Crossing Inc
Crossing Inc. faces financial challenges with expenses consistently exceeding revenue in recent years.
EIN: 205646257 · Philadelphia, PA · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.9M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1,525,950 |
| Net Assets | $218K |
| Transparency Score | 70/100 |
Is Crossing Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Crossing Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Crossing Inc
Crossing Inc (EIN: 205646257) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code B90. The organization reported total revenue of $1.5M and total assets of $627K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crossing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Crossing Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-718,104 |
| Total Assets | $408K |
| Total Liabilities | $190K |
| Net Assets | $218K |
| Operating Margin | -61.8% |
| Debt-to-Asset Ratio | 46.5% |
| Months of Reserves | 2.6 months |
Financial Health Grade: C
In 2023, Crossing Inc reported a deficit of $718K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 46.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Crossing Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | +48.7% | -63.4% |
| 2022 | -28.4% | +12.6% | -13.1% |
| 2021 | +59.3% | +32.3% | +59.0% |
| 2020 | -24.8% | -28.3% | +78.5% |
| 2019 | +81.3% | +55.9% | +61.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Crossing Inc with a Mission Score of 70 out of 100 (Good). 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, Crossing 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $718K, with expenses exceeding revenue.
- Debt-to-asset ratio: 46.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for a nonprofit of its size (latest revenue $1,525,950) and suggests a strong commitment to directing funds towards its mission.
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 Crossing Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023 expenses $1,880,065 vs. revenue $1,161,961)
- Significant decrease in assets from $1,283,891 in 2021 to $407,961 in 2023
- Increasing liabilities over time, reaching $189,698 in 2023
Strengths
The following positive indicators were identified for Crossing Inc:
- Zero officer compensation reported across all filings, indicating strong financial stewardship regarding executive pay
- Long operational history with 13 IRS 990 filings, suggesting stability and experience
- Significant revenue generation, with latest reported revenue at $1,525,950
Frequently Asked Questions about Crossing Inc
Is Crossing Inc a legitimate charity?
Crossing Inc (EIN: 205646257) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Crossing Inc spend its money?
Crossing Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Crossing Inc tax-deductible?
Crossing Inc is registered as a tax-exempt nonprofit (EIN: 205646257). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Crossing Inc CEO make?
Crossing Inc's highest-compensated officer earns $1,525,950 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Crossing Inc's spending goes to programs?
Crossing Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Crossing Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Crossing Inc is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Crossing Inc located?
Crossing Inc is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 205646257. It is classified under NTEE code B90.
How many years of IRS 990 filings does Crossing Inc have?
Crossing Inc has 13 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 $1.5M in total revenue.
Is Crossing Inc. a good charity?
Crossing Inc. shows strengths in its commitment to not compensating officers, which is a positive indicator of financial stewardship. However, the recent trend of expenses significantly exceeding revenue (e.g., $1,880,065 expenses vs. $1,161,961 revenue in 2023) raises concerns about its financial sustainability. A 'good' charity typically manages its finances to ensure long-term impact.
What is the trend in Crossing Inc.'s financial health?
The financial health of Crossing Inc. has shown a concerning trend in recent years. After a period of revenue exceeding expenses (e.g., 2020 and 2021), the organization has experienced deficits in 2022 and 2023, with expenses outstripping revenue. Assets have also decreased significantly from their peak in 2021.
How does Crossing Inc.'s executive compensation compare to similar organizations?
Crossing Inc.'s executive compensation of 0% is exceptionally low and favorable compared to most organizations of similar size, where some level of executive compensation is common. This indicates a strong dedication to minimizing overhead in this area.
What are the primary financial risks for Crossing Inc.?
The primary financial risks for Crossing Inc. include its consistent operating deficits in recent years, where expenses have exceeded revenue. This trend, if continued, could deplete reserves and jeopardize the organization's ability to sustain its programs and operations.
Filing History
IRS 990 filing history for Crossing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Crossing Inc's revenue has grown by 820.7%, moving from $126K to $1.2M. Total assets increased by 2627.2% over the same period, from $15K to $408K. Total functional expenses rose by 1527.8%, from $115K to $1.9M. In its most recent filing year (2023), Crossing Inc reported a deficit of $718K, with expenses exceeding revenue. The organization holds $190K in liabilities against $408K in assets (debt-to-asset ratio: 46.5%), resulting in net assets of $218K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.9M | $408K | $190K | — | View 990 |
| 2022 | $1.1M | $1.3M | $1.1M | $179K | — | View 990 |
| 2021 | $1.6M | $1.1M | $1.3M | $229K | — | View 990 |
| 2020 | $1.0M | $849K | $807K | $231K | — | View 990 |
| 2019 | $1.3M | $1.2M | $452K | $32K | — | View 990 |
| 2018 | $737K | $759K | $279K | $11K | — | View 990 |
| 2017 | $695K | $617K | $309K | $18K | — | View 990 |
| 2016 | $640K | $693K | $223K | $10K | — | View 990 |
| 2015 | $382K | $403K | $272K | $6K | — | View 990 |
| 2014 | $496K | $284K | $287K | $0 | — | View 990 |
| 2013 | $289K | $227K | $75K | $361 | — | View 990 |
| 2012 | $165K | $167K | $13K | $0 | — | View 990 |
| 2011 | $126K | $115K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.9M, and assets of $408K (revenue +1.4% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.3M, and assets of $1.1M (revenue -28.4% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.1M, and assets of $1.3M (revenue +59.3% year-over-year).
- 2020: Revenue of $1.0M, expenses of $849K, and assets of $807K (revenue -24.8% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.2M, and assets of $452K (revenue +81.3% year-over-year).
- 2018: Revenue of $737K, expenses of $759K, and assets of $279K (revenue +6.0% year-over-year).
- 2017: Revenue of $695K, expenses of $617K, and assets of $309K (revenue +8.7% year-over-year).
- 2016: Revenue of $640K, expenses of $693K, and assets of $223K (revenue +67.4% year-over-year).
- 2015: Revenue of $382K, expenses of $403K, and assets of $272K (revenue -23.0% year-over-year).
- 2014: Revenue of $496K, expenses of $284K, and assets of $287K (revenue +71.8% year-over-year).
- 2013: Revenue of $289K, expenses of $227K, and assets of $75K (revenue +75.4% year-over-year).
- 2012: Revenue of $165K, expenses of $167K, and assets of $13K (revenue +30.6% year-over-year).
- 2011: Revenue of $126K, expenses of $115K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Crossing Inc:
Data Sources and Methodology
This transparency report for Crossing 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.