Skip to main content

Nonprofit · EIN 26-3269678

AMERICAN CHESS ACADEMY

Tax-exempt (reinstated) · GLENDALE, CA 91206

Financials

$396K$337K2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN CHESS ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$396,148$336,891$59,257$135,302$0$135,302
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$118,550
Membership dues
$118,550
Program service revenue
$277,598
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$24,000
Other salaries and wages
$33,400
Salaries, compensation and benefits (total)
$61,952
Professional fundraising fees
$0
Travel
$10,500
Program services (functional)
$274,939
Management and general (functional)
$61,952

Balance sheet and other

Total assets, start of year
$76,045
Total assets, end of year
$135,302
Total liabilities, end of year
$0
Net assets, end of year
$135,302
Gross receipts
$396,148
Employees
0
Year formed
2008
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Armen AmbartsoumianPresident
Officer, Highest-paid employee
35$0
Tatev AbrahamyanDirector
Officer
10$0
Jerry YeeDirector
Officer
40$0
Melikset KhachiyanDirector
Officer
3$0

Address and contacts

Address (IRS master file)
411 N JACKSON ST UNIT 101, GLENDALE, CA 91206-5136
In care of
% ARMEN AMBARTSOUMIAN
Principal officer (990 for 2024)
Armen Ambartsoumian, 411 N Jackson St Apt 101, Glendale, CA 91206
Signed the 990
ARMEN AMBARTSOUMIAN, President
Phone
(818) 640-5974
Return prepared by
LA Tax Pros Inc

California records

California keeps its own records of charities and corporations. Search them by EIN 26-3269678 or by the name AMERICAN CHESS ACADEMY.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

Provided more than 300 students more than 4800 hours of instructional chess coaching. Expenses include tournament fees and travel expenses.

990 for the year ended December 31, 2024

Program accomplishments

  • Provided more than 300 students more than 4800 hours of instructional chess coaching. Expenses include tournament fees and travel expenses.
    Expenses $274,939 · revenue $277,598

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
26-3269678
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$135,302
Income (IRS master file)
$396,148

Revocation and reinstatement

Exemption revoked
May 15, 2023
Posted by the IRS
August 14, 2023
Reinstated
Effective May 15, 2023

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$396,148$336,891$135,302XML
990-EZDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3269678).

Questions about AMERICAN CHESS ACADEMY

What is the EIN of AMERICAN CHESS ACADEMY?
The employer identification number (EIN) of AMERICAN CHESS ACADEMY is 26-3269678.
Is AMERICAN CHESS ACADEMY tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective May 15, 2023.
Are donations to AMERICAN CHESS ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMERICAN CHESS ACADEMY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AMERICAN CHESS ACADEMY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERICAN CHESS ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AMERICAN CHESS ACADEMY?
The 990 for the year ended December 31, 2024 names Armen Ambartsoumian.
Who are the officers and directors of AMERICAN CHESS ACADEMY?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does AMERICAN CHESS ACADEMY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $396,148, expenses of $336,891 and total assets of $135,302 at year end.

Other nonprofits in GLENDALE

All nonprofits in GLENDALE · California · Recreation and sports