Overview
What is Cyprus Childrens Fund Inc?
The Cyprus Children's Fund Inc, situated in New York, NY, is a nonprofit organization dedicated to aiding and uplifting underprivileged children in Cyprus. It extends its support primarily to refugee children who have been displaced due to the Turkish invasion and to impoverished orphans. This is accomplished through the organization's child sponsorship program, which provides essential assistance. Additionally, the Cyprus Children's Fund contributes to the needs of children in need and coordinates humanitarian events with administrative support. By doing so, the organization strives to make a positive impact on the lives of these children in Cyprus.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (74%, Two-Star out of Four Star rating)
The Cyprus Children’s Fund Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting some strengths in accountability and finance, with a perfect score of 100%. The organization demonstrates strong governance practices, as indicated by its fully independent board and high scores in key areas such as material diversion of assets and conflict of interest policy. These factors contribute positively to their overall financial transparency.
Despite these strengths, the Fund's program expense ratio is a point of concern, scoring only 19 out of 25. This suggests that a smaller portion of their expenditures is directed towards program services, which may raise questions about the effectiveness of their funding usage. Additionally, while the overall score reflects solid governance, the two-star rating indicates that there are areas requiring improvement to enhance their service delivery.
Overall, while the Cyprus Children's Fund Inc showcases commendable financial practices and governance, its program expense ratio highlights an opportunity for the organization to better allocate resources towards impactful initiatives. Addressing these limitations could help elevate their rating and overall effectiveness in achieving their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Cyprus Childrens Fund Inc legitimate?
Cyprus Childrens Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cyprus Childrens Fund 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.
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What is the mission statement of Cyprus Childrens Fund Inc?
The Cyprus Children's Fund serves to aid and assist disadvantaged children in Cyprus. Their mission encompasses providing necessary aid and support to refugee children who have been displaced due to the Turkish invasion and to impoverished orphans. They accomplish this through their child sponsorship program, offering direct financial assistance and organizing humanitarian events. The organization's primary focus is on supporting children in need, contributing to their overall well-being.
Who is the CEO of Cyprus Childrens Fund Inc?
Nicos Zittis is the President of Cyprus Childrens Fund Inc.
What is the revenue of Cyprus Childrens Fund Inc?
Cyprus Childrens Fund Inc's revenue in 2022 was $87,193.
Who are the executives of Cyprus Childrens Fund Inc and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Cyprus Childrens Fund Inc?
Cyprus Childrens Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cyprus Childrens Fund Inc
The Cyprus Children's Fund, a nonprofit organization, is committed to aiding and supporting disadvantaged children in Cyprus. Its primary mission is to extend aid and assistance to refugee children who have been displaced due to the Turkish invasion, as well as to impoverished orphans. The organization achieves this through its child sponsorship program, which provides direct financial support and organizes humanitarian events. By donating to children in need and engaging in charitable activities, the Cyprus Children's Fund seeks to make a positive impact on the lives of these vulnerable young individuals.
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Impact
October, 2024
Cyprus Children's Fund Inc significantly improves the lives of vulnerable children in Cyprus by providing essential support and assistance. The organization focuses on helping refugee children displaced by the Turkish invasion, as well as supporting impoverished orphans through its child sponsorship program.
Through financial donations and organized humanitarian events, the fund addresses the immediate needs of these children, ensuring they receive vital resources such as food, clothing, and education. By creating opportunities for individuals to sponsor a child, the organization fosters long-term relationships that contribute to the children's well-being and development.
Located in New York, NY, the Cyprus Children's Fund Inc plays a crucial role in mobilizing resources and raising awareness about the plight of these children, making a lasting impact in their lives and communities.
This information is meant to be a general summary of Cyprus Childrens Fund 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 2022.
- Investment Income: $25,708
- Program Service Revenue: $59,727
- Gross Receipts: $87,193
Assets and Liabilities:
- Total Assets: $910,682
- Total Liabilities: $22,797
- Net Assets: $887,885
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DONATIONS
Revenue
$59,727
Organization Details
Founding Year
1975
Phone
(212) 696-4590Principal Officer
Nicos Zittis
Main Address
13 EAST 40th STREET, NEW YORK, NY, 10016
NTEE Category
Code: Q330 - International
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