Cross Power Ministries Inc

EIN: 450822533 501(c)(3)

Richmond, IN

Total Revenue
$810
Total Expenses
$1,041,113
Total Assets
N/A
Net Assets
N/A
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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
2011
Legal Domicile
IN
Principal Officer
Timothy Cummings
Phone
7652200459
Tax Period
2022-01-01 to 2022-12-31

Cross Power Ministries Inc, founded in 2011, is a micro nonprofit that reported $810 in total revenue in fiscal year 2022. Expenses of $1.0M exceeded revenue, resulting in a 128432% operating deficit.

Mission

The organizations purpose is to provide funds to 501c3 organizations dedicated to providing spiritual,vocational, and physical assistance to help bring people to the knowledge of God

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $810
Other Revenue $0
TOTAL REVENUE $810

Expense Breakdown

Grants Paid $1,038,559
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,038,559
Other Expenses $2,554
TOTAL EXPENSES $1,041,113

Year-over-Year Comparison

2022 2021 Change
Revenue $810 N/A N/A
Expenses $1,041,113 N/A N/A
Net Income $-1,040,303 N/A N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Timothy W Cummings President 010.00
Officer Director
$0 $0 $0
Lisa J Patterson Treasurer 010.00
Officer Director
$0 $0 $0
Bonnie L Cummings Secretary 010.00
Officer Director
$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
2022 $810 $1,041,113 No data $-1,040,303
2019 $26,873 $10,623 $1,045,601 $16,250
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