Crosswave
- Assets
- $176.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cary, NC
- Founding
- 03/2011
- Data as of
- 12/2022
- EIN
- 27-4446432
Organization Overview
Crosswave is located in Cary, NC. The organization was established in 2011. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crosswave 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, Crosswave generated $81.4k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $32.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (19.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Mclaurin Director | 35 | $0 | |
William King Spiritual Director | 20 | $0 | |
Julie King Program Director | 10 | $0 | |
Carla Dennis Family Life Director | 10 | $0 | |
Cindy Sencenich Administrator | 10 | $0 | |
Christina Guy Co-Family Life Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,486 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $48,894 |
| Other Revenue | $0 |
| Total Revenue | $81,380 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $477 |
| Other expenses | $32,094 |
| Total expenses | $32,571 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $176,256 |
| Other assets | $0 |
| Total assets | $176,456 |
| Total liabilities | $0 |
| Net assets or fund balances | $176,456 |