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US nonprofit · EIN 464897451 · Cranston, RIiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 464897451) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe time served.Latest return IRS Form 990 series e-file data - 990 for the year to 31 December 2025: assets, liabilities, staff, website, telephone, pay.Finances by year IRS Form 990 e-file data - total revenue and total expenses by tax year.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue. Not a statement that the organisation is recruiting.Principal officer IRS Form 990-N (e-Postcard) - principal officer named for tax year 2020.Deductibility IRS Publication 78 data (code PC), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

The Fly Initiative

Donations deductible
Revenue
$1.1m
year to 31 December 2025
Expenses
$1.1m
year to 31 December 2025
Total assets
$316k
$14k liabilities
Net assets
$301k
assets less liabilities
Directors and trustees
5
5.4 years on average
Staff
15
employees, year to 31 December 2025
Left since last filing
0
no seats appear to have opened
Officers and senior staff
1
named in Part VII
How am I connected?

The Fly Initiative's network

5 people2 organisationsi5 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

5 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 5 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
Adrian MedinaDirector2021
5 yrs
John KashmanianTreasurer2021
5 yrs
Joshua MyersDirector2021
5 yrs
Lammis VargasDirector2021
5 yrs
Lilia Kirtley HoltPresident2021
5 yrs
Under 5 years5 to 6 years6 years or more

Officers and senior leadership

1 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.
NameTitle as filedOn the filings
Marcy ReyesCEOsince 2021

Pay and hours

year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Marcy ReyesCEO40$113k
Lilia Kirtley HoltPresident$0
Adrian MedinaDirector$0
Joshua MyersTreasurer$0
Breilyn Rosario-EduardoSecretary$0
Lammis VargasDirector$0

About

Legal name
The Fly Initiative
EIN
464897451
Address
240 Summer St, Cranston, RI, 02910-5737
State
Rhode Island
Mission
Provide educational services and programs to teach financial literacy to youth and other stakeholders. (as filed on the Form 990)
Activity (NTEE)
P80 Human services
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Human Services
Size band
4 (IRS master file code)
Formed
2014
Principal officer
Marcy Reyes (as named on the Form 990)
IRS ruling date
1 August 2014
Status
Code 01 (unconditional exemption)
Form 990 filings on record
4, latest 2024
IRS Publication 78
PC (contributions deductible)

Most connected

Longest observed on the filings

≥5years on the filingsAdrian Medina
≥5years on the filingsJohn Kashmanian
≥5years on the filingsJoshua Myers
≥5years on the filingsLammis Vargas

Latest return

year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.
Total assets
$316k
Total liabilities
$14k
Net assets or fund balances
$301k
Contributions and grants received
$985k
Program service revenue
$155k
Employees
15

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2024$1.2m$979k$188k

As filed on the IRS Form 990. US dollars.