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Nonprofit · EIN 06-1602643

THE COMPASS FUND INC

Tax-exempt · DANIEL ISLAND, SC 29492

Financials

$5K$15K2024
Revenue Expenses · by fiscal year end
Financials of THE COMPASS FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$4,662$14,852-$10,190$112,212$0$112,212
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Interest
$4,662

Expenses

Grants and similar amounts paid
$10,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$14,790
Excise tax on investment income
$65

Balance sheet and other

Total assets, start of year
$122,402
Total assets, end of year
$112,212
Total liabilities, end of year
$0
Net assets, end of year
$112,212
Fair market value of assets
$112,212
Qualifying distributions
$14,790
Net investment income
$4,662

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-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
EDMUND NAVARRO
C/O COMPASS FUND INC 234 SEVEN, FARMS DRIVE SUITE 300, DANIEL ISLAND, SC 29492
PRESIDENT10$0
DAMON NAVARRO
C/O COMPASS FUND INC 234 SEVEN, FARMS DRIVE SUITE 300, DANIEL ISLAND, SC 29492
SECRETARY1$0
BRIAN NAVARRO
C/O COMPASS FUND INC 234 SEVEN, FARMS DRIVE SUITE 300, DANIEL ISLAND, SC 29492
DIRECTOR1$0
BEN NAVARRO
C/O COMPASS FUND INC 234 SEVEN, FARMS DRIVE SUITE 300, DANIEL ISLAND, SC 29492
DIRECTOR1$0

Address and contacts

Address (IRS master file)
234 SEVEN FARMS DR STE 300, DANIEL ISLAND, SC 29492-7101
In care of
% EDMUND NAVARRO
Signed the 990-PF
EDMUND NAVARRO, PRESIDENT
Phone
(860) 659-0050
Return prepared by
ANDERSEN TAX LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
06-1602643
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2001
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$112,212
Income (IRS master file)
$4,662

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024–––IRS
990-PFDecember 2023$4,488$4,488$122,402IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about THE COMPASS FUND INC

What is the EIN of THE COMPASS FUND INC?
The employer identification number (EIN) of THE COMPASS FUND INC is 06-1602643.
Is THE COMPASS FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to THE COMPASS FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE COMPASS FUND INC file?
Form 990-PF. Private foundations file every year.
When is the next return of THE COMPASS FUND INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE COMPASS FUND INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of THE COMPASS FUND INC?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does THE COMPASS FUND INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,662, expenses of $14,852 and total assets of $112,212 at year end.

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