Overview
What is Compass Outreach And Education Center Inc?
Compass Outreach and Education Center Inc, located in Fort Lauderdale, Florida, is recognized as a micro-school trendsetter by Forbes Magazine. Serving as an incubator for educational entrepreneurs, the center has seen a surge in student enrollment and maintained a positive trend in staff retention. Beyond traditional academic offerings, Compass Outreach provides enrichment programs such as plant-based cooking classes, arts, entrepreneurship, and nature education, catering to the diverse interests and lifestyles of its families. The organization's mission is to foster a community of lifelong learners by offering personalized educational experiences, tailored to meet individual family needs. With a dedicated team of nine employees, Compass Outreach is committed to its mission of nurturing lifelong learners.
Official website here: www.mycompassoutreach.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%
Compass Outreach And Education Center Inc has received an impressive Four-Star out of Four Star rating from Charity Navigator, indicating strong accountability and financial health. The organization's overall score is derived entirely from its performance in the Accountability & Finance beacon, where it excels with a perfect 100% score. This high rating reflects a commitment to transparency and effective management of resources.
The organization stands out with a fully independent board, comprising 83% independent members, and maintains a small board size of five members. Additionally, it has no material diversion of assets, showcasing responsible governance. The charity adheres to best practices in conflict of interest policies, whistleblower protections, and document retention, further emphasizing its commitment to ethical operations.
Financially, Compass Outreach demonstrates robust performance with a program expense ratio of 93.97%, meaning nearly all of its expenditures directly support its mission. The organization has a liabilities to assets ratio of 0.00%, indicating strong financial stability. These factors collectively position Compass Outreach And Education Center Inc as a highly effective and trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Compass Outreach And Education Center Inc legitimate?
Compass Outreach And Education Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compass Outreach And Education Center 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: $38,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,760
For more financial information, click here
Official website here: www.mycompassoutreach.org
What is the mission statement of Compass Outreach And Education Center Inc?
Compass Outreach and Education Center Inc's mission is centered around fostering a community of lifelong learners. They achieve this by offering personalized educational experiences that cater to the unique lifestyles of their families. The organization has gained recognition as a micro-school trendsetter, serving as a launchpad for other education entrepreneurs. This has led to an increase in student enrollment and sustained staff retention. Additionally, they provide enrichment programs such as plant-based cooking classes, arts, entrepreneurship, and nature education.
Official website here: www.mycompassoutreach.org
Who is the CEO of Compass Outreach And Education Center Inc?
Laurel E Suarez is the President of Compass Outreach And Education Center Inc.
Official website here: www.mycompassoutreach.org
What is the revenue of Compass Outreach And Education Center Inc?
Compass Outreach And Education Center Inc's revenue in 2022 was $487,071.
Official website here: www.mycompassoutreach.org
Who are the executives of Compass Outreach And Education Center Inc and what are their salaries?
The average compensation at Compass Outreach And Education Center Inc during 2022 was $22,046. There are 9 employees and 12 volunteers at Compass Outreach And Education Center Inc.
Here are 6 key members and their salaries:
- Compensation: $38,650
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mycompassoutreach.org
Where can I find the form 990 for Compass Outreach And Education Center Inc?
Compass Outreach And Education Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mycompassoutreach.org
Learn more at the official website: www.mycompassoutreach.org
Mission Statement of Compass Outreach And Education Center Inc
Compass Outreach and Education Center Inc, a recognized trendsetter in the field of education, is dedicated to fostering a community of lifelong learners. They achieve this by offering personalized educational experiences tailored to fit the lifestyles of their families. This approach allows individuals to continue their learning journey in a manner that is most convenient and suitable for them. The center has gained recognition in the national Forbes Magazine for its role as an incubator, providing a platform for edupreneurs to establish their own schools. This initiative has led to an increase in student enrollment and a positive trend in staff retention. Additionally, Compass Outreach and Education Center Inc offers enrichment programs such as plant-based cooking classes, arts, entrepreneurship, and nature education, further enriching the learning experience for its students.
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Impact
July, 2024
Compass Outreach And Education Center Inc has had a significant impact on the community of Fort Lauderdale, Florida. The organization has successfully cultivated a community of lifelong learners by providing personalized educational experiences tailored to the lifestyles of families. Additionally, Compass Outreach And Education Center Inc was recognized by Forbes Magazine as a Micro-School Trendsetter, serving as an incubator for other entrepreneurs to open their schools. This recognition reflects the innovative and successful approach taken by the organization.
The impact of Compass Outreach And Education Center Inc is evident in the increased enrollment of students and the positive trend in staff retention. The organization has also expanded its offerings to include enrichment programs such as plant-based cooking classes, arts, entrepreneurship, and nature education. These programs have further enriched the educational experiences provided by Compass Outreach And Education Center Inc, demonstrating its commitment to holistic learning and community engagement.
This information is meant to be a general summary of Compass Outreach And Education Center 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.
- Program Service Revenue: $485,071
- Gross Receipts: $487,071
Assets and Liabilities:
- Total Assets: $26,725
- Total Liabilities: $0
- Net Assets: $26,725
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Micro Schools
Revenue
$485,071
Organization Details
Founding Year
2014
Phone
(954) 309-0109Principal Officer
Laurel E Suarez
Main Address
1600 SW 5th Place, Fort Lauderdale, FL, 33312
Website
www.mycompassoutreach.orgNTEE Category
Code: B90 - Education
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