Compass For Lifelong Discovery
- Assets
- $15.8m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Carbondale, CO
- Founding
- 09/1971
- Data as of
- 06/2021
- EIN
- 84-0613297
Organization Overview
Compass For Lifelong Discovery is located in Carbondale, CO. The organization was established in 1971. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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 For Lifelong Discovery 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 06/2021, Compass For Lifelong Discovery generated $4.7m 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 (6.7%) each year. All expenses for the organization totaled $3.2m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMPASS IS A NON-PROFIT EDUCATIONAL ORGANIZATION DEDICATED TO CREATING AND SUPPORTING PROGRESSIVE, EXPERIMENTAL LEARNING ENVIRONMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMPASS IS THE LEAD NON-PROFIT ORGANIZATION FOR THREE SCHOOLS. THE ASPEN COMMUNITY SCHOOL (ACS) IS A PUBLIC K-8 CHARTER SCHOOL OF THE ASPEN SCHOOL DISTRICT AND GRADUATED 13 STUDENTS THIS YEAR. THE CARBONDALE COMMUNITY SCHOOL (CCS) IS A PUBLIC K-8 CHARTER SCHOOL OF THE ROARING FORK SCHOOL DISTRICT AND GRADUATED 14 STUDENTS THIS YEAR. THOUGH ACS (COMPASS ORIGINAL SCHOOL) OPENED AS A PRIVATE SCHOOL IN 1970, BOTH ACS AND CCS HAVE BEEN PUBLIC CHARTER SCHOOLS SINCE 1995. THE COMPASS BOARD OF DIRECTORS SETS POLICY AND PROVIDES LEADERSHIP AND OVERSIGHT FOR THE PROJECTS. COMPASS ADMINISTRATIVE STAFF PROVIDE ADMINISTRATIVE, FUNDRAISING, HUMAN RESOURCE, AND ACCOUNTING SERVICES, WHICH ALLOW THE SCHOOL TO FOCUS ON THEIR PRIMARY MISSION, EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffie Butler President | Trustee | 1 | $0 |
Joe Enzer Vice President | Trustee | 1 | $0 |
Kristen Sprigss Secretary | Trustee | 1 | $0 |
Evan Zislis Board Member | Trustee | 1 | $0 |
Jim Gilchrist Board Member | Trustee | 1 | $0 |
Katie Erickson Treasurer | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $366,099 |
| Related organizations | $0 |
| Government grants | $127,062 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $12,900 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $493,161 |
| Total Program Service Revenue | $3,783,648 |
| Investment income | $17,112 |
| 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 | $4,673,711 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,127,995 |
| Pension plan accruals and contributions | -$911,348 |
| Other employee benefits | $321,733 |
| Payroll taxes | $28,809 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $29,388 |
| Fees for services: Accounting | $31,946 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,829 |
| Office expenses | $140,088 |
| Information technology | $6,849 |
| Royalties | $0 |
| Occupancy | $169,931 |
| Travel | $42,992 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,168 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $554,784 |
| Insurance | $82,789 |
| All other expenses | $0 |
| Total functional expenses | $3,176,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,318,730 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $960,227 |
| 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 | $3,500 |
| Net Land, buildings, and equipment | $11,203,938 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,346,754 |
| Total assets | $15,833,149 |
| Accounts payable and accrued expenses | $41,842 |
| Grants payable | $0 |
| Deferred revenue | $7,873 |
| 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 | $1,174,163 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,202,692 |
| Total liabilities | $10,426,570 |
| Net assets without donor restrictions | $5,071,204 |
| Net assets with donor restrictions | $335,375 |
| Capital stock or trust principal, or current funds | $0 |
| 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 | $15,833,149 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Compass For Lifelong Discovery has recieved totaling $173,747.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $83,747 |
Aspen Community Foundation Basalt, CO PURPOSE: MENTAL HEALTH GENERAL SUPPORT | $65,000 |
Manaus Carbondale, CO PURPOSE: Program support | $15,000 |
Laffey-Mchugh Foundation Wilmington, DE PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Supply Management Inc Tempe, AZ | $18,812,365 | $12,909,076 |
Envision Xpress Inc Wichita, KS | $21,582,294 | $13,602,741 |
Nmc Inc Los Alamos, NM | $8,318,653 | $11,151,295 |
Kansas State Newman Foundation Manhattan, KS | $3,619,556 | $4,925,097 |
Foundation For Tulsa Schools Tulsa, OK | $13,402,243 | $11,567,047 |
Los Alamos National Laboratory Foundation Espanola, NM | $121,206,991 | $6,734,322 |
Friends Of Guadalupe Salt Lake City, UT | $991,216 | $160,574 |
Rockley Family Foundation Inc Golden, CO | $1,094,070 | $6,767,758 |
Castle Rock Lifelong Learning Center Castle Rock, CO | $14,698,293 | $9,801,652 |
Osteopathic Medical Education Consortium Of Oklahoma Inc Tulsa, OK | $3,495,258 | $6,319,915 |
James Megellas Foundation Inc Scottsdale, AZ | $68,107,616 | $5,113,659 |
Steamboat Springs Education Fund Steamboat Springs, CO | $4,415,852 | $5,543,622 |