Nonprofit · EIN 20-8253195
CYRUS MINISTRIES
Tax-exempt · TORRANCE, CA 90503
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,659,727 | $199,658 | $3,460,069 | $4,570,066 | $42,000 | $4,528,066 |
| December 31, 2023 | 990 | $226,444 | $167,498 | $58,946 | $1,067,997 | $0 | $1,067,997 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,587,591
- Program service revenue
- $0
- Investment income
- $72,136
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $94,152
- Compensation of officers, directors and key employees
- $51,000
- Salaries, compensation and benefits (total)
- $51,000
- Professional fundraising fees
- $0
- Accounting fees
- $1,630
- Occupancy
- $43,671
- Travel
- $2,942
- Program services (functional)
- $94,152
- Management and general (functional)
- $105,506
Balance sheet and other
- Total assets, start of year
- $1,067,997
- Total assets, end of year
- $4,570,066
- Total liabilities, end of year
- $42,000
- Net assets, end of year
- $4,528,066
- Net assets without donor restrictions
- $4,528,066
- Gross receipts
- $3,659,727
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2007
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HYEON K BAE | CEO Officer | – | $36,000 |
| JONATHAN BAE | SECRETARY Officer | – | $15,000 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JONATHAN BAE | SECRETARY Officer | 10 | $36,000 |
| HYEON K BAE | CEO Officer | 40 | $21,000 |
Address and contacts
- Address (IRS master file)
- 2300 MAPLE AVE APT 234, TORRANCE, CA 90503-9112
- In care of
- % HYEON K BAE
- Principal officer (990 for 2024)
- HYEON K BAE, 2300 MAPLE AVE SUITE 234, TORRANCE, CA 90503
- Signed the 990
- HYEON K BAE, CEO
- Phone
- (310) 968-1997
- Return prepared by
- VAC LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 20-8253195 or by the name CYRUS MINISTRIES.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
RELIGIOUS SERVICE AND NURTURE THE YOUTH IN CHRISTIAN FAITH
Program accomplishments
- RELIGIOUS SERVICE AND NURTURE THE YOUTH IN CHRISTIAN FAITHExpenses $94,152 · grants $94,152
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-8253195
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $4,570,066
- Income (IRS master file)
- $3,659,727
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,659,727 | $199,658 | $4,570,066 | IRS |
| 990 | December 2023 | $226,444 | $167,498 | $1,067,997 | XML |
| 990 | December 2022 | $60,690 | $116,119 | $1,009,051 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
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 20-8253195).
Questions about CYRUS MINISTRIES
- What is the EIN of CYRUS MINISTRIES?
- The employer identification number (EIN) of CYRUS MINISTRIES is 20-8253195.
- Is CYRUS MINISTRIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to CYRUS MINISTRIES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CYRUS MINISTRIES 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 CYRUS MINISTRIES due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CYRUS MINISTRIES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CYRUS MINISTRIES?
- The 990 for the year ended December 31, 2024 names HYEON K BAE.
- Who are the officers and directors of CYRUS MINISTRIES?
- The 990 for the year ended December 31, 2024 lists 2 people; 2 received compensation from the organization, the highest $36,000 (HYEON K BAE, CEO).
- How much revenue does CYRUS MINISTRIES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,659,727, expenses of $199,658 and total assets of $4,570,066 at year end.
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