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Nonprofit · EIN 27-2950866

COMPASS AVIATION INC

Tax-exempt · SHELBY, NC 28151

Financials

$234K$221K2023$694K$403K2024$747K$995K2025
Revenue Expenses · by fiscal year end
Financials of COMPASS AVIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$746,713$995,313-$248,600$118,944$0$118,944
December 31, 2024990$694,145$403,323$290,822$364,730$0$364,730
December 31, 2023990$234,098$221,279$12,819$73,908$0$73,908
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$746,713
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,076
Occupancy
$23,100
Travel
$5,589
Program services (functional)
$991,443
Management and general (functional)
$3,870

Balance sheet and other

Total assets, start of year
$364,730
Total assets, end of year
$118,944
Total liabilities, end of year
$0
Net assets, end of year
$118,944
Net assets without donor restrictions
$118,944
Gross receipts
$746,713
Employees
0
Volunteers
10
Year formed
2010
State of legal domicile
NC

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOHN WATTPRESIDENT
Trustee or director, Officer
30$0
990 for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
JOHN WATTPRESIDENT
Trustee or director, Officer
30$0
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
JOHN WATTPRESIDENT
Trustee or director, Officer
30$0

Address and contacts

Address (IRS master file)
PO BOX 307, SHELBY, NC 28151-0307
In care of
% JOHN R WATT
Mailing address (990-N for 2010)
135 Olive Dr, Mooresboro NC 28114
Principal officer (990 for 2025)
JOHN WATT, PO BOX 307, SHELBY, NC 28151
Principal officer (990-N for 2010)
John Watt, 135 Olive Dr, Mooresboro NC 28114
Signed the 990
JOHN R WATT, PRESIDENT
Phone
(704) 692-5529
Return prepared by
CRYSTAL K HAMRICK CPA

Mission

PREPARE PEOPLE AND AIRCRAFT FOR MISSIONARY AND HUMANITARIAN AID EFFORTS

990 for the year ended December 31, 2025

Program accomplishments

  • PREPARE PEOPLE AND AIRCRAFT FOR MISSIONARY AND HUMANITARIAN AID EFFORTS
    Expenses $991,443

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 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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-2950866
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$118,944
Income (IRS master file)
$746,713

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$746,713$995,313$118,944IRS
990December 2024$694,145$403,323$364,730IRS
990December 2023$234,098$221,279$73,908XML
990December 2022$510,109$470,923$61,089IRS
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 2018–––IRS
990-N for 2010
Officer: John Watt
December 31, 2010≤ $50,000 receipts––e-Postcard

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 27-2950866).

Questions about COMPASS AVIATION INC

What is the EIN of COMPASS AVIATION INC?
The employer identification number (EIN) of COMPASS AVIATION INC is 27-2950866.
Is COMPASS AVIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to COMPASS AVIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMPASS AVIATION INC 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 COMPASS AVIATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COMPASS AVIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of COMPASS AVIATION INC?
The 990 for the year ended December 31, 2025 names JOHN WATT.
Who are the officers and directors of COMPASS AVIATION INC?
The 990 for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does COMPASS AVIATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $746,713, expenses of $995,313 and total assets of $118,944 at year end.

Other nonprofits in SHELBY

All nonprofits in SHELBY · North Carolina · Human services