Overview
What is Compass Cbs Foundation?
The Compass CBS Foundation is a nonprofit organization situated in Arizona, dedicated to empowering the minority entrepreneurial community, particularly Black and Latinx small business owners. Around three-quarters of their program attendees prefer the Spanish language. The foundation certifies and supports small business owners through its Certified Small Business Consultant Program, boasting nearly 60 certified consultants. Moreover, the foundation has enrolled approximately 300 small businesses in its Going Green and Going Smart Program, helping them adopt eco-friendly practices.
Is Compass Cbs Foundation legitimate?
Compass Cbs Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compass Cbs Foundation submitted a form 990EZ, 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.
What is the mission statement of Compass Cbs Foundation?
The Compass CBS Foundation is dedicated to serving the entrepreneurial community, with a particular focus on Black and Latinx small business owners. Its mission involves providing support, including certified business consultants, through its Certified Small Business Consultant Program, which has accredited nearly 60 consultants. The foundation also engages with a substantial number of small businesses, approximately 75% of which prefer Spanish, by enrolling them in its Going Green and Going Smart Program. This program aids these businesses in becoming more environmentally friendly.
Who is the CEO of Compass Cbs Foundation?
Edgar Olivo is the President of Compass Cbs Foundation.
What is the revenue of Compass Cbs Foundation?
Compass Cbs Foundation's revenue in 2022 was $182,918.
Who are the executives of Compass Cbs Foundation and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990EZ for Compass Cbs Foundation?
Compass Cbs Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Compass Cbs Foundation
The Compass CBS Foundation is committed to supporting the minority entrepreneurial community, with a particular focus on Black and Latinx small business owners. The organization provides assistance to a substantial number of attendees who prefer the Spanish language, making up around 75% of its audience. One of the key initiatives of Compass CBS Foundation is its Certified Small Business Consultant Program, which has accredited nearly 60 consultants. These professionals work closely with the minority-owned small businesses under its wing. Furthermore, the foundation has enrolled approximately 300 small businesses in its Going Green and Going Smart Program. This program aims to help these businesses become more environmentally friendly, promoting sustainable practices. By doing so, Compass CBS Foundation is not only supporting the growth of minority-owned businesses but also advocating for environmental consciousness within the entrepreneurial community.
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Impact
October, 2024
Compass CBS Foundation has made significant strides in empowering minority entrepreneurs in Arizona, particularly focusing on Black and Latinx small business owners. By providing tailored support and resources, the foundation fosters a thriving ecosystem for these entrepreneurs.
One of its key initiatives is the Certified Small Business Consultant Program, which has certified nearly 60 consultants dedicated to assisting minority-owned businesses. This program empowers business owners with essential skills and guidance to navigate the complexities of entrepreneurship.
Additionally, the foundation’s Going Green and Going Smart Program has enrolled close to 300 small businesses, promoting sustainability and eco-friendliness in their operations. This initiative not only helps businesses reduce their environmental impact but also positions them to thrive in a market that increasingly values sustainability.
With approximately 75% of program attendees preferring Spanish-language support, Compass CBS Foundation places a strong emphasis on accessibility and inclusivity, ensuring that language barriers do not hinder the growth of its constituents. Through these impactful programs and a commitment to community improvement, the foundation plays a crucial role in enhancing the entrepreneurial landscape for minority communities in Arizona.
This information is meant to be a general summary of Compass Cbs Foundation. 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: $180,918
- Gross Receipts: $182,918
Assets and Liabilities:
- Total Assets: $56,711
- Total Liabilities: $0
- Net Assets: $56,711
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Organization Details
Principal Officer
Edgar Olivo
Main Address
PO BOX 22767, Scottsdale, AZ, 85255
NTEE Category
Code: S43 - Community improvement
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