Compass Reading Center Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Erie, PA
- Founding
- 08/2010
- Data as of
- 08/2023
- EIN
- 27-1472901
Organization Overview
Compass Reading Center Inc is located in Erie, PA. The organization was established in 2010. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. As of 08/2023, Compass Reading Center Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Compass Reading Center 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 08/2023, Compass Reading Center Inc generated $8.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (38.9%) each year. All expenses for the organization totaled $24.5k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (30.6%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
THE READING CENTER PROVIDED TUTORIAL SERRVICES TO A SMALL NUMBER OF STUDENTS IDENTIFIED AND FOUND TO BE DYSLEXIC AND READING DISABLED. THESE SERRVICES WERE INDIVIDUALIZED AND PROVIDED AT A FEE WHICH WAS BELOW MARKET VALUE OR FREE, ON A SLIDING SCALE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas M Buyer President | 5 | $0 | |
Lisa Graff Member-At-Large | 2 | $0 | |
Donna Rose Member-At-Large | 2 | $0 | |
Melissa Romero Member-At-Large | 2 | $0 | |
Jim Mcmann Member-At-Large | 2 | $0 | |
Rev Richard Elberfeld Jr Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,331 |
| 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 | $8,331 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,931 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,118 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,472 |
| Total expenses | $24,521 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |