Cy-Hope INC FY2020 filing

Tax-deductible

Cypress, TX501(c)(3)Since 2011EducationEIN 45-2346150Revenue $3.5M in FY2020

On file with the IRScy-hope.org12715 Telge Rd, 77429-2289 · Cypress, TXTax-exempt since May 2019Publicly supported charity — 170(b)(1)(A)(vi)

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To make life better for kids. Vision is to mobilize the entire community (cont'd on sch o) to provide opportunities for at-risk children to succeed in life and to support and encourage students, teachers and school administrators to help every school achieve exemplary status.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$274K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $1.3M a year · 25% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$274K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
13
named funders · $609K
Looks good: 13 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$687K
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
25
of 26 voting members
Looks good: 25 of 26 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.5M
Spent
$2.6M
To programs
92%
Net assets
$2.0M
By yearFY2020–FY2024
Revenue
$3.5M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$3.5M
FY2021$3.6M
FY2022$4.2M
FY2023$5.9M
FY2024$8.0M
Expenses
$2.6M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.6M
FY2021$2.9M
FY2022$3.4M
FY2023$4.6M
FY2024$5.5M
Net assets
$2.0M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.0M
FY2021$2.8M
FY2022$3.6M
FY2023$5.0M
FY2024$7.6M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $2.3M Management & general 6% · $142K Fundraising 3% · $73K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

36 people listed on the 990; $274K paid to officers and key staff.

Part VII, Section A · reportable compensation
Associate Clinical Director
$152,392Pt VII · Sec A
Key Employee
$121,261Pt VII · Sec A
$0Pt VII · Sec A
Past Vice Chair
$0Pt VII · Sec A
Executive Dir.
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Former Director
$0Pt VII · Sec A

Courtney Suddath’s $144K as Clinical Director is at the 61st percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kristin Henshaw$118,405$122,326$117,467$142,619$152,392
Courtney Suddath$143,745——$130,652$121,261
Jasper Gates$141,188————
Courntey Suddath—$137,312$138,983——
Lannie Cox$131,861$123,593—$112,919—
Sara Robertson—$108,772$119,088$105,934—
Lanie Cox——$106,467——
Lynda Dierker$100,800$100,800$100,800——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Mobilizes the community to give at-risk children opportunities to succeed and helps schools become exemplary.

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Provided by the organization

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3 programs · $2.1M · in their own filed words · FY2020
01

Counseling Center

The Center for Children & Families offers various forms of counseling with a variety of therapists.

$1.1Mprogram expense
02

Resale Market

Sale of donated items to raise funds to support all CY-Hope Programs

$706Kprogram expense
03

Back Pack Program

Provides food for needy school children each weekend. Cy-Hope, Inc. currently serves 66 schools which includes over 1,850 children.

$232Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 13 funders →
Grants paid · 5 grants · $226K · 2021–2024
Cypress Fairbanks Independent School DistrictFY2024$20,593
Blinn CollegeFY2024$6,873
Cypress Fairbanks Independent School DistrictFY2023$39,585
Cypress Fairbanks Independent School DistrictFY2022$68,096
Cypress Fairbanks Independent School DistrictFY2021$91,079

