Compass Working Capital
Compass Working Capital reported $18.4 million in revenue and $11.1 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $73.56 went to program services, $19.54 to management and general costs and $6.90 to fundraising. Its largest source of revenue was contributions and grants: 93.7% of the total. Government grants made up 6.6%. The highest compensation it reported for one person was $238,569 (PRESIDENT/CEO). 7 people received more than $100,000 in reportable compensation. Revenue rose 178% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $11MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending August 31, 2025 · Form 990, Part VIII · total revenue $18MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 73.6% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 19.5% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 6.9% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 93.7% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 6.6% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.5% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $238,569 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.15% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 7 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 26.3 | 6.8 |
| Independent voting board members Part VI 1a–1b | 6 of 6 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseFamily self-sufficiency (fss) program:since 2010, Compass Working Capital ("compass") has partnered with public housing agencies and private owners of affordable housing to develop and implement an asset-building and financial capability model for the family self-sufficiency ("fss") program, a historically underutilized savings and employment program overseen by the U.S. Department of housing and urban development ("hud"). Congress established the fss program in 1990 as an employment and savings program for residents of federally subsidized housing. Families receiving this assistance…
National field-building, training, and technical assistance:the fss program has the potential to reach an estimated 2.2 million households nationally, yet only a tiny subset less than 3% of eligible households are currently able to take advantage of the program. Since 2016, compass has also worked to build the field of fss practitioners and other stakeholders nationally and share out our best practices to expand the scope and impact of fss. Currently, the organization manages an online learning platform and community called fss link, which provides fss practitioners with access to resources…
Systems and policy change:to deliver on our mission and fully support families to reach their financial goals, compass combines direct service and field-building with work on broader systems and policy change. Our focus is largely on issues related to expanding the scope and impact of the fss program, as well as other priorities related to our mission to end asset poverty and narrow the racial and gender wealth divides. In order to carry out this work, we educate public officials, legislators, and policymakers at the national, state, and local levels, and play an active role in coalitions…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO Officer, 40.00 hrs/week | $222,260 | $0 | $16,309 | $238,569 |
| CHIEF EXTERNAL AFFAIRS OFFICER Highest compensated employee, 40.00 hrs/week | $169,390 | $0 | $12,018 | $181,408 |
| CFO/TREASURER Officer, 40.00 hrs/week | $169,783 | $0 | $7,283 | $177,066 |
| CHIEF HUMAN RESOURCES OFFICER Highest compensated employee, 40.00 hrs/week | $167,964 | $0 | $7,438 | $175,402 |
| DIR. OF PROGRAMS/CPO Highest compensated employee, 40.00 hrs/week | $146,256 | $0 | $14,033 | $160,289 |
| DIRECTOR OF IMPACT & INNOVATION Highest compensated employee, 40.00 hrs/week | $100,563 | $0 | $14,161 | $114,724 |
| DIRECTOR OF CLIENT SUCCESS Highest compensated employee, 40.00 hrs/week | $102,242 | $0 | $6,239 | $108,481 |
7 people received more than $100,000 in reportable compensation from Compass Working Capital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $518K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b6 · 6 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 587
- Volunteers Part I, line 646
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| NXTSTEP CONSULTING LLC Product development | $209,100 |
| PIXEL MACHINERY Managed it services | $127,597 |
| MERAKI COMMUNICATIONS ALLIANCE Branding/website design | $124,531 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
19 private foundations reported grants to Compass Working Capital totaling $1.8M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Compass Working Capital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Compass Working Capital, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Compass Working Capital spent in FY2025, $73.56 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Meals on Wheels San AntonioSan Antonio, TX · revenue $18M · programs 87.4% · FY2025
- Caritas of AustinAustin, TX · revenue $18M · programs 85.7% · FY2025
- National Eucharistic CongressWashington, DC · revenue $18M · programs 81.7% · 2024
- Sunnyside Community ServicesLong Island City, NY · revenue $18M · programs 80.6% · FY2025
- Great Lakes Behavioral Research Institute C/O Jane MeltzerCranberry, PA · revenue $18M · programs 92.4% · FY2025
All unclassified charities · Largest charities in Massachusetts
Questions people ask
How much of Compass Working Capital's spending goes to programs?
In the fiscal year ending August 31, 2025, Compass Working Capital reported that 73.6% of its $11.1 million in expenses went to program services, 19.5% to management and general and 6.9% to fundraising (Form 990, Part IX).
How much does Compass Working Capital pay its top executive?
The largest total compensation Compass Working Capital reported for one person in the fiscal year ending August 31, 2025 was $238,569, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Compass Working Capital get its money?
Of $18.4 million in revenue in the fiscal year ending August 31, 2025, 93.7% came from contributions and grants (including 6.6% from government grants) and 2.5% from program service revenue (Form 990, Part VIII).
Is Compass Working Capital a registered charity?
The IRS lists EIN 20-3975100 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending August 31, 2025, object 202600479349300645 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202540159349300149 · read the filing
- FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202420379349300217 · read the filing
- FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202301659349301465 · read the filing
- FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202230119349301038 · read the filing
- FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202023569349300967 · read the filing
All filings for EIN 20-3975100: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.