Crossroads Foundation
- Assets
- $4.7m
- Revenue
- $459.0k
- Investments
- $4.6m
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 11/1995
- Data as of
- 12/2021
- EIN
- 34-1811495
Organization Overview
Crossroads Foundation is located in Cleveland, OH. The organization was established in 1995. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crossroads Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Crossroads Foundation generated $459.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $465.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Crossroads Foundation has awarded 55 individual grants totaling $2,294,003. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel L Horn Secretary | 0.6 | $5,932 | |
Dudley S Blossom President | 1 | $0 | |
Richard Tanner Trustee | 0.6 | $0 | |
Kathryn F Blossom Vice-Pres. | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $147,094 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $311,940 |
| Capital Gain Net Income | $311,940 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $459,034 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,932 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,935 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $397 |
| Total operating and administrative expenses | $67,191 |
| Contributions, gifts, grants paid | $398,663 |
| Total expenses and disbursements | $465,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,282 |
| Savings and temporary cash investments | $55,839 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,167 |
| Total assets | $4,672,749 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Crossroads Foundation has awarded $1,097,503 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
SAINT MARTIN DE PORRES PURPOSE: NEW BUILDING | $399,661 |
Canton, OH PURPOSE: PIONEER PARK | $299,179 |
Canton, OH PURPOSE: PIONEER PARK | $100,821 |
SAINT MARTIN DE PORRES PURPOSE: NEW BUILDING | $50,342 |
Boone, NC PURPOSE: SUPPORT FOR DAMAGES TO HOME AND FAMILIES BY HURRICANE IDA | $50,000 |
TRINITY SCHOOL OF MINISTRY PURPOSE: THE TRINITY FUND | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Crossroads Foundation has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Judith & Edward Ward Family Foundation Chardon, OH PURPOSE: CHARITABLE PURPOSE | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ohio Shared Information Services Inc Cincinnati, OH | $9,673,672 | $26,206,516 |
Npt Charitable Asset Tr Jenkintown, PA | $16,456,984 | $30,273,580 |
Joseph & Florence Mandel Family Foundation - Weinberg Family Fund Cleveland, OH | $181,897,996 | $22,134,878 |
The@joseph And Florence Mandel Family Foundation-Michele M And Cleveland, OH | $143,259,703 | $19,572,691 |
Psalms Foundation Cincinnati, OH | $2,676,117 | $10,777,846 |
Hands In Service Incorporated Sellersville, PA | $413,502 | $4,515,148 |
Charity Motors Inc Detroit, MI | $2,508,278 | $4,106,535 |
Philanthropy Network Greater Philadelphia Philadelphia, PA | $1,306,274 | $3,056,265 |
The Grantmakers Of Western Pennsyl Vania Pittsburgh, PA | $3,601,911 | $2,093,159 |
Detroit Association Of Black Organizations Dabo Inc Detroit, MI | $174,773 | $1,935,579 |
Veterans Outreach Youngstown, OH | $937,209 | $2,263,977 |
New Life Thrift Inc Glenside, PA | $1,745,552 | $2,183,383 |