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Compass Academy Charter School Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271679491 ✦ Odessa, TX ✦ Designated as a 501(c)(3)

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Overview

What is Compass Academy Charter School Inc?

Compass Academy Charter School Inc, located at 5530 Billy Hext Road, Odessa, TX 79765, is a nonprofit educational institution dedicated to providing high-quality education to school-aged children from kindergarten through twelfth grade. With a team of 172 employees, Compass Academy aspires to serve as a model of school excellence by preparing all students to be leaders through rigorous and relevant curriculum, positive relationships, and innovative learning. The organization addresses the unique needs of its students and families by delivering a robust educational program.


Official website here: www.mycompassacademy.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Compass Academy Charter School Inc has received a Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The score reflects the organization's robust financial practices, as evidenced by a perfect score in several areas, including independent board membership and financial audit quality. The charity's high program expense ratio of nearly 85% demonstrates its commitment to channeling resources towards its educational mission.

The organization boasts an entirely independent board, which is crucial for maintaining transparency and integrity. Additionally, Compass Academy Charter School implements several effective policies, including those related to conflict of interest and whistleblower protections, which further enhance its accountability. These strengths contribute positively to its overall rating and foster trust among stakeholders.

However, the charity's liabilities to assets ratio did not score well, indicating potential concerns regarding financial stability. Although this is a single area of concern, it is significant for donors and supporters to consider when evaluating the organization's long-term sustainability. Overall, Compass Academy Charter School Inc appears to maintain a solid financial foundation, but attention to its liabilities may be necessary for continued success.


This AI summary has been generated from information found on Charity Navigator.

Is Compass Academy Charter School Inc legitimate?

Compass Academy Charter School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compass Academy Charter School Inc 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: $351,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,674,719

For more financial information, click here


Official website here: www.mycompassacademy.com

What is the mission statement of Compass Academy Charter School Inc?

Compass Academy Charter School Inc strives to be a beacon of educational excellence by preparing all students to become leaders. This is achieved through the delivery of rigorous and relevant curriculum, the enforcement of positive relationships, and the continuous innovation of learning methods. The school is committed to addressing the unique needs of its students and their families, ensuring that each child receives a quality education from kindergarten to twelfth grade.


Official website here: www.mycompassacademy.com

Who is the CEO of Compass Academy Charter School Inc?

Kathy Killingsworth is the Previous Superintendent of Compass Academy Charter School Inc.


Official website here: www.mycompassacademy.com

What is the revenue of Compass Academy Charter School Inc?

Compass Academy Charter School Inc's revenue in 2023 was $13,359,127.


Official website here: www.mycompassacademy.com

Who are the executives of Compass Academy Charter School Inc and what are their salaries?

The average compensation at Compass Academy Charter School Inc during 2023 was $40,847. There are 172 employees and 15 volunteers at Compass Academy Charter School Inc.


Here are 9 key members and their salaries:


Scott Wilson (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Dille (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Madison (Board Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Moore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsey Forrest (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremiah Ramer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Trotter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Inman (Superintendent)
  • Compensation: $151,000
  • Related: $0
  • Other: $0
Kathy Killingsworth (Previous Superintendent)
  • Compensation: $200,000
  • Related: $0
  • Other: $0


Official website here: www.mycompassacademy.com

Where can I find the form 990 for Compass Academy Charter School Inc?

Compass Academy Charter School Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mycompassacademy.com

Learn more at the official website: www.mycompassacademy.com

Mission Statement of Compass Academy Charter School Inc

Compass Academy Charter School Inc, a renowned educational institution, is committed to serving as a beacon of excellence by preparing all students to become future leaders. This mission is accomplished through the delivery of rigorous and relevant curriculum, the enforcement of positive relationships, and the innovative approach to learning.

The school goes beyond the basic educational requirements by addressing the unique needs of its students and their families. By providing a quality education to school-aged children from kindergarten through twelfth grade, Compass Academy Charter School Inc sets itself apart as a model of academic success.

The instructors at Compass Academy Charter School Inc are dedicated to fostering a learning environment where students are encouraged to reach their full potential. The rigorous curriculum is tailored to engage students and challenge them to excel. The positive relationships between students and staff create an atmosphere of trust and respect, which is essential for effective learning. In addition, the innovative learning methods enable students to explore new ideas and approaches, ensuring they are well-prepared for the future.

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Impact




October, 2024

Compass Academy Charter School Inc has a significant impact on the community by providing a high-quality education to students from Kindergarten through Twelfth grade. By focusing on rigorous and relevant curriculum, the academy prepares all its students to become leaders in their future endeavors.

The school emphasizes the importance of positive relationships, fostering a supportive and nurturing environment that encourages student growth. Its innovative learning approaches address the diverse needs of students and their families, creating a holistic educational experience. By serving as a model of school excellence in Odessa, TX, Compass Academy not only enhances the academic performance of its students but also contributes to the overall development of leadership and critical thinking skills in the youth of the community.




This information is meant to be a general summary of Compass Academy Charter School Inc. 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.

Revenue
$13,359,127 (2023)
Expenses
$12,126,920 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $100,977
  • Program Service Revenue: $13,063,053
  • Gross Receipts: $13,359,127

Assets and Liabilities:

  • Total Assets: $57,347,622
  • Total Liabilities: $44,487,538
  • Net Assets: $12,860,084

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TEA REVENUE

Revenue

$12,030,710

FEDERAL REVENUE

Revenue

$706,551

LOCAL REVENUE

Revenue

$217,723

STATE REVENUE

Revenue

$80,905

COCURRICULAR AND ENTERPRISING REV

Revenue

$27,164

Organization Details

Founding Year

2010

Principal Officer

Kathy Killingsworth

Main Address

5530 BILLY HEXT ROAD, ODESSA, TX, 79765

NTEE Category

Code: B99 - Education

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