Berkeley Chess School EIN 94-3225242 Form 990 (PDF) Claim this org

Berkeley Chess School FY2022 filing

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Teaches chess to K-12 students, regardless of background. For fiscal year 2022 it reported $1.3M in revenue, $853K in expenses, and $1.5M in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Berkeley, CA
Website
www.berkeleychessschool.org
Filings
5 on file (2020–2022)
Revenue
$1.3MFY2022
Expenses
$853K
Net assets
$1.5M
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  94-3225242 Public charity (501(c)(3)) Berkeley, CA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Teaches chess to K-12 students, regardless of background.
Leadership
Elizabeth Shaughnessy · President · $99K
Money in and out
$1.3M revenue, $853K expenses
Bottom line
81% program efficiency
Where the money goes · FY2022
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$853K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $400K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.14 Fundraising $0.06
Program efficiency
81%
of spending reaches programs
Operating runway
13.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+32%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$1.3M
FY2022▲ +27%
Expenses
$853K
FY2022▲ +22%
Total assets
$2.8M
FY2022▲ +16%
Total liabilities
$1.4M
FY2022▼ -0.8%
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$853K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$400K
Total assetsPt X · Ln 16$2.8M
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBerkeley Chess School
EINHdr · item D94-3225242
Principal addressHdr · item CBerkeley, CA
WebsiteHdr · item Jwww.berkeleychessschool.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N99)
Ruling yearIRS BMFNov 1995

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$98,600Pt VII · Sec A
$82,495Pt VII · Sec A
$25,500Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Elizabeth Shaughnessy’s $100K as President is at the 92nd percentile of top reported officer pay among 1022 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Elizabeth Shaughnessy$100,000$100,150$98,600$100,200$92,000
Stephen Shaughnessy$87,209$81,779$82,495$60,175$73,612
Roger Poehlmann$12,467$20,315$25,500$30,075$24,404

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $687K of program spending, described in the organization's own filed words · FY2022.
01

The Berkeley Chess School offers chess instruction to over 3,000 children in over 70 schools throughout Northern California. Established in 1982 by Elizabeth Shaughnessy, former Irish Women's Chess Champion and former president of the Berkeley School Board, the Berkeley Chess School has introduced the joy of chess to thousands of Bay…

$687Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$793K · 63%
Contributions & grants$452K · 36%
Investment income$8K · 1%
Program service revenue63%$793K
Contributions & grants36%$452K
Investment income1%$8K
— government grantsLn 1e$267K
Total revenueLn 12$1.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.14 Fundraising $0.06
Program services81%$687K
Management & general14%$116K
Fundraising6%$50K
Total functional expensesLn 25$853K

Balance Sheet

Part X · end of year
CashLn 1$946K
Total assetsLn 16$2.8M
Total liabilitiesLn 26$1.4M
Total net assetsLn 32$1.5M
Months of cash on handcomputed13.3

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $946K · Operating expenses/yr $853K
13.3 months
Where the money goes
Program services
Program services $687K · Total expenses $853K
81%
Management & General
Management & general $116K · Total expenses $853K
14%
Fundraising
Fundraising $50K · Total expenses $853K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $48K · Solicited contributions (3-yr avg) $154K
$0.31 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $452K · Total revenue $1.3M
36%
Government reliance
Government grants $267K · Total revenue $1.3M
21%
Earned-income share
Program service revenue $793K · Total revenue $1.3M
63%
Investment reliance
Investment income $8K · Total revenue $1.3M
+0.7%
Program self-sufficiency
Program service revenue $793K · Total expenses $853K
93%
Growth & trend
Revenue growth (YoY)
This year $1.3M · Prior year $983K
+27%
Net-asset trend (YoY)
End of year $1.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.3M · Expenses $853K
+32%
Liabilities-to-Assets
Total liabilities — · Total assets $2.8M
Net-asset ratio
Net assets $1.5M · Total assets $2.8M
52%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $2.8M
0%
People & payroll
Highest Reported Total Compensation
Individual Elizabeth Shaughnessy · Reported title President · Highest reported compensation $99K · Total expenses $853K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $603K · Total expenses $853K
71%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 14%
Fundraising cost ratio 11%
Revenue growth 27%
Investment management fee ratio 0%
Legal fee ratio 0.2%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$24K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$951K revenue · ⤓ 990 PDF
FY2023$1.0M revenue · ⤓ 990 PDF
FY2022$1.3M revenue · viewing · ⤓ 990 PDF
FY2021$983K revenue · ⤓ 990 PDF
FY2020$864K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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