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 2024 filing: $24.9M revenue, $18.8M expenses, $22.3M total assets. 30 publicly reported grants to this organization, totaling roughly $7.4M, appear in IRS filings.

EIN: 824087161 MEMPHIS, TN Latest filing: 2024
Total Revenue$24.9M
Total Expenses$18.8M
Total Assets$22.3M
Grant Records30
Funding Total$7.4M
Filing Years2020–2024

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 Bishop Eneritus J Terry Steib
DIRECTOR Dr John Smarrelli
PRESIDENT Dr Richard Potts
CHIEF OPERATING OFFICER Elizabeth Woodcock
DIRECTOR Emily Greer
HCE James Shelton

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
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
2020 $17.5M $15.0M $6.3M

Between 2020 and 2024, reported annual revenue grew from $17.5M to $24.9M (+42%), with total assets most recently reported at $22.3M.

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

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