Crossways Ministries
- Assets
- $28.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 06/1984
- Data as of
- 12/2023
- EIN
- 75-2746030
Organization Overview
Crossways Ministries is located in Fort Worth, TX. The organization was established in 1984. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Crossways Ministries 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 12/2023, Crossways Ministries generated $75.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $76.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3
CROSSWAYS MINISTRIES CONDUCTS RELIGIOUS WORSHIP SERVICES, BIBLICAL COUNSELINGASSISTANCE TO INDIVIDUALS IN NEED AND SUPPORTS OTHER ACTIVITIES LOCALLY ANDINTERNATIONALLY THAT ACCOMPLISH SPREADING THE GOSPEL OF JESUS CHRIST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Olsen Executive Director | 50 | $0 | |
Myrna Olsen Vice President | 14 | $0 | |
Danny Cox Director | 0 | $0 | |
Heidi Cox Director | 0 | $0 | |
Benjamin Olsen Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,435 |
| 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 | $75,435 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,498 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,691 |
| Total expenses | $76,189 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,842 |
| Other assets | $0 |
| Total assets | $27,988 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,988 |