Compass Point Ministries Inc is located in Abington, MA. The organization was established in 2008. According to its NTEE Classification (I40) the organization is classified as: Rehabilitation Services for Offenders, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Compass Point Ministries Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Compass Point Ministries Inc generated $61.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $69.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
COMPASS POINT PROVIDED SHORT TRERM TRANSITIONAL LIVING FOR MALE CHRISTIAN EX-OFFENDERS WHO REQUIRE TEMPORARY HOUSING, BIBLICAL DISCIPLESHIP,LIFE SKILLS, PREPARATION AND TRAINING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David H Silva President | 45 | $23,056 | |
Jannett L Silva Treasurer | 8 | $5,000 | |
Jannett L Silva Clerk | 0 | $0 | |
Harry Cruz Director | 0 | $0 | |
Mark E Foster Director | 0 | $0 | |
Michael K Luce Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,227 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,227 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,418 |
| Professional fees and other payments to independent contractors | $4,068 |
| Occupancy, rent, utilities, and maintenance | $6,437 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,099 |
| Total expenses | $69,022 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |