Way Of The Cross
- Assets
- $269.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gadsden, AL
- Founding
- 11/2002
- Data as of
- 12/2022
- EIN
- 63-1284175
Organization Overview
Way Of The Cross is located in Gadsden, AL. The organization was established in 2002. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, 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. Way Of The Cross 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, Way Of The Cross generated $128.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $107.9k during the year ending 12/2022. While expenses have increased by 0.1% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION OPERATES AS A SOUP KITCHEN FOR THE NEEDY. DURING THE 2021 YEAR, THE ORGANIZATION SERVED OVER 45,600 MEALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Wilcutt Director | 1 | $0 | |
Jeremy Ward Director | 1 | $0 | |
Pam Clough Director | 1 | $0 | |
Wendell Oden Secretary | 1 | $0 | |
Bryan Higgins Director | 1 | $0 | |
Mark Thompson President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,521 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $971 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $128,492 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,200 |
| Professional fees and other payments to independent contractors | $11,925 |
| Occupancy, rent, utilities, and maintenance | $26,281 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,462 |
| Total expenses | $107,868 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,282 |
| Other assets | $0 |
| Total assets | $269,835 |
| Total liabilities | $0 |
| Net assets or fund balances | $269,835 |