Civic Intelligence

U S Chess Trust

990 • Fiscal year 2024 • EIN 23-7016117

Jun 01, 2023 to May 31, 2024 • Filed on Feb 20, 2025

Organization ProfileWWW.USCHESSTRUST.ORG
289 Borden RoadWallkill, NY 12589

(914) 805-1115

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

42nd percentile

0.03x

Higher debt load relative to assets than 42% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.27x

Higher debt load relative to revenue than 72% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

4th percentile

-71%

Higher net margin than 4% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

35th percentile

-0.5%

Faster asset growth than 35% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

32nd percentile

-1.6%

Faster revenue growth than 32% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Down

$1,381,004

Down $7,381 (-0.5%) from 2023

Net Assets

Down

$1,337,376

Down $13,009 (-1.0%) from 2023

Liabilities

Up

$43,628

Up $5,628 (+15%) from 2023

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin4th percentile

Revenue

Down

$159,549

Down $2,574 (-1.6%) from 2023

Expenses

Down

$272,812

Down $8,547 (-3.0%) from 2023

Net Income

Up

-$113,263

Up $5,973 (+5.0%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $672,311Liabilities 2011: $25,866Net Assets 2011: $646,4452011Assets 2012: $624,893Liabilities 2012: $6,350Net Assets 2012: $618,5432012Assets 2017: $823,562Liabilities 2017: $6,900Net Assets 2017: $816,6622017Assets 2018: $1,168,731Liabilities 2018: $7,000Net Assets 2018: $1,161,7312018Assets 2019: $1,159,425Liabilities 2019: $7,200Net Assets 2019: $1,152,2252019Assets 2020: $1,577,942Liabilities 2020: $18,086Net Assets 2020: $1,559,8562020Assets 2021: $1,606,157Liabilities 2021: $10,862Net Assets 2021: $1,595,2952021Assets 2022: $1,534,383Liabilities 2022: $48,270Net Assets 2022: $1,486,1132022Assets 2023: $1,388,385Liabilities 2023: $38,000Net Assets 2023: $1,350,3852023Assets 2024: $1,381,004Liabilities 2024: $43,628Net Assets 2024: $1,337,3762024Assets 2025: $1,394,847Liabilities 2025: $42,706Net Assets 2025: $1,352,1412025

Highlighted filing

2024

Assets$1,381,004
Liabilities$43,628
Net Assets$1,337,376
Open 2024 Filing

Operations Trend

Revenue Growth32nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $245,7462011Expenses 2012: $221,6742012Revenue 2017: $265,671Expenses 2017: $205,504Net Income 2017: $60,1672017Revenue 2018: $544,097Expenses 2018: $243,695Net Income 2018: $300,4022018Revenue 2019: $354,448Expenses 2019: $247,232Net Income 2019: $107,2162019Revenue 2020: $571,930Expenses 2020: $214,125Net Income 2020: $357,8052020Revenue 2021: $141,543Expenses 2021: $216,781Net Income 2021: -$75,2382021Revenue 2022: $203,208Expenses 2022: $228,918Net Income 2022: -$25,7102022Revenue 2023: $162,123Expenses 2023: $281,359Net Income 2023: -$119,2362023Revenue 2024: $159,549Expenses 2024: $272,812Net Income 2024: -$113,2632024Revenue 2025: $307,068Expenses 2025: $247,604Net Income 2025: $59,4642025

Highlighted filing

2024

Revenue$159,549
Expenses$272,812
Net Income-$113,263
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Feb 20, 2025
Return Version
2023v6.0
Gross Receipts
$159,549
Mission and Program Overview

