Public Charity

NEW DAY SCHOOLS INC DBA COMPASS COMMUNITY SCHOOLS

NEW DAY SCHOOLS INC DBA COMPASS COMMUNITY SCHOOLS is a Public Charity headquartered in MEMPHIS, TN. Financial data from the 2025 filing: $24.7M revenue, $21.1M expenses, $26.8M total assets. 30 publicly reported grants to this organization, totaling roughly $7.4M, appear in IRS filings.

EIN: 824087161 MEMPHIS, TN Charter Schools NTEE: B29 Latest filing: 2025
Total Revenue$24.7M
Total Expenses$21.1M
Total Assets$26.8M
Grant Records30
Funding Total$7.4M
Filing Years2021–2025

Mission

PREPARE STUDENTS FOR COLLEGE AND LIFE-LONG SUCCESS BY DEVELOPING THE WHOLE CHILD THROUGH A FOCUS ON ACADEMIC EXCELLENCE, VALUES-BASED CHARACTER EDUCATION, AND SERVICE LEARNING IN THE COMMUNITY.

Officers & Directors

DIRECTOR Dr John Smarrelli
PRESIDENT Dr Richard Potts
CHIEF OPERATING OFFICER Elizabeth Woodcock
HCE James Shelton
SECRETARY J Martin Regan
DIRECTOR J Terry Steib

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL OPERATIONAL SUPPORT
$6,110,499 14 grants
TO SUPPORT SUMMER BOOST
$1,031,567 2 grants
For grant recipient's exempt purposes
$135,100 6 grants
EDUCATIONAL
$100,050 1 grant
UNRESTRICTED
$56,503 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $24.7M $21.1M $26.8M
2024 $24.9M $18.8M $22.3M
2023 $19.0M $17.0M $16.2M
2022 $20.5M $14.4M $16.3M
2021 $16.1M $13.6M $9.1M

Between 2021 and 2025, reported annual revenue grew from $16.1M to $24.7M (+54%), with total assets most recently reported at $26.8M.

Interactive year-over-year charts and full filing details available with membership.

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