Totals
- Total revenue
- $4,847,559
- Total expenses
- $4,532,984
- Contributions and grants received
- $1,531,186
- Grants paid
- $0
- Program service revenue
- $3,176,188
- Investment income
- $24,242
- Other revenue
- $115,943
- Total assets, end of year
- $3,836,034
- Total liabilities, end of year
- $1,954,902
- Net assets or fund balances, end of year
- $1,881,132
- Program services expenses (Part IX)
- $2,613,169
- Management and general expenses
- $1,919,815
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,613,169
Program services were 57.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$1,529,959
-
1f · All other contributions, gifts and grants
$1,227
-
2a · Program service revenue: Per Pupil Revenue
total $2,537,174 · related or exempt $2,537,174
-
2b · Program service revenue: District Mill Levy
total $633,449 · related or exempt $633,449
-
2c · Program service revenue: Tuition and Fees
total $5,565 · related or exempt $5,565
-
3 · Investment income
total $24,242 · excluded $24,242
-
11a · Other revenue: Pension Accrual Adjust
total $115,943 · related or exempt $115,943
-
11e · Other revenue, total
$115,943
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $146,242 · management and general $146,242
-
7 · Other salaries and wages
total $2,284,725 · program services $1,741,793 · management and general $542,932
-
8 · Pension plan contributions
total $403,362 · program services $237,671 · management and general $165,691
-
9 · Other employee benefits
total $268,785 · program services $114,831 · management and general $153,954
-
10 · Payroll taxes
total $33,594 · program services $33,594
-
11b · Fees: legal
total $625 · management and general $625
-
11c · Fees: accounting
total $8,950 · management and general $8,950
-
11g · Fees: other
total $1,187,291 · program services $423,773 · management and general $763,518
-
14 · Information technology
total $79,168 · program services $216 · management and general $78,952
-
22 · Depreciation, depletion and amortization
total $1,102 · management and general $1,102
-
24a · Other expenses: Supplies & Materials
total $115,858 · program services $58,009 · management and general $57,849
-
24e · All other expenses
total $3,282 · program services $3,282
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,518,847 · end of year $2,617,539
-
3 · Pledges and grants receivable
beginning of year $232,865 · end of year $319,697
-
9 · Prepaid expenses and deferred charges
beginning of year $11,403 · end of year $25,846
-
10a · Land, buildings and equipment: cost or other basis
$35,749
-
10b · Land, buildings and equipment: accumulated depreciation
$32,076
-
10c · Land, buildings and equipment, net
beginning of year $4,775 · end of year $3,673
-
15 · Other assets
beginning of year $622,116 · end of year $869,279
-
17 · Accounts payable and accrued expenses
beginning of year $191,610 · end of year $185,150
-
19 · Deferred revenue
beginning of year $5,000 · end of year $0
-
25 · Other liabilities
beginning of year $1,626,839 · end of year $1,769,752
-
29 · Capital stock, trust principal or current funds
beginning of year $1,566,557 · end of year $1,566,557
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $314,575
Mission and programs · 2022
Mission
See Schedule O.Compass Academy will educate youth to be well prepared for post-secondary education, workforce training, and civic participation. Compass Academy will provide multiple pathways for students to achieve adult success. Students at Compass Academy will develop as lifelong learners who think critically to solve problems, as well as foster a lifelong commitment to serve the global community. Compass Academy will enable its students to realize their unique talents, while mastering core academic skills. In addition, students will develop social-emotional strengths as well as learner and leader competencies that are required for success in the 21st century. Compass Academy will deploy a team of diverse City Year - AmeriCorps members, combined with advances in the learning sciences, to create a personalized learning environment where all members of the school community passionately pursue deeper learning.
-
The year ended June 30, 2023 is the ninth year of operations for Compass Academy with 245 funded students.
Expenses $2,613,169 · Revenue $3,292,131
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jessica Roberts
Chair and Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Jim Balfanz
Vice Chair
- Total calculated
- $0
- Hours/week
- 2
-
Ana Soler
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Dr Robert Balfanz
Member
- Total calculated
- $0
- Hours/week
- 2
-
Mary Seawell
Member
- Total calculated
- $0
- Hours/week
- 2
-
Christine Morin
Member
- Total calculated
- $0
- Hours/week
- 2
-
Jerry Torrez
Member
- Total calculated
- $0
- Hours/week
- 2
-
Corey Scholes
Member
- Total calculated
- $0
- Hours/week
- 2
-
John Albright
Member
- Total calculated
- $0
- Hours/week
- 2
-
Angela Avilla
Member
- Total calculated
- $0
- Hours/week
- 2
-
Brandon Jones
Member
- Total calculated
- $0
- Hours/week
- 2
-
Marcia Fulton
Executive Director
- Total calculated
- $146,242
- From this org
- $124,791
- From related orgs
- $0
- Other
- $21,451
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401349349306960
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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