Inner Compass Initiative Inc
- Assets
- $417.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- West Hartford, CT
- Founding
- 06/2016
- Data as of
- 12/2021
- EIN
- 81-1737348
Organization Overview
Inner Compass Initiative Inc is located in West Hartford, CT. The organization was established in 2016. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inner Compass Initiative 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, Inner Compass Initiative Inc generated $171.1k 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 (7.3%) each year. All expenses for the organization totaled $176.0k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THE PRIMARY WORK OF INNER COMPASS INITIATIVE OVER THE PAST YEAR HAS BEEN TO DEVELOP, DESIGN AND THEME TWO INTERCONNECTED WEBSITES AND TO POPULATE EACH WITH WRITTEN CONTENT. THE INNER COMPASS INITIATIVE WEBSITE PROVIDES PEOPLE WITH GENERAL INFORMATION AND RESOURCES REGARDING PSYCHIATRIC DRUGS, PSYCHIATRIC DIAGNOSES, PSYCHIATRIC RESEARCH, AND THE MENTAL HEALTH SYSTEM. THE WITHDRAWAL PROJECT SITE PROVIDES PEOPLE WITH NON-PROFESSIONAL, LAYPERSON INFORMATION AND RESOURCES ABOUT PSYCHIATRIC DRUG WITHDRAWAL AND NON-MEDICATION ALTERNATIVES FOR ADDRESSING MENTAL AND EMOTIONAL DISTRESS. THESE WEBSITES ALSO PROVIDE TWO NETWORKING PLATFORMS THAT ENABLE INDIVIDUALS AROUND THE WORLD TO FIND AND CONNECT WITH ONE ANOTHER BASED ON GEOGRAPHICAL LOCATION, INTEREST, AND NEED, IN ORDER TO FACILITATE LOCAL CONNECTIONS AND IN-PERSON GRASSROOTS COMMUNITY BUILDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Delano Davis President | 40 | $60,833 | |
John Case Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $171,009 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $96 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $171,105 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $66,669 |
| Professional fees and other payments to independent contractors | $89,621 |
| Occupancy, rent, utilities, and maintenance | $1,602 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,127 |
| Total expenses | $176,019 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $417,944 |
| Other assets | $0 |
| Total assets | $417,944 |
| Total liabilities | $12,663 |
| Net assets or fund balances | $405,281 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Inner Compass Initiative Inc has recieved totaling $100,400.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $100,000 |
Aegis Foundation Inc East Rutherford, NJ PURPOSE: EMPLOYEE MATCH | $247 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $153 |
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