Quick charity verification for Compass Working Capital Inc (EIN: 203975100)
Verdict: Compass Working Capital Inc appears trustworthy
88/100Mission Score
$18.4MRevenue
$26.3MAssets
1Red Flags
4Strengths
Red Flags
Unclear executive compensation reporting (0% officer comp across all filings despite significant revenue)
Strengths
Consistent revenue growth over a decade (from $1.47M in 2014 to $9.71M in 2023)
Healthy financial surpluses in most periods, contributing to asset growth
Strong asset base relative to liabilities (e.g., $9.2M assets vs $0.82M liabilities in 2023)
Demonstrated financial stability and sustainability
Spending Breakdown
How Compass Working Capital Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Compass Working Capital Inc
Is Compass Working Capital Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Compass Working Capital Inc (EIN: 203975100) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Compass Working Capital Inc a good charity to donate to?
Compass Working Capital Inc has a Mission Score of 88/100. Revenue: $18.4M. Assets: $26.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Compass Working Capital Inc?
The Employer Identification Number (EIN) for Compass Working Capital Inc is 203975100. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Compass Working Capital Inc spend its money?
Compass Working Capital Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Compass Working Capital Inc's tax-exempt status?
You can verify Compass Working Capital Inc's tax-exempt status using EIN 203975100 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Compass Working Capital Inc demonstrates strong financial health and consistent growth over the past decade. In the latest filing (202308), the organization reported revenues of $9,714,952 against expenses of $7,691,585, resulting in a surplus that contributes to its growing asset base of $9,217,842. This trend of revenue exceeding expenses is largely consistent across its filing history, indicating sound financial management and sustainability. The organization's liabilities remain a small fraction of its assets, suggesting a healthy balance sheet.
Spending efficiency appears robust, with a significant portion of expenses likely directed towards program services, given the consistent surpluses and growth in assets. The absence of reported officer compensation across all filings is a notable aspect, suggesting either a volunteer-led executive team or compensation being reported under other expense categories, which could impact the perceived transparency of executive remuneration. However, the overall financial trajectory points to an organization effectively managing its resources to achieve its mission.
Transparency regarding executive compensation is a minor area for potential improvement, as the 0% officer compensation reported across all filings might not fully reflect the compensation structure if executives are paid as employees rather than officers. However, the consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and public disclosure of financial activities.