Is Crosscurrents Foundation Inc Legit?

Quick charity verification for Crosscurrents Foundation Inc (EIN: 205557338)

Verdict: Crosscurrents Foundation Inc appears trustworthy

75/100Mission Score

$509KRevenue

$22KAssets

3Red Flags

3Strengths

Red Flags

Significant decline in assets from $796,294 in 2012 to $21,794 currently, indicating potential financial instability.
Expenses frequently exceeding revenue in recent fiscal periods (e.g., 2023, 2021, 2020), leading to a draw-down of reserves.
Low current asset base ($21,794) relative to annual expenses (e.g., $269,571 in 2023), suggesting limited operating reserves.

Strengths

Consistent reporting of 0% officer compensation across all filings, demonstrating a strong commitment to minimizing administrative overhead.
Regular and consistent IRS 990 filing history (10 filings), indicating good transparency practices.
Relatively stable expense levels over the past decade, suggesting consistent program delivery capacity.

Spending Breakdown

How Crosscurrents Foundation Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Crosscurrents Foundation Inc

Is Crosscurrents Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Crosscurrents Foundation Inc (EIN: 205557338) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is Crosscurrents Foundation Inc a good charity to donate to?

Crosscurrents Foundation Inc has a Mission Score of 75/100. Revenue: $509K. Assets: $22K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Crosscurrents Foundation Inc?

The Employer Identification Number (EIN) for Crosscurrents Foundation Inc is 205557338. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Crosscurrents Foundation Inc spend its money?

Crosscurrents Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Crosscurrents Foundation Inc's tax-exempt status?

You can verify Crosscurrents Foundation Inc's tax-exempt status using EIN 205557338 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Crosscurrents Foundation Inc. demonstrates a consistent operational pattern, with revenues and expenses generally in the range of $500,000 to $600,000 in recent years, though there have been significant fluctuations in earlier periods, such as $1,003,877 in revenue in 2014 and $1,019,844 in 2012. The organization has shown a trend of declining assets, from a high of $796,294 in 2012 to $21,794 currently, and $77,451 in 2023. This suggests a potential draw-down of reserves or a shift in financial strategy. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to minimizing administrative overhead in this area, which is a positive sign for donor confidence and efficiency.

While the organization's revenue has been somewhat volatile, its expenses have remained relatively stable over the past decade, typically exceeding revenue in several recent periods (e.g., 2023, 2022, 2021, 2020), leading to a reduction in assets. The current asset level of $21,794 against recent annual expenses of over $260,000 (2023) suggests limited financial reserves. The lack of reported officer compensation is a significant strength in terms of transparency and efficiency, as it implies that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is unusual for an organization of this size. Further details on program spending versus administrative and fundraising costs would provide a more complete picture of spending efficiency.

Overall, Crosscurrents Foundation Inc. appears to be a lean operation, particularly concerning executive pay. However, the declining asset base and periods of expenses exceeding revenue warrant closer examination to understand the long-term sustainability and funding model. The organization's consistent filing history demonstrates a commitment to transparency through regular reporting, even if the financial health shows some areas for improvement regarding asset management and consistent revenue generation relative to expenses.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.