Baltimore Kids Chess League Inc

Baltimore Kids Chess League Inc shows consistent growth and strong financial health with no reported officer compensation.

EIN: 161682580 · Cockeysville, MD · NTEE: O50 · Updated: 2026-03-28

$169KRevenue

$147KAssets

92/100Mission Score (Excellent)

O50

About Baltimore Kids Chess League Inc

Baltimore Kids Chess League Inc (EIN: 161682580) is a nonprofit organization based in Cockeysville, MD, classified under NTEE code O50. The organization reported total revenue of $169K and total assets of $147K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Baltimore Kids Chess League Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Baltimore Kids Chess League Inc demonstrates consistent growth in revenue and assets over the past few years, indicating a healthy financial trajectory. For instance, revenue grew from $73,700 in 2020 to $199,580 in 2023, and assets increased from $22,628 to $101,807 in the same period. The organization consistently reports zero liabilities, which is a strong indicator of financial stability and responsible management. This suggests the organization is not burdened by debt and maintains a solid financial foundation.

The organization's spending efficiency appears strong, with expenses generally tracking below or close to revenue, allowing for asset accumulation. A key aspect of their financial health is the reported 0% officer compensation across all available filings, which suggests a volunteer-driven leadership or very modest compensation not categorized as officer pay, contributing to more funds being available for programs. This practice enhances donor confidence and indicates a high degree of dedication to the mission.

Transparency is high given the consistent filing of IRS Form 990s and the clear financial data provided. The absence of liabilities and officer compensation further simplifies the financial picture, making it easy for stakeholders to understand how funds are managed. The consistent growth and prudent financial management, coupled with the lack of executive compensation, paint a picture of a well-managed and mission-focused nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Baltimore Kids Chess League Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Baltimore Kids Chess League Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that leadership is either entirely volunteer-based or compensated through other means not classified as officer pay, which is highly favorable for program spending.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Baltimore Kids Chess League Inc:

Consistent revenue growth (e.g., $73,700 in 2020 to $199,580 in 2023).
Zero reported liabilities across all filings.
0% officer compensation, indicating high dedication to mission and efficient use of funds.
Consistent asset growth (e.g., $22,628 in 2020 to $101,807 in 2023).
Expenses generally track below or close to revenue, allowing for asset accumulation.

Frequently Asked Questions about Baltimore Kids Chess League Inc

Is Baltimore Kids Chess League Inc a good charity?

Based on the provided financial data, Baltimore Kids Chess League Inc appears to be a very good charity. It demonstrates consistent revenue and asset growth, maintains zero liabilities, and reports 0% officer compensation, indicating strong financial health and a high dedication to its mission.

How has the organization's revenue trended over the past few years?

The organization has shown significant revenue growth, increasing from $73,700 in 2020 to $199,580 in 2023, indicating expanding operations and support.

What is the organization's liability situation?

Baltimore Kids Chess League Inc consistently reports $0 in liabilities across all available filings, which is an excellent indicator of financial stability and responsible management.

Filing History

IRS 990 filing history for Baltimore Kids Chess League Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Baltimore Kids Chess League Inc's revenue has grown by 24.9%, moving from $160K to $200K. Total assets increased by 4.2% over the same period, from $98K to $102K. Total functional expenses rose by 23.1%, from $135K to $167K. In its most recent filing year (2023), Baltimore Kids Chess League Inc reported a surplus of $33K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$200K	$167K	$102K	$0	—	View 990
2022	$160K	$132K	$69K	$0	—	View 990
2021	$125K	$113K	$41K	$0	—	View 990
2020	$74K	$92K	$23K	$0	—	View 990
2019	$79K	$114K	$29K	$0	—	View 990
2018	$123K	$120K	$64K	$0	—	View 990
2017	$0	$0	$1	$0	—	View 990
2016	$129K	$128K	$69K	$0	—	View 990
2015	$132K	$134K	$67K	$0	—	View 990
2014	$104K	$124K	$95K	$0	—	View 990
2013	$123K	$122K	$115K	$0	—	View 990
2012	$157K	$130K	$113K	$0	—	View 990
2011	$115K	$127K	$86K	$0	—	View 990
2010	$160K	$135K	$98K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $200K, expenses of $167K, and assets of $102K (revenue +25.0% year-over-year).
2022: Revenue of $160K, expenses of $132K, and assets of $69K (revenue +27.6% year-over-year).
2021: Revenue of $125K, expenses of $113K, and assets of $41K (revenue +69.8% year-over-year).
2020: Revenue of $74K, expenses of $92K, and assets of $23K (revenue -6.3% year-over-year).
2019: Revenue of $79K, expenses of $114K, and assets of $29K (revenue -36.1% year-over-year).
2018: Revenue of $123K, expenses of $120K, and assets of $64K.
2017: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
2016: Revenue of $129K, expenses of $128K, and assets of $69K (revenue -1.9% year-over-year).
2015: Revenue of $132K, expenses of $134K, and assets of $67K (revenue +26.3% year-over-year).
2014: Revenue of $104K, expenses of $124K, and assets of $95K (revenue -15.6% year-over-year).
2013: Revenue of $123K, expenses of $122K, and assets of $115K (revenue -21.5% year-over-year).
2012: Revenue of $157K, expenses of $130K, and assets of $113K (revenue +36.1% year-over-year).
2011: Revenue of $115K, expenses of $127K, and assets of $86K (revenue -27.7% year-over-year).
2010: Revenue of $160K, expenses of $135K, and assets of $98K.

Data Sources and Methodology

This transparency report for Baltimore Kids Chess League Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.