Compass Rose Education INC FY2020 filing

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To ensure every student experiences success in school, at every grade level and in every subject, so they can be academically prepared for college.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$124K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average deficit $827K a year · 2% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$124K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 4.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $2.1M
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$9.4M
97% of total assets
Concern: liabilities are 97% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.3M
Spent
$7.2M
To programs
88%
Net assets
$315K
By yearFY2020–FY2025
Revenue
$7.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$7.3M
FY2021$19.4M
FY2022$32.2M
FY2023$46.9M
FY2024$52.9M
FY2025$52.8M
Expenses
$7.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$7.2M
FY2021$17.7M
FY2022$31.9M
FY2023$46.6M
FY2024$52.5M
FY2025$60.7M
Net assets
$315K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$315K
FY2021$2.1M
FY2022$2.2M
FY2023$4.4M
FY2024$4.8M
FY2025−$3.1M

From the FY2020 Form 990 (year ending August 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $6.3M Management & general 12% · $872K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $124K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Di
$123,766Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Paul Morrissey’s $282K as CEO/Superint is at the 61st percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Paul Morrissey$281,698$236,642$281,146$239,291$184,566$123,766
Larry Ray Reed$165,939$202,540$184,260$166,025$133,874—
Ryane Burke$176,550$179,850$159,833$136,628$108,333—
Pamela Awbrey$155,515$157,611$137,597$116,257——
Chawanna Chambers——$140,635$123,208——
Angie Williams$131,862$117,644$110,440———
Melissa Sanchez$122,000$112,055$104,854———
Hada Flores—$113,853————

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.

See Compass Rose Education INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps students succeed in school, preparing them for college.

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1 program · $6.3M · in their own filed words · FY2019
01

Equip and staff an open enrollment, tuition free charter school for grades k through 12.

$6.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
50can INCFY2024$699K
New Schools FundFY2024$165K
Total grants receivedfrom 6 funders$2.1M
See all 6 funders →

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Aug 2025 · $5.9M federal money spent
National School Lunch ProgramDepartment of Agriculture · ALN 10.555 · Through Texas Department of Agriculture$2.2M
Title I Grants to Local Educational AgenciesDepartment of Education · ALN 84.010 · Through Texas Education Agency$1.6M
School Breakfast ProgramDepartment of Agriculture · ALN 10.553 · Through Texas Department of Agriculture$889K
Special Education Grants to StatesDepartment of Education · ALN 84.027 · Through Texas Education Agency$806K
Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants)Department of Education · ALN 84.367 · Through Texas Education Agency$187K

Plus 5 smaller programs.

The auditor reported 1 finding: doubt the group can keep going, a material weakness in money controls.

Year ending Aug 2024 · $7.5M federal money spent
National School Lunch ProgramDepartment of Agriculture · ALN 10.555 · Through Texas Department of Agriculture$2.2M
Education Stabilization FundDepartment of Education · ALN 84.425 · Through Texas Education Agency$1.9M
Title I Grants to Local Educational AgenciesDepartment of Education · ALN 84.010 · Through Texas Education Agency$1.4M
School Breakfast ProgramDepartment of Agriculture · ALN 10.553 · Through Texas Department of Agriculture$832K
Special Education Grants to StatesDepartment of Education · ALN 84.027 · Through Education Service Center Region 10 and 1 more$817K

Plus 5 smaller programs.

The auditor reported no findings.

Year ending Aug 2023 · $10.1M federal money spent
Education Stabilization FundDepartment of Education · ALN 84.425 · Through Texas Education Agency$5.8M
National School Lunch ProgramDepartment of Agriculture · ALN 10.555 · Through Texas Department of Agriculture$1.5M
Title I Grants to Local Educational AgenciesDepartment of Education · ALN 84.010 · Through Texas Education Agency$1.3M
Special Education_grants to StatesDepartment of Education · ALN 84.027 · Through Texas Education Agency$662K
School Breakfast ProgramDepartment of Agriculture · ALN 10.553 · Through Texas Department of Agriculture$547K

Plus 5 smaller programs.

The auditor reported no findings.

Year ending Aug 2022 · $7.1M federal money spent
Education Stabilization FundDepartment of Education · ALN 84.425 · Through Texas Education Agency$4.2M
Title I Grants to Local Educational AgenciesDepartment of Education · ALN 84.010 · Through Texas Education Agency$990K
National School Lunch ProgramDepartment of Agriculture · ALN 10.555 · Through Texas Department of Agriculture$738K
Special Education_grants to StatesDepartment of Education · ALN 84.027 · Through Texas Education Agency$463K
School Breakfast ProgramDepartment of Agriculture · ALN 10.553 · Through Texas Department of Agriculture$280K

Plus 6 smaller programs.

The auditor reported no findings.

