Compass Montessori School Secondary School
Nonprofit profile at a glance
- EIN
- 260051032
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-N 2011
- Location
- Golden, CO, USA
- Phone
- 3032711977
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $6,393,472
- Expenses
- $6,170,423
- Assets
- $8,779,296
- Liabilities
- $8,009,613
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- JON CORDIAL (PRESIDENT)
People named in this filing
- AMANDA BURMA (SECRETARY)
- JON CORDIAL (PRESIDENT)
- MICHAEL DERU (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Organization's mission compass montessori golden is a pk-12 charter school that uses the montessori philosophy to provide a positive learning experience for its students. The school uses multi-age classrooms with children acting as both students and instructors. The self-paced curriculum encourages independence and problem solving.
What it reported doing in 2024
Program expenses include all costs necessary to operate a pk-12 charter school.
Operating model
- Revenue model
- Earned-program. 93% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 92% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 90
- Accountability: 88
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.5%; rating input score 64
- Program expense ratio: 66.8%; rating input score 67
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3.5%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 1.42; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0.91; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: 26.9% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 8.3% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 5.3% per year; rating input score 100; 36th percentile among comparable filings
Details
- Where the money goes: 64.5% of revenue deployed · 66.8% of spending went to programs
- Governance: 6 of 6 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $4.1M in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 5 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 46/100.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.