CrossPurpose

The information on this page was last updated 2/20/2023. 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: 10

Founder:

Ruling year: 2014

Tax deductible: Yes

Fiscal year end:

Member of ECFA: Yes

Member of ECFA since: 2019


Purpose

In 2008, about a dozen people organized around a passion to live out their faith differently. They felt deeply burdened and convicted about doing a deep walk with the poor to engage areas of their faith they believed were dormant. As one of our founders said, "We started this to save our own souls."

That core group sought to answer to the question,

"What would it be like if we gave the best 30 years of our lives to one mission with one people in one place?"

So, they made an all-in commitment to the neighborhood of Northeast Denver to plant deep roots and model a ministry of longevity and lasting impact.


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

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating895 of 110490 of 122
Fund acquisition rating928 of 110593 of 122
Resource allocation rating805 of 110593 of 122
Asset utilization rating542 of 110459 of 122

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%11%10%13%9%5%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%10%10%12%8%5%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%88%98%93%96%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%12%14%14%10%12%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%12%2%7%4%0%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%74%72%74%80%70%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%79%75%88%82%42%
Program output ratio Program output ratio =
Program services /
Total revenue
75%58%55%65%66%29%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%21%25%12%18%58%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%27%30%13%26%91%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%14%14%12%10%17%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.840.860.720.760.920.49
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.741.421.471.932.262.64
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.721.231.051.472.081.30
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.0714.4716.426.281.842.52
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.070.060.160.540.40
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.279.1010.696.852.645.59
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%16%22%15%25%25%
Debt ratio Debt ratio =
Debt /
Total assets
0%11%13%0%0%10%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
101%97%109%111%82%153%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$3,612,110$3,580,979$2,224,179$2,094,244$1,124,517
Receivables, inventories, prepaids$1,698,709$478,869$131,220$46,967$223,798
Short-term investments$1,420,876$1,148,998$188,854$7,820$0
Other current assets$0$0$0$0$0
Total current assets$6,731,695$5,208,846$2,544,253$2,149,031$1,348,315
Long-term investments$235,640$225,979$180,447$187,055$0
Fixed assets$2,461,551$2,222,887$2,190,918$2,510,967$2,206,353
Other long-term assets$152,039$0$0$0$9,845
Total long-term assets$2,849,230$2,448,866$2,371,365$2,698,022$2,216,198
Total assets$9,580,925$7,657,712$4,915,618$4,847,053$3,564,513
 
Liabilities20222021202020192018
Payables and accrued expenses$465,178$317,275$211,470$968,290$534,024
Other current liabilities$0$0$193,392$200,000$0
Total current liabilities$465,178$317,275$404,862$1,168,290$534,024
Debt$1,026,000$1,026,000$0$0$350,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$38,706$342,840$342,141$35,161$0
Total long-term liabilities$1,064,706$1,368,840$342,141$35,161$350,000
Total liabilities$1,529,884$1,686,115$747,003$1,203,451$884,024
 
Net assets20222021202020192018
Without donor restrictions$4,699,704$4,881,782$4,012,701$3,594,900$2,115,038
With donor restrictions$3,351,337$1,089,815$155,914$48,702$565,451
Net assets$8,051,041$5,971,597$4,168,615$3,643,602$2,680,489
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$9,249,464$7,189,403$3,992,765$5,196,768$4,185,357
Program service revenue$1,132,675$18,633$273,565$215,142$8,299
Membership dues$0$0$0$0$0
Investment income$66,071$82,603$1,790$1,729$327
Other revenue$24,841$8,467$6,656$13,368$1,991
Total other revenue$1,223,587$109,703$282,011$230,239$10,617
Total revenue$10,473,051$7,299,106$4,274,776$5,427,007$4,195,974
 
Expenses20222021202020192018
Program services$6,100,828$3,980,436$2,766,725$3,557,320$1,229,288
Management and general$1,127,410$769,345$450,716$454,620$302,897
Fundraising$1,031,691$741,954$532,322$451,954$216,994
Total expenses$8,259,929$5,491,735$3,749,763$4,463,894$1,749,179
 
Change in net assets20222021202020192018
Surplus (deficit)$2,213,122$1,807,371$525,013$963,113$2,446,795
Other changes in net assets$0$0$0$0$0
Total change in net assets$2,213,122$1,807,371$525,013$963,113$2,446,795

Compensation

NameTitleCompensation
Jason JanzPresident &$185,577

Compensation data as of: 12/31/2022


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 2/20/2023. 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


Needs

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