Inner Compass Initiative Inc
- Assets
- $301.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Swampscott, MA
- Founding
- 06/2016
- Data as of
- 12/2023
- EIN
- 81-1737348
Organization Overview
Inner Compass Initiative Inc is located in Swampscott, MA. 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 12/2023, Inner Compass Initiative Inc generated $190.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $254.3k during the year ending 12/2023. 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
SEE SCHEDULE O
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Delano Davis President | 40 | $70,000 | |
John Case Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $152,394 |
| Total Program Service Revenue | $0 |
| Membership dues | $19,818 |
| Investment income | $15,010 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,344 |
| Other Revenue | $0 |
| Total Revenue | $190,566 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $75,616 |
| Professional fees and other payments to independent contractors | $133,455 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $17 |
| Other expenses | $45,250 |
| Total expenses | $254,338 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $295,477 |
| Other assets | $0 |
| Total assets | $301,662 |
| Total liabilities | $13,468 |
| Net assets or fund balances | $288,194 |