Overview
What is Compass Academy?
Compass Academy is a nonprofit organization situated in Denver, Colorado, with a focus on education. Established eight years ago, it serves 283 funded students. The organization's mission is to prepare youth for post-secondary education, workforce training, and civic participation. It offers various pathways for students to achieve success in adulthood, fostering critical thinking, a commitment to the global community, and the realization of individual talents. Compass Academy emphasizes core academic skills, social-emotional strengths, and learner and leader competencies essential for the 21st century. To accomplish this, the academy deploys a team of diverse City Year - AmeriCorps members and utilizes advancements in the learning sciences to create a personalized learning environment, encouraging all members of the school community to pursue deeper learning.
Official website here: www.compassacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Compass Academy has received a two-star rating from Charity Navigator, indicating areas that require attention, particularly in financial transparency. The organization has achieved high marks for governance, including 100% independent board members and strong policies in place for conflict of interest and whistleblower protection. However, it lacks published financial statements, which significantly impacts its financial accountability score.
While Compass Academy demonstrates strong governance and ethical practices, its overall financial health is a concern, reflected in a relatively low program expense ratio. This suggests that a smaller portion of its expenses is directed toward its programs, which could affect its ability to fulfill its mission effectively. The liability to assets ratio is acceptable, showing some financial stability, but the absence of detailed financial documentation poses risks for potential donors.
Overall, while Compass Academy exhibits solid governance practices, improvement is necessary in financial reporting to enhance transparency and donor confidence. Stakeholders would benefit from more accessible financial data to better understand the organization's impact and operational efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Compass Academy legitimate?
Compass Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. 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: $168,637
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,274,764
For more financial information, click here
Official website here: www.compassacademy.org
What is the mission statement of Compass Academy?
Compass Academy's mission is centered around preparing youth for their future, encompassing post-secondary education, workforce training, and civic participation. The academy offers various pathways for students to attain adult success. It fosters in students the ability to think critically, solve problems, and maintain a lifelong commitment to serving the global community. Compass Academy encourages students to recognize and harness their unique talents while mastering essential academic skills. Additionally, it focuses on developing social-emotional strengths and competencies required for success in the 21st century. To achieve deeper learning, the academy deploys a team of diverse City Year - AmeriCorps members and leverages advancements in the learning sciences.
Official website here: www.compassacademy.org
Who is the CEO of Compass Academy?
Marcia Fulton is the Chair And Treasurer of Compass Academy.
Official website here: www.compassacademy.org
What is the revenue of Compass Academy?
Compass Academy's revenue in 2022 was $5,782,370.
Official website here: www.compassacademy.org
Who are the executives of Compass Academy and what are their salaries?
The average compensation at Compass Academy during 2022 was $50,904. There are 48 employees and 9 volunteers at Compass Academy.
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- Compensation: $165,536
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- Other: $15,194
Official website here: www.compassacademy.org
Where can I find the form 990 for Compass Academy?
Compass Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.compassacademy.org
Learn more at the official website: www.compassacademy.org
Mission Statement of Compass Academy
Compass Academy, a dedicated educational institution, aims to prepare youth for post-secondary education, workforce training, and civic participation. It offers multiple pathways for students to achieve adult success, fostering in them the qualities of critical thinkers and lifelong learners. The academy encourages its students to develop a commitment to serving the global community, helping them recognize and harness their unique talents while mastering essential academic skills. Moreover, Compass Academy prioritizes the development of social-emotional strengths and learner and leader competencies that are vital for success in the 21st century. To create an engaging learning environment, the academy employs a diverse team of City Year - AmeriCorps members and utilizes advancements in the learning sciences. This integrated approach enables all members of the school community to passionately pursue deeper learning.
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Impact
July, 2024
Compass Academy's impact lies in its commitment to preparing youth for post-secondary education, workforce training, and civic engagement. Through offering multiple pathways for student success, fostering critical thinking and problem-solving skills, and encouraging service to the global community, Compass Academy shapes lifelong learners who excel academically and emotionally. By deploying a diverse team of City Year - AmeriCorps members and leveraging advances in the learning sciences, the academy creates a personalized learning environment where all members of the school community dedicate themselves to deep learning and leadership development.
This information is meant to be a general summary of 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: $289
- Program Service Revenue: $3,404,373
- Gross Receipts: $5,782,370
Assets and Liabilities:
- Total Assets: $3,390,006
- Total Liabilities: $1,823,449
- Net Assets: $1,566,557
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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
$2,745,252
District Mill Levy
Revenue
$648,530
Tuition and Fees
Revenue
$10,591
Organization Details
Founding Year
2014
Phone
(720) 424-0096Principal Officer
Marcia Fulton
Main Address
2285 South Federal Boulevard, Denver, CO, 802195433
Website
www.compassacademy.orgNTEE Category
Code: B25 - Education
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