Mission

To promote, stimulate and encourage the study and playing of the game of chess.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$997,161$1,028,989▲ $31,828
Savings and Temporary Cash Investments$317,457$313,248▼ $4,209
Accounts Receivable$35,000$0▼ $35,000
Total Assets$1,388,385$1,381,004▼ $7,381
Other Assets Total$38,767$38,767→ $0
Liabilities
Accounts Payable and Accrued Expenses$7,750$23,378▲ $15,628
Other Liabilities$30,250$20,250▼ $10,000
Total Liabilities$38,000$43,628▲ $5,628
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$959,250$1,037,167▲ $77,917
Net Assets With Donor Restrictions$391,135$300,209▼ $90,926
Total Net Assets Fund Balance$1,350,385$1,337,376▼ $13,009
Total Liabilities and Net Assets / Fund Balance$1,388,385$1,381,004▼ $7,381

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$391,135$60,000▲ $14,468$91,947$300,209
2022$483,815$88,523▲ $91$96,590$391,135
2021$459,560$100,000▼ $436-$483,815
2020$525,505$40,000▲ $44-$459,560
2019$186,430$426,170▲ $1,469-$525,505
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Steve DoyleChair
Beatriz MarinelloPresident
Shane SamolePresident Emeritus
Al LawrenceManaging Director
Dov GormanTrustee
Leo Dubler IiiTrustee
Norman SabaTrustee
Rex SinquefieldTrustee
Stuart ChagrinTrustee
Alex KerfordSecretary
Dr Leroy DubeckTreasurer
Tim RedmanVP for Chess in Education
Sunil WeeramantryVP for Scholastic
Revenue and Support

Revenue Composition

Contributions and Grants
$90,472
Program Service Revenue
$0
Investment Income
$61,287
Other Revenue
$7,790
All Other Contributions
$90,472
Change in Net Assets
$-113,263

Audited Revenue Reconciliation

Revenue per Audited Statements
$159,549
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$100,254
Total Revenue per Audited Statements
$259,803
Total Revenue per Form 990
$159,549
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$272,812
Total Fundraising Expense$3,498
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$28,967$22,769-$28,967
All Other Expenses$24,457--$24,457
Fees for Services Accounting-$8,600-$8,600
Information Technology$3,498-$3,498$6,996
Travel$6,019--$6,019
Office Expenses$1,524$1,522-$3,046
Advertising$2,927--$2,927
Insurance-$1,719-$1,719
Total Functional Expenses$234,704$34,610$3,498$272,812

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$272,812
Total Expenses per Audited Statements$272,812
Total Expenses per Form 990$272,812
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Scholarships Payable$20,250
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is prepared by an accountant with the use of the u.s. Chess trust financial records. Once the form 990 is complete, the return is given to the u.s. Chess trust finance committee. The finance committee then verifies that the form is filled out correctly. Once the committee has given their approval for the form 990, the return is then given to the managing director to sign and return to the accountant. The accountant will then submit the form 990 to the government electronically.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, board minutes, and financial statements available to the public on the trust website and upon request.”

Filing and Contact Details

Filer

Filer Name
US Chess Trust
EIN
23-7016117
Phone
9148051115
Address
289 BORDEN ROAD, WALLKILL, NY 12589

Signing Officer

Name
Al Lawrence
Title
Managing Director
Phone
9148051115
Signed
2025-02-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Al Lawrence
Formed
1967
Legal Domicile
Ma
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Nugent & Haeussler Pc
Address
101 BRACKEN ROAD, MONTGOMERY, NY 12549
Preparer
Mark M Levy CPA
Phone
8454571100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The board also acts as the audit committee.”

Financial Statement Notes

PART III, LINE 4:

“Museum exhibits owned by the trust are a collection of artifacts with historical significance related to chess history in the u.s. And major u.s. Players, and are available for public viewing.”

PART V, LINE 4:

“Intended use of endowment funds is to give fellowships to individuals in accordance with donor wishes.”

