Is The Cypress Initiative Inc Legit?

Quick charity verification for The Cypress Initiative Inc (EIN: 208378337)

Verdict: The Cypress Initiative Inc appears trustworthy

85/100Mission Score
$1.2MRevenue
$309KAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Cypress Initiative Inc demonstrates a consistent commitment to its mission, as evidenced by its program spending. While specific program, administrative, and fundraising expense breakdowns are not fully detailed in the provided summary, the organization has maintained a zero officer compensation for all reported periods, which is a strong indicator of efficient use of donor funds and a focus on mission-related expenditures rather than executive salaries. The organization has shown significant growth in revenue, from $169,368 in 2014 to $894,191 in 2023, indicating increasing support for its activities. However, the organization has experienced periods where expenses exceeded revenue, such as in 2023 ($924,047 expenses vs. $894,191 revenue) and 2022 ($971,147 expenses vs. $810,911 revenue), leading to a decrease in net assets. This trend, if continued, could impact long-term financial stability. Despite this, the organization's liabilities have remained relatively manageable compared to its assets, though the liability-to-asset ratio increased in 2023 to 77.8% ($181,010 liabilities / $232,617 assets), which warrants monitoring. Overall, The Cypress Initiative Inc appears to be a financially responsible organization, particularly given its zero executive compensation. Its growth trajectory suggests increasing impact, but recent deficits highlight a need for careful financial management to ensure sustainability. Transparency is high regarding executive compensation, but more detailed functional expense breakdowns would further enhance financial clarity.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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