CrossPurpose

The information on this page was last updated 7/5/2024. If you see errors or omissions, please email: [email protected]


Summary

CrossPurpose is a non-profit organization abolishing relational, economic, and spiritual poverty through career and community development.


Contact information

Mailing address:
CrossPurpose
3050 Richard Allen Ct
Denver, CO 80205

Website: crosspurpose.org

Phone: 720-724-9544

Email: [email protected]


Organization details

EIN: 463862392

CEO/President: Jason Janz

Chairman: Sawyer Gordon

Board size: 9

Founder:

Ruling year: 2014

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2019


Purpose

CrossPurpose is a career and community development program for motivated people who want to grow personally and succeed professionally.


Mission statement

The mission of CrossPurpose is to abolish economic, spiritual, and relational poverty through career and community development.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating1040 of 1107101 of 114
Fund acquisition rating1020 of 110897 of 114
Resource allocation rating993 of 110895 of 114
Asset utilization rating734 of 110773 of 114

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%15%11%10%13%9%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%15%10%10%12%8%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%100%88%98%93%96%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%14%12%14%14%10%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%0%12%2%7%4%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%72%74%72%74%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%111%79%75%88%82%
Program output ratio Program output ratio =
Program services /
Total revenue
82%80%58%55%65%66%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%-11%21%25%12%18%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
1%-16%27%30%13%26%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%14%14%14%12%10%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.930.860.860.720.760.92
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.802.651.421.471.932.26
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.092.281.231.051.472.08
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.567.2114.4716.426.281.84
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.140.070.060.160.54
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.534.539.1010.696.852.64
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
11%48%16%22%15%25%
Debt ratio Debt ratio =
Debt /
Total assets
0%42%11%13%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
84%61%97%109%111%82%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$2,908,485$3,612,110$3,580,979$2,224,179$2,094,244
Receivables, inventories, prepaids$874,196$1,698,709$478,869$131,220$46,967
Short-term investments$1,342,287$1,420,876$1,148,998$188,854$7,820
Other current assets$0$0$0$0$0
Total current assets$5,124,968$6,731,695$5,208,846$2,544,253$2,149,031
Long-term investments$11,259$235,640$225,979$180,447$187,055
Fixed assets$4,702,013$2,461,551$2,222,887$2,190,918$2,510,967
Other long-term assets$3,752,246$152,039$0$0$0
Total long-term assets$8,465,518$2,849,230$2,448,866$2,371,365$2,698,022
Total assets$13,590,486$9,580,925$7,657,712$4,915,618$4,847,053
 
Liabilities20232022202120202019
Payables and accrued expenses$710,861$465,178$317,275$211,470$968,290
Other current liabilities$0$0$0$193,392$200,000
Total current liabilities$710,861$465,178$317,275$404,862$1,168,290
Debt$5,650,000$1,026,000$1,026,000$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$124,133$38,706$342,840$342,141$35,161
Total long-term liabilities$5,774,133$1,064,706$1,368,840$342,141$35,161
Total liabilities$6,484,994$1,529,884$1,686,115$747,003$1,203,451
 
Net assets20232022202120202019
Without donor restrictions$4,584,022$4,699,704$4,881,782$4,012,701$3,594,900
With donor restrictions$2,521,470$3,351,337$1,089,815$155,914$48,702
Net assets$7,105,492$8,051,041$5,971,597$4,168,615$3,643,602
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$10,533,480$9,249,464$7,189,403$3,992,765$5,196,768
Program service revenue$37,526$1,132,675$18,633$273,565$215,142
Membership dues$0$0$0$0$0
Investment income($24,166)$66,071$82,603$1,790$1,729
Other revenue$21,399$24,841$8,467$6,656$13,368
Total other revenue$34,759$1,223,587$109,703$282,011$230,239
Total revenue$10,568,239$10,473,051$7,299,106$4,274,776$5,427,007
 
