Compass Community Development Corporation
EIN: 274648389 · Columbia, SC · NTEE: J20
| Metric | Value |
|---|---|
| Total Revenue | $76K |
| Total Expenses | $26K |
| Net Assets | $56K |
Is Compass Community Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Compass Community Development Corporation
Compass Community Development Corporation (EIN: 274648389) is a nonprofit organization based in Columbia, SC, classified under NTEE code J20. The organization reported total revenue of $76K and total assets of $147K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Compass Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Compass Community Development Corporation is a micro nonprofit that has been operating for 15 years, with 9 years of IRS 990 filings on record (2012–2020). Revenue has grown at a compound annual rate of -13.7%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $17K |
| Total Expenses | $26K |
| Surplus / Deficit | $-8,829 |
| Total Assets | $113K |
| Total Liabilities | $57K |
| Net Assets | $56K |
| Operating Margin | -52.5% |
| Debt-to-Asset Ratio | 50.8% |
| Months of Reserves | 52.8 months |
Financial Health Grade: C
In 2020, Compass Community Development Corporation reported a deficit of $9K with expenses exceeding revenue, holds 52.8 months of operating reserves (strong position), has a debt-to-asset ratio of 50.8% (high leverage).
Financial Trends
Over 9 years of filings (2012–2020), Compass Community Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -51.4% | +4.8% | -6.2% |
| 2019 | +26.5% | -7.1% | +8.6% |
| 2018 | -27.2% | -7.8% | -0.4% |
| 2017 | +92.7% | +75.1% | -4.6% |
| 2016 | -40.7% | -33.1% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Compass Community Development Corporation 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 Community Development Corporation 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 50.8%.
Frequently Asked Questions about Compass Community Development Corporation
Is Compass Community Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Compass Community Development Corporation (EIN: 274648389) insufficient data. 0 red flags identified, 0 strengths noted.
How does Compass Community Development Corporation spend its money?
Detailed spending breakdown data is not yet available for Compass Community Development Corporation. Check back for updated IRS 990 analysis.
Are donations to Compass Community Development Corporation tax-deductible?
Compass Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 274648389). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Compass Community Development Corporation located?
Compass Community Development Corporation is headquartered in Columbia, South Carolina and files with the IRS under EIN 274648389. It is classified under NTEE code J20.
How many years of IRS 990 filings does Compass Community Development Corporation have?
Compass Community Development Corporation has 9 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 $76K in total revenue.
Filing History
IRS 990 filing history for Compass Community Development Corporation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2020), Compass Community Development Corporation's revenue has declined by 69.3%, moving from $55K to $17K. Total assets decreased by 2.3% over the same period, from $115K to $113K. Total functional expenses fell by 8.6%, from $28K to $26K. In its most recent filing year (2020), Compass Community Development Corporation reported a deficit of $9K, with expenses exceeding revenue. The organization holds $57K in liabilities against $113K in assets (debt-to-asset ratio: 50.8%), resulting in net assets of $56K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $17K | $26K | $113K | $57K | — | — |
| 2019 | $35K | $24K | $120K | $52K | — | View 990 |
| 2018 | $27K | $26K | $111K | $53K | — | View 990 |
| 2017 | $38K | $29K | $111K | $57K | — | View 990 |
| 2016 | $20K | $16K | $117K | $71K | — | View 990 |
| 2015 | $33K | $24K | $119K | $77K | — | View 990 |
| 2014 | $40K | $40K | $110K | $80K | — | View 990 |
| 2013 | $26K | $26K | $111K | $82K | — | View 990 |
| 2012 | $55K | $28K | $115K | $86K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $17K, expenses of $26K, and assets of $113K (revenue -51.4% year-over-year).
- 2019: Revenue of $35K, expenses of $24K, and assets of $120K (revenue +26.5% year-over-year).
- 2018: Revenue of $27K, expenses of $26K, and assets of $111K (revenue -27.2% year-over-year).
- 2017: Revenue of $38K, expenses of $29K, and assets of $111K (revenue +92.7% year-over-year).
- 2016: Revenue of $20K, expenses of $16K, and assets of $117K (revenue -40.7% year-over-year).
- 2015: Revenue of $33K, expenses of $24K, and assets of $119K (revenue -18.7% year-over-year).
- 2014: Revenue of $40K, expenses of $40K, and assets of $110K (revenue +57.0% year-over-year).
- 2013: Revenue of $26K, expenses of $26K, and assets of $111K (revenue -52.9% year-over-year).
- 2012: Revenue of $55K, expenses of $28K, and assets of $115K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Compass Community Development Corporation:
Data Sources and Methodology
This transparency report for Compass Community Development Corporation 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.