Raw XML AppendixShowing 400 of 462 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07750
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt023378
IRS990/AccountsReceivableGrp/BOYAmt035000
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE, STIMULATE AND ENCOURAGE THE STUDY AND PLAYING OF THE GAME OF CHESS.
IRS990/AdvertisingGrp/ProgramServicesAmt02927
IRS990/AdvertisingGrp/TotalAmt02927
IRS990/AllOtherContributionsAmt090472
IRS990/AllOtherExpensesGrp/ProgramServicesAmt024457
IRS990/AllOtherExpensesGrp/TotalAmt024457
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0AL LAWRENCE
IRS990/BooksInCareOfDetail/PhoneNum09148051115
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0289 BORDEN ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0WALLKILL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd012589
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd01
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt090472
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt061287
IRS990/CYOtherExpensesAmt0272812
IRS990/CYOtherRevenueAmt07790
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-113263
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0272812
IRS990/CYTotalFundraisingExpenseAmt03498
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0159549
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO PROVIDE OPPORTUNITIES FOR CHESS COMPETITION FOR OUR YOUTH, AND THE ENHANCEMENT OF CHESS SKILLS AND ENTHUSIASM.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0391135
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0300209
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0234704
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08600
IRS990/FeesForServicesAccountingGrp/TotalAmt08600
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1220.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0STEVE DOYLE
IRS990/Form990PartVIISectionAGrp/PersonNm1BEATRIZ MARINELLO
IRS990/Form990PartVIISectionAGrp/PersonNm2DR LEROY DUBECK
IRS990/Form990PartVIISectionAGrp/PersonNm3ALEX KERFORD
IRS990/Form990PartVIISectionAGrp/PersonNm4TIM REDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5SUNIL WEERAMANTRY
IRS990/Form990PartVIISectionAGrp/PersonNm6SHANE SAMOLE
IRS990/Form990PartVIISectionAGrp/PersonNm7STUART CHAGRIN
IRS990/Form990PartVIISectionAGrp/PersonNm8NORMAN SABA
IRS990/Form990PartVIISectionAGrp/PersonNm9REX SINQUEFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm10DOV GORMAN
IRS990/Form990PartVIISectionAGrp/PersonNm11LEO DUBLER III
IRS990/Form990PartVIISectionAGrp/PersonNm12AL LAWRENCE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP FOR CHESS IN EDUCATION
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP FOR SCHOLASTIC
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12MANAGING DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01967
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0159549
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt03498
IRS990/InformationTechnologyGrp/ProgramServicesAmt03498
IRS990/InformationTechnologyGrp/TotalAmt06996
IRS990/InsuranceGrp/ManagementAndGeneralAmt01719
IRS990/InsuranceGrp/TotalAmt01719
IRS990/InvestmentIncomeGrp/ExclusionAmt061287
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt061287
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0997161
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01028989
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE, STIMULATE AND ENCOURAGE THE STUDY AND PLAYING OF THE GAME OF CHESS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01350385
IRS990/NetAssetsOrFundBalancesEOYAmt01337376
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0100254
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0959250
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01037167
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01522
IRS990/OfficeExpensesGrp/ProgramServicesAmt01524
IRS990/OfficeExpensesGrp/TotalAmt03046
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt038767
IRS990/OtherAssetsTotalGrp/EOYAmt038767
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FELLOWSHIPS
IRS990/OtherExpensesGrp/Desc1CONTRIBUTIONS
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE FEES
IRS990/OtherExpensesGrp/Desc3TOURNAMENTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt022769
IRS990/OtherExpensesGrp/ProgramServicesAmt075176
IRS990/OtherExpensesGrp/ProgramServicesAmt169365
IRS990/OtherExpensesGrp/ProgramServicesAmt222771
IRS990/OtherExpensesGrp/ProgramServicesAmt328967
IRS990/OtherExpensesGrp/TotalAmt075176
IRS990/OtherExpensesGrp/TotalAmt169365
IRS990/OtherExpensesGrp/TotalAmt245540
IRS990/OtherExpensesGrp/TotalAmt328967
IRS990/OtherLiabilitiesGrp/BOYAmt030250
IRS990/OtherLiabilitiesGrp/EOYAmt020250
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0ADMINISTRATIVE FEES
IRS990/OtherRevenueMiscGrp/Desc1NEARING TRUST INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt04000
IRS990/OtherRevenueMiscGrp/ExclusionAmt13790
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13790
IRS990/OtherRevenueTotalAmt07790
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0AL LAWRENCE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0114430
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt039405
IRS990/PYOtherExpensesAmt0281359
IRS990/PYOtherRevenueAmt08288
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-119236
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0281359
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0162123
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-113263
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0317457
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0313248
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt090472
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0114430
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0156845
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0110687
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0536687
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01009121
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt061287