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$7.3M
Ln 12
Gifts and grantsLn 1h$7.3M
Other incomeLn 4–11$28K
Money outPt IX
$7.2M
Ln 25
Programscol B$6.3M
Managementcol C$872K
Owns and owesPt X
$315K
net assets · Ln 32
Cash and savingsLn 1–2$2.4M
Total assetsLn 16$9.7M
LiabilitiesLn 26$9.4M
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.3M
Government grantsLn 1e$4.7M
Other incomeLn 4–11$28K
Total revenueLn 12$7.3M
Assets in detailPt X, end of year
CashLn 1$2.4M
Cash and savings togetherLn 1–2$2.4M
Land, buildings, equipmentLn 10c$6.5M
Total assetsLn 16$9.7M
LiabilitiesLn 26$9.4M
Net assetsLn 32$315K
OperationsPt I, VI
EmployeesI 581
VolunteersI 65
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$65K$2.4M
Land, buildings, equipmentLn 10c$482K$6.5M
Total assetsLn 16$1.4M$9.7M
LiabilitiesLn 26$1.2M$9.4M
Net assetsLn 32$195K$315K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$133K$133K
Other salaries and wagesLn 7$3.4M$3.0M$421K
Pension plan contributionsLn 8$244K$209K$35K
Other employee benefitsLn 9$210K$180K$30K
Payroll taxesLn 10$54K$47K$8K
Legal feesLn 11b$77K$77K
Accounting feesLn 11c$11K$11K
Other fees for servicesLn 11g$440K$420K$20K
Office expensesLn 13$20K$20K
Information technologyLn 14$90K$90K
OccupancyLn 16$657K$549K$108K
TravelLn 17$17K$17K
InterestLn 20$67K$67K
Depreciation, depletion and amortizationLn 22$92K$92K
InsuranceLn 23$28K$28K
Other expenses (24a–d)Ln 24$1.1M$1.1M
All other expensesLn 24e$516K$503K$13K
Total functional expensesLn 25$7.2M$6.3M$872K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Mar 25, 2026 $52.8M$60.7M−$7.9M−$3.1M 990 PDF
FY2024Filed with the IRS Mar 20, 2025 $52.9M$52.5M$386K$4.8M 990 PDF
FY2023Filed with the IRS Mar 5, 2024 $46.9M$46.6M$326K$4.4M 990 PDF
FY2022Filed with the IRS May 5, 2023 $32.2M$31.9M$357K$2.2M 990 PDF
FY2021Filed with the IRS Feb 15, 2022 $19.4M$17.7M$1.8M$2.1M 990 PDF
FY2020 ViewingFiled with the IRS Apr 22, 2021 $7.3M$7.2M$120K$315K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $7,285,910 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,662,145$7,258,390
I-9 Program service revenuePrior year $487$0
I-10 Investment incomePrior year $19$0
I-11 Other revenuePrior year $24,521$27,520
I-12 Total revenuePrior year $3,687,172$7,285,910
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,176,192$4,055,828
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,505,263$3,110,570
I-18 Total expensesPrior year $3,681,455$7,166,398
I-19 Revenue less expensesPrior year $5,717$119,512
Part VI · Governance 5 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $7,285,910 across 5 lines filed
VIII-1e Government grants$4,728,836
VIII-1f All other contributions, gifts and grants$2,529,554
VIII-1h Total contributions, gifts and grants$7,258,390
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $27,520$27,520
VIII-12 Total revenueRelated to mission $27,520$7,285,910
Part IX · Statement of functional expenses $7,166,398 across 17 lines filed
IX-5 Pay of current officers, directors and key staffManagement $132,709$132,709
IX-7 Other salaries and wagesPrograms $2,993,963 · Management $420,916$3,414,879
IX-8 Pension plan contributionsPrograms $208,955 · Management $34,824$243,779
IX-9 Other employee benefitsPrograms $179,885 · Management $30,323$210,208
IX-10 Payroll taxesPrograms $46,515 · Management $7,738$54,253
IX-11b Legal feesManagement $76,601$76,601
IX-11c Accounting feesManagement $11,300$11,300
IX-11g Other fees for servicesPrograms $420,238 · Management $19,779$440,017
IX-13 Office expensesPrograms $19,927$19,927
IX-14 Information technologyPrograms $90,097$90,097
IX-16 OccupancyPrograms $548,920 · Management $108,133$657,053
IX-17 TravelManagement $16,601$16,601
IX-20 InterestPrograms $67,128$67,128
IX-22 Depreciation, depletion and amortizationPrograms $91,873$91,873
IX-23 InsurancePrograms $28,433$28,433
IX-24 Other expenses (24a–d)Programs $1,095,364$1,095,364
IX-24e All other expensesPrograms $503,234 · Management $12,942$516,176
IX-25 Total functional expensesPrograms $6,294,532 · Management $871,866 · Fundraising $0$7,166,398
Part X · Balance sheet $9,674,285 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $65,452$2,418,573
X-3 Pledges and grants receivableStart of year $791,255$609,444
X-4 Accounts receivableStart of year $766$365
X-9 Prepaid expenses and deferred chargesStart of year $20,743$148,586
X-10c Land, buildings and equipment, netStart of year $481,662$6,497,317
X-16 Total assetsStart of year $1,359,878$9,674,285
X-17 Accounts payable and accrued expensesStart of year $488,637$4,632,277
X-25 Other liabilitiesStart of year $465,848$725,699
X-26 Total liabilitiesStart of year $1,164,485$9,359,380
X-27 Net assets without donor restrictionsStart of year $113,370$314,905
X-32 Total net assets or fund balancesStart of year $195,393$314,905
X-33 Total liabilities and net assetsStart of year $1,359,878$9,674,285
Part XI · Reconciliation of net assets $314,905 net assets at year end
XI-1 Total revenue$7,285,910
XI-2 Total expenses$7,166,398
XI-3 Revenue less expenses$119,512
XI-4 Net assets at start of year$195,393
XI-10 Net assets at end of year$314,905

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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