Civic Intelligence

Phantom Rescue Inc.

990EZ • Fiscal year 2020 • EIN 46-4138550

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

1041 NE 27th WayPompano Beach, FL 33062

(954) 254-8025

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

3rd percentile

-439%

Higher net margin than 3% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

14th percentile

-31%

Faster asset growth than 14% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

42nd percentile

-23%

Faster revenue growth than 42% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$216,568

Down $96,564 (-31%) from 2019

Net Assets

Down

$216,246

Down $96,564 (-31%) from 2019

Liabilities

Flat

$322

Flat from 2019

Revenue

Down

$21,993

Down $6,592 (-23%) from 2019

Expenses

Up

$118,557

Up $67,788 (+134%) from 2019

Net Income

Down

-$96,564

Down $74,380 (-335%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2015: $285,164Liabilities 2015: $3,122Net Assets 2015: $282,0422015Assets 2016: $220,276Liabilities 2016: $322Net Assets 2016: $219,9542016Assets 2017: $292,660Liabilities 2017: $346Net Assets 2017: $292,3142017Assets 2018: $335,316Liabilities 2018: $322Net Assets 2018: $334,9942018Assets 2019: $313,132Liabilities 2019: $322Net Assets 2019: $312,8102019Assets 2020: $216,568Liabilities 2020: $322Net Assets 2020: $216,2462020Assets 2021: $204,396Liabilities 2021: $247Net Assets 2021: $204,1492021Assets 2022: $202,284Liabilities 2022: $247Net Assets 2022: $202,0372022Assets 2023: $204,499Net Assets 2023: $204,4992023Assets 2024: $192,372Net Assets 2024: $192,3722024

Highlighted filing

2020

Assets$216,568
Liabilities$322
Net Assets$216,246

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2015: $284,455Expenses 2015: $2,292Net Income 2015: $282,1632015Revenue 2016: $72,768Expenses 2016: $134,856Net Income 2016: -$62,0882016Revenue 2017: $89,951Expenses 2017: $17,591Net Income 2017: $72,3602017Revenue 2018: $63,695Expenses 2018: $21,016Net Income 2018: $42,6792018Revenue 2019: $28,585Expenses 2019: $50,769Net Income 2019: -$22,1842019Revenue 2020: $21,993Expenses 2020: $118,557Net Income 2020: -$96,5642020Revenue 2021: $14,673Expenses 2021: $26,768Net Income 2021: -$12,0952021Revenue 2022: $1,698Expenses 2022: $3,811Net Income 2022: -$2,1132022Revenue 2023: $6,173Expenses 2023: $3,710Net Income 2023: $2,4632023Expenses 2024: $12,1272024

Highlighted filing

2020

Revenue$21,993
Expenses$118,557
Net Income-$96,564
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$21,993
Mission and Program Overview

Mission

Phantom Rescue's mission is focused on three phases to combat human sex trafficking: 1) to provide awareness and deterence for the prevention of children taken for human sex trafficking; 2) to enhance global networking to stop the underground activities that contribute to human sex trafficking; and 3) to locate, rescue, and return those taken children to the safety of their loved ones.

Program Services

DescriptionGrantsExpenses
- 06 Schools from 3rd - 12th graders- Guest speaker for 5 seminars- Guest speaker for 7 Virtual Lectures - Expanded Phantom Rescue to Phantom International which includes Anti-Poaching and Underprivileged Children - Provided Anti-Abduction training to over 100 Children$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael A SparksDirectorPT$0--
Toni MusanteSecretaryFT$0--
Frank SmithDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Phantom Rescue Inc
EIN
46-4138550
Phone
9542548025
Address
1041 NE 27th Way, Pompano Beach, FL 33062

Signing Officer

Name
Michael Sparks
Title
Director
Phone
9542548025
Signed
2021-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Magnus Flaws & Company PA
Address
202 Crystal Grove Blvd, Lutz, FL 33548
Preparer
Carlton B Cunningham CPA
Phone
8139090599
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8 - Other Revenue

Description: Interest Income. Amount: 602.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: 1. Grantee Name: Kristi House. Grantee Address: 1265 NW 12th Ave Miami, FL 33136. Date of Gift: 06/30/20. Amount Given: 112,000.

Form 990-EZ, Part I, Line 14

Description: Depreciation. Amount: 3,544.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Bank Service Charges. Amount: 643.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: Vehicle Deposit. Beg. of Year Amount: 43,000. End of Year Amount: 43,000. Description: Other Depreciable Assets. Beg. of Year Amount: 12,831. End of Year Amount: 12,813.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: Loan Payable - Phantom Services. Beg. of Year Amount: 322. End of Year Amount: 322.

Raw XML Appendix163 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0Michael Sparks
IRS990EZ/BooksInCareOfDetail/PhoneNum09542548025
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01041 NE 27th Way
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Pompano Beach
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033062
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0257301
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0160755
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IRS990EZ/NetAssetsOrFundBalancesBOYAmt0312810
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0312810
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Michael A Sparks
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Toni Musante
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Frank Smith
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt055831
IRS990EZ/OtherAssetsTotalDetail/EOYAmt055813
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0643
IRS990EZ/OtherRevenueTotalAmt0602
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Phantom Rescue's mission is focused on three phases to combat human sex trafficking: 1) to provide awareness and deterence for the prevention of children taken for human sex trafficking; 2) to enhance global networking to stop the underground activities that contribute to human sex trafficking; and 3) to locate, rescue, and return those taken children to the safety of their loved ones.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0- 06 Schools from 3rd - 12th graders- Guest speaker for 5 seminars- Guest speaker for 7 Virtual Lectures - Expanded Phantom Rescue to Phantom International which includes Anti-Poaching and Underprivileged Children - Provided Anti-Abduction training to over 100 Children
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0322
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.phantomrescue.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt021391
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt025297
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt063695
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt089951
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt072768
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0273102
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0602
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt03288
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03890
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt021391
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt072768
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0273102
IRS990ScheduleA/TotalSupportAmt0276992
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Interest Income. Amount: 602.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity Classification: 1. Grantee Name: Kristi House. Grantee Address: 1265 NW 12th Ave Miami, FL 33136. Date of Gift: 06/30/20. Amount Given: 112,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Depreciation. Amount: 3,544.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: Bank Service Charges. Amount: 643.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description: Vehicle Deposit. Beg. of Year Amount: 43,000. End of Year Amount: 43,000. Description: Other Depreciable Assets. Beg. of Year Amount: 12,831. End of Year Amount: 12,813.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description: Loan Payable - Phantom Services. Beg. of Year Amount: 322. End of Year Amount: 322.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8 - Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Sparks
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum09542548025
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Phantom Rescue Inc
ReturnHeader/Filer/BusinessNameControlTxt0PHAN
ReturnHeader/Filer/EIN0464138550
ReturnHeader/Filer/PhoneNum09542548025
ReturnHeader/Filer/USAddress/AddressLine1Txt01041 NE 27th Way
ReturnHeader/Filer/USAddress/CityNm0Pompano Beach
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033062
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0592975032
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Magnus Flaws & Company PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0202 Crystal Grove Blvd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lutz
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033548
ReturnHeader/PreparerPersonGrp/PhoneNum08139090599
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Carlton B Cunningham CPA
ReturnHeader/ReturnTs02021-11-15T18:07:02-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Michael
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Sparks
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings