Overview
What is Compass?
Compass, based in Kearney, Nebraska, is a dedicated nonprofit organization that focuses on the well-being of displaced youth. Their mission is to equip foster families with the necessary skills to create safe, stable, and nurturing environments for these young individuals. By offering comprehensive training programs, Compass aims to foster a structured and supportive atmosphere for these youth, thereby helping them overcome the challenges posed by being separated from their natural families. The organization, with a team of 51 employees, is committed to making a significant impact in the lives of these vulnerable young people.
Official website here: www.compassnebraska.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Compass has been assigned a Two-Star out of Four Star rating by Charity Navigator, with an overall score of 73%. While it excels in several accountability and finance metrics, achieving a perfect score of 100% in this area, there are notable concerns related to governance practices that impact its overall rating. The organization demonstrates strong financial health, with a low liabilities to assets ratio and a high program expense ratio, indicating that it allocates a significant portion of its resources to its mission.
However, Compass falls short in key governance policies, particularly in the areas of whistleblower protection and document retention, where it received no points. These deficiencies suggest potential weaknesses in transparency and accountability that could affect stakeholder trust. While the independent board structure is robust, these governance gaps point to areas where improvement is needed for a more comprehensive evaluation of the organization's effectiveness.
In summary, while Compass shows strong financial management and a commitment to programmatic spending, its governance practices need significant enhancement to build trust and demonstrate a commitment to best practices in nonprofit management. Stakeholders may want to consider these factors when assessing the organization's overall impact and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Compass legitimate?
Compass is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compass submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,199,652
For more financial information, click here
Official website here: www.compassnebraska.org
What is the mission statement of Compass?
Compass, as an organization, is primarily focused on training foster families to provide a stable, structured, and nurturing environment for youth who have been displaced from their natural families. Their mission is to ensure that these displaced children receive care in environments that are safe, supportive, and conducive to their well-being. The organization achieves this by offering comprehensive training programs to foster families, aiming to improve their abilities to provide a better environment for the youth in their care.
Official website here: www.compassnebraska.org
Who is the CEO of Compass?
Ryan Stanton is the Director of Compass.
Official website here: www.compassnebraska.org
What is the revenue of Compass?
Compass's revenue in 2022 was $2,773,119.
Official website here: www.compassnebraska.org
Who are the executives of Compass and what are their salaries?
The average compensation at Compass during 2022 was $23,523. There are 51 employees at Compass.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $127,373
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.compassnebraska.org
Where can I find the form 990 for Compass?
Compass's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.compassnebraska.org
Learn more at the official website: www.compassnebraska.org
Mission Statement of Compass
Compass, as an organization, is dedicated to carrying out its primary mission. This mission involves providing comprehensive training to foster families, equipping them with the necessary skills to create safe, stable, structured, and nurturing environments for youth who have been displaced from their natural families. By offering this training, Compass aims to contribute positively to the lives of these vulnerable youth, ensuring they receive the care and support they need during a challenging period. The organization's mission is rooted in the belief that well-prepared foster families can significantly improve the living conditions and overall well-being of displaced youth.
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Impact
October, 2024
Compass plays a crucial role in enhancing the lives of youth who have been displaced from their natural families by training foster families to create safe, stable, and nurturing environments. Through comprehensive training programs, Compass equips foster parents with the skills and knowledge necessary to provide structured support and care, ensuring that these vulnerable youths receive the attention and stability they need to thrive. Located in Kearney, Nebraska, Compass focuses on fostering a community of caregivers who are prepared to meet the unique challenges faced by displaced children, ultimately promoting their emotional and social well-being. The impact of this training is profound, as it not only improves the foster care experience but also contributes to the overall resilience and future success of the youth involved.
This information is meant to be a general summary of Compass. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,194
- Program Service Revenue: $2,654,903
- Gross Receipts: $2,776,266
Assets and Liabilities:
- Total Assets: $848,215
- Total Liabilities: $11,126
- Net Assets: $837,089
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE REVENUE
Revenue
$2,654,903
Organization Details
Founding Year
2007
Phone
(308) 440-5813Principal Officer
Ryan Stanton
Main Address
PO BOX 996, KEARNEY, NE, 688480996
Website
www.compassnebraska.orgNTEE Category
Code: P32 - Human services
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