Civic Intelligence

Phantom Rescue Inc.

990EZ • Fiscal year 2021 • EIN 46-4138550

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 27, 2022

1628 SW Mandiba DrLake City, FL 32024-6416

(954) 254-8025

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

67th percentile

0.02x

Higher debt load relative to revenue than 67% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

8th percentile

-82%

Higher net margin than 8% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

31st percentile

-5.6%

Faster asset growth than 31% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

24th percentile

-33%

Faster revenue growth than 24% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$204,396

Down $12,172 (-5.6%) from 2020

Net Assets

Down

$204,149

Down $12,097 (-5.6%) from 2020

Liabilities

Down

$247

Down $75 (-23%) from 2020

Revenue

Down

$14,673

Down $7,320 (-33%) from 2020

Expenses

Down

$26,768

Down $91,789 (-77%) from 2020

Net Income

Up

-$12,095

Up $84,469 (+87%) from 2020

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

2021

Assets$204,396
Liabilities$247
Net Assets$204,149

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

2021

Revenue$14,673
Expenses$26,768
Net Income-$12,095
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 27, 2022
Return Version
2021v4.0
Gross Receipts
$14,673
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
- 03 SCHOOLS FROM 3RD - 12TH GRADERS - GUEST SPEAKER FOR 4 SEMINARS - PROVIDED ANTI-ABDUCTION TRAINING TO OVER 150 CHILDREN - STARTED NEW EDUCATION AND AWARENESS TRAINING IN LAKE CITY FLORIDA FOR WOMEN'S GROUP (ALTRUSA)$20,000$25,712
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
1628 SW MANDIBA DR, LAKE CITY, FL 32024-6416

Signing Officer

Name
Michael a Sparks
Title
Director
Signed
2022-09-27
Discuss with paid preparer
Yes

Preparer

Firm
Magnus Flaws & Company Pa
Address
202 CRYSTAL GROVE BLVD, LUTZ, FL 33548-6460
Preparer
Carlton B Cunningham
Phone
8139090599
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Interest income 57 total 57

Form 990-ez, Part I, Line 10

Name: journeyman international address: 3471 n main st prineville, or 97754-9166 cash contribution: 20,000

Form 990-ez, Part I, Line 16

Expenses bank service charges 45 rescue expense 2,000 non-investment depreciation 3,712 total 5,757

Form 990-ez, Part II, Line 24

Loan to phantom services 0 121,296 furniture and equipment 25,980 25,980 less accumulated depreciation 13,168 16,879 vehicle deposit 43,000 43,000 total 55,812 173,397

Form 990-ez, Part II, Line 26

Loan payable - phantom services 322 247

Form 990-ez, Part III

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.

Form 990-ez, Part III, Line 28

- 03 schools from 3rd - 12th graders - guest speaker for 4 seminars - provided anti-abduction training to over 150 children - started new education and awareness training in lake city florida for women's group (altrusa)

Raw XML Appendix151 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INTEREST INCOME 57 TOTAL 57
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NAME: JOURNEYMAN INTERNATIONAL ADDRESS: 3471 N MAIN ST PRINEVILLE, OR 97754-9166 CASH CONTRIBUTION: 20,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES BANK SERVICE CHARGES 45 RESCUE EXPENSE 2,000 NON-INVESTMENT DEPRECIATION 3,712 TOTAL 5,757
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LOAN TO PHANTOM SERVICES 0 121,296 FURNITURE AND EQUIPMENT 25,980 25,980 LESS ACCUMULATED DEPRECIATION 13,168 16,879 VEHICLE DEPOSIT 43,000 43,000 TOTAL 55,812 173,397
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LOAN PAYABLE - PHANTOM SERVICES 322 247
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PHANTOM 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6- 03 SCHOOLS FROM 3RD - 12TH GRADERS - GUEST SPEAKER FOR 4 SEMINARS - PROVIDED ANTI-ABDUCTION TRAINING TO OVER 150 CHILDREN - STARTED NEW EDUCATION AND AWARENESS TRAINING IN LAKE CITY FLORIDA FOR WOMEN'S GROUP (ALTRUSA)
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL A SPARKS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-27
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ReturnHeader/Filer/EIN0464138550
ReturnHeader/Filer/PhoneNum09542548025
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0592975032
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-09-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARLTON B CUNNINGHAM
ReturnHeader/ReturnTs02022-09-27T13:58:41-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SPARKS
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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