Cy-hope Inc

Nonprofit profile at a glance

EIN
452346150
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Cypress, TX, USA
Phone
7134664673
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$8,024,300
Expenses
$5,480,981
Assets
$12,696,514
Liabilities
$5,119,554

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

35 people listed

Executive titles in this filing

  • LYNDA DIERKER (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JASPER GATES (LICENSED PROFESSIONAL COUNSELOR): $148,300 total reported compensation
  • COURTNEY SUDDATH (CLINICAL DIRECTOR): $143,745 total reported compensation
  • LANNIE COX (LICENSED PROFESSIONAL COUNSELOR): $138,880 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To make life better for kids. Our vision is to mobilize entire communitites to provide opportunities for vulnerable children to overcome barriers to success; today's kids become tomorrow's leaders. Instill hope in underserved children, (continued on schedule o) nurturing their potential to become educated and empowered individuals who contribute positively to their community, fostering lasting life transformations. We bring needs and solutions together and support and encourage students, teachers and school administrations to be the best they can be.

What it reported doing in 2024

Hope centers - cy-hope, inc. Currently operates 4 hope centers located in longhorn, windfern, willow green, and waller, in addition to a mobile hope center (mobile stem bus). The centersprovide homework help, life skills classes, art/crafts, storytelling, tutoring and day camps to approximately 191 children. Through camp lemonade, cy-hope is also able to provide an enriching summer camp experience for underserved youth. Camp lemonade is a christian based 5 day, 4 night camp at stone creek ranch in new ulm, Texas. Also offered are adult bible studies, citizenship classes, and esl classes to approximately 25 adults. $4,503 of in-kind contributions were received in 2024 for the use of facilities.dierker's champs - a program for children to receive baseball instruction utilizing transformational coaching within cy-fair sports association. 207 kids played at all levels.in school support - cy-hope, inc. Is committed to partnering with schools and offering ministry of sustenance, mentoring, tutoring, volunteers and empowerment for long-term self-sufficiency.pop scholarship (providing opportunities program) - through our providing opportunities program (pop), cy-hope helps cover fees for underserved students taking college credit courses in middle and high school or pursuing vocational certifications through career and technology education (cte) classes.devine virtuosos program - cy-hope, inc. Established an ongoing collaborative working relationship with cfisd curriculum leaders to support students in the area of fine arts by identifying teachers' classroom needs, especially at campuses with higher rates of low income students.

Operating model

Revenue model
Donor-supported. 71% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 98% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 74
  • Accountability: 95
  • Sustainability: 65
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.7%; rating input score 83
  • Program expense ratio: 90.3%; rating input score 90
  • Fundraising efficiency: $22.62 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.4%; rating input score 94; 24th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 33.4%; rating input score 33; 13th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 31.7%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 2.32; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.4; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 12%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: 15.8% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 18.8% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 29.4% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 82.7% of revenue deployed · 90.3% of spending went to programs
  • Governance: 25 of 25 board members independent · 7 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $4.9M in reported program spending
  • Leadership: top reported pay $148K · 35 people listed
  • Consistency: 35 of 36 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Transparency & Controls: Grant itemization coverage scored 33/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.