Statesville, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
To spread the life changing word of Christ into our community utilizing a variety of resources to have a far reach and broad impact.
Power Cross provides free hot meals daily to young men in our community who primarily live in food insecure homes. We served approximately 80,000 free meals in 2023/2024
Transportation- A key portion of the Power Cross program is providing transportation to our participants. The fleet managment of Power Cross provides thousands of miles of transportation annually.
Athletic Training and Development- We provide athletic teams and training for young men in baseball, basketball, wrestling, and football. Providing training, equipment, assistance with recruiting and...
Athletic Training and Development- We provide athletic teams and training for young men in baseball, basketball, wrestling, and football. Providing training, equipment, assistance with recruiting and free camps and clinics year round.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 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 |
Compare POWER CROSS with other nonprofits in North Carolina and across the country.