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COMPASS CBS FOUNDATION: Form 990EZ, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
COMPASS CBS FOUNDATION (EIN 83-0979558)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-05-18
IRS object ID
202101389349201160
Schema version
2020v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-05-18T14:53:15-04:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt
Return Type990EZReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN830979558EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COMPASS CBS FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Paul TaliercioInCareOfNm
Business Name ControlCOMPBusinessNameControlTxt
Foreign Phone6027590553ForeignPhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 22767AddressLine1Txt
CityScottsdaleCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85255ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPaul TaliercioPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2021-05-18SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization OtherYes (X)TypeOfOrganizationOtherInd
Type Of Organization OtherFoundationTypeOfOrganizationOtherDesc
Gross Receipts$105,000GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Program Service Revenue$105,000ProgramServiceRevenueAmt
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Total Revenue$105,000TotalRevenueAmt
Grants And Similar Amounts Paid$4,000GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$80,000FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$2,492OccupancyRentUtltsAndMaintAmt
Total Expenses$86,492TotalExpensesAmt
Excess Or Deficit For Year$18,508ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$0NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$18,508NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$18,508EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$18,508EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$18,508EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeCompass CBS Foundation supports economic empowerment initiatives by creating educational programs for multicultural, entrepreneurial communities and by sponsoring innovative groups who make a difference in Arizona. Through our learning events and virtual trainings, Compass CBS Foundation hopes to provide the right tools, expertise and strategies for multicultural professionals and small businesses to thrive, and in turn, contribute to Arizona's economic and social growth.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (2 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
CARES Act Readiness Program. While Arizona's small business segment was thriving at the start of 2020, many small business owners are not aware of energy efficiency programs, incentives and other sustainability practices that can improve their bottom line. We partnered with APS - Arizona Public Service and Prescott business leaders to offer the Going Green and Going Smart Program. The live program was paused due to COVID-19 and served over 100 small business owners during its tenure.$0$5,000
The CARES Act Readiness Program for Small Businesses is a free training program that helps both novice and experienced borrowers navigate the CARES Act and get access to the capital they need to sustain their business. The Arizona Small Business Association and Arizona Chamber of Commerce have joined forces to bring you the CARES Act Readiness Program for Small Businesses. This training program - which is offered at no cost to you - helps both novice and experienced borrowers successfully access relief funds. To learn more, visit, www.caresactaz.com.$0$80,000
FieldValueIRS element (for citing)
Total Program Service Expenses$85,000TotalProgramServiceExpensesAmt
Info In Schedule O Part IVYes (X)InfoInScheduleOPartIVInd

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Edgar Olivo
President10$0$0$0
Paul Taliercio
Treasurer5$0$0$0
Tanya Ospitale
Secretary5$0$0$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldAZStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonPaul TaliercioPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 22767AddressLine1Txt
CityScottsdaleCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85255ZIPCd
FieldValueIRS element (for citing)
Phone6027590553PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind
Substantial Contributors Tot$0SubstantialContributorsTotAmt
Public Support Total170$0PublicSupportTotal170Amt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,130CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$12,130TotalAmt
FieldValueIRS element (for citing)
Total Support$12,130TotalSupportAmt
Gross Receipts Rltd Activities$0GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, line 10FormAndLineReferenceDesc
Explanation| Activity:, Grantee Name:, Grantee Address:, Amount:, Relationship:| Financial Assistance/Grant, Arizona Humanities, "1242 N. Central Ave. Phoenix, AZ 85004", $1000.00, None| Financial Assistance/Grant, LEGAL SERVICES FOR CRIME VICTIMS IN, "P.O. Box 2156, Sun City, AZ 85372", $1000.00, None| Financial Assistance/Grant, One Community AZ, "3550 N Central Ave Ste 1710, Phoenix, AZ 85012", $1000.00, None| Financial Assistance/Grant, George Washington Carver Museum and, "415 E. Grant St. Phoenix, AZ", $1000.00, None|ExplanationTxt

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