profile at a glance
- EIN
- 237257691
- IRS 990-EZ coverage
- 2009–2022
- Forms available
- Form 990-EZ 2022
- Location
- Perry, MI, USA
- Phone
- 7349455951
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $76,233
- Expenses
- $89,331
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- LOREN SCHWIEBERT (VICE PRESIDENT/BOD)
People named in this filing
- JEFF ALDRICH (PREIDENT/BOD)
- LOREN SCHWIEBERT (VICE PRESIDENT/BOD)
- RAYMOND GARRISON (TREASURER/BOD)
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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The orgniaztion s purposes are promoting publications, chess columns, courses of study, tournaments, exhibitions, interscholastice competition and for increasing the capabilities of it s players.
What it reported doing in 2022
Several tournaments and scholarship programs funded by entry and membership fees no grant received from any organizations businesses and or individuals.
Operating model
- Revenue model
- Earned-program. 81% of the money available for current operations came from fees and other program revenue.
- 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. Some filed totals do not add up and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 19
- Growth: 80
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; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -17.2%; rating input score 26; 26th 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: 1.7% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 12.2% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: -7.5% per year; rating input score 0; 20th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $89K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 5 of 6 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 13 filing years from 2009 to 2022
- Contacts: How to reach this organization
- 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.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 26/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.