Significant decline in assets: Assets decreased from $6,761,362 in 2012 to $665,247 in 2023.
Lack of detailed spending breakdown in provided data, hindering efficiency analysis.
Unexplained large discrepancy between 'Latest Revenue' and recent annual filing revenues.
Strengths
Zero officer compensation reported across all filings, indicating good stewardship in executive pay.
Low liabilities reported ($0 or $1 across all filings), suggesting minimal debt burden.
Spending Breakdown
How Cypress Foundation Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Cypress Foundation Inc
Is Cypress Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cypress Foundation Inc (EIN: 133667026) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is Cypress Foundation Inc a good charity to donate to?
Cypress Foundation Inc has a Mission Score of 45/100. Revenue: $5.0M. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cypress Foundation Inc?
The Employer Identification Number (EIN) for Cypress Foundation Inc is 133667026. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Cypress Foundation Inc spend its money?
Cypress Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cypress Foundation Inc's tax-exempt status?
You can verify Cypress Foundation Inc's tax-exempt status using EIN 133667026 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Cypress Foundation Inc. exhibits a concerning financial trend, consistently spending significantly more than its revenue in recent years. For instance, in 2023, expenses were $929,397 against revenue of $320,262, and in 2022, expenses were $3,215,272 compared to $2,718,100 in revenue. This persistent deficit spending has led to a substantial decline in assets, from a peak of $6,761,362 in 2012 to $665,247 in 2023. While the organization reports 0% officer compensation, which suggests good stewardship in that area, the overall financial sustainability is questionable given the consistent operating losses. The lack of detailed spending breakdowns (programs, admin, fundraising) in the provided data limits a full assessment of spending efficiency, but the declining asset base is a significant red flag for long-term viability.
The organization's transparency regarding executive compensation is excellent, reporting 0% officer compensation across all available filings. However, the absence of NTEE code and detailed expense categories in the provided data makes it difficult to fully evaluate program focus and administrative efficiency. The consistent decline in assets over the past decade, from over $6 million to under $1 million, indicates a significant draw-down of reserves, which is unsustainable without a reversal in financial performance. The latest reported revenue of $5,011,998 is an anomaly compared to recent filing periods, suggesting a potential one-time event or a significant shift not reflected in the annual filing history provided.