The Cypress Initiative Inc
The Cypress Initiative Inc shows strong revenue growth and zero executive compensation, but recent deficits raise sustainability concerns.
EIN: 208378337 · Brandon, FL · NTEE: B60 · Updated: 2026-03-28
Is The Cypress Initiative Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Cypress Initiative Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Cypress Initiative Inc
The Cypress Initiative Inc (EIN: 208378337) is a nonprofit organization based in Brandon, FL, classified under NTEE code B60. The organization reported total revenue of $1.2M and total assets of $309K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Cypress Initiative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Cypress Initiative Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The Cypress Initiative Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The Cypress Initiative Inc has reported 0% officer compensation across all 13 available filings, indicating that no salaries or benefits were paid to its officers. This is highly commendable for an organization with revenues growing to nearly $1 million, suggesting a strong volunteer leadership or a very lean operational model focused entirely on program delivery.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Cypress Initiative Inc's IRS 990 filings:
- Expenses exceeded revenue in the last two reported periods (2022 and 2023), totaling a deficit of $30,000 in 2023 and $160,236 in 2022.
- Increasing liability-to-asset ratio, reaching 77.8% in 2023 ($181,010 liabilities / $232,617 assets).
Strengths
The following positive indicators were identified for The Cypress Initiative Inc:
- Zero officer compensation reported across all 13 filings, indicating highly efficient use of funds.
- Significant revenue growth from $169,368 in 2014 to $894,191 in 2023, demonstrating increasing donor support.
- Consistent filing history (13 filings), indicating good transparency and compliance.
Frequently Asked Questions about The Cypress Initiative Inc
Is The Cypress Initiative Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Cypress Initiative Inc (EIN: 208378337) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does The Cypress Initiative Inc spend its money?
The Cypress Initiative Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Cypress Initiative Inc tax-deductible?
The Cypress Initiative Inc is registered as a tax-exempt nonprofit (EIN: 208378337). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Cypress Initiative Inc financially stable?
While the organization has shown significant revenue growth, it has experienced deficits in the last two reported periods (2022 and 2023), where expenses exceeded revenue. This trend, if not reversed, could impact long-term financial stability, despite its current asset base of $232,617 in 2023.
How does The Cypress Initiative Inc manage executive compensation?
The organization has reported 0% officer compensation for all 13 years of its filing history, indicating a strong commitment to directing funds towards its mission rather than executive salaries.
Has The Cypress Initiative Inc been growing?
Yes, The Cypress Initiative Inc has demonstrated substantial growth, with revenue increasing from $169,368 in 2014 to $894,191 in 2023, reflecting increased support and activity.
What is the organization's liability situation?
The organization's liabilities have fluctuated, reaching $181,010 in 2023 against assets of $232,617. While manageable, the liability-to-asset ratio of 77.8% in 2023 is higher than previous years and warrants attention.
Filing History
IRS 990 filing history for The Cypress Initiative Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Cypress Initiative Inc's revenue has grown by 254.5%, moving from $252K to $894K. Total assets increased by 174.2% over the same period, from $85K to $233K. Total functional expenses rose by 310.5%, from $225K to $924K. In its most recent filing year (2023), The Cypress Initiative Inc reported a deficit of $30K, with expenses exceeding revenue. The organization holds $181K in liabilities against $233K in assets (debt-to-asset ratio: 77.8%), resulting in net assets of $52K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $894K | $924K | $233K | $181K | — | View 990 |
| 2022 | $811K | $971K | $140K | $59K | — | View 990 |
| 2021 | $540K | $498K | $314K | $73K | — | View 990 |
| 2020 | $388K | $390K | $281K | $82K | — | View 990 |
| 2019 | $479K | $376K | $258K | $56K | — | View 990 |
| 2018 | $520K | $511K | $462K | $364K | — | View 990 |
| 2017 | $298K | $369K | $197K | $71K | — | — |
| 2016 | $339K | $278K | $199K | $2K | — | View 990 |
| 2015 | $246K | $181K | $137K | $0 | — | View 990 |
| 2014 | $169K | $124K | $72K | $0 | — | View 990 |
| 2013 | $138K | $152K | $27K | $0 | — | View 990 |
| 2012 | $133K | $175K | $43K | $10K | — | View 990 |
| 2011 | $252K | $225K | $85K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $894K, expenses of $924K, and assets of $233K (revenue +10.3% year-over-year).
- 2022: Revenue of $811K, expenses of $971K, and assets of $140K (revenue +50.1% year-over-year).
- 2021: Revenue of $540K, expenses of $498K, and assets of $314K (revenue +39.4% year-over-year).
- 2020: Revenue of $388K, expenses of $390K, and assets of $281K (revenue -19.1% year-over-year).
- 2019: Revenue of $479K, expenses of $376K, and assets of $258K (revenue -7.9% year-over-year).
- 2018: Revenue of $520K, expenses of $511K, and assets of $462K (revenue +74.6% year-over-year).
- 2017: Revenue of $298K, expenses of $369K, and assets of $197K (revenue -12.1% year-over-year).
- 2016: Revenue of $339K, expenses of $278K, and assets of $199K (revenue +37.7% year-over-year).
- 2015: Revenue of $246K, expenses of $181K, and assets of $137K (revenue +45.2% year-over-year).
- 2014: Revenue of $169K, expenses of $124K, and assets of $72K (revenue +23.0% year-over-year).
- 2013: Revenue of $138K, expenses of $152K, and assets of $27K (revenue +3.3% year-over-year).
- 2012: Revenue of $133K, expenses of $175K, and assets of $43K (revenue -47.1% year-over-year).
- 2011: Revenue of $252K, expenses of $225K, and assets of $85K.
Data Sources and Methodology
This transparency report for The Cypress Initiative Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.