Crossroads Ministries Incorporated

Crossroads Ministries Incorporated experiences significant revenue decline in 2022, operating at a deficit.

EIN: 10478109 · Old Town, ME · Updated: 2026-03-28

$3KRevenue

$16KAssets

70/100Mission Score (Good)

About Crossroads Ministries Incorporated

Crossroads Ministries Incorporated (EIN: 10478109) is a nonprofit organization based in Old Town, ME. The organization reported total revenue of $3K and total assets of $16K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crossroads Ministries Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Crossroads Ministries Incorporated appears to be a very small organization with fluctuating financial activity. In 2022, the organization reported revenue of $2,997 against expenses of $8,355, indicating a deficit for the year. This continues a trend of expenses exceeding revenue in several recent years, such as 2019, 2017, and 2016. The organization's assets are modest, standing at $16,180 in 2022, with no reported liabilities, which is a positive indicator of financial stability in terms of debt.

The spending efficiency is difficult to fully assess without a detailed breakdown of expenses, which is not provided in the summary data. However, the consistent reporting of zero officer compensation across all available filings suggests that the organization is likely volunteer-run or has very low administrative overhead related to executive salaries. This can be a sign of efficiency, as resources are not being diverted to high executive pay. The significant drop in revenue from $14,579 in 2021 to $2,997 in 2022 warrants further investigation to understand the cause and its impact on program delivery.

Transparency is generally good given the consistent filing of IRS Form 990s over 14 periods, demonstrating compliance with reporting requirements. The absence of officer compensation is a transparent detail that speaks to the organization's operational model. However, the lack of detailed expense categories (program, admin, fundraising) in the provided data limits a deeper analysis of how funds are allocated, which is a common challenge with smaller organizations that may file simpler forms.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Crossroads Ministries Incorporated 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Crossroads Ministries Incorporated 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization likely operates with an all-volunteer leadership or very minimal, unpaid executive roles, which is highly efficient for an organization of its size.

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 Ministries Incorporated's IRS 990 filings:

Significant revenue decline in 2022 (from $14,579 to $2,997)
Expenses exceeding revenue in multiple recent years (e.g., 2022, 2019, 2017)
Fluctuating revenue history, making financial planning potentially challenging

Strengths

The following positive indicators were identified for Crossroads Ministries Incorporated:

Consistent reporting of zero liabilities across all filings
No executive compensation reported, indicating high efficiency in leadership costs
Long history of IRS 990 filings (14 periods), demonstrating transparency and compliance

Frequently Asked Questions about Crossroads Ministries Incorporated

Is Crossroads Ministries Incorporated financially stable given its recent deficits?

While the organization has reported deficits in several recent years (e.g., 2022, 2019, 2017), its consistent reporting of zero liabilities and modest assets ($16,180 in 2022) suggests it is not burdened by debt. However, the significant drop in revenue from $14,579 in 2021 to $2,997 in 2022 raises concerns about its ability to sustain operations without more consistent funding.

What caused the substantial revenue decrease in 2022?

The provided data does not specify the reasons for the revenue decrease from $14,579 in 2021 to $2,997 in 2022. This could be due to a one-time grant expiring, reduced donations, or a change in fundraising strategy, and would require reviewing the full 990 filing for more details.

How does the organization manage to operate with zero officer compensation?

The consistent reporting of 0% officer compensation suggests that Crossroads Ministries Incorporated is likely run by volunteers, or its leadership roles are unpaid. This model can significantly reduce administrative costs, allowing more funds to be directed towards its mission.

Filing History

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

Over 14 years of IRS 990 filings (2011–2022), Crossroads Ministries Incorporated's revenue has declined by 97.3%, moving from $113K to $3K. Total assets decreased by 81.8% over the same period, from $89K to $16K. Total functional expenses fell by 92.4%, from $110K to $8K. In its most recent filing year (2022), Crossroads Ministries Incorporated reported a deficit of $5K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$3K	$8K	$16K	$0	—	View 990
2021	$15K	$11K	$22K	$0	—	View 990
2020	$24K	$18K	$18K	$0	—	View 990
2019	$18K	$21K	$12K	$0	—	View 990
2018	$26K	$25K	$15K	$0	—	View 990
2017	$31K	$36K	$14K	$0	—	View 990
2016	$20K	$30K	$20K	$0	—	View 990
2015	$41K	$44K	$30K	$0	—	View 990
2015	$131K	$104K	$33K	$0	—	View 990
2014	$0	$0	$0	$0	—	—
2014	$0	$0	$0	$0	—	View 990
2013	$86K	$106K	$6K	$0	—	View 990
2013	$111K	$104K	$88K	$0	—	View 990
2011	$113K	$110K	$89K	$9K	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $3K, expenses of $8K, and assets of $16K (revenue -79.4% year-over-year).
2021: Revenue of $15K, expenses of $11K, and assets of $22K (revenue -38.2% year-over-year).
2020: Revenue of $24K, expenses of $18K, and assets of $18K (revenue +29.3% year-over-year).
2019: Revenue of $18K, expenses of $21K, and assets of $12K (revenue -29.3% year-over-year).
2018: Revenue of $26K, expenses of $25K, and assets of $15K (revenue -16.2% year-over-year).
2017: Revenue of $31K, expenses of $36K, and assets of $14K (revenue +51.6% year-over-year).
2016: Revenue of $20K, expenses of $30K, and assets of $20K (revenue -50.8% year-over-year).
2015: Revenue of $41K, expenses of $44K, and assets of $30K (revenue -68.4% year-over-year).
2015: Revenue of $131K, expenses of $104K, and assets of $33K.
2014: Revenue of $0, expenses of $0, and assets of $0.
2014: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
2013: Revenue of $86K, expenses of $106K, and assets of $6K (revenue -22.9% year-over-year).
2013: Revenue of $111K, expenses of $104K, and assets of $88K (revenue -1.1% year-over-year).
2011: Revenue of $113K, expenses of $110K, and assets of $89K.

Data Sources and Methodology

This transparency report for Crossroads Ministries 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.