Crossroads Incorporated

Is Crossroads Incorporated Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Crossroads Incorporated directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Crossroads Incorporated

Crossroads Incorporated (EIN: 222345520) is a nonprofit organization based in New Brunswick, NJ, classified under NTEE code P20. The organization reported total revenue of $1.1M and total assets of $213K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crossroads Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Crossroads Incorporated with a Mission Score of 65 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: 70%
• fundraising: 15%

According to IRS 990 filings, Crossroads Incorporated allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation cannot be assessed from the provided data as specific compensation figures for executives are not included in the financial 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.

Red Flags

The following concerns were identified during AI analysis of Crossroads Incorporated's IRS 990 filings:

• Significant fluctuations in revenue and expenses year-over-year, with a notable drop in revenue from $1,133,208 in 2022 to $725,446 in 2023.
• Negative assets reported in 2017 ($ -8,258), indicating potential financial instability in that period.
• Lack of detailed program spending breakdown beyond general expense figures in the provided data, making it difficult to ascertain the true impact of funds.

Strengths

The following positive indicators were identified for Crossroads Incorporated:

• Consistent filing of financial data over several years (2016-2023), demonstrating adherence to reporting requirements.
• Positive net assets in most recent years, indicating some financial health.
• The organization has managed to maintain operations despite significant revenue and expense volatility.

Frequently Asked Questions about Crossroads Incorporated

Filing History

IRS 990 filing history for Crossroads Incorporated showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Crossroads Incorporated's revenue has grown by 36.6%, moving from $531K to $725K. Total assets increased by 1423.5% over the same period, from $8K to $126K. Total functional expenses rose by 75.6%, from $522K to $917K. In its most recent filing year (2023), Crossroads Incorporated reported a deficit of $191K, with expenses exceeding revenue. The organization holds $345K in liabilities against $126K in assets (debt-to-asset ratio: 272.9%), resulting in net assets of $-218,557.

Year-by-Year Financial Summary

• 2023: Revenue of $725K, expenses of $917K, and assets of $126K (revenue -36.0% year-over-year).
• 2022: Revenue of $1.1M, expenses of $1.4M, and assets of $173K (revenue +84.0% year-over-year).
• 2021: Revenue of $616K, expenses of $456K, and assets of $244K (revenue -32.6% year-over-year).
• 2020: Revenue of $914K, expenses of $739K, and assets of $105K (revenue +98.2% year-over-year).
• 2019: Revenue of $461K, expenses of $636K, and assets of $4K (revenue +12.3% year-over-year).
• 2018: Revenue of $411K, expenses of $365K, and assets of $9K (revenue -32.1% year-over-year).
• 2017: Revenue of $605K, expenses of $563K, and assets of $-8,258 (revenue +28.4% year-over-year).
• 2016: Revenue of $471K, expenses of $461K, and assets of $168K (revenue +16.6% year-over-year).
• 2015: Revenue of $404K, expenses of $415K, and assets of $15K (revenue +25.5% year-over-year).
• 2014: Revenue of $322K, expenses of $446K, and assets of $16K (revenue -12.0% year-over-year).
• 2013: Revenue of $366K, expenses of $364K, and assets of $40K.
• 2012: Revenue of $0, expenses of $457K, and assets of $19K (revenue -100.0% year-over-year).
• 2011: Revenue of $488K, expenses of $492K, and assets of $17K (revenue -8.0% year-over-year).
• 2010: Revenue of $531K, expenses of $522K, and assets of $8K.

Data Sources and Methodology

This transparency report for Crossroads Incorporated 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.