Overview
What is Compass Aviation Inc?
Compass Aviation Inc, based in Shelby, North Carolina, serves as a nonprofit organization dedicated to preparing individuals and aircraft for missionary and humanitarian aid initiatives. Their primary focus is on equipping people and aviation resources for charitable endeavors worldwide. Although the exact details of their programs and reach are not explicitly provided, it can be inferred that they play a crucial role in mobilizing resources for global humanitarian efforts.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating
Compass Aviation Inc has achieved a commendable 94% rating, reflecting a solid performance in accountability and finance. This high score highlights the organization’s commitment to transparency and responsible financial management, which is critical for building trust with donors and stakeholders.
The charity boasts a fully independent board with 10 out of 10 members, indicating a strong governance structure. Additionally, it has demonstrated exceptional financial health, evidenced by a program expense ratio of 99.15%, ensuring that nearly all funds are allocated directly to its programs. The absence of any material diversion of assets further emphasizes its integrity in managing resources.
While the data showcases the organization's strengths, it is important to recognize that this rating is solely based on accountability and finance metrics. Future evaluations could benefit from additional insights into program effectiveness and impact to provide a more comprehensive view of Compass Aviation Inc's overall performance and contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Compass Aviation Inc legitimate?
Compass Aviation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compass Aviation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Compass Aviation Inc?
Compass Aviation Inc is dedicated to preparing both people and aircraft for missions focused on humanitarian aid and missionary work. Their mission is to ensure that these vital efforts run smoothly and effectively by providing necessary training and readiness for the involved personnel and aircraft. Their primary goal is to make a significant impact in areas where assistance is needed the most, contributing to the betterment of communities worldwide.
Who is the CEO of Compass Aviation Inc?
John Watt is the President of Compass Aviation Inc.
What is the revenue of Compass Aviation Inc?
Compass Aviation Inc's revenue in 2022 was $510,109.
Who are the executives of Compass Aviation Inc and what are their salaries?
There 10 volunteers at Compass Aviation Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Compass Aviation Inc?
Compass Aviation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Compass Aviation Inc
Compass Aviation Inc is dedicated to a commendable mission. This nonprofit organization's primary objective is to prepare both individuals and aircraft for missionary and humanitarian aid endeavors. By taking on this mission, Compass Aviation Inc plays a vital role in aiding those in need, whether in remote locations or during times of crisis. The organization's work involves readying both people and aircraft, ensuring they are equipped and ready to make a significant impact in humanitarian aid efforts.
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Impact
July, 2024
Compass Aviation Inc's impact lies in its mission to prepare people and aircraft for missionary and humanitarian aid efforts. By providing necessary training and resources, Compass Aviation Inc plays a crucial role in enabling individuals and organizations to effectively carry out missions that serve communities in need globally. Their work ensures that aid reaches those who need it most, ultimately contributing to positive change and assistance in various regions around the world.
This information is meant to be a general summary of Compass Aviation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $30,000
- Gross Receipts: $510,109
Assets and Liabilities:
- Total Assets: $61,089
- Total Liabilities: $0
- Net Assets: $61,089
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NON PROGRAM SALES
Organization Details
Founding Year
2010
Principal Officer
John Watt
Main Address
PO BOX 307, SHELBY, NC, 28151
NTEE Category
Code: P20 - Human services
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