Crossroads Foundation
- Assets
- $4.7m
- Revenue
- $842.9k
- Investments
- $4.4m
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 11/1995
- Data as of
- 12/2022
- EIN
- 34-1811495
Organization Overview
Crossroads Foundation is located in Cleveland, OH. The organization was established in 1995. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crossroads Foundation 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 Foundation generated $842.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $902.8k during the year ending 12/2022. While expenses have increased by 6.9% per year over the past 8 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.
Since 2020, Crossroads Foundation has awarded 93 individual grants totaling $3,648,293. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dudley S Blossom President | 1 | $0 | |
Kathryn F Blossom Vice-Pres. | 0.1 | $0 | |
Daniel L Horn Secretary | 0.6 | $7,519 | |
Richard Tanner Trustee | 0.6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $148,157 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $694,739 |
| Capital Gain Net Income | $694,739 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $842,896 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,519 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,293 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $311 |
| Total operating and administrative expenses | $98,504 |
| Contributions, gifts, grants paid | $804,290 |
| Total expenses and disbursements | $902,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,196 |
| Savings and temporary cash investments | $251,437 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,058 |
| Total assets | $4,712,680 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Crossroads Foundation has awarded $1,354,290 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN YOUTH SOCCER ORGANIZATION PURPOSE: NEW HIGH SCHOOL | $5,000 |
ALPHA USA PURPOSE: GENERAL SUPPORT | $10,000 |
ASSEMBLIES OF GOD WORLD MISSIONS PURPOSE: SUPPORT MISSIONARY MINISTRY OF BOB STETZ AND HIS FAMILY IN SWITZERLAND | $3,000 |
BOYS AND GIRLS CLUB OF BRATTLEBORO PURPOSE: SUPPORT FOR SOUTHERN VERMONT DISTRICT | $2,500 |
CLEVELAND LUTHERAN HIGH SCHOOL ASSOCIATION PURPOSE: WORLD VISION IGNITE PARTNERSHIP | $17,500 |
FALCON CHILDRENS HOME AND FAMILY SERVICES PURPOSE: GENERAL SUPPORT | $8,383 |