Expenses20232022202120202019
Program services$8,447,161$6,100,828$3,980,436$2,766,725$3,557,320
Management and general$1,644,500$1,127,410$769,345$450,716$454,620
Fundraising$1,594,231$1,031,691$741,954$532,322$451,954
Total expenses$11,685,892$8,259,929$5,491,735$3,749,763$4,463,894
 
Change in net assets20232022202120202019
Surplus (deficit)($1,117,653)$2,213,122$1,807,371$525,013$963,113
Other changes in net assets$0$0$0$0$0
Total change in net assets($1,117,653)$2,213,122$1,807,371$525,013$963,113

Compensation

NameTitleCompensation
Michael AnsleyDirector - Torch Technologies$233,185
Jason JanzPresident & CEO$175,825
Jennifer JanzChief Programs Officer$153,041
Mkale WarnerChief Operations Officer$139,384
Casey JohnsChief Development Officer$136,935
Scott LanzenChief Financial Officer$130,252
Cara HambrickChief of Staff$108,183

Compensation data as of: 12/31/2023


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 7/5/2024. To update the information below, please email: [email protected]


History

The journey began with the founding of Providence Bible Church, where one of the values was that all members be involved in the community, modeling the life of Jesus by loving our neighbors through self-sacrifice.

As a result, Providence started ministries to single moms, men and women leaving incarceration, refugees, and families in poverty. All of these aligned with a desire to go to the redemptive edge and walk alongside people society had left behind.

Several members of the founding team took jobs in local schools to serve and learn and love their neighbors. After several years of this work, it became obvious that despite helping thousands of people, there was a lack of transformational change.

The problem was not with our neighbors, it was with us.

We mistakenly thought that providing relief in the form of food, clothing, backpacks, computer labs, Christmas gifts, and turkey dinners was the solution. Truthfully, the system that created conditions which caused poverty to spread needed expensive love. We were convicted by the thought that the biblical idea of justice was helping the neighbor until the need was completely met.

THE NONPROFIT EMERGES

In 2012, we merged all of the ministries into a separate community development non-profit called Upstream Impact.

Instead of helping thousands, we focused on 19 families with the promise that if they put in the work, we would do all we could to not just help them in poverty, but to help them escape poverty for life.

We approached this challenge holistically because while poverty shows its effects financially, the solution is often relational and spiritual. This informed what is now the mission of CrossPurpose: "to abolish economic, relational, and spiritual poverty through career and community development."

To this end, we doubled down on building social capital with our families and lived by the maxim, "There is no significant change without a significant relationship." For the last ten years, our weekly family dinners have been the place where lifelong friendships have been formed between our families, volunteers, donors, and staff.

A FAITH-BASED APPROACH

In 2014, we started a faith-based non-profit that took the same model and incorporated faith elements into it. Over half of our neighbors come from a background of faith and is a vital part of how they view the world.

In 2016, we merged Upstream Impact and CrossPurpose into one organization and decided to be a faith-based organization, but to make faith development in the program optional with engagement opportunities provided outside of program hours. We believe this honors all people and creates an environment of radical inclusivity and respect.

CROSSPURPOSE TODAY

In 2017, we received a building to lease for $1/year. With an extensive remodel, this became our beautiful Northeast Denver headquarters designed with and for the community. We believe that space matters and we desire that when our neighbors come through the doors, we look like part of the solution, not part of the problem.

In 2020, we completed our first five-year plan and saw 1,000 men, women, and children escape poverty.

At the start of 2021, we launched our second five-year plan which includes scaling to four locations (Northeast Denver, Englewood, Arvada, and Aurora) serving a total of 800 families per year. By the end of 2025, our dream is to see a total of 5,000 Denver neighbors break out of poverty and achieve their dreams.

Since the founding days, God has blessed the ministry and we've seen radical transformation in our own lives. Our tagline is "Live Different Together." The work we do is hard and also deeply rewarding, and we're not going anywhere. Our sole focus is to build a legacy institution of excellence serving thousands of neighbors for decades to come.


Program accomplishments

See impact report at https://www.crosspurpose.org/impact/


Needs

Visit: https://www.crosspurpose.org/give/