Overview
What is Cypress International Inc?
Cypress International Inc is a charitable organization, headquartered in Indianapolis, Indiana, with a specific focus on supporting educational institutions and providing educational opportunities for underprivileged individuals worldwide. By providing funding to various educational organizations, this nonprofit contributes significantly to enhancing access to education and fostering learning opportunities for those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 63%)
Cypress International Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its operational and governance practices. With an overall score of 63%, the organization demonstrates a strong program expense ratio of 95.13%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. This is a positive aspect, showcasing the organization's commitment to its mission.
However, the organization faces notable challenges regarding accountability and finance. Although it has a fully independent board, it lacks critical policies such as a conflict of interest policy, whistleblower policy, and a document retention and destruction policy. These missing elements raise concerns about transparency and governance practices, which could affect stakeholder trust and engagement.
Additionally, Cypress International Inc has not listed its website on its tax form and has not posted its tax form on its nonprofit website, which further detracts from its accountability measures. Strengthening these areas would enhance the organization’s overall rating and public perception, allowing for greater confidence from donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Cypress International Inc legitimate?
Cypress International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cypress International Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Cypress International Inc?
Cypress International Inc's mission is centered around supporting educational organizations and providing educational opportunities to individuals in need worldwide. The organization achieves this by providing funding to various educational institutions and creating educational opportunities for underprivileged individuals. Through its grants, Cypress International Inc helps strengthen educational organizations and broadens access to education for those who may not otherwise have the chance.
Who is the CEO of Cypress International Inc?
Martin George is the President of Cypress International Inc.
What is the revenue of Cypress International Inc?
Cypress International Inc's revenue in 2023 was $4,144.
Who are the executives of Cypress International Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cypress International Inc?
Cypress International Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Cypress International Inc
Cypress International Inc, as a nonprofit organization, is committed to aiding educational institutions and providing educational opportunities to individuals in need worldwide. This mission is twofold: firstly, Cypress International Inc supports various educational organizations with funds, and secondly, it offers educational opportunities to disadvantaged individuals. Through the grants it provides, Cypress International Inc plays a significant role in enhancing the educational landscape, ensuring that needy individuals have access to quality education.
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Impact
August, 2024
Cypress International Inc's impact lies in providing funding to educational organizations and creating educational opportunities for those in need globally. Through its grants, the organization supports the improvement of educational institutions and helps individuals who require assistance in accessing education. Their work contributes to enhancing educational standards and facilitating learning for marginalized communities around the world.
This information is meant to be a general summary of Cypress International Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $4,144
- Gross Receipts: $647,033
Assets and Liabilities:
- Total Assets: $188,272
- Total Liabilities: $0
- Net Assets: $188,272
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Organization Details
Founding Year
2009
Phone
(317) 578-4577Principal Officer
Martin George
Main Address
5750 CASTLE CREEK PKWY N DR 150, INDIANAPOLIS, IN, 46250
NTEE Category
Code: Q20 - International
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