Cross Works Thrift Store
EIN: 460644422 · Fort Payne, AL · NTEE: X19
Is Cross Works Thrift Store Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cross Works Thrift Store
Cross Works Thrift Store (EIN: 460644422) is a nonprofit organization based in Fort Payne, AL, classified under NTEE code X19. The organization reported total revenue of $738K and total assets of $496K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cross Works Thrift Store's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cross Works Thrift Store is a small nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 22.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $385K |
| Total Expenses | $319K |
| Surplus / Deficit | +$66K |
| Total Assets | $483K |
| Net Assets | $483K |
| Operating Margin | 17.1% |
| Months of Reserves | 18.2 months |
Financial Health Grade: A
In 2023, Cross Works Thrift Store reported a surplus of $66K with revenue exceeding expenses, holds 18.2 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Cross Works Thrift Store's revenue has grown at a compound annual growth rate (CAGR) of 22.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.1% | +0.2% | +15.5% |
| 2022 | +16.7% | +14.2% | +19.4% |
| 2021 | +39.6% | +6.2% | +17.2% |
| 2020 | -11.9% | -7.0% | -8.0% |
| 2019 | +35.3% | +19.3% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cross Works Thrift Store has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cross Works Thrift Store with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $66K, with revenue exceeding expenses.
Frequently Asked Questions about Cross Works Thrift Store
Is Cross Works Thrift Store a legitimate charity?
Based on AI analysis of IRS 990 filings, Cross Works Thrift Store (EIN: 460644422) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cross Works Thrift Store spend its money?
Detailed spending breakdown data is not yet available for Cross Works Thrift Store. Check back for updated IRS 990 analysis.
Are donations to Cross Works Thrift Store tax-deductible?
Cross Works Thrift Store is registered as a tax-exempt nonprofit (EIN: 460644422). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Cross Works Thrift Store showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Cross Works Thrift Store's revenue has grown by 790.8%, moving from $43K to $385K. Total assets increased by 1406.9% over the same period, from $32K to $483K. Total functional expenses rose by 2656.3%, from $12K to $319K. In its most recent filing year (2023), Cross Works Thrift Store reported a surplus of $66K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $385K | $319K | $483K | $0 | — | — |
| 2022 | $386K | $319K | $418K | $910 | — | View 990 |
| 2021 | $331K | $279K | $351K | $0 | — | View 990 |
| 2020 | $237K | $263K | $299K | $0 | — | View 990 |
| 2019 | $269K | $283K | $325K | $0 | — | View 990 |
| 2018 | $199K | $237K | $339K | $0 | — | View 990 |
| 2017 | $392K | $222K | $378K | $1K | — | View 990 |
| 2016 | $300K | $211K | $208K | $1K | — | View 990 |
| 2015 | $240K | $179K | $226K | $3K | — | View 990 |
| 2014 | $205K | $141K | $164K | $2K | — | View 990 |
| 2013 | $127K | $60K | $98K | $0 | — | View 990 |
| 2012 | $43K | $12K | $32K | $414 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $385K, expenses of $319K, and assets of $483K (revenue -0.1% year-over-year).
- 2022: Revenue of $386K, expenses of $319K, and assets of $418K (revenue +16.7% year-over-year).
- 2021: Revenue of $331K, expenses of $279K, and assets of $351K (revenue +39.6% year-over-year).
- 2020: Revenue of $237K, expenses of $263K, and assets of $299K (revenue -11.9% year-over-year).
- 2019: Revenue of $269K, expenses of $283K, and assets of $325K (revenue +35.3% year-over-year).
- 2018: Revenue of $199K, expenses of $237K, and assets of $339K (revenue -49.3% year-over-year).
- 2017: Revenue of $392K, expenses of $222K, and assets of $378K (revenue +30.6% year-over-year).
- 2016: Revenue of $300K, expenses of $211K, and assets of $208K (revenue +25.0% year-over-year).
- 2015: Revenue of $240K, expenses of $179K, and assets of $226K (revenue +16.9% year-over-year).
- 2014: Revenue of $205K, expenses of $141K, and assets of $164K (revenue +62.1% year-over-year).
- 2013: Revenue of $127K, expenses of $60K, and assets of $98K (revenue +192.9% year-over-year).
- 2012: Revenue of $43K, expenses of $12K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cross Works Thrift Store:
Data Sources and Methodology
This transparency report for Cross Works Thrift Store 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.