Way Of The Cross
- Assets
- $249.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gadsden, AL
- Founding
- 11/2002
- Data as of
- 12/2021
- EIN
- 63-1284175
Organization Overview
Way Of The Cross is located in Gadsden, AL. The organization was established in 2002. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Way Of The Cross 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, Way Of The Cross generated $139.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $126.1k during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION OPERATES AS A SOUP KITCHEN FOR THE NEEDY. DURING THE 2021 YEAR, THE ORGANIZATION SERVED OVER 56,000 MEALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Brown Executive Director | 40 | $30,800 | |
Mike Wilcutt Director | 1 | $0 | |
Wendell Oden Secretary | 1 | $0 | |
Phil Hodges Director | 1 | $0 | |
Pam Clough Director | 1 | $0 | |
Mark Thompson President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,348 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $139,348 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,800 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $23,171 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $71,155 |
| Total expenses | $126,126 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,715 |
| Other assets | $0 |
| Total assets | $249,211 |
| Total liabilities | $0 |
| Net assets or fund balances | $249,211 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Way Of The Cross has recieved totaling $169,484.
| Awarding Organization | Amount |
|---|---|
Community Food Bank Of Central Alabama Birmingham, AL PURPOSE: To provide food to the needy. | $169,340 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $144 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Memphis Goodwill Inc Memphis, TN | $14,007,332 | $45,591,658 |
Atlanta Union Mission Corporation Hcsr Atlanta, GA | $60,885,484 | $20,504,830 |
Atlanta Heights Charter School Inc Atlanta, GA | $3,131,172 | $9,104,979 |
Vapor Ministries Inc Sylacauga, AL | $7,649,507 | $9,129,570 |
Poverello Center Inc Wilton Manors, FL | $4,969,288 | $2,314,120 |
The Clothes Less Traveled Thrift Shop Inc Peachtree City, GA | $1,330,927 | $1,604,886 |
Hand Up Inc Calhoun, GA | $1,679,036 | $1,708,856 |
Asbury Thrift Store Inc Madison, AL | $2,796,336 | $1,602,848 |
North Brevard Charities Sharing Center Inc Titusville, FL | $3,289,174 | $967,626 |
We Care Community Services Inc Dayton, TN | $2,321,590 | $1,212,770 |
Good Neighbors Thrift Shop Inc Lenoir City, TN | $1,316,271 | $1,004,712 |
Because He Lives Ministry Inc Hazlehurst, GA | $190,247 | $766,611 |