Overview
What is Crossroads Fund Inc?
Crossroads Fund Inc, based in Chicago, Illinois, is a nonprofit organization with a mission to promote social and economic justice in the local community. Throughout the fiscal year, they award grants to various organizations working on diverse issues such as health care access, youth organizing, workers' rights, criminal justice, and more, aligning with their commitment to racial and social equality. With a team of 10 dedicated individuals, Crossroads Fund Inc actively contributes to shaping a fairer and more equitable society in the Chicago area.
Official website here: www.crossroadsfund.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)**
Crossroads Fund Inc has achieved a top-tier Four-Star rating from Charity Navigator, which reflects outstanding accountability and financial health. This rating is derived from a comprehensive assessment of the organization’s governance practices, financial efficiency, and sustainability. With an independent board consisting entirely of 19 members, the organization demonstrates strong commitment to transparency and ethical operations.
The charity excels in several key financial metrics, including a high program expense ratio of 87.06% and minimal fundraising costs of just $0.07 per dollar raised. Additionally, the organization has no significant financial liabilities, with a substantially favorable working capital ratio of nearly two years. However, it is noted that Crossroads Fund has not been evaluated in terms of impact, culture, or leadership capabilities, which limits a complete assessment of its effectiveness.
User reviews from GreatNonprofits are currently unavailable, so individual sentiments regarding personal experiences with Crossroads Fund cannot be summarized. Overall, the organization’s strong financial management and independent governance structure underscore its trustworthy operations.
This AI summary has been generated from information found on Charity Navigator.
Is Crossroads Fund Inc legitimate?
Crossroads Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crossroads Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $146,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $525,604
For more financial information, click here
Official website here: www.crossroadsfund.org
What is the mission statement of Crossroads Fund Inc?
Crossroads Fund Inc. is committed to supporting community organizations that focus on addressing issues of racial, social, and economic justice in their mission. During their fiscal year, they distribute grants to numerous organizations working towards social change, health care access, youth organizing, workers' rights, and criminal justice, among other related concerns. By providing financial assistance, Crossroads Fund Inc. aims to contribute significantly to the advancement of racial, social, and economic justice in the Chicago area.
Official website here: www.crossroadsfund.org
Who is the CEO of Crossroads Fund Inc?
Agnes Meneses is the Co-Chair of Crossroads Fund Inc.
Official website here: www.crossroadsfund.org
What is the revenue of Crossroads Fund Inc?
Crossroads Fund Inc's revenue in 2022 was $8,800,082.
Official website here: www.crossroadsfund.org
Who are the executives of Crossroads Fund Inc and what are their salaries?
The average compensation at Crossroads Fund Inc during 2022 was $67,210. There are 10 employees at Crossroads Fund Inc.
Here are 18 key members and their salaries:
- Compensation: $146,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.crossroadsfund.org
Where can I find the form 990 for Crossroads Fund Inc?
Crossroads Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.crossroadsfund.org
Learn more at the official website: www.crossroadsfund.org
Mission Statement of Crossroads Fund Inc
Crossroads Fund, Inc., a dedicated organization, is committed to supporting community initiatives that promote racial, social, and economic justice in the Chicago area. Their mission is centered around providing financial assistance to various groups striving for change in several key sectors, including health care access, youth organizing, workers' rights, and criminal justice, among others. The fund's primary goal is to contribute to the betterment of society by empowering these organizations and helping them address pressing issues related to social and economic equity.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Crossroads Fund Inc significantly impacts the Chicago area by providing vital financial support to community organizations dedicated to racial, social, and economic justice. Throughout the fiscal year, the organization distributes numerous grants to groups focused on critical issues such as social change, healthcare access, youth organizing, workers' rights, and criminal justice reform. By empowering these organizations, Crossroads Fund plays a crucial role in fostering community resilience and advancing equity in a variety of domains that affect the lives of many residents. This targeted support not only enhances the capacity of local initiatives but also amplifies the voices of marginalized communities, driving systemic change in the broader society.
This information is meant to be a general summary of Crossroads Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $224,370
- Gross Receipts: $8,844,011
Assets and Liabilities:
- Total Assets: $13,233,891
- Total Liabilities: $1,641,620
- Net Assets: $11,592,271
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1980
Phone
(773) 227-7676Principal Officer
Agnes Meneses
Main Address
3411 West Diversey 20, Chicago, IL, 60647
Website
www.crossroadsfund.orgNTEE Category
Code: T00 - Philanthropy
If you are a representative of Crossroads Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.