POWER CROSS (EIN 141989435) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

Jeffrey Storment

Phone

7043803001

Tax Period

2023-09-01 to 2024-08-31

POWER CROSS, founded in 2010, is a community nonprofit in the Religion sector that reported $4.4M in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 24% operating margin.

Mission

To spread the life-changing word of Christ into our community, through athletic outreach, Christian Discipleship, college readiness, life skill training, and free meal program.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,597,251

Program Service Revenue $0

Investment Income $10,511

Other Revenue $1,801,000

TOTAL REVENUE $4,408,762

Expense Breakdown

Grants Paid $0

Salaries & Benefits $488,615

Fundraising Expenses $0

Program Expenses $3,367,372

Other Expenses $2,878,757

TOTAL EXPENSES $3,367,372

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,408,762	$2,585,114	+0.7%
Expenses	$3,367,372	$2,254,890	+0.5%
Net Income	$1,041,390	$330,224	+2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$164,000

Key Employees

$59,149

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeff Storment	Co-Founder	60	Director	$82,000	$0	$82,000
Natalie Storment	Co-Founder	60	Director	$82,000	$0	$82,000
Cory Knight	Daily Operations Director	40	Key Emp	$59,149	$0	$59,149
Matthew Redmond	Board of Directors	2	Officer	$0	$0	$0
Jeff Tucker	Board of Directors	2	Officer	$0	$0	$0
Scarlett Chapman	Secretary	2	Officer	$0	$0	$0
Ben Shelton	Board of Directors	2	Officer	$0	$0	$0
Steve Jones	Board of Directors	2	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$4,408,762	$3,367,372	$2,880,846	$1,041,390
2023	$2,585,114	$2,254,890	$3,311,174	$330,224
2022	$2,992,363	$2,251,460	$3,070,299	$740,903
2021	$1,772,233	$1,375,952	$903,252	$396,281
2020	$1,575,016	$1,494,502	$772,677	$80,514
2019	$1,233,805	$1,067,244	$530,645	$166,561
2018	$912,874	$925,810	$364,084	$-12,936

POWER CROSS