Compass Education
- Assets
- $1.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hoover, AL
- Founding
- 04/2016
- Data as of
- 12/2022
- EIN
- 47-4557475
Organization Overview
Compass Education is located in Hoover, AL. The organization was established in 2016. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Compass Education 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 12/2022, Compass Education generated $88.1k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $119.5k during the year ending 12/2022. While expenses have increased by 15.4% per year over the past 2 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
2022
Describe the Organization's Program Activity:
Part 3
COMPASS EDUCATION SUPPORTS SCHOOLS TO DEVELOP GLOBAL CITIZENS THAT HAVE THE TOOLS AND MINDSETS TO THINK CIRITCALLY AND CONTRIBUTE POSITIVELY TO THEIR COMMUNITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Steele Director-President | 0 | $0 | |
Taylor Steele Director | 5 | $0 | |
Kate O'connell Director-Secretary | 5 | $0 | |
Lara Johnson Director-Treasurer | 5 | $0 | |
Watkana Thongrueng Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,099 |
| 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 | $88,099 |
| 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 | $106,565 |
| Occupancy, rent, utilities, and maintenance | $5,097 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,824 |
| Total expenses | $119,486 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,575 |
| Other assets | $0 |
| Total assets | $1,575 |
| Total liabilities | $37,678 |
| Net assets or fund balances | -$36,103 |