Compass Ministries Inc is located in Tampa, FL. The organization was established in 2014. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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 Ministries 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 12/2023, Compass Ministries Inc generated $146.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $161.0k during the year ending 12/2023. While expenses have increased by 21.1% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OUR ORGANIZATION HAS ASSISTED MORE THAT 332 MISSIONARY FAMILIES TO REACCLIMATE TO LIFE IN AMERICA AFTER LONG TERM MISSIONARY SERVICE IN HIGH RISK AND CLOSED COUNTRIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ronaldo Lacuesta Executive Directorregistered Agent | 40 | $12,000 | |
John Duff President | 0 | $0 | |
James Reed Member | 0 | $0 | |
Lee Jones Treasurer | 0 | $0 | |
Cindy Duff Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $88,931 |
Total Program Service Revenue | $16,000 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $24,478 |
Other Revenue | $16,836 |
Total Revenue | $146,245 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $92,515 |
Professional fees and other payments to independent contractors | $5,828 |
Occupancy, rent, utilities, and maintenance | $38,873 |
Printing, publications, postage, and shipping | $8,833 |
Other expenses | $14,971 |
Total expenses | $161,020 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $35,364 |
Other assets | $0 |
Total assets | $39,201 |
Total liabilities | $301 |
Net assets or fund balances | $38,900 |