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Nonprofit · EIN 46-4749764

WORLD COMPASS ACADEMY

Tax-exempt (reinstated) · CASTLE ROCK, CO 80104

Financials

$10.5M$10.4M2022$12.3M$11.7M2023$12.8M$12.6M2024
Revenue Expenses · by fiscal year end
Financials of WORLD COMPASS ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$12,837,177$12,642,443$194,734$25,461,443$34,577,727-$9,116,284
June 30, 2024990$12,322,621$11,749,538$573,083$26,085,510$35,450,913-$9,365,403
June 30, 2023990$10,507,547$10,372,382$135,165$24,387,876$36,467,742-$12,079,866
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$789,116
of which government grants
$703,806
Program service revenue
$11,788,365
Investment income
$235,642
Other revenue
$24,054

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$493,665
Other salaries and wages
$5,092,218
Salaries, compensation and benefits (total)
$7,332,187
Professional fundraising fees
$0
Legal fees
$8,331
Accounting fees
$74,094
Occupancy
$1,845,483
Program services (functional)
$11,826,808
Management and general (functional)
$815,635

Balance sheet and other

Total assets, start of year
$26,085,510
Total assets, end of year
$25,461,443
Total liabilities, end of year
$34,577,727
Net assets, end of year
-$9,116,284
Land, buildings and equipment
$16,602,328
Net assets without donor restrictions
-$9,116,284
Gross receipts
$12,837,177
Employees
139
Volunteers
300
Year formed
2013
State of legal domicile
CO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Bethany MerklingPrincipal
Officer, Key employee, Highest-paid employee
40$148,740$41,396
Kyle GlavanPresident
Trustee or director
1$0$0
Patrick BrannonTreasurer
Trustee or director
1$0$0
Sabrina DeRamusSecretary
Trustee or director
1$0$0
Adam ShaffstallVice President
Trustee or director
1$0$0
Erica MitchellDirector
Trustee or director
1$0$0
Anita MitchumDirector
Trustee or director
1$0$0
Kasie LesherDirector
Trustee or director
40$0$0
Chad CarlossBuilding Corp. President
Trustee or director
0$0$0
Ken DavisBuilding Corp. Director
Trustee or director
0$0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
Bethany MerklingPrincipal
Officer, Key employee, Highest-paid employee
40$155,447$38,031
Charity BrayAssistant Principal
Key employee, Highest-paid employee
40$110,643$28,366
Heather FortelkaAssistant Principal
Key employee, Highest-paid employee
40$102,576$28,114
Kyle GlavanPresident
Trustee or director
1$0$0
Patrick BrannanTreasurer
Trustee or director
1$0$0
Sabrina DeRamusSecretary
Trustee or director
1$0$0
Adam ShaffstallVice President
Trustee or director
1$0$0
Erica MitchellDirector
Trustee or director
1$0$0
Anita MitchumDirector
Trustee or director
1$0$0
Kasie LesherDirector
Trustee or director
40$0$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensationOther / benefits
Bethany MerklingPrincipal
Officer, Highest-paid employee
40$98,588$34,427
Kyle GlavanPresident
Trustee or director
1$0$0
Patrick BrannanTreasurer
Trustee or director
1$0$0
Sabrina DeRamusSecretary
Trustee or director
1$0$0
Kasie LesherDirector
Trustee or director
1$0$0
Erica MitchellDirector
Trustee or director
1$0$0
Anita MitchumDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2490 S PERRY ST, CASTLE ROCK, CO 80104-1985
In care of
% BETHANY MERKLING
Principal officer (990 for 2024)
Bethany Merkling, 2490 South Perry St, Castle Rock, CO 80104
Signed the 990
Bethany Merkling, Principal
Phone
(303) 814-5200
Return prepared by
Bart Skidmore CPA

Mission

World Compass Academy is a tuition-free, PK-8 charter school that equips students with the foundational skills needed for success. Enrollment is approximately 800 students.

990 for the year ended June 30, 2025

Program accomplishments

  • Program Service expenses are all costs necessary to operate a PK-8 charter school, acquire school facilities, and service the debt associated with facilities acquisition.
    Expenses $11,826,808 · grants $703,806 · revenue $12,837,177

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
46-4749764
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$25,461,443
Income (IRS master file)
$12,837,177

Revocation and reinstatement

Exemption revoked
May 15, 2016
Posted by the IRS
April 26, 2017
Reinstated
Effective May 15, 2016

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$12,837,177$12,642,443$25,461,443XML
990June 2024$12,322,621$11,749,538$26,085,510IRS
990June 2023$10,507,547$10,372,382$24,387,876IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-4749764).

Questions about WORLD COMPASS ACADEMY

What is the EIN of WORLD COMPASS ACADEMY?
The employer identification number (EIN) of WORLD COMPASS ACADEMY is 46-4749764.
Is WORLD COMPASS ACADEMY tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2016 and reinstated it effective May 15, 2016.
Are donations to WORLD COMPASS ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WORLD COMPASS ACADEMY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WORLD COMPASS ACADEMY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WORLD COMPASS ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of WORLD COMPASS ACADEMY?
The 990 for the year ended June 30, 2025 names Bethany Merkling.
Who are the officers and directors of WORLD COMPASS ACADEMY?
The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $148,740 (Bethany Merkling, Principal).
How much revenue does WORLD COMPASS ACADEMY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $12,837,177, expenses of $12,642,443 and total assets of $25,461,443 at year end.

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