Crossroads Center Inc
Crossroads Center Inc shows strong revenue and asset growth, but 2023 saw a significant increase in liabilities.
EIN: 205518720 · Valparaiso, FL · NTEE: E32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $637K |
| Total Expenses | $234K |
| Program Spending | 85% |
| Net Assets | $895K |
| Transparency Score | 88/100 |
Is Crossroads Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Crossroads Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Crossroads Center Inc
Crossroads Center Inc (EIN: 205518720) is a nonprofit organization based in Valparaiso, FL, classified under NTEE code E32. The organization reported total revenue of $637K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crossroads Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Crossroads Center Inc is a small 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 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $337K |
| Total Expenses | $234K |
| Surplus / Deficit | +$103K |
| Total Assets | $897K |
| Total Liabilities | $2K |
| Net Assets | $895K |
| Operating Margin | 30.6% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 46.1 months |
Financial Health Grade: A
In 2023, Crossroads Center Inc reported a surplus of $103K with revenue exceeding expenses, holds 46.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Crossroads Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.8% | +17.3% | +13.2% |
| 2022 | +41.7% | +25.6% | +64.0% |
| 2021 | +172.4% | +45.3% | +70.7% |
| 2020 | +30.9% | -0.9% | +8.6% |
| 2019 | -0.4% | -3.5% | -3.8% |
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 Crossroads Center Inc with a Mission Score of 88 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, Crossroads 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $103K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Crossroads Center Inc consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly favorable for donor confidence and mission-focused spending.
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 Crossroads Center Inc's IRS 990 filings:
- Significant increase in liabilities to $1,936,000 in 2023 without clear explanation in summary data.
Strengths
The following positive indicators were identified for Crossroads Center Inc:
- Consistent 0% officer compensation, indicating efficient use of funds.
- Strong revenue growth from $131,665 in 2020 to $336,724 in 2023.
- Healthy asset growth from $283,144 in 2020 to $897,195 in 2023.
- Long history of IRS 990 filings (13 filings), suggesting commitment to transparency.
Frequently Asked Questions about Crossroads Center Inc
Is Crossroads Center Inc a legitimate charity?
Crossroads Center Inc (EIN: 205518720) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $637K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Crossroads Center Inc spend its money?
Crossroads Center Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Crossroads Center Inc tax-deductible?
Crossroads Center Inc is registered as a tax-exempt nonprofit (EIN: 205518720). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Crossroads Center Inc's spending goes to programs?
Crossroads Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Crossroads Center Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Crossroads Center Inc is above average for NTEE category E32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Crossroads Center Inc located?
Crossroads Center Inc is headquartered in Valparaiso, Florida and files with the IRS under EIN 205518720. It is classified under NTEE code E32.
How many years of IRS 990 filings does Crossroads Center Inc have?
Crossroads Center 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 $637K in total revenue.
What caused the significant increase in liabilities to $1,936,000 in the 2023 fiscal period?
The IRS 990 data shows a dramatic rise in liabilities from $315 in 2022 to $1,936,000 in 2023. This change is not explained in the provided data and would require reviewing the full 990 form for Schedule D (Supplemental Financial Statements) or other relevant schedules to understand the nature of these liabilities (e.g., mortgages, program-related investments, or other debts).
How does Crossroads Center Inc manage to operate without reporting any officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be entirely volunteer-based, compensated through other means not classified as officer compensation, or that the organization's structure does not include paid officers in the traditional sense. This is a positive sign for maximizing program spending.
What is the primary source of the organization's revenue growth from 2020 to 2023?
While the data shows revenue growth from $131,665 in 2020 to $336,724 in 2023, the specific sources (e.g., grants, contributions, program service revenue) are not detailed in this summary. A deeper dive into the full 990 forms would be necessary to identify the drivers of this growth.
Filing History
IRS 990 filing history for Crossroads Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Crossroads Center Inc's revenue has grown by 340.3%, moving from $76K to $337K. Total assets increased by 1078.5% over the same period, from $76K to $897K. Total functional expenses rose by 299.4%, from $59K to $234K. In its most recent filing year (2023), Crossroads Center Inc reported a surplus of $103K, with revenue exceeding expenses. The organization holds $2K in liabilities against $897K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $895K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $337K | $234K | $897K | $2K | — | — |
| 2022 | $508K | $199K | $793K | $315 | — | View 990 |
| 2021 | $359K | $159K | $483K | $0 | — | View 990 |
| 2020 | $132K | $109K | $283K | $0 | — | View 990 |
| 2019 | $101K | $110K | $261K | $0 | — | View 990 |
| 2018 | $101K | $114K | $271K | $713 | — | View 990 |
| 2017 | $115K | $106K | $287K | $4K | — | View 990 |
| 2016 | $128K | $119K | $275K | $0 | — | View 990 |
| 2015 | $128K | $117K | $266K | $0 | — | View 990 |
| 2014 | $104K | $90K | $265K | $10K | — | View 990 |
| 2013 | $214K | $62K | $251K | $10K | — | View 990 |
| 2012 | $84K | $62K | $98K | $10K | — | View 990 |
| 2011 | $76K | $59K | $76K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $337K, expenses of $234K, and assets of $897K (revenue -33.8% year-over-year).
- 2022: Revenue of $508K, expenses of $199K, and assets of $793K (revenue +41.7% year-over-year).
- 2021: Revenue of $359K, expenses of $159K, and assets of $483K (revenue +172.4% year-over-year).
- 2020: Revenue of $132K, expenses of $109K, and assets of $283K (revenue +30.9% year-over-year).
- 2019: Revenue of $101K, expenses of $110K, and assets of $261K (revenue -0.4% year-over-year).
- 2018: Revenue of $101K, expenses of $114K, and assets of $271K (revenue -11.9% year-over-year).
- 2017: Revenue of $115K, expenses of $106K, and assets of $287K (revenue -10.3% year-over-year).
- 2016: Revenue of $128K, expenses of $119K, and assets of $275K (revenue +0.1% year-over-year).
- 2015: Revenue of $128K, expenses of $117K, and assets of $266K (revenue +22.5% year-over-year).
- 2014: Revenue of $104K, expenses of $90K, and assets of $265K (revenue -51.3% year-over-year).
- 2013: Revenue of $214K, expenses of $62K, and assets of $251K (revenue +154.1% year-over-year).
- 2012: Revenue of $84K, expenses of $62K, and assets of $98K (revenue +10.2% year-over-year).
- 2011: Revenue of $76K, expenses of $59K, and assets of $76K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Crossroads Center Inc:
Data Sources and Methodology
This transparency report for Crossroads 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.