Strategy
Compass builds on the principles of a national asset development movement. Broad-based asset building is widely seen as one of the most effective strategies to help working poor individuals and families enter the financial mainstream and achieve the American dream. Research has shown that homeownership reduces the intergenerational transfer of poverty, stabilizes families and neighborhoods, and enhances children’s educational achievement. Wealth creates opportunities that help individuals and families plan for the future, gain a stake in society, and become financially secure.
As an early stage nonprofit organization, Compass values innovation and excellence. One of our central goals is to pilot, test, and evaluate key product and program design features and to disseminate best practices to the greater asset building field.