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.
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
Where $100 goes at New Day Schools Inc DBA Compass Community Schools
How New Day Schools Inc DBA Compass Community Schools divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$88
Programs
the work itself
$12
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $88 for programs
$88
See additional data
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
EDUCATIONAL SUPPORT
$10,000
TO SUPPORT SUMMER BOOST
$587,200
GENERAL OPERATIONAL SUPPORT
$323,967
UNRESTRICTED
$25,716
For grant recipient's exempt purposes
$25,250
Showing up to 5 of 30 total records — full history available with membership.
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
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.