Crosswave
- Assets
- $127.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cary, NC
- Founding
- 03/2011
- Data as of
- 12/2021
- 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 12/2021, Crosswave generated $33.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $33.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 7 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 | |
Christina Guy Co-Family Life Director | 10 | $0 | |
Dale Littler Family Support | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,335 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,730 |
| Other Revenue | $225 |
| Total Revenue | $33,290 |
| 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 | $544 |
| Other expenses | $32,488 |
| Total expenses | $33,032 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $127,447 |
| Other assets | $0 |
| Total assets | $127,647 |
| Total liabilities | $0 |
| Net assets or fund balances | $127,647 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Crosswave has recieved totaling $215.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $215 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Board Of Jewish Missions Inc Hixson, TN | $2,718,251 | $3,563,282 |
Inter-Faith Council For Social Service Carrboro, NC | $15,899,972 | $3,883,430 |
Freedom In Christ Inc Candler, NC | $5,188,211 | $4,960,348 |
Faith In Serving Humanity Inc Monroe, GA | $1,805,555 | $2,585,390 |
Fundamental Baptist World-Wide Mission Inc Memphis, TN | $211,852 | $2,147,963 |
Wilson County Interfaith Services Inc Wilson, NC | $1,151,971 | $1,372,066 |
Haiti180 Inc Gallatin, TN | $2,661,386 | $1,891,178 |
Irf Secretariat Arlington, VA | $57,504 | $973,336 |
Great Lakes Outreach Inc Charleston, SC | $542,547 | $839,976 |
No Greater Joy Ministries Inc Pleasantville, TN | $1,223,754 | $1,283,810 |
Virginia Interfaith Center For Public Policy Richmond, VA | $1,414,922 | $1,134,889 |
Missionary Air Group Inc Burlington, NC | $573,689 | $787,575 |