Civic Intelligence

Phantom Rescue Inc.

990EZ • Fiscal year 2022 • EIN 46-4138550

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 29, 2023

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

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

84th percentile

0.15x

Higher debt load relative to revenue than 84% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

5th percentile

-124%

Higher net margin than 5% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

44th percentile

-1.0%

Faster asset growth than 44% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

4th percentile

-88%

Faster revenue growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$202,284

Down $2,112 (-1.0%) from 2021

Net Assets

Down

$202,037

Down $2,112 (-1.0%) from 2021

Liabilities

Flat

$247

Flat from 2021

Revenue

Down

$1,698

Down $12,975 (-88%) from 2021

Expenses

Down

$3,811

Down $22,957 (-86%) from 2021

Net Income

Up

-$2,113

Up $9,982 (+83%) from 2021

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

2022

Assets$202,284
Liabilities$247
Net Assets$202,037

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

2022

Revenue$1,698
Expenses$3,811
Net Income-$2,113
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 29, 2023
Return Version
2022v5.0
Gross Receipts
$1,698
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
SEVEN SEMINARS ON PREVENTION OF CHILD TRAFFICKING AS WELL AS PROVIDED COUNSIL TO FOUR FAMILIES ON CHILD RECOVERIES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL A SPARKSDirector-$0--
TONI MUSANTESecretary-$0--
FRANK SMITHDirector-$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
2023-09-29
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 1,698 total 1,698

Form 990-ez, Part I, Line 16

Expenses non-investment depreciation 3,711 total 3,711

Form 990-ez, Part II, Line 24

Loan to phantom services 121,296 122,994 furniture and equipment 25,980 25,980 less accumulated depreciation 16,879 20,591 vehicle deposit 43,000 43,000 total 173,397 171,383

Form 990-ez, Part II, Line 26

Loan payable - phantom services 247 247

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.

Raw XML Appendix133 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MICHAEL A SPARKS
IRS990EZ/BooksInCareOfDetail/PhoneNum09542548025
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01628 SW MANDIBA DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LAKE CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0320246416
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt031000
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt030901
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2113
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0100
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0204397
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0202284
IRS990EZ/GrossReceiptsAmt01698
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0204150
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0202037
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0204150
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0202037
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL A SPARKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TONI MUSANTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2FRANK SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0173397
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0171383
IRS990EZ/OtherExpensesTotalAmt03711
IRS990EZ/OtherRevenueTotalAmt01698
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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/DescriptionProgramSrvcAccomTxt0SEVEN SEMINARS ON PREVENTION OF CHILD TRAFFICKING AS WELL AS PROVIDED COUNSIL TO FOUR FAMILIES ON CHILD RECOVERIES.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0247
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0247
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt03811
IRS990EZ/TotalRevenueAmt01698
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.PHANTOMRESCUE.ORG
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0INTEREST INCOME 3,947
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt014616
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt021391
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt025297
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt063695
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0124999
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01755
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt057
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0602
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt03288
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03947
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96940
IRS990ScheduleA/PublicSupportPY170Pct00.98200
IRS990ScheduleA/PublicSupportTotal170Amt0124999
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt014616
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt021391
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt025297
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt063695
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0124999
IRS990ScheduleA/TotalSupportAmt0128946
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INTEREST INCOME 1,698 TOTAL 1,698
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES NON-INVESTMENT DEPRECIATION 3,711 TOTAL 3,711
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LOAN TO PHANTOM SERVICES 121,296 122,994 FURNITURE AND EQUIPMENT 25,980 25,980 LESS ACCUMULATED DEPRECIATION 16,879 20,591 VEHICLE DEPOSIT 43,000 43,000 TOTAL 173,397 171,383
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LOAN PAYABLE - PHANTOM SERVICES 247 247
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PHANTOM 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/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL A SPARKS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PHANTOM RESCUE INC
ReturnHeader/Filer/BusinessNameControlTxt0PHAN
ReturnHeader/Filer/EIN0464138550
ReturnHeader/Filer/PhoneNum09542548025
ReturnHeader/Filer/USAddress/AddressLine1Txt01628 SW MANDIBA DR
ReturnHeader/Filer/USAddress/CityNm0LAKE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd0320246416
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
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/ZIPCd0335486460
ReturnHeader/PreparerPersonGrp/PhoneNum08139090599
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARLTON B CUNNINGHAM
ReturnHeader/ReturnTs02023-10-02T14:33:11-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SPARKS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings