Crossroads Academy
Crossroads Academy: Stable Finances, High Program Spending
EIN: 222239748 · Clifton, NJ · NTEE: B28Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $3.2M |
| Program Spending | 88% |
| Net Assets | $352K |
| Transparency Score | 75/100 |
Is Crossroads Academy Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Crossroads Academy directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Crossroads Academy
Crossroads Academy (EIN: 222239748) is a nonprofit organization based in Clifton, NJ, classified under NTEE code B28Z. The organization reported total revenue of $4.2M and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crossroads Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Crossroads Academy is a mid-size nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $3.2M |
| Surplus / Deficit | +$94K |
| Total Assets | $4.9M |
| Total Liabilities | $4.5M |
| Net Assets | $352K |
| Operating Margin | 2.9% |
| Debt-to-Asset Ratio | 92.8% |
| Months of Reserves | 18.2 months |
Financial Health Grade: A
In 2023, Crossroads Academy reported a surplus of $94K with revenue exceeding expenses, holds 18.2 months of operating reserves (strong position), has a debt-to-asset ratio of 92.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Crossroads Academy's revenue has declined at a compound annual growth rate (CAGR) of -4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.4% | +12.9% | -5.1% |
| 2022 | -1.2% | -1.4% | -3.7% |
| 2021 | -14.5% | -3.6% | -6.6% |
| 2020 | +19.0% | +3.7% | +0.2% |
| 2019 | -7.5% | -5.6% | -6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3100 |
| IRS Ruling Date | 1979 |
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 Crossroads Academy with a Mission Score of 75 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: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Crossroads Academy allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% 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 surplus of $94K, with revenue exceeding expenses.
- Debt-to-asset ratio: 92.8%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and mission, with no individuals reporting excessively high salaries in recent filings.
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 Crossroads Academy:
- Consistent program spending above 85% of total expenses over multiple years.
- Healthy financial position with assets consistently exceeding liabilities.
- Stable revenue streams, demonstrating resilience over time.
Frequently Asked Questions about Crossroads Academy
Is Crossroads Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Crossroads Academy (EIN: 222239748) appears legitimate. Mission Score: 75/100. 0 red flags identified, 3 strengths noted.
How does Crossroads Academy spend its money?
Crossroads Academy directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Crossroads Academy tax-deductible?
Crossroads Academy is registered as a tax-exempt nonprofit (EIN: 222239748). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Crossroads Academy's spending goes to programs?
Crossroads Academy directs 88% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Crossroads Academy compare to similar nonprofits?
With a transparency score of 75/100 (Good), Crossroads Academy is above average for NTEE category B28Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Crossroads Academy located?
Crossroads Academy is headquartered in Clifton, New Jersey and files with the IRS under EIN 222239748. It is classified under NTEE code B28Z.
How many years of IRS 990 filings does Crossroads Academy have?
Crossroads Academy 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 $4.2M in total revenue.
What does Crossroads Academy do?
Crossroads Academy is a nonprofit organization in the Education sector, located in Clifton, New Jersey. It is classified under NTEE code B28Z.
How much revenue does Crossroads Academy have?
Crossroads Academy reported total revenue of $4,173,005. Based on 13 IRS 990 filings on record.
What are Crossroads Academy's total assets?
Crossroads Academy holds total assets of $4,774,957 as reported in IRS 990 filings.
Where is Crossroads Academy located?
Crossroads Academy is based in Clifton, New Jersey.
What is Crossroads Academy's EIN?
Crossroads Academy's Employer Identification Number (EIN) is 222239748. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Crossroads Academy?
Crossroads Academy is classified under NTEE code B28Z (Education).
Is Crossroads Academy a registered 501(c)(3)?
Yes, Crossroads Academy is recognized as a tax-exempt organization by the IRS. EIN: 222239748.
Does Crossroads Academy file IRS Form 990?
Yes, Crossroads Academy has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Crossroads Academy's revenue in 2023?
In the 202306 filing period, Crossroads Academy reported total revenue of $3,297,398, total expenses of $3,203,187, and net assets of $4,867,572.
Is Crossroads Academy's revenue growing or declining?
Crossroads Academy's revenue is growing. Revenue went from $2,785,886 (202206) to $3,297,398 (202306), a +18.4% change. Based on 13 filings on record.
What is Crossroads Academy's most recent 990 filing?
The most recent IRS Form 990 filing for Crossroads Academy covers tax period 202306. It shows revenue of $3,297,398, expenses of $3,203,187, total assets of $4,867,572, and liabilities of $4,515,173.
How much does Crossroads Academy spend on programs vs administration?
Based on IRS 990 analysis, Crossroads Academy allocates approximately 88% of expenses to program services, 7% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Crossroads Academy a trustworthy charity?
Based on AI analysis of IRS 990 data, Crossroads Academy appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are Crossroads Academy's strengths?
Positive indicators for Crossroads Academy include: Consistent program spending above 85% of total expenses over multiple years.. Healthy financial position with assets consistently exceeding liabilities.. Stable revenue streams, demonstrating resilience over time.. These findings are derived from AI analysis of the organization's financial filings.
How does Crossroads Academy compensate executives?
Executive compensation appears reasonable given the organization's size and mission, with no individuals reporting excessively high salaries in recent filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Crossroads Academy?
- 2023 Form 990 reports total revenue of $3,297,398 and total expenses of $3,203,187, indicating a positive operating margin. - The organization consistently maintains a healthy asset base, with $4,867,572 in total assets as of June 2023. - Compensation for officers, directors, trustees, key employees, and highest compensated employees is detailed in Schedule J of the Form 990. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How has Crossroads Academy managed to maintain such a high percentage of program spending despite fluctuations in total revenue over the past several years?
Crossroads Academy has consistently prioritized its program services, as evidenced by program expenses making up 88% of total expenses in 2023. This suggests efficient operational management and a strong commitment to its core mission, even when revenue has varied, by potentially controlling administrative and fundraising costs effectively.
Filing History
IRS 990 filing history for Crossroads Academy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Crossroads Academy's revenue has declined by 40.1%, moving from $5.5M to $3.3M. Total assets increased by 218.6% over the same period, from $1.5M to $4.9M. Total functional expenses fell by 42%, from $5.5M to $3.2M. In its most recent filing year (2023), Crossroads Academy reported a surplus of $94K, with revenue exceeding expenses. The organization holds $4.5M in liabilities against $4.9M in assets (debt-to-asset ratio: 92.8%), resulting in net assets of $352K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $3.2M | $4.9M | $4.5M | — | View 990 |
| 2022 | $2.8M | $2.8M | $5.1M | $4.9M | — | View 990 |
| 2021 | $2.8M | $2.9M | $5.3M | $5.0M | — | View 990 |
| 2020 | $3.3M | $3.0M | $5.7M | $5.3M | — | View 990 |
| 2019 | $2.8M | $2.9M | $5.7M | $5.6M | — | View 990 |
| 2018 | $3.0M | $3.1M | $6.1M | $5.9M | — | View 990 |
| 2017 | $3.5M | $3.5M | $6.2M | $5.9M | — | View 990 |
| 2016 | $3.5M | $3.8M | $6.2M | $5.9M | — | View 990 |
| 2015 | $5.0M | $5.1M | $6.8M | $6.3M | — | View 990 |
| 2014 | $5.9M | $6.0M | $7.1M | $6.5M | — | View 990 |
| 2013 | $6.1M | $6.2M | $7.1M | $6.4M | — | View 990 |
| 2012 | $6.1M | $6.0M | $7.0M | $6.2M | — | View 990 |
| 2011 | $5.5M | $5.5M | $1.5M | $881K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $3.2M, and assets of $4.9M (revenue +18.4% year-over-year).
- 2022: Revenue of $2.8M, expenses of $2.8M, and assets of $5.1M (revenue -1.2% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.9M, and assets of $5.3M (revenue -14.5% year-over-year).
- 2020: Revenue of $3.3M, expenses of $3.0M, and assets of $5.7M (revenue +19.0% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.9M, and assets of $5.7M (revenue -7.5% year-over-year).
- 2018: Revenue of $3.0M, expenses of $3.1M, and assets of $6.1M (revenue -13.8% year-over-year).
- 2017: Revenue of $3.5M, expenses of $3.5M, and assets of $6.2M (revenue -0.4% year-over-year).
- 2016: Revenue of $3.5M, expenses of $3.8M, and assets of $6.2M (revenue -30.0% year-over-year).
- 2015: Revenue of $5.0M, expenses of $5.1M, and assets of $6.8M (revenue -15.0% year-over-year).
- 2014: Revenue of $5.9M, expenses of $6.0M, and assets of $7.1M (revenue -4.0% year-over-year).
- 2013: Revenue of $6.1M, expenses of $6.2M, and assets of $7.1M (revenue -0.1% year-over-year).
- 2012: Revenue of $6.1M, expenses of $6.0M, and assets of $7.0M (revenue +11.0% year-over-year).
- 2011: Revenue of $5.5M, expenses of $5.5M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Crossroads Academy:
Data Sources and Methodology
This transparency report for Crossroads Academy 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.