THE CYPRESS EMPLOYEE APPRECIATION FUND

EIN: 263869658

RALEIGH, NC

Total Revenue
$362,475
Total Expenses
$359,210
Total Assets
$10,747
Net Assets
$9,292
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NC
Principal Officer
ROBERT FRIERSON
Phone
9198709007
Tax Period
2025-01-01 to 2025-12-31

THE CYPRESS EMPLOYEE APPRECIATION FUND, founded in 2008, is a small nonprofit that reported $362K in total revenue in fiscal year 2025.

Mission

TO RAISE FUNDS FOR AND COORDINATE DISTRIBUTION OF GIFTS TO EMPLOYEES OF THE CYPRESS OF RALEIGH CLUB, INC.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $359,751
Investment Income $2,724
Other Revenue $0
TOTAL REVENUE $362,475

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $357,171
Other Expenses $359,210
TOTAL EXPENSES $359,210

Year-over-Year Comparison

2025 2024 Change
Revenue $362,475 $355,348 +0.0%
Expenses $359,210 $356,614 +0.0%
Net Income $3,265 $-1,266 -3.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT FRIERSON CHAIR 0.50
Officer Director
$0 $0 $0
ROBERT WIMMER MEMBER 0.50
Officer Director
$0 $0 $0
RICHARD MYERS MEMBER 0.50
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $362,475 $359,210 $10,747 $3,265
2024 $355,348 $356,614 $7,482 $-1,266
2023 $328,950 $334,159 $8,749 $-5,209
2022 $325,561 $321,928 $13,958 $3,633
2021 $258,085 $259,202 $10,325 $-1,117
2020 $212,262 $206,191 $11,442 $6,071
2019 $204,663 $206,112 $5,370 $-1,449
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