Compass Academy Network Inc (EIN 834337444) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Phone

4176163565

Tax Period

2023-01-01 to 2023-12-31

Compass Academy Network Inc, founded in 2019, is a small nonprofit in the Education sector that reported $651K in total revenue in fiscal year 2023. Revenue surged 154% from the prior year, signaling strong growth momentum. Expenses of $561K left a modest 14% surplus.

Mission

THE COMPASS ACADEMY NETWORK PROVIDES FREE PROGRAM FOR RURAL, UNDERSERVED MIDDLE SCHOOL STUDENTS TO ENHANCE THEIR KNOWLEDGE & SKILLS THROUGH ACADEMIC & PERSONAL DEVELOPMENT EDUCATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $650,303

Program Service Revenue $0

Investment Income $0

Other Revenue $650

TOTAL REVENUE $650,953

Expense Breakdown

Grants Paid $6,260

Salaries & Benefits $203,483

Fundraising Expenses $0

Program Expenses $529,871

Other Expenses $351,508

TOTAL EXPENSES $561,251

Year-over-Year Comparison

	2023	2022	Change
Revenue	$650,953	$256,746	+1.5%
Expenses	$561,251	$286,937	+1.0%
Net Income	$89,702	$-30,191	-4.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	SECRETARY,TREASURER & DIRECTOR	1.0	Officer Director	$0	$0	$0
N/A	PRESIDENT AND DIRECTOR	10.0	Officer Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$650,953	$561,251	$123,545	$89,702
2022	$256,746	$286,937	$33,843	$-30,191
2021	$139,892	$181,080	$64,034	$-41,188
2020	$62,103	$82,500	$105,222	$-20,397
2019	$305,890	$180,271	$125,619	$125,619

Compass Academy Network Inc