Civic Intelligence

Berkeley Chess School

990 • Fiscal year 2022 • EIN 94-3225242

Jan 01, 2022 to Dec 31, 2022 • Filed on May 15, 2023

2622 San Pablo AvenueBerkeley, CA 94702

(510) 843-0150

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.48x

Higher debt load relative to assets than 83% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

88th percentile

1.08x

Higher debt load relative to revenue than 88% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

81st percentile

32%

Higher net margin than 81% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

68th percentile

$98,600

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

73rd percentile

16%

Faster asset growth than 73% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

72nd percentile

27%

Faster revenue growth than 72% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,840,898

Up $389,697 (+16%) from 2021

Net Assets

Up

$1,484,990

Up $400,361 (+37%) from 2021

Liabilities

Down

$1,355,908

Down $10,664 (-0.8%) from 2021

Revenue

Up

$1,253,277

Up $270,142 (+27%) from 2021

Expenses

Up

$852,917

Up $154,844 (+22%) from 2021

Net Income

Up

$400,360

Up $115,298 (+40%) from 2021

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $143,814Liabilities 2011: $23,500Net Assets 2011: $120,3142011Assets 2012: $154,644Liabilities 2012: $8,781Net Assets 2012: $145,8632012Assets 2013: $144,030Liabilities 2013: $21,034Net Assets 2013: $122,9962013Assets 2014: $199,730Liabilities 2014: $12,899Net Assets 2014: $186,8312014Assets 2015: $243,494Liabilities 2015: $18,085Net Assets 2015: $225,4092015Assets 2016: $304,686Liabilities 2016: $14,581Net Assets 2016: $290,1052016Assets 2017: $1,631,252Liabilities 2017: $1,312,496Net Assets 2017: $318,7562017Assets 2018: $1,682,152Liabilities 2018: $1,269,709Net Assets 2018: $412,4432018Assets 2019: $1,979,114Liabilities 2019: $1,279,257Net Assets 2019: $699,8572019Assets 2020: $2,280,133Liabilities 2020: $1,480,566Net Assets 2020: $799,5672020Assets 2021: $2,451,201Liabilities 2021: $1,366,572Net Assets 2021: $1,084,6292021Assets 2022: $2,840,898Liabilities 2022: $1,355,908Net Assets 2022: $1,484,9902022Assets 2023: $2,847,280Liabilities 2023: $1,318,505Net Assets 2023: $1,528,7752023Assets 2024: $2,681,474Liabilities 2024: $1,287,573Net Assets 2024: $1,393,9012024

Highlighted filing

2022

Assets$2,840,898
Liabilities$1,355,908
Net Assets$1,484,990

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $768,779Expenses 2011: $708,499Net Income 2011: $60,2802011Expenses 2012: $839,9572012Revenue 2013: $865,985Expenses 2013: $888,852Net Income 2013: -$22,8672013Revenue 2014: $993,985Expenses 2014: $930,150Net Income 2014: $63,8352014Revenue 2015: $1,054,239Expenses 2015: $1,015,661Net Income 2015: $38,5782015Revenue 2016: $1,148,055Expenses 2016: $1,083,359Net Income 2016: $64,6962016Revenue 2017: $1,166,255Expenses 2017: $1,137,604Net Income 2017: $28,6512017Revenue 2018: $1,398,566Expenses 2018: $1,304,879Net Income 2018: $93,6872018Revenue 2019: $1,493,362Expenses 2019: $1,205,948Net Income 2019: $287,4142019Revenue 2020: $864,367Expenses 2020: $781,872Net Income 2020: $82,4952020Revenue 2021: $983,135Expenses 2021: $698,073Net Income 2021: $285,0622021Revenue 2022: $1,253,277Expenses 2022: $852,917Net Income 2022: $400,3602022Revenue 2023: $1,034,525Expenses 2023: $990,740Net Income 2023: $43,7852023Revenue 2024: $951,051Expenses 2024: $1,085,925Net Income 2024: -$134,8742024

Highlighted filing

2022

Revenue$1,253,277
Expenses$852,917
Net Income$400,360
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 15, 2023
Return Version
2022v5.0
Gross Receipts
$1,253,345
Mission and Program Overview

Mission

True to its mission of enriching the lives of children from all backgrounds, BCS has undertaken ambitious new outreach programs in Oakland and Richmond Title 1 elementary schools.

The Berkeley Chess School is a nonprofit organization that brings chess instruction to girls and boys in Kindergarten through 12th grade, irrespective of race, ethnicity or socio-economic status.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,656,688$1,831,925▲ $175,237
Cash and Non-Interest-Bearing Accounts$352,450$567,742▲ $215,292
Savings and Temporary Cash Investments$430,448$377,766▼ $52,682
Accounts Receivable$11,615$63,465▲ $51,850
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,451,201$2,840,898▲ $389,697
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,199,451$1,187,736▼ $11,715
Other Liabilities$149,900$149,924▲ $24
Unsecured Notes Loans Payable$12,991$9,255▼ $3,736
Accounts Payable and Accrued Expenses$4,229$8,993▲ $4,764
Total Liabilities$1,366,571$1,355,908▼ $10,663
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$621,442$1,062,313▲ $440,871
Net Assets With Donor Restrictions$463,188$422,677▼ $40,511
Total Net Assets Fund Balance$1,084,630$1,484,990▲ $400,360
Total Liabilities and Net Assets / Fund Balance$2,451,201$2,840,898▲ $389,697

