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Cypress Knoll Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 582080248 ✦ Melbourne, AR ✦ Designated as a 501(c)(3)

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Overview

What is Cypress Knoll Inc?

Cypress Knoll Inc is a nonprofit organization situated in Melbourne, Arkansas, primarily dedicated to providing housing aid to families with limited income. They receive federal support to accomplish this mission, extending their assistance to the elderly and disabled residents as well. By offering this essential service, Cypress Knoll Inc strives to improve living conditions and provide a sense of security for these vulnerable populations.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.

Cypress Knoll Inc has received a Two-Star rating, indicating a moderate level of accountability and financial health. The organization scores well in areas such as having a majority of independent board members and maintaining a strong liabilities to assets ratio, reflecting strong financial practices. The program expense ratio is also high, suggesting that a significant portion of its funds is directed toward its charitable activities.

However, the nonprofit faces notable limitations in governance and transparency. The absence of key policies, including a conflict of interest policy, whistleblower policy, and a document retention policy, raises concerns about its accountability mechanisms. Additionally, the failure to post its tax forms on its website indicates a lack of transparency, which may affect public trust and confidence in the organization. Addressing these gaps could improve its overall rating and strengthen stakeholder trust.


This AI summary has been generated from information found on Charity Navigator.

Is Cypress Knoll Inc legitimate?

Cypress Knoll Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cypress Knoll 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

For more financial information, click here

What is the mission statement of Cypress Knoll Inc?

Cypress Knoll Inc is committed to providing housing assistance to families with low income levels, utilizing federal resources. Their mission encompasses offering specialized programs for the elderly and disabled individuals, aiming to enhance their living conditions. By offering this assistance, Cypress Knoll Inc strives to make housing more accessible and affordable for those who need it most.

Who is the CEO of Cypress Knoll Inc?

Katy Blevins is the President of Cypress Knoll Inc.

What is the revenue of Cypress Knoll Inc?

Cypress Knoll Inc's revenue in 2022 was $76,097.

Who are the executives of Cypress Knoll Inc and what are their salaries?


Here are 4 key members and their salaries:


Mike Cone (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridget Mcspadden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Rush (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katy Blevins (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cypress Knoll Inc?

Cypress Knoll Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cypress Knoll Inc

Cypress Knoll Inc, as a mission-driven organization, is committed to providing housing assistance to families with low income. Their primary objective is to extend this support using federal funding. Beyond this, Cypress Knoll also focuses on catering to the needs of the elderly and disabled residents, demonstrating a comprehensive approach towards affordable housing.

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Impact




August, 2024

Cypress Knoll Inc's impact is significant in providing housing with federal assistance to low-income families in Melbourne, AR. They offer programs for the elderly and disabled, addressing essential needs and improving the quality of life for vulnerable populations in the community. Through their mission to provide affordable housing, Cypress Knoll Inc plays a crucial role in promoting stable and secure living conditions for those who are most in need.




This information is meant to be a general summary of Cypress Knoll 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.

Revenue
$76,097 (2022)
Expenses
$123,772 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $16
  • Program Service Revenue: $52,839
  • Gross Receipts: $76,097

Assets and Liabilities:

  • Total Assets: $260,332
  • Total Liabilities: $22,677
  • Net Assets: $237,655

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$53,248

LESS BAD DEBTS

Revenue

-$409

Organization Details

Founding Year

1993

Principal Officer

Katy Blevins

Main Address

PO BOX 650, MELBOURNE, AR, 725560650

NTEE Category

Code: E91Z - Health

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