Nonprofit · EIN 20-8378337
THE CYPRESS INITIATIVE INC
Tax-exempt · BRANDON, FL 33511
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,182,062 | $1,141,062 | $41,000 | $309,329 | $216,721 | $92,608 |
| December 31, 2023 | 990 | $894,191 | $924,047 | -$29,856 | $232,617 | $181,010 | $51,607 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,103,161
- of which government grants
- $550,385
- Program service revenue
- $0
- Investment income
- $25
- Net income from fundraising events
- $78,876
- Other revenue
- $78,876
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $116,652
- Other salaries and wages
- $439,440
- Salaries, compensation and benefits (total)
- $632,752
- Professional fundraising fees
- $0
- Legal fees
- $6,643
- Occupancy
- $42,636
- Depreciation
- $230
- Program services (functional)
- $1,085,303
- Management and general (functional)
- $55,759
Balance sheet and other
- Total assets, start of year
- $232,617
- Total assets, end of year
- $309,329
- Total liabilities, end of year
- $216,721
- Net assets, end of year
- $92,608
- Land, buildings and equipment
- $7,012
- Gross receipts
- $1,182,062
- Employees
- 10
- Volunteers
- 30
- Year formed
- 2006
- State of legal domicile
- FL
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 | Other / benefits |
|---|---|---|---|---|
| BROOKE WHEELDON-REECE | CEO Officer | 50 | $116,652 | $3,711 |
| JAMES HIRD | DIRECTOR Trustee or director | 10 | $0 | $0 |
| RON MCVETY | DIRECTOR Trustee or director | 10 | $0 | $0 |
| CALLY BEKHOR | PRESIDENT Officer | 10 | $0 | $0 |
| BRUCE MITCHELL | TREASURER Officer | 10 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BROOKE WHEELDON-REECE | CEO Officer | 50 | $114,000 |
| JAMES HIRD | DIRECTOR Trustee or director | 10 | $0 |
| RON MCVETY | DIRECTOR Trustee or director | 10 | $0 |
| CALLY BEKHOR | PRESIDENT Officer | 10 | $0 |
| BRUCE MITCHELL | TREASURER Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 913 S PARSONS AVE STE C, BRANDON, FL 33511-6044
- In care of
- % LYNANNE LAWHEAD
- Principal officer (990 for 2024)
- BROOKE WHEELDON-REECE, 913 S PARSONS AVE STE C, BRANDON, FL 33511
- Signed the 990
- BROOKE WHEELDON-REECE, CEO
- Phone
- (813) 662-6920
- Website
- THESPARKINITIATIVE.COM
- Return prepared by
- HAMILTON & ASSOCIATES CPA LLC
Mission
WE ARE A NONPROFIT ORGANIZATION WHOSE MISSION IS TO CULTIVATE HUMAN POTENTIAL RESILIENCY LOCALLY AND GLOBALLY THROUGH EDUCATION, MENTORSHIP, AND PROGRAMMING CENTERED ON AN UNDERSTANDING OF THE MIND THAT SPARKS INNATE MENTAL HEALTH.
Program accomplishments
- THE SPARK INITIATIVE, INC. IS DEDICATED TO WORKING WITH YOUTH AT-RISK, SEX TRAFFICKING SURVIVORS, AND INCARCERATED JUVENILES, MILITARY VETERANS, AND ADULT WOMEN. THE SPARK INITIATIVE PROVIDES EVIDENCE-BASED MENTAL HEALTH EDUCATION AND MENTORING SERVICES THROUGH THEIR SELF-DEVELOPED SPARK MENTORING AND INSIGHT TO WELL-BEING CURRICULUM. GLOBALLY, THE ORGANIZATION ALSO TRAINS OTHER EDUCATIONAL INSTITUTES, COMMUNITY ORGANIZATIONS, AND INDIVIDUALS TO DO THE SAME THORUGH THE USE OF THEIR PROGRAMS. THE OVERALL GOAL OF THESE PROGRAMS IS TO UNCOVER HUMAN POTENTIAL AND RESILIENCE, SPARK INNATE MENTAL HEALTH, AND PROMOTE HEALTHY RELATIONSHIPS AND CONNECTEDNESS THROUGHOUT THE COMMUNITY AND THE WORLD. THE ORGANIZAAITON ALSO WORKS TO ENCOURAGE, ESTABLISH, MAINTAIN, AND PARTICIPATE IN COLLABORATIVE PARTNERSHIPS WITH LIKE-MINDED ORGANIZATIONS.Expenses $1,085,303
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
- 20-8378337
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B60)
- Assets (IRS master file)
- $309,329
- Income (IRS master file)
- $1,182,062
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,182,062 | $1,141,062 | $309,329 | XML |
| 990 | December 2023 | $894,191 | $924,047 | $232,617 | XML |
| 990 | December 2022 | $810,911 | $971,147 | $140,203 | IRS |
| 990 | December 2021 | $540,420 | $497,628 | $314,427 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 20-8378337).
Questions about THE CYPRESS INITIATIVE INC
- What is the EIN of THE CYPRESS INITIATIVE INC?
- The employer identification number (EIN) of THE CYPRESS INITIATIVE INC is 20-8378337.
- Is THE CYPRESS INITIATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to THE CYPRESS INITIATIVE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE CYPRESS INITIATIVE INC 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 THE CYPRESS INITIATIVE INC 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 THE CYPRESS INITIATIVE INC 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 THE CYPRESS INITIATIVE INC?
- The 990 for the year ended December 31, 2024 names BROOKE WHEELDON-REECE.
- Who are the officers and directors of THE CYPRESS INITIATIVE INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $116,652 (BROOKE WHEELDON-REECE, CEO).
- How much revenue does THE CYPRESS INITIATIVE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,182,062, expenses of $1,141,062 and total assets of $309,329 at year end.
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