Crossroads Ministry Incorporated
- Assets
- $215.8k
- Revenue
- $133.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Oak Ridge, TN
- Founding
- 01/2006
- Data as of
- 12/2022
- EIN
- 20-2433089
Organization Overview
Crossroads Ministry Incorporated, operating under the name Crossroads Center of Hope, is located in Oak Ridge, TN. The organization was established in 2006. According to its NTEE Classification (P42) the organization is classified as: Single Parent Agencies, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crossroads Center of Hope is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Crossroads Center of Hope generated $133.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $106.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CROSSROADS MISSION IS TO PROVIDE LONG-TERM SUPPORTIVE TRANSITIONAL HOUSING MENTORING NUTRITION BUSINESS AND LIFE-SKILL TRAINING TO AT-RISK SINGLE MOTHERS AND THEIR YOUNG CHILDREN ESCAPING DOMESTIC VIOLENCE BUT NOT NEEDING SECRET HOUSING AT THEIR FACILITY CROSSROADS CENTER OF HOPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RENOVATION: ALMOST ALL WORK ON BUILDING 1 HOUSEMOTHER'S RESIDENCE MEETING ROOM OFFICE CLASSROOM WAS COMPLETED BY THE END OF THE YEAR. ALL OF THE INSIDE WORK FOR WINDOWS AND DOORS PLUMBING FOR BOTH BATHROOMS AND KITCHEN COMPLETED INSULATION AND WALLBOARD NEW ELECTRICAL POLES AND LINES FROM OUTSIDE AREA TO HOUSE INSTALLED BY CLINTON UTILITY BOARD AND ASPHALT REMOVAL SO THE GAS LINE COLD BE RUN.
THE GRANT WAS FOR PURCHASING COMPUTERS AND SPECIAL PROGRAMS THAT WILL ENABLE US TO TRACK THE PROGRESS OF OUR MOTHER'S AND CHILDREN. THE EXPENSE WAS FOR PUTTING TOGETHER CLASSES THAT OUR MOMS WILL BE USING IF NEEDED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Grooms Board President | Officer | 1 | $0 |
Jean Norris Board Treasurer | Officer | 1 | $0 |
Brenda Lee Longmire Board Secretary | Officer | 1 | $0 |
Karen Kirby Board Member | Trustee | 1 | $0 |
Tammy Hannon Board Member | Trustee | 1 | $0 |
Denee Foisy Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $58,436 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $76,796 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,232 |
| Total Program Service Revenue | $0 |
| Investment income | $184 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,464 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $132,952 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $516 |
| Office expenses | $6,086 |
| Information technology | $433 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,603 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,856 |
| All other expenses | $50 |
| Total functional expenses | $106,346 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $59,337 |
| Pledges and grants receivable | $6,566 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,097 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $139,830 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $215,830 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $22,655 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $22,655 |
| Net assets without donor restrictions | $193,175 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $215,830 |