Compass Rose Academy to close
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A subsidiary of Wabash-based family services not-for-profit Josiah White’s is set to close its doors. Compass Rose Academy, which provides services for teen girls and families in crisis, said Thursday it will halt all programming and services due to financial struggles.
The academy was founded in 2012 and has served 233 girls and families since that time. However, the organization said over the last 11 years, it has sustained “major financial loss” and revenue can no longer sustain its efforts.
Compass Rose Academy said in a news release that the decision was not made lightly.
“Every possible avenue to sustain the organization was explored,” the academy said. “Unfortunately, the challenges faced have proven insurmountable and the CRA board of directors along with the board of directors of Josiah White’s have jointly determined that shifting the organizations resources toward its programs serving the child welfare system in Indiana will allow the organization as a whole to maximize its effectiveness, mission, and sustainability into the future.”
In October, Compass Rose Academy broke ground on a multi-use center known as Jadyn’s Hope Barn on the organization’s Wabash campus.
When asked if that project was still in the works, a spokesperson told Inside INdiana Business “all current financial obligations and commitments are being reexamined, and we will do all we can to honor our donors’ intent.”
Compass Rose Academy’s last day of operations will be March 31.
Josiah White’s said it will continue to operate its court-ordered residential treatment program and intensive substance abuse recovery program, both located on the Wabash campus. The organization’s Foster Care and Family Preservation services offered throughout the state of Indiana will also continue.