Overview
What is World Compass Academy?
World Compass Academy is a tuition-free, charitable institution situated in Castle Rock, Colorado, specifically at 2490 South Perry St. As a PK-8 educational institution, its primary objective is to nurture students' fundamental skills, thereby setting them up for future success. The enrollment counts around 700 students. Operating expenses cover all necessary costs for running the school, acquiring facilities, and servicing any related debts. The school, with a staff of 92 employees, is dedicated to providing quality education to its student body.
Official website here: www.worldcompassacademy.com
What are the reviews and ratings of this charity?
**World Compass Academy - Charity Navigator Rating: Two Stars (73%)**
World Compass Academy’s rating indicates that the organization is in need of improvement, particularly in areas beyond accountability and finance, which form the basis of its score. While the academy performs well in aspects of governance—such as having a fully independent board and well-audited financial statements—there are significant gaps in their policies, notably the absence of a whistleblower policy and document retention protocols. Additionally, the liabilities to assets ratio is notably high, suggesting potential financial sustainability concerns.
The accountability and finance score indicates a strong commitment to responsible financial management, with a program expense ratio that reflects a majority of funds going toward its mission. However, the organization’s lack of scoring in impact measurement, leadership adaptability, and culture raises questions about the broader effectiveness and community engagement of the academy.
User reviews from GreatNonprofits could not be retrieved, leaving a gap in public feedback that might help illuminate the general sentiment surrounding the academy. This absence of reviews highlights a potential opportunity for the organization to strengthen its community connection and transparency by encouraging stakeholder feedback.
This AI summary has been generated from information found on Charity Navigator.
Is World Compass Academy legitimate?
World Compass Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Compass Academy 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: $97,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,486,181
For more financial information, click here
Official website here: www.worldcompassacademy.com
What is the mission statement of World Compass Academy?
World Compass Academy, a tuition-free PK-8 charter school, is committed to equipping its approximately 700 students with the fundamental skills required for success. The school's mission is to provide a robust educational environment that fosters the growth and development of its students, preparing them for their future endeavors. The primary focus of World Compass Academy is on providing the necessary educational resources and support to its students, ensuring they have the tools to excel in their academic pursuits and in life. The school's activities are geared towards nurturing well-rounded individuals who are ready to face the challenges of the modern world.
Official website here: www.worldcompassacademy.com
Who is the CEO of World Compass Academy?
Bethany Merkling is the Principal of World Compass Academy.
Official website here: www.worldcompassacademy.com
What is the revenue of World Compass Academy?
World Compass Academy's revenue in 2022 was $9,393,722.
Official website here: www.worldcompassacademy.com
Who are the executives of World Compass Academy and what are their salaries?
The average compensation at World Compass Academy during 2022 was $38,957. There are 92 employees and 300 volunteers at World Compass Academy.
Here are 8 key members and their salaries:
- Compensation: $97,850
- Related: $0
- Other: $30,305
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.worldcompassacademy.com
Where can I find the form 990 for World Compass Academy?
World Compass Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.worldcompassacademy.com
Learn more at the official website: www.worldcompassacademy.com
Mission Statement of World Compass Academy
World Compass Academy, a tuition-free charter school catering to students from pre-kindergarten to eighth grade, is dedicated to equipping its approximately 700 students with the fundamental skills necessary for future success. The organization's mission is multifaceted, focusing on providing a comprehensive educational experience that equips students with the essential tools required for a prosperous future. World Compass Academy's mission is to foster an environment that nurtures each student's unique abilities, preparing them for the challenges they will encounter in their educational journey and beyond.
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Impact
July, 2024
World Compass Academy equips approximately 680 students with the foundational skills needed for success through its tuition-free PK-8 charter school program. Located in Castle Rock, Colorado, the academy's impact is seen in the educational empowerment and development of its students, preparing them for future academic and personal achievements. The school's commitment to providing quality education to its diverse student body underscores its significance in shaping the next generation of leaders and contributing positively to the community.
This information is meant to be a general summary of World Compass Academy. 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: $5,351
- Program Service Revenue: $7,221,697
- Gross Receipts: $9,393,722
Assets and Liabilities:
- Total Assets: $24,653,762
- Total Liabilities: $32,811,244
- Net Assets: -$8,157,482
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Per Pupil Revenue
Revenue
$5,770,296
Mil Levy Revenue
Revenue
$809,713
Tuition and Fees
Revenue
$571,585
Student Activities
Revenue
$70,103
Organization Details
Founding Year
2013
Phone
(303) 814-5200Principal Officer
Bethany Merkling
Main Address
2490 South Perry St, Castle Rock, CO, 80104
Website
www.worldcompassacademy.comNTEE Category
Code: B29 - Education
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