Wisconsin Scholastic Chess Federation
Wisconsin Scholastic Chess Federation operates with volunteer leadership and fluctuating but generally stable finances.
EIN: 201197133 · Mequon, WI · NTEE: N70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $107K |
| Total Expenses | $104K |
| Program Spending | 85% |
| Net Assets | $5K |
| Transparency Score | 85/100 |
Is Wisconsin Scholastic Chess Federation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wisconsin Scholastic Chess Federation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wisconsin Scholastic Chess Federation
Wisconsin Scholastic Chess Federation (EIN: 201197133) is a nonprofit organization based in Mequon, WI, classified under NTEE code N70. The organization reported total revenue of $107K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wisconsin Scholastic Chess Federation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wisconsin Scholastic Chess Federation is a small nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $97K |
| Total Expenses | $104K |
| Surplus / Deficit | $-7,141 |
| Total Assets | $7K |
| Total Liabilities | $1K |
| Net Assets | $5K |
| Operating Margin | -7.4% |
| Debt-to-Asset Ratio | 21.0% |
| Months of Reserves | 0.8 months |
Financial Health Grade: C
In 2023, Wisconsin Scholastic Chess Federation reported a deficit of $7K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 21.0% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Wisconsin Scholastic Chess Federation's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +269.1% | +680.0% | -50.5% |
| 2022 | +61.9% | +177.6% | +133.1% |
| 2021 | -77.5% | -93.7% | +341.0% |
| 2019 | +5.1% | +7.5% | -79.2% |
| 2018 | -22.3% | -16.0% | -29.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wisconsin Scholastic Chess Federation with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Wisconsin Scholastic Chess Federation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 21.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization is run by volunteer leadership, which is highly efficient for an organization of its size.
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.
Red Flags
The following concerns were identified during AI analysis of Wisconsin Scholastic Chess Federation's IRS 990 filings:
- Occasional operating deficits (e.g., $7,141 deficit in 202306)
- Fluctuating revenue and asset levels year-to-year
Strengths
The following positive indicators were identified for Wisconsin Scholastic Chess Federation:
- Consistent 0% officer compensation, indicating volunteer leadership
- Significant reduction in liabilities over time (from $24,501 in 201706 to $1,461 in 202306)
- Long history of IRS 990 filings, demonstrating transparency and compliance
- Strong program focus given the volunteer leadership structure
Frequently Asked Questions about Wisconsin Scholastic Chess Federation
Is Wisconsin Scholastic Chess Federation a legitimate charity?
Wisconsin Scholastic Chess Federation (EIN: 201197133) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $107K. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Wisconsin Scholastic Chess Federation spend its money?
Wisconsin Scholastic Chess Federation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Wisconsin Scholastic Chess Federation tax-deductible?
Wisconsin Scholastic Chess Federation is registered as a tax-exempt nonprofit (EIN: 201197133). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wisconsin Scholastic Chess Federation's spending goes to programs?
Wisconsin Scholastic Chess Federation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wisconsin Scholastic Chess Federation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Wisconsin Scholastic Chess Federation is above average for NTEE category N70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wisconsin Scholastic Chess Federation located?
Wisconsin Scholastic Chess Federation is headquartered in Mequon, Wisconsin and files with the IRS under EIN 201197133. It is classified under NTEE code N70.
How many years of IRS 990 filings does Wisconsin Scholastic Chess Federation have?
Wisconsin Scholastic Chess Federation has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $107K in total revenue.
Is Wisconsin Scholastic Chess Federation financially stable?
The organization's financial stability has fluctuated, with some years showing deficits (e.g., 202306 with $96,931 revenue vs. $104,072 expenses) and others surpluses (e.g., 202206 with $26,259 revenue vs. $13,342 expenses). However, liabilities have significantly decreased from highs of over $20,000 in earlier years to $1,461 in 202306, suggesting improved financial management.
How does the organization manage its overhead?
The organization manages overhead very efficiently, primarily due to reporting 0% officer compensation across all filings, indicating a volunteer-led structure. This allows a greater proportion of funds to be directed towards program services.
What is the trend in the organization's assets?
Assets have varied, from a low of $311 in 201506 to a high of $14,030 in 202206, settling at $6,943 in 202306. This fluctuation is common for smaller nonprofits and reflects operational needs and timing of revenue/expenses.
Filing History
IRS 990 filing history for Wisconsin Scholastic Chess Federation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Wisconsin Scholastic Chess Federation's revenue has grown by 69.4%, moving from $57K to $97K. Total assets decreased by 32.9% over the same period, from $10K to $7K. Total functional expenses rose by 93%, from $54K to $104K. In its most recent filing year (2023), Wisconsin Scholastic Chess Federation reported a deficit of $7K, with expenses exceeding revenue. The organization holds $1K in liabilities against $7K in assets (debt-to-asset ratio: 21.0%), resulting in net assets of $5K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $97K | $104K | $7K | $1K | — | View 990 |
| 2022 | $26K | $13K | $14K | $1K | — | View 990 |
| 2021 | $16K | $5K | $6K | $6K | — | View 990 |
| 2019 | $72K | $76K | $1K | $23K | — | View 990 |
| 2018 | $69K | $71K | $7K | $23K | — | View 990 |
| 2017 | $88K | $84K | $9K | $25K | — | View 990 |
| 2016 | $57K | $62K | $4K | $24K | — | View 990 |
| 2015 | $53K | $63K | $311 | $18K | — | View 990 |
| 2014 | $64K | $65K | $8K | $14K | — | View 990 |
| 2013 | $81K | $83K | $9K | $14K | — | View 990 |
| 2012 | $50K | $47K | $5K | $1K | — | View 990 |
| 2011 | $57K | $54K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $97K, expenses of $104K, and assets of $7K (revenue +269.1% year-over-year).
- 2022: Revenue of $26K, expenses of $13K, and assets of $14K (revenue +61.9% year-over-year).
- 2021: Revenue of $16K, expenses of $5K, and assets of $6K (revenue -77.5% year-over-year).
- 2019: Revenue of $72K, expenses of $76K, and assets of $1K (revenue +5.1% year-over-year).
- 2018: Revenue of $69K, expenses of $71K, and assets of $7K (revenue -22.3% year-over-year).
- 2017: Revenue of $88K, expenses of $84K, and assets of $9K (revenue +54.0% year-over-year).
- 2016: Revenue of $57K, expenses of $62K, and assets of $4K (revenue +7.4% year-over-year).
- 2015: Revenue of $53K, expenses of $63K, and assets of $311 (revenue -16.6% year-over-year).
- 2014: Revenue of $64K, expenses of $65K, and assets of $8K (revenue -20.9% year-over-year).
- 2013: Revenue of $81K, expenses of $83K, and assets of $9K (revenue +62.6% year-over-year).
- 2012: Revenue of $50K, expenses of $47K, and assets of $5K (revenue -13.0% year-over-year).
- 2011: Revenue of $57K, expenses of $54K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wisconsin Scholastic Chess Federation:
Data Sources and Methodology
This transparency report for Wisconsin Scholastic Chess Federation 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.