Crossroads Campus
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$2,094,648.00
Projected Expenses
$2,247,382.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| Crossroads Campus Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $5,294,829.00 | $3,543,948.00 | $2,429,885.00 |
| Total Expenses | $3,815,493.00 | $1,322,329.00 | $1,349,559.00 |
| Revenue Less Expenses | $1,479,336.00 | $2,221,619.00 | $1,080,326.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $2,517,291.00 | $298,425.00 | $5,000.00 |
| Contributions, Gifts, and Grants | $1,900,938.00 | $2,494,609.00 | $1,598,359.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $500,873.00 | $429,973.00 | $334,815.00 |
| Investment Income, Net of Losses | $4,804.00 | $4,142.00 | $1,618.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $300,844.00 | $259,520.00 | $223,325.00 |
| Revenue In-Kind | $70,079.00 | $57,279.00 | $43,827.00 |
| Other | $0.00 | $0.00 | $222,941.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $1,096,066.00 | $1,031,538.00 | $919,039.00 |
| Administration Expense | $202,441.00 | $169,236.00 | $334,325.00 |
| Fundraising Expense | $180,829.00 | $121,555.00 | $96,195.00 |
| Total Revenue/Total Expenses | 358% | 268% | 180% |
| Program Expense/Total Expenses | 74% | 78% | 68% |
| Fundraising Expense/Contributed Revenue | 12% | 9% | 7% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Government Grants $2,517,291.00 | Contributions, Gifts, Grants $2,494,609.00 | Contributions, Gifts, and Grants $1,598,359.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $1,900,938.00 | Program Revenue $429,973.00 | Program Revenue $334,815.00 |
| Third Highest Funding Source & Dollar Amount | Program Revenue $500,873.00 | Government Grants $298,425.00 | Fundraising Events $223,325.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $13,656,383.00 | $7,107,301.00 | $4,981,169.00 |
| Current Assets | $3,514,364.00 | $3,822,870.00 | $1,895,051.00 |
| Long-Term Liabilities | $233,399.00 | $1,195,436.00 | $1,205,177.00 |
| Current Liabilities | $4,303,144.00 | $606,024.00 | $691,770.00 |
| Total Net Assets | $9,119,840.00 | $5,305,841.00 | $3,084,222.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
Yes
What is the campaign goal?
$11,100,000.00
What is the purpose of the capital campaign?
We are currently developing a property at Buchanan St. and 16th Ave. North that we purchased in January 2019. The project will significantly increase the number of young adults for whom we can provide affordable housing, job-training, employment and comprehensive support services. It will also allow us to expand our animal adoptions and humane education programs. Capital funding will support the creation of 22 units of affordable housing, program space, and commercial space which we will use for our social enterprise businesses.
Campaign Start
November 2016
Campaign End
December 2023
Campaign Raised to Date Month
July
Campaign Raised to Date Year
2023
Campaign Raised to Date Amount
$10,300,000.00
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
CEO/Executive Director/Board Comments
Foundation Staff Comments
| Financial data taken from organization's Form 990. Form 990 was prepared by Puryear & Noonan, CPAs. Comments provided by Hayley Sulfridge 8/14/23. |
