South Shore Chess, Inc. - PDF Free Download

South Shore Chess, Inc. General Information Contact Information Nonprofit South Shore Chess, Inc. Address 10971 Elmont Woods Drive Glen Allen, VA 23059 6347 Phone 857 8881531 Web Site http://southshorechessinc.wixsite.com/sscinc Facebook facebook.com/ Twitter @ At A Glance Year of Incorporation 2014 Organization's type of tax exempt status Name of supporting organization Public Supported Charity South Shore Chess Inc. 1

Statements & Search Criteria Mission Our mission is to promote the game of chess to the community and to provide a non-discriminatory educational and social environment where chess can be played, taught, studied and enjoyed by all. Background South Shore Chess Inc. formed by Daniel Racine in 2010 as Quincy Chess Club primarily to serve the Quincy, Massachusetts, community with a place to meet, study, teach, and play chess. For two years, Quincy Chess Club met every week at a local supermarket and increased its membership to over one hundred members. As word spread about the success of the club, Mr. Racine was contacted by the Turner Free Library of Randolph, Massachusetts, with the request to start a scholastic chess program. After Randolph Scholastic Chess Club was formed in 2012 and gained popularity, Mr. Racine created the nonprofit organization, South Shore Chess, in order to encompass both clubs that he was running simultaneously. The organization was deemed a 501(c)(3) nonprofit educational organization by the IRS in 2014. In 2014, South Shore Chess was awarded a grant from the Staples, Inc. Foundation for its work with the children of the Randolph, Massachusetts. Thanks to funding from the Staples Foundation, chess equipment, chess books were purchased, and funding for scholastic chess tournaments were established.since relocating to Virginia, the before mentioned chess clubs are still running today. Daniel Racine's next project is to bring a children's chess program to his new home of Richmond, Virginia. Impact Our organization has two free chess programs that were start up several years ago and are still running in the Greater Boston, Massachusetts area. The South Shore Chess Club meets in Quincy, Massachusetts, and serves the communities south of Boston. The Randolph Chess Club is located at the city of Randolph's Turner Free Public Library and is a dedicated children's chess program. For the current year, we are creating a children's program in Richmond called CheckMates of Greater Richmond which will begin once the new school season starts in September 2017. This program will be free and all children from grades K-6 are welcome. CheckMates of Greater Richmond will be free to all and will be hosted at the Richmond Public Library. The directors of South Shore Chess Inc. are personally paying for the startup and operational and other costs with running this new chess program. Needs Since the inception or our organization, the directors of South Shore Chess Inc. have completely funded our non profit. Since our chess programs are free, we have not received any income nor membership fees. It is at this time, with our third free chess program, that our organization seeks funding to support our newest program, CheckMates of Greater Richmond. Our directors are not compensated and they have given much of their own savings already to keep our chess programs running. As a result, our organization seeks as much funding as allowed in order to start new chess programs, operate chess programs, purchase equipment, and to give the children of Richmond the best possible learning, social, and fun environment. CEO/Executive Director Statement South Shore Chess is a 501(c)(3) nonprofit with a primary purpose to give back to and improve the community, with particular a focus on children, through chess. Our programs are free to join. Our leadership receives no payment for these services and is dedicated to giving back to others. 2

Board Chair Statement As President and Founder of South Shore Chess, I started the original chess club, South Shore Chess Club, as my way of giving back to my community. My dad taught me the basics of chess when I was young boy. In the 6th grade, my public school in Barnegat, NJ, starting teaching chess in the classroom and also had an after school chess club which I loved to be part of. My high school did not have a chess club, so I started my very first community chess club when I was 16 years old in Southern NJ. When I attended Northeastern University in Boston, Massachusetts, I was a member and later became President of their Chess Club. After college, I worked many hours in my career in the financial world and after years of hard work and becoming established in the workforce, I decided to start and finance the South Shore Chess Club from the ground up as a way to give back to the community. Chess has given me many skills since I was a boy (such as improved critical thinking, increased math and reading ability, improved problem solving, sportsmanship, making friends, and more) that I have used in my later education years and in my career and in my social life. As a result, I knew that I wanted to give back to others through chess and wanted to make it a free organization so that all children and adults could be a part of it. I strongly believe that children who are introduced to chess will also obtain a multitude of skills that they will take with them for the rest of their lives. This is why I started South Shore Chess Inc. nonprofit and hope the organization and its programs will continue to have a positive impact in the community. Areas Of Service Areas Served Areas Metro Richmond Service Categories Educational Services Youth Community Service Clubs Citizen Participation 3

