Compass Montessori Secondary School
- Assets
- $7.4m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Golden, CO
- Founding
- 10/2009
- Data as of
- 06/2022
- EIN
- 26-0051032
Organization Overview
Compass Montessori Secondary School is located in Golden, CO. The organization was established in 2009. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Compass Montessori Secondary School 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 06/2022, Compass Montessori Secondary School generated $5.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $3.2m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FORM 990 - ORGANIZATION'S MISSION COMPASS MONTESSORI GOLDEN IS A PK-12 CHARTER SCHOOL THAT USES THE MONTESSORI PHILOSOPHY TO PROVIDE A POSITIVE LEARNING EXPERIENCE FOR ITS STUDENTS. THE SCHOOL USES MULTI-AGE CLASSROOMS WITH CHILDREN ACTING AS BOTH STUDENTS AND INSTRUCTORS. THE SELF-PACED CURRICULUM ENCOURAGES INDEPENDENCE AND PROBLEM SOLVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM EXPENSES INCLUDE ALL COSTS NECESSARY TO OPERATE A PK-12 CHARTER SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Stamps President | OfficerTrustee | 2 | $0 |
Gina Steffens Lubno Vice President | OfficerTrustee | 2 | $0 |
Michael Deru Treasurer | OfficerTrustee | 2 | $0 |
Amanda Burma Secretary | OfficerTrustee | 2 | $0 |
Janka Bernard At Large | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $235,576 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,339 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $260,915 |
| Total Program Service Revenue | $4,685,018 |
| 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 | $5,387,705 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,522,933 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | -$706,966 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,578 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,344 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $56,797 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,378 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $196,498 |
| Insurance | $15,130 |
| All other expenses | $111,815 |
| Total functional expenses | $3,231,793 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,272,062 |
| Savings and temporary cash investments | $253,055 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,657 |
| Net Land, buildings, and equipment | $3,645,329 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,251,229 |
| Total assets | $7,431,332 |
| Accounts payable and accrued expenses | $15,652 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,326,147 |
| Total liabilities | $7,341,799 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $89,533 |
| Total liabilities and net assets/fund balances | $7,431,332 |