Compass Charter School
EIN: 464343210 · Brooklyn, NY · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $8.5M |
| Total Expenses | $7.6M |
| Net Assets | $2.8M |
Is Compass Charter School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Compass Charter School
Compass Charter School (EIN: 464343210) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code B20. The organization reported total revenue of $8.5M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Compass Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Compass Charter School is a mid-size nonprofit that has been operating for 11 years, with 11 years of IRS 990 filings on record (2014–2024). Revenue has grown at a compound annual rate of 39.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.2M |
| Total Expenses | $7.6M |
| Surplus / Deficit | +$593K |
| Total Assets | $3.3M |
| Total Liabilities | $593K |
| Net Assets | $2.8M |
| Operating Margin | 7.2% |
| Debt-to-Asset Ratio | 17.7% |
| Months of Reserves | 5.3 months |
Financial Health Grade: A
In 2024, Compass Charter School reported a surplus of $593K with revenue exceeding expenses, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 17.7% (very low leverage).
Financial Trends
Over 11 years of filings (2014–2024), Compass Charter School's revenue has grown at a compound annual growth rate (CAGR) of 39.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +14.4% | +8.1% | +27.7% |
| 2023 | -7.6% | +4.0% | -18.3% |
| 2022 | +22.4% | +8.6% | +24.1% |
| 2021 | +4.0% | +6.1% | +14.4% |
| 2020 | +7.6% | +6.0% | +92.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Compass Charter School has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Compass Charter School with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $593K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.7%.
Frequently Asked Questions about Compass Charter School
Is Compass Charter School a legitimate charity?
Compass Charter School (EIN: 464343210) is a registered tax-exempt nonprofit based in New York. It has 11 years of IRS 990 filings on record. Total revenue: $8.5M. No red flags identified. Financial health grade: A.
How does Compass Charter School spend its money?
Compass Charter School reported $8.5M in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Compass Charter School tax-deductible?
Compass Charter School is registered as a tax-exempt nonprofit (EIN: 464343210). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Compass Charter School located?
Compass Charter School is headquartered in Brooklyn, New York and files with the IRS under EIN 464343210. It is classified under NTEE code B20.
How many years of IRS 990 filings does Compass Charter School have?
Compass Charter School has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $8.5M in total revenue.
Filing History
IRS 990 filing history for Compass Charter School showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2014–2024), Compass Charter School's revenue has grown by 2745.4%, moving from $289K to $8.2M. Total assets increased by 1193.3% over the same period, from $259K to $3.3M. Total functional expenses rose by 3803.2%, from $195K to $7.6M. In its most recent filing year (2024), Compass Charter School reported a surplus of $593K, with revenue exceeding expenses. The organization holds $593K in liabilities against $3.3M in assets (debt-to-asset ratio: 17.7%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $8.2M | $7.6M | $3.3M | $593K | — | View 990 |
| 2023 | $7.2M | $7.1M | $2.6M | $460K | — | View 990 |
| 2022 | $7.8M | $6.8M | $3.2M | $1.2M | — | View 990 |
| 2021 | $6.4M | $6.2M | $2.6M | $1.5M | — | View 990 |
| 2020 | $6.1M | $5.9M | $2.3M | $1.3M | — | View 990 |
| 2019 | $5.7M | $5.6M | $1.2M | $466K | — | View 990 |
| 2018 | $4.7M | $4.7M | $928K | $349K | — | View 990 |
| 2017 | $3.6M | $3.6M | $800K | $269K | — | View 990 |
| 2016 | $2.7M | $2.5M | $688K | $241K | — | View 990 |
| 2015 | $2.1M | $1.9M | $496K | $196K | — | View 990 |
| 2014 | $289K | $195K | $259K | $165K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $8.2M, expenses of $7.6M, and assets of $3.3M (revenue +14.4% year-over-year).
- 2023: Revenue of $7.2M, expenses of $7.1M, and assets of $2.6M (revenue -7.6% year-over-year).
- 2022: Revenue of $7.8M, expenses of $6.8M, and assets of $3.2M (revenue +22.4% year-over-year).
- 2021: Revenue of $6.4M, expenses of $6.2M, and assets of $2.6M (revenue +4.0% year-over-year).
- 2020: Revenue of $6.1M, expenses of $5.9M, and assets of $2.3M (revenue +7.6% year-over-year).
- 2019: Revenue of $5.7M, expenses of $5.6M, and assets of $1.2M (revenue +20.1% year-over-year).
- 2018: Revenue of $4.7M, expenses of $4.7M, and assets of $928K (revenue +29.6% year-over-year).
- 2017: Revenue of $3.6M, expenses of $3.6M, and assets of $800K (revenue +37.5% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.5M, and assets of $688K (revenue +27.2% year-over-year).
- 2015: Revenue of $2.1M, expenses of $1.9M, and assets of $496K (revenue +621.5% year-over-year).
- 2014: Revenue of $289K, expenses of $195K, and assets of $259K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Compass Charter School:
Data Sources and Methodology
This transparency report for Compass Charter School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.