Compass Prep Inc

Organization Overview

Compass Prep Inc, operating under the name Compass Prep Academy, is located in Holly Springs, GA. The organization was established in 2007. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2024, Compass Prep Academy employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Compass Prep Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2024, Compass Prep Academy generated $400.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $381.1k during the year ending 06/2024. While expenses have increased by 1.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

NON-TRADITIONAL EDUCATION CENTER SERVING STUDENTS IN THE NORTH ATLANTA, GA AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LARGEST EXPENSE IS PROVIDING QUALITY TEACHERS/TUTORS FOR OUR NON-TRADITIONAL EDUCATIONAL CENTER.


SCHOOL SUPPLIES FOR STUDENTS.


BUILDING LEASE FOR THE USE OF CHURCH DURING THE 3 DAYS WE USE THE BUILDING.


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Board, Officers & Key Employees

Name (title)Compensation
Laura George
Founder/executive Director Of Board
$19,000
Micah George
Board Member
$0
Denise Rudolph
Director Of Academics
$32,212
Jim Rutherford
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$400,522
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $400,522

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