BETA

COMPASS 82 INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
COMPASS 82 INC (EIN 46-3845002)
Tax period
2024-04-01 to 2025-03-31
Filed
2025-11-10
IRS object ID
202543149349301979
Schema version
2024v5.2
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)
Return2025-11-10T09:37:07-06:00ReturnTs
Tax Period End2025-03-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN223480145PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HOLMAN FRENIA ALLISON PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11985 CEDAR BRIDGE AVENUE SUITE 3AddressLine1Txt
CityLAKEWOODCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08701ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-04-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463845002EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COMPASS 82 INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCOMPBusinessNameControlTxt
Phone7326042756PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11358 HOOPER AVE UNIT 123 13AddressLine1Txt
CityTOMS RIVERCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08759ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCATHERINE FARLEYPersonNm
Person TitleFINANCE DIRECTORPersonTitleTxt
Phone7326042756PhoneNum
Signature2025-11-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd
Form8822 B AttachedYes (X)Form8822BAttachedInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCRAIG R JOHNSONPreparerPersonNm
PTINP00836358PTIN
Phone7327971333PhoneNum
Preparation2025-11-10PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCATHERINE FARLEYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11358 HOOPER AVE UNIT 123 13AddressLine1Txt
CityTOMS RIVERCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08759ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,806,687GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTP//COMPASS82.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionTO MAINTAIN A PARTNERSHIP NETWORK WHICH WILL PROVIDE A COORDINATED RECOVERY EFFORT TO THE VICTIMS OF NATURAL DISASTERS.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee40TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,454,089PYContributionsGrantsAmt
CY Contributions Grants$3,166,543CYContributionsGrantsAmt
PY Program Service Revenue$3,218,091PYProgramServiceRevenueAmt
CY Program Service Revenue$2,640,144CYProgramServiceRevenueAmt
PY Investment Income$49PYInvestmentIncomeAmt
CY Investment Income-$2,169CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$5,672,229PYTotalRevenueAmt
CY Total Revenue$5,804,518CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,734,763PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,168,517CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,889,773PYOtherExpensesAmt
CY Other Expenses$2,888,065CYOtherExpensesAmt
PY Total Expenses$4,624,536PYTotalExpensesAmt
CY Total Expenses$5,056,582CYTotalExpensesAmt
PY Revenues Less Expenses$1,047,693PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$747,936CYRevenuesLessExpensesAmt
Total Assets BOY$2,342,979TotalAssetsBOYAmt
Total Assets EOY$3,543,873TotalAssetsEOYAmt
Total Liabilities BOY$1,161,079TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,614,037TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,181,900NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,929,836NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionIS TO EXPEDITE DISASTER RECOVERY IN IMPACTED COMMUNITIES FOLLOWING AN EVENT. COMPASS 82, INC. OFFERS A RANGE OF SERVICES TO THE COMMUNITIES ASSISTED BY THE ORGANIZATION AND CUSTOMIZES PROGRAMMING TO FILL GAPS AND MEET NEEDS THAT THE LOCAL PROVIDERS CANNOT YET SUPPORT. THESE SERVICES MAY INCLUDE OUTREACH, NEEDS ASSESSMENT, EDUCATION, INTAKE, BASIC CASE WORK, WORKSHOPS, OR DISASTER CASE MANAGEMENT; TO COORDINATE RECOVERY EFFORTS WITH FEDERAL, STATE, AND LOCAL AUTHORITIES AND AGENCIES; TO COORDINATE VOLUNTEER ACTIVITIES AND RESOURCES AND TO JOINTLY RESOLVE CASES WITH DISASTER RECOVERY NEEDS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,868,594ExpenseAmt
Revenue$2,640,144RevenueAmt
DescTO MAINTAIN A PARTNERSHIP NETWORK WITH IN AND ON BEHALF OF THE FAITH-BASED, NON PROFIT, GOVERNMENTAL, BUSINESS AND OTHER ORGANIZATIONS AND AGENCIES WHICH WILL PROVIDE A COORDINATED RECOVERY EFFORT TO THE VICTIMS OF NATURAL DISASTERSDesc
Total Program Service Expenses$4,868,594TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee40EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7326042756PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11358 HOOPER AVE UNIT 123 13AddressLine1Txt
CityTOMS RIVERCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08759ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtInstitutional TrusteeInstitutionalTrusteeInd
MYRLENE HAMILTON
CHAIR/PRESIDENT2.00Yes (X)Yes (X)$0$0$0
STAN FISCHER
VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
PHIL BAKELAAR
SECRETARY2.00Yes (X)Yes (X)$0$0$0
BEN HAYGOOD
TREASURER2.00Yes (X)Yes (X)$0$0$0
JACK HARRIS
TRUSTEE2.00Yes (X)$0$0$0
SUSAN MARTICEK
EXECUTIVE DIRECTOR40.00$120,677$0$0Yes (X)
BRIDGET HOLMES
DIRECTOR OF OPERATIONS40.00$64,675$0$0Yes (X)
ROBIN DUMONT
FINANCE DIRECTOR40.00$79,423$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$264,775TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DUCKY RECOVERY LLCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line15333 RIVER ROAD SUITE DAddressLine1Txt
CityHARAHANCityNm
State AbbreviationLAStateAbbreviationCd
ZIP70123ZIPCd
FieldValueIRS element (for citing)
Compensation$547,237CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$3,166,543AllOtherContributionsAmt
Total Contributions$3,166,543TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescCONTRACT REVENUEDesc
Business523000BusinessCd
Total Revenue Column$2,640,144TotalRevenueColumnAmt
Related Or Exempt Func Income$2,640,144RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$2,640,144TotalProgramServiceRevenueAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$2,169OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$2,169OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$2,169TotalRevenueColumnAmt
Exclusion-$2,169ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,804,518TotalRevenueColumnAmt
Related Or Exempt Func Income$2,640,144RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$2,169ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$264,775TotalAmt
Program Services$264,775ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,709,009TotalAmt
Program Services$1,610,320ProgramServicesAmt
Management And General$98,689ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$194,733TotalAmt
Program Services$184,996ProgramServicesAmt
Management And General$9,737ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$232TotalAmt
Program Services$232ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$18,163TotalAmt
Program Services$18,163ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,318,857TotalAmt
Program Services$2,318,857ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$36,340TotalAmt
Program Services$32,706ProgramServicesAmt
Management And General$3,634ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$8,823TotalAmt
Management And General$8,823ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$50,040TotalAmt
Management And General$50,040ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$36,118TotalAmt
Program Services$34,312ProgramServicesAmt
Management And General$1,806ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
UNMET NEEDS$228,292$228,292
TELEPHONE AND TELECOMMU$153,511$145,835$7,676
SUPPLIES$13,934$13,237$697
BUSINESS EXPENSES$13,772$6,886$6,886