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt039405
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt038608
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt023240
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt028442
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0190982
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt07790
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt08288
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt07755
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt07616
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt06801
IRS990ScheduleA/OtherIncome170Grp/TotalAmt038250
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.81490
IRS990ScheduleA/PublicSupportPY170Pct00.85010
IRS990ScheduleA/PublicSupportTotal170Amt01009121
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt090472
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0114430
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0156845
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0110687
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0536687
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01009121
IRS990ScheduleA/TotalSupportAmt01238353
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0391135
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt060000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0300209
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt073447
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt014468
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt091947
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0483815
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt088523
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0391135
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt084704
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt091
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt096590
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0459560
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0100000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0483815
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt075309
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-436
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0525505
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt040000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0459560
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0105989
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt044
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt064
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0186430
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0426170
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0525505
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt088500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01469
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0272812
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0100254
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SCHOLARSHIPS PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt0100254
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0159549
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MUSEUM EXHIBITS OWNED BY THE TRUST ARE A COLLECTION OF ARTIFACTS WITH HISTORICAL SIGNIFICANCE RELATED TO CHESS HISTORY IN THE U.S. AND MAJOR U.S. PLAYERS, AND ARE AVAILABLE FOR PUBLIC VIEWING.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INTENDED USE OF ENDOWMENT FUNDS IS TO GIVE FELLOWSHIPS TO INDIVIDUALS IN ACCORDANCE WITH DONOR WISHES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART V, LINE 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0272812
IRS990ScheduleD/TotalLiabilityAmt020250
IRS990ScheduleD/TotalRevenuePerForm990Amt0159549
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0259803
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0272812
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY AN ACCOUNTANT WITH THE USE OF THE U.S. CHESS TRUST FINANCIAL RECORDS. ONCE THE FORM 990 IS COMPLETE, THE RETURN IS GIVEN TO THE U.S. CHESS TRUST FINANCE COMMITTEE. THE FINANCE COMMITTEE THEN VERIFIES THAT THE FORM IS FILLED OUT CORRECTLY. ONCE THE COMMITTEE HAS GIVEN THEIR APPROVAL FOR THE FORM 990, THE RETURN IS THEN GIVEN TO THE MANAGING DIRECTOR TO SIGN AND RETURN TO THE ACCOUNTANT. THE ACCOUNTANT WILL THEN SUBMIT THE FORM 990 TO THE GOVERNMENT ELECTRONICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, BOARD MINUTES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THE TRUST WEBSITE AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD ALSO ACTS AS THE AUDIT COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01388385
IRS990/TotalAssetsEOYAmt01381004
IRS990/TotalAssetsGrp/BOYAmt01388385
IRS990/TotalAssetsGrp/EOYAmt01381004
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt090472
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03498
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034610
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0234704

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,381,004
Liabilities
$43,628
Net assets
$1,337,376
Revenue
$159,549
Expenses
$272,812
Net income
-$113,263
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.04$1.35$0.31$0.25$0.06
2024Detailed filing. Detailed filing data is available for this year.$1.38$0.04$1.34$0.16$0.27$0.11
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.04$1.35$0.16$0.28$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.05$1.49$0.20$0.23$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.61$0.01$1.60$0.14$0.22$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.58$0.02$1.56$0.57$0.21$0.36
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.01$1.15$0.35$0.25$0.11
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.01$1.16$0.54$0.24$0.30
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.01$0.82$0.27$0.21$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.01$0.62$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.03$0.65$0.25