Overview
What is Cypress Place Inc?
Cypress Place Inc, located in Hollywood, Florida, is a nonprofit organization that primarily serves young adults aged 18 and above. Their mission is to foster independence and self-achievement in a structured environment, providing daily supervised activities. This includes educational programs led by a staff educator, stimulating intellectual and cultural discussions, and individual tutoring for job retraining. Their ultimate objective is to prepare clients to be self-sufficient and reintegrate into the workforce. The organization employs a team of 35 individuals, demonstrating their commitment to supporting this vulnerable population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Cypress Place Inc has been rated as needing improvement, earning a two-star rating with an overall score of 60%. The organization demonstrates a strong commitment to its programs, with a program expense ratio of 97.25%, indicating that a significant portion of its resources is allocated directly to its mission. Additionally, it has a strong independent board presence, with 100% of its board members being independent, which is a positive aspect in terms of governance.
However, the organization faces several limitations that impact its overall rating. It lacks essential financial transparency, as evidenced by missing financial statements and tax forms on its website, which raises concerns about accountability. Furthermore, the absence of key policies, such as conflict of interest and whistleblower protections, suggests potential weaknesses in governance practices that could affect stakeholder confidence.
Overall, while Cypress Place Inc shows a strong focus on program spending, improvements in financial transparency and governance policies are necessary to enhance its accountability and public trust. Addressing these limitations could significantly boost its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Cypress Place Inc legitimate?
Cypress Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cypress Place 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: $954,856
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What is the mission statement of Cypress Place Inc?
Cypress Place Inc, a non-profit organization, focuses on assisting young adults aged 18 and above. Their mission is to encourage independence and self-achievement through a structured program. This program provides daily supervised activities and educational adult retraining, enabling these individuals to acquire the necessary skills to become independent and re-enter the job market. The organization offers educational programs led by a staff educator, engaging in intellectual and cultural discussions designed for stimulation and involvement. Additionally, individual tutoring for job retraining is offered, with the ultimate goal of preparing the clients to lead independent lives and have the opportunity to rejoin the workforce.
What is the revenue of Cypress Place Inc?
Cypress Place Inc's revenue in 2023 was $1,444,110.
Who are the executives of Cypress Place Inc and what are their salaries?
The average compensation at Cypress Place Inc during 2023 was $27,282. There are 35 employees at Cypress Place Inc.
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Where can I find the form 990 for Cypress Place Inc?
Cypress Place Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Cypress Place Inc
Cypress Place Inc, a nonprofit organization, is dedicated to assisting young adults aged 18 and above in achieving independence and self-sufficiency. The program provided by Cypress Place encourages personal growth in a structured environment, offering educational adult retraining. The primary goal is to equip these young adults with the necessary skills to re-enter the job market. The organization provides daily supervised activities, educational programs led by a staff educator, and individual tutoring for job retraining. These programs focus on stimulating intellectual and cultural discussions, promoting involvement and personal development. By offering these resources, Cypress Place Inc aims to empower its clients, ultimately preparing them for independence and successful integration into the workforce.
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Impact
July, 2024
Cypress Place Inc's impact is significant in providing daily supervised activities and reentry skills to young adults aged 18 and over. The program aims to encourage independence, self-achievement, and job retraining to equip young adults with the necessary skills to be independent and re-enter the job market. By offering structured activities and educational programs led by staff educators, Cypress Place Inc plays a crucial role in preparing clients for independence and increasing their chances of successfully reintegrating into the workforce.
This information is meant to be a general summary of Cypress Place 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.
- Program Service Revenue: $1,444,110
- Gross Receipts: $1,444,110
Assets and Liabilities:
- Total Assets: $197,911
- Total Liabilities: $0
- Net Assets: $197,911
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADULT RETRAINING FEES
Revenue
$1,444,110
Organization Details
Founding Year
1994
Principal Officer
Yvonne Ginsberg
NTEE Category
Code: Z99 - Unknown
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