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Nonprofit · EIN 46-4138550

PHANTOM RESCUE INC

Tax-exempt (reinstated) · LAKE CITY, FL 32024

Financials

$6K$4K2023$12K2024
Revenue Expenses · by fiscal year end
Financials of PHANTOM RESCUE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ–$12,127–$192,372–$192,372
December 31, 2023990-EZ$6,173$3,710$2,463$204,499–$204,499
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$1,622
Other expenses
$10,505
Program services (functional)
$10,000

Balance sheet and other

Total assets, start of year
$204,499
Total assets, end of year
$192,372
Total liabilities, end of year
–
Net assets, end of year
$192,372
Cash, savings and investments
$19,278

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL A SPARKSDIRECTOR35$0
TONI MUSANTESECRETARY20$0
FRANK SMITHDIRECTOR15$0
CHRISTINA MAGILLDIRECTOR35$0
ALYSSA BURGINDIRECTOR35$0
JONATHAN JOHNSONDIRECTOR60$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
MICHAEL A SPARKSDIRECTOR35$0
TONI MUSANTESECRETARY35$0
FRANK SMITHDIRECTOR15$0
CHRISTINA MAGILLDIRECTOR25$0
ALYSSA BURGINDIRECTOR25$0
JONATHAN JOHNSONDIRECTOR30$0

Address and contacts

Address (IRS master file)
1628 SW MANDIBA DR, LAKE CITY, FL 32024-6416
Signed the 990-EZ
MICHAEL A SPARKS, DIRECTOR
Phone
(954) 254-8025
Return prepared by
MAGNUS FLAWS & COMPANY PA

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.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • 09 SEMINARS 09 ASSISTANCE FOR FAMILIES WITH ABDUCTED CHILDREN 07 DIRECT ASSISTED RECOVERIES 01 APP IN FINAL STAGE FOR EDUCATION, AWARENESS, AND PREVENTION OF ABDUCTIONS. IT WILL LAUNCH IN THE NEXT 30 DAYS.
    Expenses $10,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
46-4138550
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
2016
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$192,372

Revocation and reinstatement

Exemption revoked
May 15, 2016
Posted by the IRS
July 12, 2016
Reinstated
Effective May 15, 2016

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024–$12,127$192,372XML
990-EZDecember 2023$6,173$3,710$204,499XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 2017–––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 46-4138550).

Questions about PHANTOM RESCUE INC

What is the EIN of PHANTOM RESCUE INC?
The employer identification number (EIN) of PHANTOM RESCUE INC is 46-4138550.
Is PHANTOM RESCUE INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2016 and reinstated it effective May 15, 2016.
Are donations to PHANTOM RESCUE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PHANTOM RESCUE INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of PHANTOM RESCUE 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 PHANTOM RESCUE INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of PHANTOM RESCUE INC?
The 990-EZ for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.

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