Compass Charter Schools
- Assets
- $14.5m
- Revenue
- $30.0m
- Investments
- $0.0
- Employees
- 223
- Location
- Thousand Oaks, CA
- Founding
- 06/2014
- Data as of
- 06/2021
- EIN
- 45-3643984
Organization Overview
Compass Charter Schools is located in Thousand Oaks, CA. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Compass Charter Schools employed 223 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Compass Charter Schools 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 06/2021, Compass Charter Schools generated $30.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $28.2m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WAS FORMED FOR THE PURPOSE OF OPERATION PUBLIC CHARTER SCHOOLS IN CALIFORNIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATED THREE (3) PUBLIC CHARTER SCHOOLS FOR STUDENTS IN GRADES K-12 IN CALIFORNIA IN THE COUNTIES OF SAN DIEGO, YOLO AND LOS ANGELES. THE ORGANIZATION OFFERS A CUSTOMIZED LEARNING PROGRAM FOR STUDENTS TO ENGAGE IN AN EXCEPTIONAL LEARNING EXPERIENCE THAT BLENDS INNOVATIVE ONLINE LEARNING WITH CRITICAL FACE-TO-FACE AND LAB TIME. STUDENTS LEARN BEST WHEN THEIR EDUCATION IS TAILORED TO THEIR SPEICIFIC NEEDS, WHICH IS WHY A KEY TENANT OF THE PHILOSOPHY AT COMPASS IS FLEXIBILITY. THE FLEXIBILITY OF BLENDING LEARNING PROVIDES CHOICE FOR STUDENTS. STUDENTS HAVE THE FLEXIBILITY TO PARTICIPATE IN A WIDE VARIETY OF EVENTS, ACTIVITIES, AND EXPERIENCES THAT ENHANCE THE LEARNING EXPERIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jj Lewis Superintendent & CEO | Officer | 40 | $166,557 |
Lisa Fishman Chief Financial Officer | Officer | 40 | $125,356 |
Aviva Ebner Chief Academic Officer | 40 | $112,386 | |
Debra Stephan Director Of Counseling | 40 | $102,500 | |
Bill Dennett Treasurer | OfficerTrustee | 2 | $0 |
Martin Suarez Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rainbow Resource Center Inc Curriculum | 6/29/21 | $302,315 |
Charter School Mgmt Corp Business Services | 6/29/21 | $180,000 |
K12 Management Inc Online Learning | 6/29/21 | $166,016 |
Strongmind Inc Digital Curriculum | 6/29/21 | $587,797 |
American Learning Centers Tutoring Services | 6/29/21 | $533,235 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $29,859,765 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,574 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,862,339 |
| Total Program Service Revenue | $32,948 |
| Investment income | $51,500 |
| 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 | $29,961,787 |
| 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. | $300,807 |
| Compensation of current officers, directors, key employees. | $60,221 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,231,600 |
| Pension plan accruals and contributions | $2,602,716 |
| Other employee benefits | $1,745,804 |
| Payroll taxes | $525,630 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $316,911 |
| Fees for services: Accounting | $9,280 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,240,145 |
| Advertising and promotion | $119,804 |
| Office expenses | $133,935 |
| Information technology | $742,501 |
| Royalties | $0 |
| Occupancy | $103,326 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $229 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $49,813 |
| All other expenses | $0 |
| Total functional expenses | $28,165,874 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,308,962 |
| Savings and temporary cash investments | $4,392,035 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,526,312 |
| 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 | $462,144 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $767,363 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,220 |
| Total assets | $14,467,036 |
| Accounts payable and accrued expenses | $2,908,382 |
| Grants payable | $0 |
| Deferred revenue | $821,744 |
| 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 | $3,730,126 |
| Net assets without donor restrictions | $10,736,910 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $14,467,036 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Compass Charter Schools has recieved totaling $10,229.
| Awarding Organization | Amount |
|---|---|
Grewal Charitable Foundation Waltham, MA PURPOSE: GENERAL CONTRIBUTION | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $229 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Magnolia Educational & Research Foundation Los Angeles, CA | $67,129,472 | $66,230,945 |
Panda Cares Foundation Inc Las Vegas, NV | $37,372,072 | $45,451,718 |
Xq Institute Oakland, CA | $14,589,368 | $51,717,404 |
Room To Read San Francisco, CA | $51,354,748 | $61,954,261 |
South Bay Workforce Investment Board Inc Hawthorne, CA | $7,623,488 | $36,083,167 |
Compass Charter Schools Thousand Oaks, CA | $14,467,036 | $29,961,787 |
New Teacher Center Santa Cruz, CA | $27,814,525 | $27,076,985 |
Alpha Public Schools Inc San Jose, CA | $20,794,542 | $26,321,038 |
Give To Learn To Grow Foundation Culver City, CA | $40,470 | $188,892 |
Live Oak A Learning Center For Children San Francisco, CA | $40,489,721 | $19,594,406 |
Biocomx Dana Point, CA | $308,692 | $15,969,949 |
Open Up Resources Menlo Park, CA | $29,661,554 | $16,279,319 |