Compasspoint Mentorship EIN 46-2389059 Form 990 (PDF) Claim this org

Compasspoint Mentorship FY2024 filing

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Empowers children to create world-changing actions through education, mentorship, and leadership. For fiscal year 2024 it reported $540K in revenue, $500K in expenses, and $149K in net assets.Pt I

Founded
2012
Type
Public charity (501(c)(3)) · Unclassified
Location
Sunnyvale, CA
Website
www.cpmentorship.org
Filings
3 on file (2023–2024)
Revenue
$540KFY2024
Expenses
$500K
Net assets
$149K
People
4
Filings
3
Updates
0
More identity details & actions ⌄
EIN  46-2389059 Public charity (501(c)(3)) Sunnyvale, CA Founded 2012
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Empowers children to create world-changing actions through education, mentorship, and leadership.
Leadership
Catherine Liu · Executive Di · $104K
Money in and out
$540K revenue, $500K expenses
Bottom line
63% program efficiency
Where the money goes · FY2024
Total revenue
$540K
Pt VIII · Ln 12
Total expenses
$500K
Pt IX · Ln 25
Net assets
$149K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $40K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.37
Program efficiency
63%
of spending reaches programs
Operating runway
3.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$540K
FY2024▲ +56%
Expenses
$500K
FY2024▲ +93%
Total assets
$149K
FY2024▲ +37%
Total liabilities
$648
FY2024
Total revenue
$540K
Pt VIII · Ln 12
Total expenses
$500K
Pt IX · Ln 25
Net assets
$149K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$40K
Total assetsPt X · Ln 16$149K
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $316K of program spending, described in the organization's own filed words · FY2024.
01

Summer camp program compasspoint mentorship's summer camp program in san jose transforms youth trajectories through innovative outdoor, leadership development, and stem education. We serve over 300 including providing full scholarships to over 50 underserved youth each year including transportation and daily lunch.

$193Kprogram expense
02

Committee programs the youth committee at compasspoint mentorship leads student-driven committees and special projects that build leadership, civic responsibility, and career readiness. Current committees include data science for social justice, sustainability, public art, history and culture, and wellness.

$93Kprogram expense
03

Music programs currently, we offer violin and band classes across various schools, including happy mozart music school, and provide free music programs during our summer camps. The music program continues to grow each year, inspiring more students to participate in band, orchestra, and concert performances while developing confidence…

$29Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCompasspoint Mentorship
EINHdr · item D46-2389059
Principal addressHdr · item CSunnyvale, CA
WebsiteHdr · item Jwww.cpmentorship.org
Year of formationHdr · item L2012
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFUnclassified (Z99)
Ruling yearIRS BMFMay 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$103,976Pt VII · Sec A
Development
$0Pt VII · Sec A
Managing Dir
$0Pt VII · Sec A
Youth Prog D
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023
Catherine Liu$100,000$103,976
Catherine Liu$70,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$359K · 67%
Program service revenue$179K · 33%
Contributions & grants67%$359K
Program service revenue33%$179K
Investment income$1K
— government grantsLn 1e$42K
Total revenueLn 12$540K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.37
Program services63%$316K
Management & general37%$184K
Total functional expensesLn 25$500K

Balance Sheet

Part X · end of year
CashLn 1$148K
Total assetsLn 16$149K
Total liabilitiesLn 26$648
Total net assetsLn 32$149K
Months of cash on handcomputed3.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $148K · Operating expenses/yr $500K
3.5 months
Where the money goes
Program services
Program services $316K · Total expenses $500K
63%
Management & General
Management & general $184K · Total expenses $500K
37%
Fundraising
Fundraising $0 · Total expenses $500K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $295K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $359K · Total revenue $540K
67%
Government reliance
Government grants $42K · Total revenue $540K
8%
Earned-income share
Program service revenue $179K · Total revenue $540K
33%
Investment reliance
Investment income $1K · Total revenue $540K
+0.3%
Program self-sufficiency
Program service revenue $179K · Total expenses $500K
36%
Growth & trend
Revenue growth (YoY)
This year $540K · Prior year $346K
+56%
Net-asset trend (YoY)
End of year $149K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $540K · Expenses $500K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $149K
Net-asset ratio
Net assets $149K · Total assets $149K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $149K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Catherine Liu · Reported title EXECUTIVE DI · Highest reported compensation $104K · Total expenses $500K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $104K · Total expenses $500K
21%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 37%
Fundraising cost ratio 0%
Revenue growth 56%
Accounting fee ratio 0.05%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 2 grants · $21K · 2024–2025
William Jesseup UniversityFY2025$10,600
Globalasian Media Entertainment LLCFY2024$10,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$613K revenue · ⤓ 990 PDF
FY2024$540K revenue · viewing · ⤓ 990 PDF
FY2023$346K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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