Crossbridge Inc
Crossbridge Inc shows strong asset growth and no reported officer compensation, with fluctuating but generally strong revenue.
EIN: 161755991 · Nashville, TN · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $1.6M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $10.1M |
| Transparency Score | 90/100 |
Is Crossbridge Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Crossbridge Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Crossbridge Inc
Crossbridge Inc (EIN: 161755991) is a nonprofit organization based in Nashville, TN, classified under NTEE code B60. The organization reported total revenue of $2.5M and total assets of $10.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crossbridge Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Crossbridge Inc is a mid-size nonprofit that has been operating for 14 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 18.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $10.5M |
| Total Liabilities | $320K |
| Net Assets | $10.1M |
| Operating Margin | 49.4% |
| Debt-to-Asset Ratio | 3.1% |
| Months of Reserves | 77.2 months |
Financial Health Grade: A
In 2024, Crossbridge Inc reported a surplus of $1.6M with revenue exceeding expenses, holds 77.2 months of operating reserves (strong position), has a debt-to-asset ratio of 3.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Crossbridge Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +62.7% | +15.5% | +22.3% |
| 2023 | -68.5% | +62.3% | +4.9% |
| 2022 | +175.7% | +18.1% | +49.8% |
| 2021 | +113.7% | -1.0% | +247.9% |
| 2020 | +0.1% | +3.2% | +35.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
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 Crossbridge 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Crossbridge Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization with assets exceeding $10 million and revenue over $3 million.
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.
Red Flags
The following concerns were identified during AI analysis of Crossbridge Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size, which may warrant further investigation into how leadership is compensated or structured.
- Significant year-over-year revenue fluctuations (e.g., $6.2M in 202205 down to $1.9M in 202305) could indicate unstable funding sources or project-specific funding that is not recurring.
Strengths
The following positive indicators were identified for Crossbridge Inc:
- Strong asset growth, increasing from $1.5M in 202005 to $10.4M in 202405, indicating effective financial management and sustainability.
- No reported officer compensation across all filings, suggesting a high dedication to mission and efficient use of funds.
- Consistent surplus of revenue over expenses in recent years (e.g., $3.2M revenue vs. $1.6M expenses in 202405).
- Long history of IRS 990 filings (14 filings), demonstrating a commitment to transparency and compliance.
Frequently Asked Questions about Crossbridge Inc
Is Crossbridge Inc a legitimate charity?
Crossbridge Inc (EIN: 161755991) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.5M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Crossbridge Inc spend its money?
Crossbridge Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Crossbridge Inc tax-deductible?
Crossbridge Inc is registered as a tax-exempt nonprofit (EIN: 161755991). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Crossbridge Inc CEO make?
Crossbridge Inc's highest-compensated officer earns $10 annually. The organization reported $2.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Crossbridge Inc's spending goes to programs?
Crossbridge Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Crossbridge Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Crossbridge Inc is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Crossbridge Inc located?
Crossbridge Inc is headquartered in Nashville, Tennessee and files with the IRS under EIN 161755991. It is classified under NTEE code B60.
How many years of IRS 990 filings does Crossbridge Inc have?
Crossbridge Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.5M in total revenue.
Is Crossbridge Inc a good charity?
Based on the provided data, Crossbridge Inc appears to be a financially healthy organization with strong asset growth and a commendable commitment to not paying officer compensation. This suggests a high dedication to its mission and efficient use of funds, making it appear to be a good charity.
Why is officer compensation 0%?
The consistent reporting of 0% officer compensation across all 14 filings is highly unusual for an organization of this size. It could indicate that officers are volunteers, compensated by a related entity, or that compensation is structured in a way not reported as 'officer compensation' on the 990, such as through a management company.
What caused the significant revenue fluctuation in 202205?
Revenue spiked to $6,269,666 in 202205 from $2,274,213 in 202105, then decreased to $1,977,436 in 202305. This significant fluctuation could be due to a large one-time grant, a major fundraising event, or a change in funding model, which would require reviewing the full 990 for details on revenue sources.
Filing History
IRS 990 filing history for Crossbridge Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Crossbridge Inc's revenue has grown by 818.3%, moving from $350K to $3.2M. Total assets increased by 12237.5% over the same period, from $85K to $10.5M. Total functional expenses rose by 441.4%, from $300K to $1.6M. In its most recent filing year (2024), Crossbridge Inc reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $320K in liabilities against $10.5M in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $10.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.2M | $1.6M | $10.5M | $320K | — | View 990 |
| 2023 | $2.0M | $1.4M | $8.6M | $7K | — | — |
| 2022 | $6.3M | $868K | $8.2M | $177K | — | View 990 |
| 2021 | $2.3M | $735K | $5.4M | $2.9M | — | — |
| 2020 | $1.1M | $743K | $1.6M | $530K | — | View 990 |
| 2019 | $1.1M | $720K | $1.2M | $441K | — | View 990 |
| 2018 | $818K | $665K | $836K | $466K | — | View 990 |
| 2017 | $715K | $693K | $706K | $489K | — | View 990 |
| 2016 | $744K | $644K | $195K | $6K | — | View 990 |
| 2015 | $514K | $471K | $112K | $10K | — | View 990 |
| 2014 | $465K | $448K | $79K | $18K | — | View 990 |
| 2013 | $426K | $437K | $71K | $26K | — | View 990 |
| 2012 | $350K | $300K | $85K | $29K | — | View 990 |
| 2011 | $350K | $300K | $85K | $29K | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $3.2M, expenses of $1.6M, and assets of $10.5M (revenue +62.7% year-over-year).
- 2023: Revenue of $2.0M, expenses of $1.4M, and assets of $8.6M (revenue -68.5% year-over-year).
- 2022: Revenue of $6.3M, expenses of $868K, and assets of $8.2M (revenue +175.7% year-over-year).
- 2021: Revenue of $2.3M, expenses of $735K, and assets of $5.4M (revenue +113.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $743K, and assets of $1.6M (revenue +0.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $720K, and assets of $1.2M (revenue +30.0% year-over-year).
- 2018: Revenue of $818K, expenses of $665K, and assets of $836K (revenue +14.3% year-over-year).
- 2017: Revenue of $715K, expenses of $693K, and assets of $706K (revenue -3.9% year-over-year).
- 2016: Revenue of $744K, expenses of $644K, and assets of $195K (revenue +44.7% year-over-year).
- 2015: Revenue of $514K, expenses of $471K, and assets of $112K (revenue +10.6% year-over-year).
- 2014: Revenue of $465K, expenses of $448K, and assets of $79K (revenue +9.1% year-over-year).
- 2013: Revenue of $426K, expenses of $437K, and assets of $71K (revenue +21.7% year-over-year).
- 2012: Revenue of $350K, expenses of $300K, and assets of $85K (revenue +0.0% year-over-year).
- 2011: Revenue of $350K, expenses of $300K, and assets of $85K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Crossbridge Inc:
Data Sources and Methodology
This transparency report for Crossbridge 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.