Compass Youth Collaborative Inc
- Assets
- $2.8m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 25
- Location
- Hartford, CT
- Founding
- 07/2001
- Data as of
- 06/2022
- EIN
- 31-1768549
Organization Overview
Compass Youth Collaborative Inc is located in Hartford, CT. The organization was established in 2001. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 06/2022, Compass Youth Collaborative Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Compass Youth Collaborative Inc 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 Youth Collaborative Inc generated $3.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $2.7m during the year ending 06/2022. While expenses have increased by 0.7% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL, RECREATIONAL, & CULTURAL ENRICHMENT ACTIVITIES TO YOUTH IN HARTFORD CT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EDUCATIONAL, RECREATIONAL, AND CULTURAL ENRICHMENT ACTIVITIES TO YOUTH IN HARTFORD CT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caitlin Elsaesser Director | Trustee | 1 | $0 |
Elizabeth Schwarz Director | Trustee | 1 | $0 |
John Cantillon Chairperson | OfficerTrustee | 1 | $0 |
Lily Lemay Bowen Director | Trustee | 1 | $0 |
Ojala Naeem Vice Chairperson | OfficerTrustee | 1 | $0 |
Paula Hill Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $65,483 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $929,848 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,418,640 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,413,971 |
| Total Program Service Revenue | $7,139 |
| 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 | $3,425,338 |
| 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. | $271,433 |
| Compensation of current officers, directors, key employees. | $1,640 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,268,317 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $74,969 |
| Payroll taxes | $129,570 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,402 |
| Fees for services: Accounting | $88,820 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $76,505 |
| Advertising and promotion | $6,047 |
| Office expenses | $84,883 |
| Information technology | $42,518 |
| Royalties | $0 |
| Occupancy | $118,153 |
| Travel | $51,692 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,151 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,622 |
| Insurance | $31,420 |
| All other expenses | $51,236 |
| Total functional expenses | $2,651,782 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,038,839 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $458,568 |
| 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 | $21,604 |
| Net Land, buildings, and equipment | $266,450 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,278 |
| Total assets | $2,786,739 |
| Accounts payable and accrued expenses | $132,541 |
| Grants payable | $0 |
| Deferred revenue | $10,232 |
| 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 | $0 |
| Total liabilities | $142,773 |
| Net assets without donor restrictions | $1,449,469 |
| Net assets with donor restrictions | $1,194,497 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,786,739 |