THE FLY INITIATIVE: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
THE FLY INITIATIVE (EIN 46-4897451)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-08-04
IRS object ID
202622169349301902
Schema version
2025v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-08-04T14:57:37-04:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN050442539PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RONALD J AMIRAULT CPA LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13239 POST RDAddressLine1Txt
CityWARWICKCityNm
State AbbreviationRIStateAbbreviationCd
ZIP028867145ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464897451EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE FLY INITIATIVEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFLYIBusinessNameControlTxt
Phone4016991427PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1225 DYER STREETAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARCY REYESPersonNm
Person TitleCEOPersonTitleTxt
Phone4015264735PhoneNum
Signature2026-08-04SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLORENA A DODGE CPAPreparerPersonNm
PTINP00114449PTIN
Phone4017391200PhoneNum
Preparation2026-08-04PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerMARCY REYESPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1240 SUMMER STREETAddressLine1Txt
CityCRANSTONCityNm
State AbbreviationRIStateAbbreviationCd
ZIP02910ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,140,087GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FLYINITIATIVE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StateRILegalDomicileStateCd
Activity Or MissionPROVIDE EDUCATIONAL SERVICES AND PROGRAMS TO TEACH FINANCIAL LITERACY TO YOUTH AND OTHER STAKEHOLDERS.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee15TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$1,024,636PYContributionsGrantsAmt
CY Contributions Grants$984,953CYContributionsGrantsAmt
PY Program Service Revenue$142,873PYProgramServiceRevenueAmt
CY Program Service Revenue$155,134CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,167,509PYTotalRevenueAmt
CY Total Revenue$1,140,087CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$622,481PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$739,277CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$112,299CYTotalFundraisingExpenseAmt
PY Other Expenses$356,910PYOtherExpensesAmt
CY Other Expenses$406,642CYOtherExpensesAmt
PY Total Expenses$979,391PYTotalExpensesAmt
CY Total Expenses$1,145,919CYTotalExpensesAmt
PY Revenues Less Expenses$188,118PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$5,832CYRevenuesLessExpensesAmt
Total Assets BOY$367,328TotalAssetsBOYAmt
Total Assets EOY$315,693TotalAssetsEOYAmt
Total Liabilities BOY$60,138TotalLiabilitiesBOYAmt
Total Liabilities EOY$14,335TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$307,190NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$301,358NetAssetsOrFundBalancesEOYAmt
MissionPROVIDE EDUCATIONAL SERVICES AND PROGRAMS TO TEACH FINANCIAL LITERACY TO YOUTH AND OTHER STAKEHOLDERS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$657,812ExpenseAmt
Revenue$155,134RevenueAmt
DescEDUCATION OF FINANCIAL LITERACY FOR ALL AGES USING PROGRAM MATERIALS AND CURRICULUMDesc
Total Program Service Expenses$657,812TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee15EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMARCY REYESPersonNm
Phone4016991427PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1240 SUMMER STREETAddressLine1Txt
CityCRANSTONCityNm
State AbbreviationRIStateAbbreviationCd
ZIP02910ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
MARCY REYES
CEO40.000.00Yes (X)$112,692$0$0
LILIA KIRTLEY HOLT
PRESIDENTYes (X)$0$0$0Yes (X)
ADRIAN MEDINA
DIRECTOR$0$0$0Yes (X)
JOSHUA MYERS
TREASURERYes (X)$0$0$0Yes (X)
BREILYN ROSARIO-EDUARDO
SECRETARYYes (X)$0$0$0Yes (X)
LAMMIS VARGAS
DIRECTOR$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$112,692TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$984,953AllOtherContributionsAmt
Total Contributions$984,953TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SERVICE INCOME$145,616$145,616
OTHER INCOME$9,518$9,518
FieldValueIRS element (for citing)
Total Program Service Revenue$155,134TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,140,087TotalRevenueColumnAmt
Related Or Exempt Func Income$155,134RelatedOrExemptFuncIncomeAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$112,692TotalAmt
Management And General$112,692ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$545,724TotalAmt
Program Services$419,243ProgramServicesAmt
Management And General$75,646ManagementAndGeneralAmt
Fundraising$50,835FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$28,510TotalAmt
Program Services$23,183ProgramServicesAmt
Management And General$5,327ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$52,351TotalAmt
Program Services$34,357ProgramServicesAmt
Management And General$17,994ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$29,985TotalAmt
Program Services$7,496ProgramServicesAmt
Management And General$22,489ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$4,800TotalAmt
Program Services$1,200ProgramServicesAmt
Management And General$3,600ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$62,760TotalAmt
Program Services$58,673ProgramServicesAmt
Management And General$4,087ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$17,634TotalAmt
Fundraising$17,634FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$9,571TotalAmt
Program Services$4,185ProgramServicesAmt
Management And General$5,386ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$4,243TotalAmt
Management And General$4,243ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$115,112TotalAmt
Management And General$115,112ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$12,184TotalAmt
Program Services$10,546ProgramServicesAmt
Management And General$1,638ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$13,891TotalAmt
Program Services$7,916ProgramServicesAmt
Management And General$5,975ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,755TotalAmt
Program Services$3,755ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,619TotalAmt
Management And General$1,619ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
COGS$87,258$87,258
EVENT EXPENSES$43,830$43,830

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,145,919TotalAmt
Program Services$657,812ProgramServicesAmt
Management And General$375,808ManagementAndGeneralAmt
Fundraising$112,299FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$364,660BOYAmt
EOY$277,624EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$30,246EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$14,844LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$13,521LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,668BOYAmt
EOY$1,323EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$6,500EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$367,328BOYAmt
EOY$315,693EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$60,060BOYAmt
EOY$14,060EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$78BOYAmt
EOY$275EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$60,138BOYAmt
EOY$14,335EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$307,190BOYAmt
EOY$301,358EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$307,190BOYAmt
EOY$301,358EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$367,328BOYAmt
EOY$315,693EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$5,832ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$465,650CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$31,363CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$650,721CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,024,636CurrentTaxYearMinus1YearAmt
Current Tax Year$984,953CurrentTaxYearAmt
Total$3,157,323TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$465,650CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$31,363CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$650,721CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,024,636CurrentTaxYearMinus1YearAmt
Current Tax Year$984,953CurrentTaxYearAmt
Total$3,157,323TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$3,157,323PublicSupportTotal170Amt
Total Support$3,157,323TotalSupportAmt
Gross Receipts Rltd Activities$376,207GrossReceiptsRltdActivitiesAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,844OtherCostOrOtherBasisAmt
Depreciation$13,521DepreciationAmt
Book Value$1,323BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,323TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescPENSION PLAN PAYABLEDesc
Amt$275Amt
FieldValueIRS element (for citing)
Total Liability$275TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
FORM 990, PAGE 6, PART VI, LINE 19NO DOCUMENTS AVAILABLE TO THE PUBLIC

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