Compass Education
EIN: 474557475 · Hoover, AL · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $167K |
| Total Expenses | $109K |
| Net Assets | $-58,285 |
Is Compass Education Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Compass Education
Compass Education (EIN: 474557475) is a nonprofit organization based in Hoover, AL, classified under NTEE code B90. The organization reported total revenue of $167K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Compass Education's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Compass Education is a small nonprofit that has been operating for 10 years, with 4 years of IRS 990 filings on record (2015–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $87K |
| Total Expenses | $109K |
| Surplus / Deficit | $-22,182 |
| Total Assets | $1K |
| Total Liabilities | $60K |
| Net Assets | $-58,285 |
| Operating Margin | -25.5% |
| Debt-to-Asset Ratio | 4846.3% |
| Months of Reserves | 0.1 months |
Financial Health Grade: D
In 2023, Compass Education reported a deficit of $22K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 4846.3% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.3% | -8.7% | -22.0% |
| 2022 | +15.5% | +33.1% | -85.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Compass Education 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 Education 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4846.3%.
Frequently Asked Questions about Compass Education
Is Compass Education a legitimate charity?
Compass Education (EIN: 474557475) is a registered tax-exempt nonprofit based in Alabama. It has 4 years of IRS 990 filings on record. Total revenue: $167K. No red flags identified. Financial health grade: D.
How does Compass Education spend its money?
Compass Education reported $167K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Compass Education tax-deductible?
Compass Education is registered as a tax-exempt nonprofit (EIN: 474557475). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Compass Education located?
Compass Education is headquartered in Hoover, Alabama and files with the IRS under EIN 474557475. It is classified under NTEE code B90.
How many years of IRS 990 filings does Compass Education have?
Compass Education has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $167K in total revenue.
Filing History
IRS 990 filing history for Compass Education showing financial trends over 4 years of public records:
In its most recent filing year (2023), Compass Education reported a deficit of $22K, with expenses exceeding revenue. The organization holds $60K in liabilities against $1K in assets (debt-to-asset ratio: 4846.3%), resulting in net assets of $-58,285.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $87K | $109K | $1K | $60K | — | View 990 |
| 2022 | $88K | $119K | $2K | $38K | — | View 990 |
| 2021 | $76K | $90K | $11K | $16K | — | View 990 |
| 2015 | $0 | $0 | $0 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $87K, expenses of $109K, and assets of $1K (revenue -1.3% year-over-year).
- 2022: Revenue of $88K, expenses of $119K, and assets of $2K (revenue +15.5% year-over-year).
- 2021: Revenue of $76K, expenses of $90K, and assets of $11K.
- 2015: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Compass Education:
Data Sources and Methodology
This transparency report for Compass Education 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.