Crossed Bridges
- Assets
- $48.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Frederick, MD
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 83-2589088
Organization Overview
Crossed Bridges is located in Frederick, MD. The organization was established in 2019. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crossed Bridges 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, Crossed Bridges generated $113.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $125.1k during the year ending 12/2021. 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 |
|---|---|---|---|
Jonathan Switzer President | 40 | $72,192 | |
Carol Switzer Secretary | 20 | $10,000 | |
David Bugher Treasurer | 1 | $0 | |
Jasmine Sneed Board Member | 1 | $0 | |
Christopher Moody Board Member | 1.5 | $0 | |
Scott Ryser Board Member | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,866 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $113,866 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $88,480 |
| Professional fees and other payments to independent contractors | $4,983 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,657 |
| Total expenses | $125,120 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,942 |
| Other assets | $0 |
| Total assets | $48,401 |
| Total liabilities | $6,714 |
| Net assets or fund balances | $41,687 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Crossed Bridges has recieved totaling $21,250.
| Awarding Organization | Amount |
|---|---|
Delaplaine Foundation Inc Frederick, MD PURPOSE: UNRESTRICTED GRANT | $16,000 |
G Frank Thomas Foundation Inc Frederick, MD PURPOSE: GENERAL SUPPORT | $4,250 |
William E Cross Foundation Inc Frederick, MD PURPOSE: FOR PROGRAM SERVICES | $1,000 |
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