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New Day Schools Inc

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

EIN: 824087161 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is New Day Schools Inc?

New Day Schools Inc, doing business as Compass Community Schools, is a Memphis-based nonprofit organization with a workforce of 264 employees. Their mission is to foster college and lifelong success for students by holistically developing them through academic excellence, values-based character education, and community service learning. Committed to nurturing the whole child, Compass Community Schools provides an environment that encourages students' growth in all aspects of their lives.


Official website here: www.compassmemphis.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Star rating

New Day Schools Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization's overall score is based entirely on its accountability and finance metrics, where it scored 90%. This high rating indicates that New Day Schools Inc is well-managed and transparent in its financial practices.

The nonprofit boasts a fully independent board with a complete score in board independence, suggesting effective governance. It also maintains robust financial oversight through an audit committee and has established policies like conflict of interest and whistleblower protections, which are essential for ethical operations. Additionally, the organization demonstrates a strong program expense ratio of 88.03%, indicating that a significant portion of its funds is directed toward its programs rather than administrative costs.

While the data highlights many strengths, it is important to note that the overall score is solely based on financial metrics. This means that while the organization excels in accountability and finance, there is no accompanying assessment of its programmatic impact or outcomes, which could provide a more comprehensive view of its effectiveness in fulfilling its mission.


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

What do the Facebook reviews say about New Day Schools Inc?

92% of the reviewers on Facebook recommend New Day Schools Inc. Here is a summary of their reviews:

The feedback highlights a strong appreciation for the organization’s educational vision and its impact on the community in Memphis. Reviewers emphasize the innovative approaches the nonprofit takes in fostering learning and supporting students.

People feel confident in the mission of New Day Schools, believing it effectively delivers on its promises to enhance education and provide meaningful opportunities for children. Overall, the sentiment is overwhelmingly positive, showcasing a commitment to quality education and community development.


This AI summary has been generated from reviews found on Facebook.

Is New Day Schools Inc legitimate?

New Day Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Day Schools 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: $297,358
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,213,343

For more financial information, click here


Official website here: www.compassmemphis.org

What is the mission statement of New Day Schools Inc?

New Day Schools Inc, doing business as Compass Community Schools, is dedicated to preparing students for long-term success by fostering their overall development. Through a strong emphasis on academic excellence, they strive to provide students with a solid educational foundation. Additionally, the institution incorporates values-based character education into their curriculum to cultivate moral and ethical values in their students. Moreover, Compass Community Schools encourages community involvement through service learning projects. These initiatives not only contribute to the betterment of the community, but also instill a sense of civic responsibility and empathy in students. The ultimate goal is to equip students with the necessary skills and virtues for college and lifelong success.


Official website here: www.compassmemphis.org

Who is the CEO of New Day Schools Inc?

Kristi Baird is the Executive Director of New Day Schools Inc.


Official website here: www.compassmemphis.org

What is the revenue of New Day Schools Inc?

New Day Schools Inc's revenue in 2022 was $20,547,057.


Official website here: www.compassmemphis.org

Who are the executives of New Day Schools Inc and what are their salaries?

The average compensation at New Day Schools Inc during 2022 was $32,238. There are 264 employees at New Day Schools Inc.


Here are 11 key members and their salaries:


Kristi Baird (Executive Director)
  • Compensation: $166,924
  • Related: $0
  • Other: $21,985
Elizabeth M Woodcock (Chief Operating Officer)
  • Compensation: $114,071
  • Related: $0
  • Other: $14,281
Dr John Smarrelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Sloyan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bishop Emeritus J Terry Steib (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Greer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Diaz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daisy Diaz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Richard Potts (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Regan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Petrusek (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.compassmemphis.org

Where can I find the form 990 for New Day Schools Inc?

New Day Schools Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.compassmemphis.org

Learn more at the official website: www.compassmemphis.org

Mission Statement of New Day Schools Inc

New Day Schools Inc Dba Compass Community Schools is dedicated to preparing students for college and lifelong success by nurturing their development as a whole. Through a multifaceted approach, the organization focuses on academic excellence, values-based character education, and service learning in the community.

In practice, this means that Compass Community Schools offers an educational experience that goes beyond the classroom. Students are challenged to excel academically while also being encouraged to embrace a strong moral compass. Furthermore, they are given opportunities to apply their learning in real-world situations through community service projects.

At Compass Community Schools, academic growth is a priority. The curriculum is designed to ensure students are well-equipped to meet the demands of higher education and the workforce. Character education, on the other hand, helps students develop essential virtues such as honesty, respect, and responsibility. This holistic approach allows students to thrive not only intellectually but also morally and socially.

Moreover, the organization believes in the power of service learning in fostering personal growth and community engagement. Students are encouraged to engage in various projects that address the needs of their local communities. This not only instills a sense of empathy and compassion but also instills a lifelong commitment to making a positive impact in the world.

In summary, New Day Schools Inc Dba Compass Community Schools is a beacon of hope for students, offering them an educational experience that prioritizes their overall development. By focusing on academic excellence, values-based character education, and service learning in the community, the organization equips students with the knowledge, values, and skills they need to succeed in college and beyond.

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Impact




October, 2024

New Day Schools Inc. profoundly impacts its students and the broader community by preparing young individuals for college and lifelong success. The organization emphasizes developing the whole child, which means fostering not just academic achievement but also personal growth and character development. By integrating values-based character education and service learning into the curriculum, students are equipped with essential skills and ethical foundations necessary for navigating the challenges of adult life.

Located in Memphis, TN, New Day Schools Inc. creates an environment where academic excellence is paramount, encouraging students to excel academically while also instilling a strong sense of community responsibility and ethical decision-making. The focus on service learning enables students to engage with their community, fostering a sense of belonging and understanding of their role in society.

Overall, New Day Schools Inc. plays a vital role in shaping well-rounded individuals who are prepared to thrive academically and contribute positively to their communities, thus laying the groundwork for a brighter future.




This information is meant to be a general summary of New Day Schools 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
$20,547,057 (2022)
Expenses
$14,353,930 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $12,864,504
  • Gross Receipts: $20,547,057

Assets and Liabilities:

  • Total Assets: $16,261,441
  • Total Liabilities: $4,162,430
  • Net Assets: $12,099,011

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Programs

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

SCS PUPIL ALLOCATION

Revenue

$12,811,164

STUDENT SERVICES

Revenue

$53,340

Organization Details

Founding Year

2017

Principal Officer

Kristi Baird

Main Address

61 N MCLEAN BLVD, MEMPHIS, TN, 38104

NTEE Category

Code: B29 - Education

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