Compass Life Inc
- Assets
- $20.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Huntsville, AL
- Founding
- 02/2012
- Data as of
- 12/2021
- EIN
- 45-3848378
Organization Overview
Compass Life Inc is located in Huntsville, AL. The organization was established in 2012. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Compass Life 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 12/2021, Compass Life Inc generated $34.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.2%) each year. All expenses for the organization totaled $41.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Curt Worshek Founder & President | 10 | $0 | |
Anthony Darby Treasurer | 1 | $0 | |
Cari Worshek Secretary | 5 | $0 | |
Joe Pierce Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,669 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,669 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $37,979 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,273 |
| Total expenses | $41,252 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,655 |
| Other assets | $0 |
| Total assets | $20,655 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,655 |
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