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Nonprofit · EIN 83-0787089

SORSBY FOUNDATION

Also known as A STEP AHEAD

Tax-exempt · HAZEL CREST, IL 60429

Financials

$325K$280K2023$318K$375K2024
Revenue Expenses · by fiscal year end
Financials of SORSBY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$318,111$375,151-$57,040$21,195$18,552$2,643
June 30, 2024990$324,812$279,880$44,932$60,945$2,447$58,498
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$106,730
Program service revenue
$211,380
Investment income
$1
Other revenue
$0

Expenses

Grants and similar amounts paid
$353
Compensation of officers, directors and key employees
$77,539
Other salaries and wages
$48,629
Salaries, compensation and benefits (total)
$136,449
Professional fundraising fees
$0
Legal fees
$2,095
Accounting fees
$7,600
Occupancy
$909
Travel
$49,523
Program services (functional)
$263,813
Management and general (functional)
$111,338

Balance sheet and other

Total assets, start of year
$60,945
Total assets, end of year
$21,195
Total liabilities, end of year
$18,552
Net assets, end of year
$2,643
Gross receipts
$318,111
Employees
5
Volunteers
113
Year formed
2018
State of legal domicile
IL

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
SHAWN SORSBYSECRETARY
Trustee or director, Highest-paid employee
0$77,539
CHANDIA SORSBYCHAIR
Trustee or director, Officer
0$0
SHRONDA SMITHMEMBER
Trustee or director
0$0
DANGLE MARTINVICE CHAIR
Trustee or director, Officer
0$0
JENS UMEHAGTREASURER
Trustee or director, Officer
0$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
SHRONDA SMITHMEMBER
Trustee or director
0$0
DANGLE MARTINVICE CHAIR
Trustee or director, Officer
0$0
JENS UMEHAGTREASURER
Trustee or director, Officer
0$0
CHANDIA SORSBYCHAIR
Trustee or director, Officer
0$0
SHAWN SORSBYSECRETARY
Trustee or director, Officer
0$0

Address and contacts

Address (IRS master file)
18664 GOLFVIEW DR, HAZEL CREST, IL 60429-2420
In care of
% SHAWN SORSBY
Mailing address (990-N for 2020)
1624 Markey Lane, Flossmoor IL 60422
Principal officer (990-N for 2020)
Shawn Sorsby, 1624 Markey Lane, Flossmoor IL 60422
Signed the 990
SHAWN SORSBY, DIRECTOR
Phone
(312) 544-9870
Return prepared by
KERRY VAN ISOM & ASSOCIATES INC

Mission

PROVIDING YOUTH CHESS LESSONS ON AND OFF THE BOARD

990 for the year ended June 30, 2025

Program accomplishments

  • WE PROVIDE CHESS LESSONS AND CHESS TOURNAMENTS FOR YOUTH AND YOUNG ADULTS. WE ALSO PROVIDE WORKFORCE AND LEADERSHIP DEVELOPMENT OPPORTUNITIES FOR YOUNG ADULTS WHO ARE ASPIRING CHESS COACHES.
    Expenses $263,813

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
83-0787089
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$21,195
Income (IRS master file)
$318,111

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$318,111$375,151$21,195XML
990June 2024$324,812$279,880$60,945XML
990June 2022$117,114$105,411$11,703IRS
990-N for 2020
Officer: Shawn Sorsby
June 30, 2021≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Shawn Sorsby
June 30, 2020≤ $50,000 receipts––e-Postcard
990-N for 2018
Officer: Shawn Sorsby
June 30, 2019≤ $50,000 receipts––e-Postcard

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 83-0787089).

Questions about SORSBY FOUNDATION

What is the EIN of SORSBY FOUNDATION?
The employer identification number (EIN) of SORSBY FOUNDATION is 83-0787089.
Is SORSBY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to SORSBY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SORSBY FOUNDATION 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 SORSBY FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SORSBY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of SORSBY FOUNDATION?
The 990-N for 2020 names Shawn Sorsby.
Who are the officers and directors of SORSBY FOUNDATION?
The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $77,539 (SHAWN SORSBY, SECRETARY).
How much revenue does SORSBY FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $318,111, expenses of $375,151 and total assets of $21,195 at year end.

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