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$3.5M
Ln 12
Gifts and grantsLn 1h$1.4M
Fees for servicesLn 2g$1.2M
Other incomeLn 4–11$885K
Money outPt IX
$2.6M
Ln 25
Programscol B$2.3M
Managementcol C$142K
Fundraisingcol D$73K
Owns and owesPt X
$2.0M
net assets · Ln 32
Cash and savingsLn 1–2$1.7M
Total assetsLn 16$2.7M
LiabilitiesLn 26$687K
PeoplePt VI, VII
36
listed · VII A
PaidVII A2
Voting boardVI 1a26
IndependentVI 1b25
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.4M
Government grantsLn 1e$310K
Noncash giftsLn 1g$114K
Fundraising eventsLn 1c$20K
Fees for servicesLn 2g$1.2M
Investment incomeLn 3$667
Other incomeLn 4–11$885K
Gains on assetsLn 7$0
Total revenueLn 12$3.5M
Assets in detailPt X, end of year
CashLn 1$1.7M
SavingsLn 2$0
Cash and savings togetherLn 1–2$1.7M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$924K
Other assetsLn 15$0
Total assetsLn 16$2.7M
LiabilitiesLn 26$687K
Net assetsLn 32$2.0M
OperationsPt I, VI
EmployeesI 579
VolunteersI 6518
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$912K$1.7M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$923K$924K
Total assetsLn 16$1.9M$2.7M
LiabilitiesLn 26$820K$687K
Net assetsLn 32$1.1M$2.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$58K$58K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.4M$1.3M$82K$46K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$93K$84K$8K$358
Payroll taxesLn 10$108K$98K$6K$4K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$18K$18K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$104K$85K$7K$11K
Advertising and promotionLn 12$20K$19K$298$471
Office expensesLn 13$34K$28K$4K$2K
Information technologyLn 14$30K$22K$8K$623
RoyaltiesLn 15$0
OccupancyLn 16$309K$305K$2K$2K
TravelLn 17$4K$4K$49
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$2K$1K$850$160
InterestLn 20$8K$7K$472$472
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$31K$30K$554$273
InsuranceLn 23$37K$34K$3K$417
Other expenses (24a–d)Ln 24$279K$273K$385$6K
All other expensesLn 24e$0
Total functional expensesLn 25$2.6M$2.3M$142K$73K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $8.0M$5.5M$2.5M$7.6M 990 PDF
FY2023 $5.9M$4.6M$1.3M$5.0M 990 PDF
FY2022 $4.2M$3.4M$838K$3.6M 990 PDF
FY2021 $3.6M$2.9M$782K$2.8M 990 PDF
FY2020 Viewing $3.5M$2.6M$921K$2.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $3,480,942 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $714,214$1,417,070
I-9 Program service revenuePrior year $1,070,507$1,178,182
I-10 Investment incomePrior year $1,768$667
I-11 Other revenuePrior year $933,398$885,023
I-12 Total revenuePrior year $2,719,887$3,480,942
I-13 Grants and similar amounts paidPrior year $186,780$58,070
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,527,895$1,624,443
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $835,126$877,053
I-18 Total expensesPrior year $2,549,801$2,559,566
I-19 Revenue less expensesPrior year $170,086$921,376
Part VI · Governance 25 of 26 board members independent, 3 to look at
VI-1a Voting members of the governing body26
VI-1b Independent voting members25
VI-2 Family or business relationship among officers or directorsYes
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $3,480,942 across 12 lines filed
Lines not itemized here account for $1,006,648 of total revenue; see the IRS return.
VIII-1c Fundraising events$20,155
VIII-1e Government grants$309,800
VIII-1f All other contributions, gifts and grants$1,087,115
VIII-1g Noncash contributions (included above)$113,682
VIII-1h Total contributions, gifts and grants$1,417,070
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,178,182$1,178,182
VIII-3 Investment incomeRelated to mission $667$667
VIII-5 Royalties$0
VIII-6 Net rental income or lossUnrelated business −$113,615−$113,615
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising eventsExcluded from tax −$8,010−$8,010
VIII-12 Total revenueRelated to mission $1,178,849 · Unrelated business −$113,615 · Excluded from tax $998,638$3,480,942
Part IX · Statement of functional expenses $2,559,566 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $58,070$58,070
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $1,294,966 · Management $82,378 · Fundraising $46,270$1,423,614
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $84,441 · Management $8,244 · Fundraising $358$93,043
IX-10 Payroll taxesPrograms $97,937 · Management $6,310 · Fundraising $3,539$107,786
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $18,500$18,500
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $84,906 · Management $7,436 · Fundraising $11,434$103,776
IX-12 Advertising and promotionPrograms $18,873 · Management $298 · Fundraising $471$19,642
IX-13 Office expensesPrograms $28,205 · Management $4,180 · Fundraising $1,721$34,106
IX-14 Information technologyPrograms $21,682 · Management $8,122 · Fundraising $623$30,427
IX-15 Royalties$0
IX-16 OccupancyPrograms $305,249 · Management $1,846 · Fundraising $1,714$308,809
IX-17 TravelPrograms $4,146 · Management $49$4,195
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $1,279 · Management $850 · Fundraising $160$2,289
IX-20 InterestPrograms $7,316 · Management $472 · Fundraising $472$8,260
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $30,030 · Management $554 · Fundraising $273$30,857
IX-23 InsurancePrograms $33,953 · Management $2,555 · Fundraising $417$36,925
IX-24 Other expenses (24a–d)Programs $273,341 · Management $385 · Fundraising $5,541$279,267
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $2,344,394 · Management $142,179 · Fundraising $72,993$2,559,566
Part X · Balance sheet $2,723,172 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $911,530$1,693,805
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $10,151$3,018
X-8 Inventories for sale or useStart of year $12,980$0
X-9 Prepaid expenses and deferred chargesStart of year $81,381$102,154
X-10c Land, buildings and equipment, netStart of year $923,408$924,195
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $2$0
X-16 Total assetsStart of year $1,939,452$2,723,172
X-17 Accounts payable and accrued expensesStart of year $210,471$102,747
X-24 Unsecured notes and loans payableStart of year $609,825$573,843
X-25 Other liabilities$10,184
X-26 Total liabilitiesStart of year $820,296$686,774
X-27 Net assets without donor restrictionsStart of year $1,103,572$1,939,121
X-28 Net assets with donor restrictionsStart of year $15,584$97,277
X-32 Total net assets or fund balancesStart of year $1,119,156$2,036,398
X-33 Total liabilities and net assetsStart of year $1,939,452$2,723,172
Part XI · Reconciliation of net assets $2,036,398 net assets at year end
XI-1 Total revenue$3,480,942
XI-2 Total expenses$2,559,566
XI-3 Revenue less expenses$921,376
XI-4 Net assets at start of year$1,119,156
XI-6 Donated services and use of facilities−$4,134
XI-10 Net assets at end of year$2,036,398

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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