Is Cypress Landing Marina Association…

Quick charity verification for Cypress Landing Marina Association (EIN: 10745603)

Strengths

Consistent financial surplus, with revenue significantly exceeding expenses in all reported periods (e.g., $375,361 revenue vs. $243,816 expenses in 202312).
Strong asset growth over time, from $1,276,793 in 201412 to $2,272,925 in 202312, indicating effective financial management and reinvestment.
Zero reported officer compensation across all filings, suggesting a volunteer-driven leadership and high operational efficiency.
Low liabilities relative to assets, demonstrating a healthy balance sheet (e.g., $200,298 liabilities vs. $2,272,925 assets in 202312).
Stable and growing revenue stream over the past decade, indicating a sustainable financial model.

Spending Breakdown

How Cypress Landing Marina Association allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Landing Marina Association

Is Cypress Landing Marina Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Cypress Landing Marina Association (EIN: 10745603) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

Is Cypress Landing Marina Association a good charity to donate to?

Cypress Landing Marina Association has a Mission Score of 95/100. Revenue: $907K. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Cypress Landing Marina Association?

The Employer Identification Number (EIN) for Cypress Landing Marina Association is 10745603. 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 Landing Marina Association spend its money?

Cypress Landing Marina Association allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Cypress Landing Marina Association's tax-exempt status?

You can verify Cypress Landing Marina Association's tax-exempt status using EIN 10745603 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 Landing Marina Association demonstrates consistent financial stability and strong operational efficiency. Over the past decade, the organization has shown steady growth in both revenue and assets, with the latest reported revenue at $375,361 and assets at $2,272,925 for the period ending 202312. Expenses have remained well below revenue, indicating sound financial management and a healthy surplus. For instance, in 202312, expenses were $243,816 against $375,361 in revenue, resulting in a significant net positive. The organization's liabilities are consistently a small fraction of its assets, further reinforcing its financial health.

The association's NTEE code N67 (Recreational & Social Clubs) suggests its primary activities are member-focused, which aligns with the absence of reported officer compensation across all filings. This indicates that the organization is likely run by volunteers, contributing to its operational efficiency by minimizing administrative overhead. The consistent growth in assets, from $1,276,793 in 201412 to $2,272,925 in 202312, reflects effective stewardship of resources and a strong capacity to maintain and improve its facilities for its members. The lack of officer compensation also points to a high degree of transparency regarding how funds are utilized, primarily for the benefit of the marina and its community.

Is Cypress Landing Marina Association Legit?

Verdict: Cypress Landing Marina Association appears trustworthy

Red Flags