Compass Outreach and Education Center Inc
Nonprofit profile at a glance
- EIN
- 472130926
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-N 2019
- Location
- Fort Lauderdale, FL, USA
- Phone
- 9543090109
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $371,658
- Expenses
- $407,493
- Assets
- $22,439
- Liabilities
- $72,397
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Laurel E Suarez (President)
- Mercedes Moorehead (Vice President)
Highest reported compensation
- Laurel E Suarez (President): $18,267 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To cultivate the community of life long learner by providing personalized educational experiences, designed to fit the life styles of our families.
What it reported doing in 2024
Compass Outreach and Education Center, a registered 501(c)(3) nonprofit organization, is committed to providing accessible, high-quality education to students who need it most. In 2024, Compass Outreach and Education Center embraced a year filled with creativity, resilience, and growth. We kicked off with team-building activities, celebrated cultural events like Hispanic Heritage Month and Black History Month, and brought learning to life through hands-on experiences such as passion-based projects, mock elections, entrepreneurship workshops, and STEM challenges like our student-designed theme parks. Our students showcased innovation in the annual Cardboard Boat Race, the Trashion Show, and at our Winter Bazaar, while also nurturing emotional growth through social-emotional learning activities and tending to our school garden. We cooked, crafted, read, created, and explored the world around us with field trips and storytelling. Despite the lasting impact of the 2023 flood, we maintained full enrollment, completed renovations, and returned to our school stronger than ever. From civic engagement to small business development, our students flourished in an environment that champions curiosity, compassion, and confidence. 30 families served
Operating model
- Revenue model
- Other-operating. 91% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 92
- Accountability: 80
- Sustainability: 16
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.7%; rating input score 98
- Program expense ratio: 89.1%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 22nd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -9.6%; rating input score 23; 23rd percentile among comparable filings
- Total-asset coverage ratio: 0.06; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 3.23; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 4.5%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: 18.2% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 10.2% per year; rating input score 100; 73rd percentile among comparable filings
- Asset growth: -56.6% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 97.7% of revenue deployed · 89.1% of spending went to programs
- Governance: 5 of 6 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $363K in reported program spending
- Leadership: top reported pay $18K · 6 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Sustainability: Operating margin scored 23/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.