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Nonprofit · EIN 20-8253195

CYRUS MINISTRIES

Tax-exempt · TORRANCE, CA 90503

Financials

$226K$167K2023$3.7M$200K2024
Revenue Expenses · by fiscal year end
Financials of CYRUS MINISTRIES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,659,727$199,658$3,460,069$4,570,066$42,000$4,528,066
December 31, 2023990$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.

NameTitleHours / weekCompensation
HYEON K BAECEO
Officer
–$36,000
JONATHAN BAESECRETARY
Officer
–$15,000
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
JONATHAN BAESECRETARY
Officer
10$36,000
HYEON K BAECEO
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)

Mission

RELIGIOUS SERVICE AND NURTURE THE YOUTH IN CHRISTIAN FAITH

990 for the year ended December 31, 2024

Program accomplishments

  • RELIGIOUS SERVICE AND NURTURE THE YOUTH IN CHRISTIAN FAITH
    Expenses $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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,659,727$199,658$4,570,066IRS
990December 2023$226,444$167,498$1,067,997XML
990December 2022$60,690$116,119$1,009,051IRS
990December 2021–––IRS
990December 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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