Foundation For Tennessee Chess
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 161,796 | 162,358 | −562 | 45.1 | 0% |
| 2012 | 183,355 | 164,153 | 19,202 | 46.0 | 0% |
| 2013 | 216,635 | 203,320 | 13,315 | 37.6 | 24% |
| 2014 | 214,171 | 221,309 | −7,138 | 34.2 | 30% |
| 2015 | 222,511 | 213,739 | 8,772 | 35.1 | 32% |
| 2016 | 271,895 | 249,807 | 22,088 | 30.8 | 31% |
| 2017 | 225,674 | 247,837 | −22,163 | 30.0 | 34% |
| 2018 | 249,529 | 237,698 | 11,831 | 32.2 | 37% |
| 2019 | 294,075 | 276,998 | 17,077 | 28.0 | 35% |
| 2020 | 165,441 | 192,796 | −27,355 | 38.7 | 51% |
| 2021 | 267,703 | 210,421 | 57,282 | 38.8 | 46% |
| 2022 | 323,762 | 338,714 | −14,952 | 23.1 | 37% |
| 2023 | 395,320 | 383,386 | 11,934 | 21.1 | 32% |
In its most recent public year (2023), this organization brought in $11,934 more than it spent. Its reserves stood at about 21.1 months of spending, down from 45.1 in 2011. Staff pay was 32% of spending. $163,917 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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