Nonprofit screen
Screen a listThe Cypress Initiative Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$1.2Mrevenue
FY2024 · +119% in 3 yrs10staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin3.5%
Months of reserve1.9mo
Revenue growth (annualized)+21.8%
Middle half of peersMedianCypress Initiative
Where the money goes FY2024 · $1.1M spent
Programs$1.1M95%Management and general$56k5%990 FY2024 · Part IX line 25
Worth checking2
A funder worth 10% of revenue stopped after FY2020
Mightycause Charitable Foundation gave $40k in FY2020, 10% of revenue that year.
Funders’ 990-PF grant listsDeficits in 2 of the last 3 years
−$160k in FY2022 and −$30k in FY2023. Cash covers 1.9 months, under the peer median of 4.1.
990 Part I and balance sheetIn its favor1
Growing faster than peers
Revenue up 22% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort10funders
$382ka year, last 3 years
50%from its largest funder
Funder’17’18’19’20’21’22’23Mightycause Charitable FoundationOn and off$40kPwc Foundation IncOn and off$25kUnited Way Suncoast IncNew in FY2023$13kThe Maddox Family FoundationStopped after FY2021$5k$5k–Donor-advised giftsDonors not disclosed$191k$206k$212k$173k$152k$358k$594k
FundedThrough a donor-advised fundStopped