Programs Programs CheckMates of Greater Richmond Description The goal of CheckMates is to teach children in grades K-6 the game of chess. As children master the game, they have the opportunity to advance in skill level and learn more advanced chess. Through the game of chess, CheckMates strives to help kids succeed in school and also help them become productive members of society. The program also has a goal of turning the beginning level student into a competitive, tournament level player. Through the CheckMates program, students will be able to compete in scholastic chess tournaments across the state and ultimately, the Virginia State Scholastic Championship. As a startup to the Richmond area, CheckMates of Greater Richmond will require startup funds for such things as purchasing chess equipment, boards, pieces, chess clocks, books, tables, chairs, teaching board, and other teaching tools). The program will also need operating funds to keep the program going and for the benefit of the students. Budget $17,000.00 Strategy Long term Success Short Term Success Yes For children of the Greater Richmond area grades K-6, the CheckMates program will offer a multitude of life long educational and social skills that few programs can offer. The program will be open to all children and will be free so that every child has the opportunity to be part of it. Our program is unique in that a child need not come from a wealthy family, or be the fastest runner, or tallest in her class to be part of our program. Our ultimate success is based on the success of our students. By the end of 2017, our short term success would be to have CheckMates up and running with a full student participation rate. 4

Board & Governance Board Chair Board Chair Mr Daniel C Racine Company Affiliation retired Term Dec 2016 to Dec 2021 Email southshorechessinc@gmail.com Board Members Name Affiliation Status Mr. Daniel C Racine Retired Voting Mr. Eugene J Racine retired Voting Ms. Jill Starbard Accenture Voting Board Demographics - Ethnicity African American/Black 0 Asian American/Pacific Islander 0 Caucasian 3 Hispanic/Latino 0 Native American/American Indian 0 Other 0 0 Board Demographics - Gender Male 2 Female 1 Unspecified 0 Governance Board Term Lengths 5 Board Term Limits 0 Board Meeting Attendance % 100 Written Board Selection Criteria? Written Conflict of Interest Policy? Percentage Making Monetary Contributions 100 Percentage Making In-Kind Contributions 100 Number of Full Board Meetings Annually 4 5

Management Executive Director/CEO Executive Director Term Start Dec 2016 Email Mr Daniel C Racine southshorechessinc@gmail.com Experience The Executive Director, Daniel Racine, has had over 28 years of experience being part of chess clubs, playing chess, and creating and running chess clubs. Co-CEO Term Start Dec 2016 Staff Full Time Staff 0 Part Time Staff 0 Volunteers 3 Contractors 0 Retention Rate 100 Plans Organization has a Fundraising Plan? Organization has a Strategic Plan? Years Strategic Plan Considers Management Succession Plan? Organization Policy and Procedures Whistleblower Policy Document Destruction Policy N/A No No 6

Financials Fiscal Year Dec Fiscal Year 2017 Projected Revenue $17,000.00 Projected Expenses $17,000.00 Endowment Value 0 Spending Policy N/A Percentage (if selected) 0% Form 990s Form 990-N Form 990-N Form 990-N Form 990-N Detailed Financials Revenue and Expenses Total Revenue -- -- -- Total Expenses -- -- -- Revenue Sources Foundation and Corporation -- -- -- Contributions Government Contributions $0 $0 $0 Federal State Local Unspecified Individual Contributions -- -- -- Indirect Public Support -- -- -- Earned Revenue -- -- -- Investment Income, Net of Losses -- -- -- Membership Dues -- -- -- Special Events -- -- -- Revenue In-Kind -- -- -- Other -- -- -- 7

Expense Allocation Program Expense -- -- -- Administration Expense -- -- -- Fundraising Expense -- -- -- Payments to Affiliates -- -- -- Total Revenue/Total Expenses -- -- -- Program Expense/Total Expenses -- -- -- Fundraising Expense/Contributed Revenue -- -- -- Assets and Liabilities Total Assets -- -- -- Current Assets -- -- -- Long-Term Liabilities -- -- -- Current Liabilities -- -- -- Total Net Assets -- -- -- Short Term Solvency Current Ratio: Current Assets/Current Liabilities -- -- -- Long Term Solvency Long-Term Liabilities/Total Assets -- -- -- Top Funding Sources Top Funding Source & Dollar Amount -- -- -- Second Highest Funding Source & Dollar -- -- -- Amount Third Highest Funding Source & Dollar Amount -- -- -- Capital Campaign Currently in a Capital Campaign? Yes Campaign Purpose To start and run the CheckMates children program. Goal 0 Dates May 2017 to Dec 2017 Amount Raised To Date 0 as of May 2017 Capital Campaign Anticipated in Next 5 Years? Yes State Charitable Solicitaions Permit Permit? Exempt June 2018 Registration Yes June 2018 8