Compass Working Capital Inc
Compass Working Capital Inc shows consistent financial growth and healthy surpluses with no reported officer compensation.
EIN: 203975100 · Boston, MA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $18.4M |
| Total Expenses | $7.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $8.4M |
| Transparency Score | 88/100 |
Is Compass Working Capital Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Compass Working Capital Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Compass Working Capital Inc
Compass Working Capital Inc (EIN: 203975100) is a nonprofit organization based in Boston, MA. The organization reported total revenue of $18.4M and total assets of $26.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Compass Working Capital Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Compass Working Capital Inc is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 45.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.7M |
| Total Expenses | $7.7M |
| Surplus / Deficit | +$2.0M |
| Total Assets | $9.2M |
| Total Liabilities | $821K |
| Net Assets | $8.4M |
| Operating Margin | 20.8% |
| Debt-to-Asset Ratio | 8.9% |
| Months of Reserves | 14.4 months |
Financial Health Grade: A
In 2023, Compass Working Capital Inc reported a surplus of $2.0M with revenue exceeding expenses, holds 14.4 months of operating reserves (strong position), has a debt-to-asset ratio of 8.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Compass Working Capital Inc's revenue has grown at a compound annual growth rate (CAGR) of 45.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.5% | +12.8% | +33.2% |
| 2022 | -8.3% | +6.0% | -4.3% |
| 2021 | +13.8% | +31.4% | -17.9% |
| 2020 | +48.9% | +25.8% | +143.0% |
| 2019 | +36.6% | +28.4% | +20.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Compass Working Capital Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Compass Working Capital Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.9%.
Executive Compensation Analysis
No officer compensation has been reported across all 13 IRS 990 filings, which is unusual for an organization of this size with revenues reaching nearly $10 million in the latest period. This suggests either a volunteer executive leadership or that executive salaries are categorized differently, which could obscure a full understanding of compensation practices.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Compass Working Capital Inc's IRS 990 filings:
- Unclear executive compensation reporting (0% officer comp across all filings despite significant revenue)
Strengths
The following positive indicators were identified for Compass Working Capital Inc:
- 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
Frequently Asked Questions about Compass Working Capital Inc
Is Compass Working Capital Inc a legitimate charity?
Compass Working Capital Inc (EIN: 203975100) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $18.4M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Compass Working Capital Inc spend its money?
Compass Working Capital Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Compass Working Capital Inc tax-deductible?
Compass Working Capital Inc is registered as a tax-exempt nonprofit (EIN: 203975100). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Compass Working Capital Inc CEO make?
Compass Working Capital Inc's highest-compensated officer earns $10 annually. The organization reported $18.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Compass Working Capital Inc's spending goes to programs?
Compass Working Capital Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Compass Working Capital Inc located?
Compass Working Capital Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 203975100.
How many years of IRS 990 filings does Compass Working Capital Inc have?
Compass Working Capital Inc has 13 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 $18.4M in total revenue.
Is Compass Working Capital Inc a good charity?
Based on its financial health, consistent growth, and significant surpluses, Compass Working Capital Inc appears to be a financially sound organization. The lack of reported officer compensation is a unique aspect that could be viewed positively for resource allocation, assuming executive functions are adequately covered.
How has Compass Working Capital Inc's revenue grown over time?
Compass Working Capital Inc has shown substantial revenue growth, increasing from $1,471,852 in 201408 to $9,714,952 in 202308, demonstrating a strong upward trend in its financial capacity.
What is the organization's asset-to-liability ratio?
In the latest filing (202308), Compass Working Capital Inc's assets were $9,217,842 and liabilities were $820,979, resulting in a healthy asset-to-liability ratio of approximately 11.2:1, indicating strong financial stability.
Why is officer compensation reported as 0% across all filings?
The consistent reporting of 0% officer compensation across all 13 filings is unusual for an organization of this scale. It might indicate that executive leadership is entirely volunteer-based, or that compensation for individuals performing executive functions is reported under other expense categories, such as salaries and wages for employees, rather than specifically as officer compensation.
Filing History
IRS 990 filing history for Compass Working Capital Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Compass Working Capital Inc's revenue has grown by 9097.9%, moving from $106K to $9.7M. Total assets increased by 2506.7% over the same period, from $354K to $9.2M. Total functional expenses rose by 2038.9%, from $360K to $7.7M. In its most recent filing year (2023), Compass Working Capital Inc reported a surplus of $2.0M, with revenue exceeding expenses. The organization holds $821K in liabilities against $9.2M in assets (debt-to-asset ratio: 8.9%), resulting in net assets of $8.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.7M | $7.7M | $9.2M | $821K | — | View 990 |
| 2022 | $6.9M | $6.8M | $6.9M | $549K | — | View 990 |
| 2021 | $7.5M | $6.4M | $7.2M | $954K | — | View 990 |
| 2020 | $6.6M | $4.9M | $8.8M | $3.6M | — | View 990 |
| 2019 | $4.4M | $3.9M | $3.6M | $176K | — | View 990 |
| 2018 | $3.3M | $3.0M | $3.0M | $122K | — | View 990 |
| 2017 | $2.5M | $2.6M | $2.8M | $169K | — | View 990 |
| 2016 | $3.4M | $1.9M | $2.9M | $107K | — | View 990 |
| 2015 | $1.6M | $1.3M | $1.5M | $140K | — | View 990 |
| 2014 | $1.5M | $797K | $1.1M | $76K | — | View 990 |
| 2013 | $764K | $570K | $423K | $58K | — | View 990 |
| 2012 | $358K | $392K | $295K | $124K | — | View 990 |
| 2011 | $106K | $360K | $354K | $149K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.7M, expenses of $7.7M, and assets of $9.2M (revenue +40.5% year-over-year).
- 2022: Revenue of $6.9M, expenses of $6.8M, and assets of $6.9M (revenue -8.3% year-over-year).
- 2021: Revenue of $7.5M, expenses of $6.4M, and assets of $7.2M (revenue +13.8% year-over-year).
- 2020: Revenue of $6.6M, expenses of $4.9M, and assets of $8.8M (revenue +48.9% year-over-year).
- 2019: Revenue of $4.4M, expenses of $3.9M, and assets of $3.6M (revenue +36.6% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.0M, and assets of $3.0M (revenue +30.0% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.6M, and assets of $2.8M (revenue -26.7% year-over-year).
- 2016: Revenue of $3.4M, expenses of $1.9M, and assets of $2.9M (revenue +109.0% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.3M, and assets of $1.5M (revenue +11.0% year-over-year).
- 2014: Revenue of $1.5M, expenses of $797K, and assets of $1.1M (revenue +92.6% year-over-year).
- 2013: Revenue of $764K, expenses of $570K, and assets of $423K (revenue +113.3% year-over-year).
- 2012: Revenue of $358K, expenses of $392K, and assets of $295K (revenue +239.2% year-over-year).
- 2011: Revenue of $106K, expenses of $360K, and assets of $354K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Compass Working Capital Inc:
Data Sources and Methodology
This transparency report for Compass Working Capital Inc 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.