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Passes our checks

Cypress Place Inc

EIN 65-0480744 · Hollywood, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair69 out of 100GovernanceWeak42 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

CYPRESS PLACE, INC. PROVIDES DAILY SUPERVISED ACTIVITIES AND REENTRY SKILLS TO YOUNG ADULTS 18 AND OVER. THE PROGRAM ENCOURAGES INDEPENDENCE AND SELF ACHIEVEMENT IN A STRUCTURED ATMOSPHERE WITH EDUCATIONAL ADULT RETRAINING FOR YOUNG ADULTS TO GAIN THE SKILLS NECESSARY TO BE INDEPENDENT AND TO RE-ENTER THE JOB MARKET.

Income
$1.6 million
Spending
$1.6 million
Spent on programs
91%
Reserves
0.5 months of spending
Largest source of income
fees for its services, 100%
Employees
34

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 69 out of 100.

  • Reserves

    4 of 35

    Spendable reserves would cover 0.5 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 3% of income.

  • Income trend

    15 of 15

    Income rose 10% on the year before.

  • Spending floor

    15 of 15

    91% of spending went to programs.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 42 out of 100.

  • Independent board

    25 of 25

    8 of 8 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $1.4 million spent. CYPRESS PLACE, INC. PROVIDES DAILY SUPERVISED ACTIVITIES AND REENTRY SKILLS TO YOUNG ADULTS 18 AND OVER. THE PROGRAM ENCOURAGES INDEPENDENCE AND SELF - ACHIEVEMENT IN A STRUCTURED ATMOSPHERE WITH DAILY EDUCATIONAL PROGRAMS OFFERED BY A STAFF EDUCATOR. THE PROGRAMS ARE DIRECTED AT INTELLECTUAL AND CULTURAL DISCUSSIONS DESIGNED FOR STIMULATION AND INVOLVEMENT. INDIVIDUAL TUTORING FOR JOB RETRAINING IS ALSO PROVIDED. THE OVERALL LONG TERM GOAL IS TO PREPARE THE CLIENTS TO BE INDEPENDENT, AND THE CHANCE TO REENTER THE WORKFORCE.
  2. CYPRESS PLACE, INC. PROVIDES DAILY SUPERVISED ACTIVITIES AND REENTRY SKILLS TO YOUNG ADULTS 18 AND OVER. THE PROGRAM ENCOURAGES INDEPENDENCE AND SELF - ACHIEVEMENT IN A STRUCTURED ATMOSPHERE WITH DAILY EDUCATIONAL PROGRAMS OFFERED BY A STAFF EDUCATOR. THE PROGRAMS ARE DIRECTED AT INTELLECTUAL AND CULTURAL DISCUSSIONS DESIGNED FOR STIMULATION AND INVOLVEMENT. INDIVIDUAL TUTORING FOR JOB RETRAINING IS ALSO PROVIDED. THE OVERALL LONG TERM GOAL IS TO PREPARE THE CLIENTS TO BE INDEPENDENT, AND THE CHANCE TO REENTER THE WORKFORCE.
  3. CYPRESS PLACE, INC. PROVIDES DAILY SUPERVISED ACTIVITIES AND REENTRY SKILLS TO YOUNG ADULTS 18 AND OVER. THE PROGRAM ENCOURAGES INDEPENDENCE AND SELF - ACHIEVEMENT IN A STRUCTURED ATMOSPHERE WITH DAILY EDUCATIONAL PROGRAMS OFFERED BY A STAFF EDUCATOR. THE PROGRAMS ARE DIRECTED AT INTELLECTUAL AND CULTURAL DISCUSSIONS DESIGNED FOR STIMULATION AND INVOLVEMENT. INDIVIDUAL TUTORING FOR JOB RETRAINING IS ALSO PROVIDED. THE OVERALL LONG TERM GOAL IS TO PREPARE THE CLIENTS TO BE INDEPENDENT, AND THE CHANCE TO REENTER THE WORKFORCE.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 1994.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.