CYPRESS TREE APARTMENTS INC

EIN: 770152718 501(c)(3)

SANTA BARBARA, CA

Total Revenue
$319,480
Total Expenses
$355,668
Total Assets
$1,731,387
Net Assets
$-538,014
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
CA
Phone
8059639644
Tax Period
2021-01-01 to 2021-12-31

CYPRESS TREE APARTMENTS INC, founded in 1987, is a small nonprofit that reported $319K in total revenue in fiscal year 2021. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $356K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE HOUSING TO LOW INCOME INDIVIDUALS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $300,804
Investment Income $2,809
Other Revenue $15,867
TOTAL REVENUE $319,480

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,067
Fundraising Expenses $0
Program Expenses $344,783
Other Expenses $344,601
TOTAL EXPENSES $355,668

Year-over-Year Comparison

2021 2020 Change
Revenue $319,480 $528,967 -0.4%
Expenses $355,668 $337,242 +0.1%
Net Income $-36,188 $191,725 -1.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
2
Independent Members
2
Employees
1
Volunteers
N/A

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
0
$0
Total Directors
2
$138,974
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CYNTHIA YOUNG Director 1.00
Director
$0 $0 $138,974
EMMET HAWKES Director 1.00
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
2021 $319,480 $355,668 $1,731,387 $-36,188
2020 $528,967 $337,242 $1,687,066 $191,725
2019 $286,879 $409,872 $1,686,154 $-122,993
2018 $289,047 $331,887 $1,628,469 $-42,840
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CYPRESS TREE APARTMENTS INC with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.