AI Transparency Report
Crossroads Ministries Incorporated appears to be a very small organization with fluctuating financial activity. In 2022, the organization reported revenue of $2,997 against expenses of $8,355, indicating a deficit for the year. This continues a trend of expenses exceeding revenue in several recent years, such as 2019, 2017, and 2016. The organization's assets are modest, standing at $16,180 in 2022, with no reported liabilities, which is a positive indicator of financial stability in terms of debt.
The spending efficiency is difficult to fully assess without a detailed breakdown of expenses, which is not provided in the summary data. However, the consistent reporting of zero officer compensation across all available filings suggests that the organization is likely volunteer-run or has very low administrative overhead related to executive salaries. This can be a sign of efficiency, as resources are not being diverted to high executive pay. The significant drop in revenue from $14,579 in 2021 to $2,997 in 2022 warrants further investigation to understand the cause and its impact on program delivery.
Transparency is generally good given the consistent filing of IRS Form 990s over 14 periods, demonstrating compliance with reporting requirements. The absence of officer compensation is a transparent detail that speaks to the organization's operational model. However, the lack of detailed expense categories (program, admin, fundraising) in the provided data limits a deeper analysis of how funds are allocated, which is a common challenge with smaller organizations that may file simpler forms.