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$9,983TotalAmt
Program Services$9,983ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,056,582TotalAmt
Program Services$4,868,594ProgramServicesAmt
Management And General$187,988ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,035,130BOYAmt
EOY$1,085,514EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,259,136BOYAmt
EOY$2,407,312EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,382BOYAmt
EOY$2,580EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$225,638LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$177,171LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$45,331BOYAmt
EOY$48,467EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,342,979BOYAmt
EOY$3,543,873EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$746,501BOYAmt
EOY$919,299EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$14,578BOYAmt
EOY$500,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$400,000BOYAmt
EOY$194,738EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,161,079BOYAmt
EOY$1,614,037EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

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

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

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

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$516,862BOYAmt
EOY$1,264,798EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,181,900BOYAmt
EOY$1,929,836EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,342,979BOYAmt
EOY$3,543,873EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$747,936ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,776,829CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$624,126CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,148,836CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,454,089CurrentTaxYearMinus1YearAmt
Current Tax Year$3,166,543CurrentTaxYearAmt
Total$9,170,423TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,776,829CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$624,126CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,148,836CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,454,089CurrentTaxYearMinus1YearAmt
Current Tax Year$3,166,543CurrentTaxYearAmt
Total$9,170,423TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$9,170,423PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$70CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$57CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$52CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$49CurrentTaxYearMinus1YearAmt
Total$228TotalAmt
FieldValueIRS element (for citing)
Total Support$9,170,651TotalSupportAmt
Gross Receipts Rltd Activities$5,890,185GrossReceiptsRltdActivitiesAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$159,638OtherCostOrOtherBasisAmt
Depreciation$111,171DepreciationAmt
Book Value$48,467BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$66,000OtherCostOrOtherBasisAmt
Depreciation$66,000DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$48,467TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLONG TERM DEBT, NET OF CURRENT PORTIONDesc
Amt$194,738Amt
FieldValueIRS element (for citing)
Total Liability$194,738TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$5,806,687TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$5,806,687RevenueSubtotalAmt
Other Revenues Not Included-$2,169OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$2,169RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,804,518TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,047,759TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$5,047,759ExpensesSubtotalAmt
Other Expenses Not Included$8,823OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$8,823ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,056,582TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE ORGANIZATION IS A NONPROFIT ENTITY AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES. THE ORGANIZATION IS REQUIRED TO FILE FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, WITH THE INTERNAL REVENUE SERVICE AND THE NEW JERSEY CHARITIES REGISTRATION & INVESTIGATION FORM (CRI). THE ORGANIZATION FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THIS STANDARD HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS OR ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME TAXES.
PART XI, LINE 4B - OTHER ADJUSTMENTS:LOSS OF SALE OF ASSET -2,169.
PART XII, LINE 4B - OTHER ADJUSTMENTS:INTEREST EXPENSE 8,823.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BA COMPLETE COPY OF THE 2024 FORM 990 WILL BE DISTRIBUTED TO THE BOARD FOR REVIEW AND COMMENT BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CCOMPASS 82, INC CONSIDERS THE INDEPENDENCE OF ITS BOARD TO BE AN ESSENTIAL PART OF ITS CONTINUED EXISTENCE. THE ORGANIZATION MONITORS COMPLIANCE ON AN ON-GOING BASIS THROUGH DISCUSSIONS WITH BOARD MEMBERS, BOARD MEMBER REPORTING REQUIREMENTS AND BY FOLLOWING UP ON ANY INFORMATION FURNISHED BY INDEPENDENT PARTIES.
FORM 990, PART VI, SECTION B, LINE 15CATHERINE FARLEY, FINANCE DIRECTOR, HAS AN EXTENSIVE BACKGROUND IN HUMAN RESOURCE MANAGEMENT. MS. FARLEY RECOMMENDS SALARIES TO THE BOARD, AND THE BOARD VOTES INDEPENDENTLY TO ACCEPT OR REJECT HER RECOMMENDATIONS.
FORM 990, PART VI, SECTION C, LINE 19COMPASS 82'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GPROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,318,857. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,318,857.

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