Crossroads Ministry Incorporated
- Assets
- $198.3k
- Revenue
- $114.5k
- Investments
- $14.3k
- Employees
- 0
- Location
- Oak Ridge, TN
- Founding
- 01/2006
- Data as of
- 12/2021
- 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 12/2021, Crossroads Center of Hope generated $114.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $75.0k during the year ending 12/2021. While expenses have increased by 23.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CROSSROADS MISSION IS TO PROVIDE LONG-TERM TRANSITIONAL HOUSING MENTORING BUSINESS AND LIFE-SKILL TRAINING TO AT-RISK SINGLE MOTHERS AND THEIR YOUNG CHILDREN AT THEIR FACILITY CROSSROADS CENTER OF HOPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRE-RENOVATION: COMPLETING THE OUTSIDE OF THE HOUSE AND FRONT APARTMENT BUILDING ENABLED THE CONTRACTORS TO BEGIN WORKING ON THE INSIDE OF THE BUILDINGS. STONEWORK WAS COMPLETED FOR THE FIREPLACE CHIMNEY AND FRONT STEPS FOR THE HOUSE. ALL OF THE DOORS AND WINDOWS FOR BOTH BUILDINGS WERE INSTALLED AND INSIDE FRAMING WAS COMPLETED READYING THEM FOR RESTORATION IN 2022. THESE EXPENSE ALSO INCLUDE THE MONTHLY COSTS FOR ELECTRICITY WATER UPKEEP AND MISC. COSTS INCURRED DURING THE RENOVATION. THE GRANT WE RECEIVED IN 2021 WAS NOT SPENT THEREFORE IT IS NOT INCLUDED AS AN EXPENSE IT IS INCLUDED IN OUR REVENUE. IT WILL BE USED IN 2022.
NURTURING SKILLS FOR FAMILIES PARENTING CLASS: ONLY TWO CLASSES WERE HELD IN 2021 BECAUSE OF WORK BEING DONE ON THE BUILDINGS AND IT WAS NOT CONDUCIVE TO HAVING CLASSES ANY LONGER. THE REVENUE WAS FOR WORKBOOKS SO THE PARENTS COULD KEEP THEM FOR FUTURE REFERENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cora Rhew Executive Director | OfficerTrustee | 0 | $0 |
Jean Norris Board Treasurer | Officer | 1 | $0 |
Pat Thompson Cch Program Director | Officer | 0 | $0 |
Jessica Grooms Board President | Officer | 1 | $0 |
Brenda Lee Longmire Board Secretary | Officer | 1 | $0 |
Tammy Hannon Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $35,055 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $80,593 |
| Noncash contributions included in lines 1a–1f | $14,287 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,648 |
| Total Program Service Revenue | $55 |
| Investment income | $12 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $299 |
| Net Income from Fundraising Events | -$1,487 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $114,527 |
| 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 | $466 |
| Office expenses | $6,270 |
| Information technology | $324 |
| 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 | $1,849 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,601 |
| All other expenses | $140 |
| Total functional expenses | $75,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $27,710 |
| Pledges and grants receivable | $20,000 |
| 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 | $126,214 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $14,287 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $198,308 |
| 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 | $31,739 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $31,739 |
| Net assets without donor restrictions | $166,569 |
| 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 | $198,308 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Crossroads Ministry Incorporated has recieved totaling $10,334.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $10,300 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $34 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Single Parents Alliance & Resource Center Inc Norcross, GA | $372,477 | $1,727,548 |
Restoration House Of East Tennessee Knoxville, TN | $5,967,855 | $1,042,341 |
Havenwood Inc Bentonville, AR | $452,328 | $985,066 |
Infinite Possibilities Inc Henderson, NC | $375,850 | $366,226 |
2not1 Fatherhood & Families Louisville, KY | $130,335 | $251,342 |
Options For Women Of Pike County Bowling Green, MO | $270,007 | $224,199 |
Life Choice Inc Russellville, KY | $578,133 | $341,095 |
Free Womens Center Of Pulaski County Waynesville, MO | $558,015 | $225,235 |
Carried To Full Term Haymarket, VA | $270,734 | $163,651 |
Crossroads Ministry Incorporated Oak Ridge, TN | $198,308 | $114,527 |
Tallassee Lifechoice Pregnancy Center Inc Tallassee, AL | $88,947 | $0 |
Fresh Start Pregnancy Resource Center Inc Mena, AR | $51,915 | $0 |