Cross Street Training & Academic Center Inc
Cross Street Training & Academic Center Inc experiences rapid financial growth with no reported officer compensation and zero liabilities.
EIN: 203073111 · Middletown, CT · NTEE: B90 · Updated: 2026-03-28
Is Cross Street Training & Academic Center Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cross Street Training & Academic Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cross Street Training & Academic Center Inc
Cross Street Training & Academic Center Inc (EIN: 203073111) is a nonprofit organization based in Middletown, CT, classified under NTEE code B90. The organization reported total revenue of $976K and total assets of $458K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cross Street Training & Academic Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cross Street Training & Academic Center Inc is a small nonprofit that has been operating for 2 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 67.0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $121K |
| Total Expenses | $105K |
| Surplus / Deficit | +$16K |
| Total Assets | $19K |
| Net Assets | $19K |
| Operating Margin | 13.2% |
| Months of Reserves | 2.1 months |
Financial Health Grade: A
In 2019, Cross Street Training & Academic Center Inc reported a surplus of $16K with revenue exceeding expenses, holds 2.1 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2011–2019), Cross Street Training & Academic Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 67.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +192.2% | +152.5% | +584.5% |
| 2018 | -15.8% | -14.0% | -6.6% |
| 2017 | +64.0% | +59.7% | +39.9% |
| 2016 | +392.4% | +452.1% | -12.0% |
| 2015 | +150.4% | +155.2% | +34.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cross Street Training & Academic Center Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Cross Street Training & Academic Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation has been reported across all nine available IRS 990 filings, indicating a volunteer-led executive structure, which is highly efficient for an organization of its size and growth trajectory.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Cross Street Training & Academic Center Inc:
- Rapid and substantial financial growth, with latest revenue at $976,058.
- Zero reported liabilities across all nine filings, indicating strong financial stability.
- No reported officer compensation, suggesting high efficiency and volunteer leadership.
- Significant increase in assets to $457,754, enhancing long-term capacity.
Frequently Asked Questions about Cross Street Training & Academic Center Inc
Is Cross Street Training & Academic Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cross Street Training & Academic Center Inc (EIN: 203073111) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Cross Street Training & Academic Center Inc spend its money?
Cross Street Training & Academic Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cross Street Training & Academic Center Inc tax-deductible?
Cross Street Training & Academic Center Inc is registered as a tax-exempt nonprofit (EIN: 203073111). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Cross Street Training & Academic Center Inc a good charity?
Based on the available data, Cross Street Training & Academic Center Inc appears to be a good charity. It has shown significant financial growth, maintains zero liabilities, and reports no officer compensation, suggesting a strong commitment to program delivery and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has dramatically improved. Revenue surged from $1,995 in 2011 to $976,058 in the latest period, and assets grew from $802 to $457,754, indicating robust growth and increased capacity.
What is the organization's approach to executive compensation?
Cross Street Training & Academic Center Inc has consistently reported 0% officer compensation across all nine filings, suggesting a volunteer-based leadership model.
Filing History
IRS 990 filing history for Cross Street Training & Academic Center Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Cross Street Training & Academic Center Inc's revenue has grown by 5948.8%, moving from $2K to $121K. Total assets increased by 2225.7% over the same period, from $802 to $19K. Total functional expenses rose by 4032%, from $3K to $105K. In its most recent filing year (2019), Cross Street Training & Academic Center Inc reported a surplus of $16K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $121K | $105K | $19K | $0 | — | View 990 |
| 2018 | $41K | $41K | $3K | $0 | — | View 990 |
| 2017 | $49K | $48K | $3K | $0 | — | View 990 |
| 2016 | $30K | $30K | $2K | $0 | — | View 990 |
| 2015 | $6K | $5K | $2K | $0 | — | View 990 |
| 2014 | $2K | $2K | $2K | $0 | — | View 990 |
| 2013 | $2K | $1K | $1K | $0 | — | View 990 |
| 2012 | $2K | $2K | $1K | $0 | — | View 990 |
| 2011 | $2K | $3K | $802 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $121K, expenses of $105K, and assets of $19K (revenue +192.2% year-over-year).
- 2018: Revenue of $41K, expenses of $41K, and assets of $3K (revenue -15.8% year-over-year).
- 2017: Revenue of $49K, expenses of $48K, and assets of $3K (revenue +64.0% year-over-year).
- 2016: Revenue of $30K, expenses of $30K, and assets of $2K (revenue +392.4% year-over-year).
- 2015: Revenue of $6K, expenses of $5K, and assets of $2K (revenue +150.4% year-over-year).
- 2014: Revenue of $2K, expenses of $2K, and assets of $2K (revenue +29.2% year-over-year).
- 2013: Revenue of $2K, expenses of $1K, and assets of $1K (revenue -4.2% year-over-year).
- 2012: Revenue of $2K, expenses of $2K, and assets of $1K (revenue -1.8% year-over-year).
- 2011: Revenue of $2K, expenses of $3K, and assets of $802.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cross Street Training & Academic Center Inc:
Data Sources and Methodology
This transparency report for Cross Street Training & Academic Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.