Crossfire Ministries Inc

Nonprofit profile at a glance

EIN
841295381
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Colorado Springs, CO, USA
Phone
7194471806
Rating
92
Verdict
STRONG
Rating confidence
Standard
Sector
Protestant
Affiliation
Christianity

Official website

Reported finances

Revenue
$8,250,324
Expenses
$8,156,440
Assets
$7,667,932
Liabilities
$20,895

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Debbie O'Toole (President)
  • Joel Malick (Vice President)
  • Renee Beebe (Executive Director)

Highest reported compensation

  • Renee Beebe (Executive Director): $76,119 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Crossfire is a compassion ministry that helps the working poor, underemployed, seniors, single parents, military families and the homeless in the Pike Peak Region by providing food, clothing, personal hygiene items & household necessities to anyone in need.

What it reported doing in 2024

Additional services and assistance: We were able to provide 538,314 personal hygiene items such as shampoo, deodorant, toilet paper, soap, toothpaste, and toothbrushes; 12,000 backpacks filled with school supplies were distributed to children headed back to school. This was a collaborative effort with CosILoveYou, Discovery Church, Mercy's Gate, Community donors, other local churches, businesses, and organizations. 152 families we sponsored for Christmas where we gifted everyone in the household with gifts, including parents and guardians, children and even gave household appaliances to families as needed. 2,759 blankets were distributed and 4,860 Bibles. All of the operations are carried out by volunteers with the exception of one full-time (executive director) and 5 part-time paid staff. We logged approximately 106,000 volunteer hours. These hours are valued at $3,642,160 (Colorado assigns the value of $34.36 per volunteer hour).

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 93% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 100
  • Accountability: 83
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.5%; rating input score 95
  • Program expense ratio: 95.6%; rating input score 96
  • Fundraising efficiency: $513.87 raised per $1 spent on fundraising; rating input score 96; 96th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 43rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 71.4%; rating input score 71; 12th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.1%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 0.94; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 90; 90th percentile among comparable filings
  • Officer compensation ratio: 0.9%; rating input score 80; 80th percentile among comparable filings

Growth

  • Program expense growth: 8.6% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 10.4% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 18.3% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 94.5% of revenue deployed · 95.6% of spending went to programs
  • Governance: 5 of 7 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $7.8M in reported program spending
  • Leadership: top reported pay $76K · 8 people listed
  • Consistency: 36 of 36 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 38/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.