Closehaul Capital Charitable Inc

EIN: 921123945 501(c)(3) Philanthropy & Grantmaking

Miami, FL

Total Revenue
$24,631,000
Total Expenses
$20,266,000
Total Assets
$52,365,765
Net Assets
$52,365,765
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
WY
Principal Officer
Ronald Navas
Phone
6196748969
Tax Period
2024-12-01 to 2025-11-30

Closehaul Capital Charitable Inc, founded in 2022, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $24.6M in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $4.4M, a strong 18% operating margin.

Mission

Closehaul Capital Charitable Inc. CCC has been organized to provide charitable giving to qualifying nonprofit organizations. The organization provides charitable distributions of assets to qualifying nonprofit organizations throughout the United States. By providing this charitable giving asset program CCC helps these organizations meet their current sustainable financial goals with endowment and the foundation growth. Additionally CCC is instrumental in growing charitable giving of assets by working with many nonprofit organizations with backed notes of their growth in endowments and foundations.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $24,631,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $24,631,000

Expense Breakdown

Grants Paid $20,200,000
Salaries & Benefits $66,000
Fundraising Expenses $0
Program Expenses $20,200,000
Other Expenses $0
TOTAL EXPENSES $20,266,000

Year-over-Year Comparison

2024 2023 Change
Revenue $24,631,000 $39,888,490 -0.4%
Expenses $20,266,000 $12,037,600 +0.7%
Net Income $4,365,000 $27,850,890 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dallas Turner Board member 1.00
Director
$0 $0 $0
Lara Garcia Board member 1.00
Director
$0 $0 $0
RONALD NAVAS PRESIDENT 35.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $24,631,000 $20,266,000 $52,365,765 $4,365,000
2024 $39,888,490 $12,037,600 $48,000,765 $27,850,890
2024 No data No data No data No data
2023 $27,649,875 $7,500,000 $20,149,875 $20,149,875
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