Compasspoint Mentorship
- Assets
- $108.9k
- Revenue
- $345.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Sunnyvale, CA
- Founding
- 05/2014
- Data as of
- 12/2023
- EIN
- 46-2389059
Organization Overview
Compasspoint Mentorship is located in Sunnyvale, CA. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Compasspoint Mentorship is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO EMPOWER CHILDREN GLOBALLY BY FOSTERING INNOVATION IN EDUCATION AND MENTORSHIP. WE INSPIRE YOUTH TO TRANSFORM IDEAS INTO IMPACTFUL ACTIONS FOCUSING ON PUBLIC ART STEM ENVIRONMENTAL SCIENCE AND CULTURAL EVENTS. THROUGH BOTH ONLINE AND HANDS-ON LEARNING WE CULTIVATE CRITICAL THINKING AND SOCIAL IMPACT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMPASSPOINT MENTORSHIP SUMMER CAMP IN SAN JOSE NOW IN ITS FOURTH YEAR OFFERS A DYNAMIC FIVE-WEEK PROGRAM TO MORE THAN 45 UNDERSERVED YOUTH EACH YEAR FROM THE LOCAL AREA AT NO COST. THIS CAMP FOSTERS YOUNG LEADERS THROUGH A VARIETY OF ACTIVITIES INCLUDING ROBOTICS AVIATION SWIMMING ENVIRONMENTAL EDUCATION AND MORE. EACH ACTIVITY IS DESIGNED TO PROMOTE CREATIVITY TEAMWORK AND PERSONAL GROWTH ENSURING PARTICIPANTS GAIN VALUABLE SKILLS AND EXPERIENCES THAT IMPACT THEM AND THEIR COMMUNITIES POSITIVELY.
CURRENTLY WE OFFER VIOLIN AND BAND CLASSES ACROSS VARIOUS SCHOOLS INCLUDING HAPPY MOZART MUSIC SCHOOL. WE ARE EXCITED TO ANNOUNCE THE EXPANSION OF OUR PROGRAM TO FURTHER SERVE UNDERSERVED YOUTH AT NO COST. STARTING IN THE 2023-2024 SCHOOL YEAR WE PLAN TO INCLUDE GEORGE MAYNE ELEMENTARY SCHOOL IN ALVISO IN OUR INITIATIVE. THIS EXPANSION AIMS TO PROVIDE EQUITABLE ACCESS TO MUSIC EDUCATION FOSTERING BOTH ARTISTIC EXPRESSION AND PERSONAL DEVELOPMENT AMONG STUDENTS IN NEED.
THE YOUTH COMMITTEE AT COMPASSPOINT MENTORSHIP ACTIVELY SUPPORTS A RANGE OF COMMITTEES AND SPECIAL PROJECTS DESIGNED TO ENRICH AND EMPOWER YOUNG INDIVIDUALS IN DIVERSE FIELDS. THE COMMITTEES INCLUDE DATA SCIENCE FOR SOCIAL JUSTICE WHICH USES DATA ANALYSIS TO ADDRESS INEQUITIES AND HAS NOTABLY SUPPORTED THE ALVISO ENVIRONMENTAL IMPACT INITIATIVE WITH BACKING FROM THE SILICON VALLEY COMMUNITY FOUNDATION SVCF. THIS PARTICULAR PROJECT FOCUSES ON ASSESSING AND MITIGATING ENVIRONMENTAL CHALLENGES IN THE ALVISO AREA. OTHER COMMITTEES ARE PUBLIC ART ENHANCING COMMUNITY SPACES; HISTORY AND CULTURE CELEBRATING LOCAL HERITAGE; AND WELLNESS PROMOTING HEALTH. SPECIAL PROJECTS INCLUDE INTERNSHIP SUPPORT FOR BART AND STEM-RELATED PROJECTS LIKE MARSB ENGAGING YOUTH IN ADVANCED SCIENTIFIC EXPLORATIONS. THESE COMBINED EFFORTS AIM TO EQUIP YOUNG INDIVIDUALS WITH THE TOOLS TO CREATIVELY AND EFFECTIVELY TACKLE FUTURE SOCIETAL CHALLENGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Liu Executive Director | OfficerTrustee | 0 | $70,000 |
Yi-Ju Chen Development Director | Trustee | 0 | $0 |
Rebecca Lin Managing Director | Trustee | 0 | $0 |
Allen Yao Youth Program Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $44,227 |
| All other contributions, gifts, grants, and similar amounts not included above | $271,484 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $315,711 |
| Total Program Service Revenue | $30,226 |
| 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 | $345,937 |
| 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. | $70,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $78,926 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $4,575 |
| Fees for services: Legal | $3,500 |
| Fees for services: Accounting | $4,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,264 |
| Advertising and promotion | $3,750 |
| Office expenses | $25,057 |
| Information technology | $1,750 |
| Royalties | $0 |
| Occupancy | $9,000 |
| Travel | $8,276 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,725 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,460 |
| All other expenses | $0 |
| Total functional expenses | $259,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,912 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $108,912 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $108,912 |
| 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 | $108,912 |