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,622,391$152,694$1,775,085
Land$200,040-$200,040
Equipment$9,426$109,331$118,757
Other Land Buildings$68$18,683$18,751
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth ShaughnessyPresidentFT$98,600-$98,600
Stephen ShaughnessyTreasurerFT$82,495$4,845$87,340
Roger PoehlmannSecretaryPT$25,500-$25,500

Board Members and Trustees

NameTitle
Queen GrahamChair
Andrew LazarusDirector
Fong WangDirector
Ki IngersolDirector
Wendy Muse SinekDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$452,312
Program Service Revenue
$792,686
Investment Income
$8,290
Other Revenue
$-11
All Other Contributions
$185,763
Change in Net Assets
$400,360
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$602,993
Other Expenses$249,924
Total Fundraising Expense$50,407
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$258,645$33,591$43,667$335,903
Current Officers, Directors, Trustees, and Key Employees$188,743$17,852-$206,595
Interest$57,337$10,118-$67,455
Depreciation Depletion$40,660$7,175-$47,835
Payroll Taxes$38,321$4,508$2,254$45,083
Occupancy$15,466$1,819$910$18,195
Insurance$13,614$2,403-$16,017
Other Employee Benefits$13,100$1,541$771$15,412
Fees for Services Accounting-$14,422-$14,422
All Other Expenses$6,843$1,035$2,539$10,417
Other Expenses$7,274$2,273-$7,274
Office Expenses$5,197$917-$6,114
Information Technology$4,515$531$266$5,312
Fees for Services Legal-$1,414-$1,414
Travel$398$70-$468
Total Functional Expenses$686,795$115,715$50,407$852,917
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance$149,924
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Board members ELIZABETH SHAUGHNESSY and Stephen Shaughnessy are related as family members. Board members ELIZABETH SHAUGHNESSY, Stephen Shaughnessy and Roger Poehlmann receive compensation for work performed on behalf of the organization.

Form 990, Part VI, Section A, Line 8B

there are no board committees with such authority

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

Members of the Board of Directors review all potential conflicts of interest periodically. Top management and all Board members are required to disclose potential conflicts and any related party affiliations. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.

Form 990, Part VI, Section B, Line 12C

Members of the Board of Directors review all potential conflicts of interest periodically. Top management and all Board members are required to disclose potential conflicts and any related party affiliations. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.

Form 990, Part VI, Section B, Line 15A

Compensation of other personnel and highly compensated employees is reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files.

Form 990, Part VI, Section B, Line 15B

Compensation of other personnel and highly compensated employees is reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files.

Form 990, Part VI, Section C, Line 19

All of the organization's governing documents, financial statements, and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to our website and to www.guidestar.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office.

Filing and Contact Details

Filer

Filer Name
Berkeley Chess School
EIN
94-3225242
Phone
5108430150
Address
2622 San Pablo Avenue, BERKELEY, CA 94702

Signing Officer

Name
Elizabeth Shaughnessy
Title
Executive Director
Phone
5108430150
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Shaughnessy
Formed
1982
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
5
Employees
44

Preparer

Firm
Regalia & Associates Cpas
Address
103 TOWN COUNTRY DR STE K, DANVILLE, CA 94526
Preparer
Douglas W Regalia
Phone
9253140390
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, Berkeley Chess School is required to report information regarding its exposure to various tax positions taken by Berkeley Chess School and requires a two-step process that separates recognition from measurement. The first step is determining whether a tax position has met the recognition threshold; the second step is measuring a tax position that meets the recognition threshold. Management believes that Berkeley Chess School has adequately evaluated its current tax positions and has concluded that as of December 31, 2022, Berkeley Chess School does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.Berkeley Chess School has received notification from the Internal Revenue Service and the State of California that it qualifies for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code. The exemptions are subject to periodic review by the federal and state taxing authorities and management is confident that Berkeley Chess School continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. Berkeley Chess School may periodically receive unrelated business income (such as sublease rental income) requiring Berkeley Chess School to file separate tax returns under federal and state statutes. Under such conditions, Berkeley Chess School calculates and accrues the applicable taxes.

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IRS990/PYOtherExpensesAmt0168116
IRS990/PYOtherRevenueAmt090
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IRS990/PYRevenuesLessExpensesAmt0285062
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0400360
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0430448
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0250000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt010000
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0353907
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0334140
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IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt084
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt067
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0792743
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0692886
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01155575
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01232841
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01398529
IRS990ScheduleA/Total509Grp/TotalAmt05979447
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01398566
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06001616
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.68$1.29$1.39$0.95$1.09$0.13
2023Detailed filing. Detailed filing data is available for this year.$2.85$1.32$1.53$1.03$0.99$0.04
2022Detailed filing. Detailed filing data is available for this year.$2.84$1.36$1.48$1.25$0.85$0.40
2021Detailed filing. Detailed filing data is available for this year.$2.45$1.37$1.08$0.98$0.70$0.29
2020Detailed filing. Detailed filing data is available for this year.$2.28$1.48$0.80$0.86$0.78$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.98$1.28$0.70$1.49$1.21$0.29
2018Detailed filing. Detailed filing data is available for this year.$1.68$1.27$0.41$1.40$1.30$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.63$1.31$0.32$1.17$1.14$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.30$0.01$0.29$1.15$1.08$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.24$0.02$0.23$1.05$1.02$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.01$0.19$0.99$0.93$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.14$0.02$0.12$0.87$0.89$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.01$0.15$0.84
2011Summary only. Only limited summary data is available for this year.$0.14$0.02$0.12$0.77$0.71$0.06