Crossroads Early Learning Center II INC EIN 30-0710708 Form 990 (PDF) Claim this org

Crossroads Early Learning Center II INC FY2021 filing

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Provides a safe, fun, and challenging environment for children to learn and grow. For fiscal year 2021 it reported $824K in revenue, $804K in expenses, and $196K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Houston, TX
Website
www.crossroadselc.com
Filings
5 on file (2020–2021)
Revenue
$824KFY2021
Expenses
$804K
Net assets
$196K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  30-0710708 Public charity (501(c)(3)) Houston, TX
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Provides a safe, fun, and challenging environment for children to learn and grow.
Leadership
Melissa Allard · School Direc · $73K
Money in and out
$824K revenue, $804K expenses
Bottom line
84% program efficiency
Where the money goes · FY2021
Total revenue
$824K
Pt VIII · Ln 12
Total expenses
$804K
Pt IX · Ln 25
Net assets
$196K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $20K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.16
Program efficiency
84%
of spending reaches programs
Operating runway
2.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$824K
FY2021▼ -3%
Expenses
$804K
FY2021▲ +1.0%
Total assets
$230K
FY2021▲ +6%
Total liabilities
$34K
FY2021▼ -15%
Total revenue
$824K
Pt VIII · Ln 12
Total expenses
$804K
Pt IX · Ln 25
Net assets
$196K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$20K
Total assetsPt X · Ln 16$230K
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCrossroads Early Learning Center II INC
EINHdr · item D30-0710708
Principal addressHdr · item CHouston, TX
WebsiteHdr · item Jwww.crossroadselc.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFSep 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
School Direc
$73,058Pt VII · Sec A
Board Member
$975Pt VII · Sec A
Board Chairm
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Melissa Allard$74,096$86,608$95,023$73,058$67,768
Barry Hicks$998$975

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $676K of program spending, described in the organization's own filed words · FY2021.
01

Crossroads early learning center (celc) values raising up the next generation for jesus christ. The staff of celc are passionate about fostering a love for learning that will last a lifetime.

$676Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$717K · 87%
Contributions & grants$107K · 13%
Program service revenue87%$717K
Contributions & grants13%$107K
— government grantsLn 1e$107K
Total revenueLn 12$824K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.16
Program services84%$676K
Management & general16%$128K
Total functional expensesLn 25$804K

Balance Sheet

Part X · end of year
CashLn 1$147K
Total assetsLn 16$230K
Total liabilitiesLn 26$34K
Total net assetsLn 32$196K
Months of cash on handcomputed2.2

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $147K · Operating expenses/yr $804K
2.2 months
Where the money goes
Program services
Program services $676K · Total expenses $804K
84%
Management & General
Management & general $128K · Total expenses $804K
16%
Fundraising
Fundraising $0 · Total expenses $804K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $107K · Total revenue $824K
13%
Government reliance
Government grants $107K · Total revenue $824K
13%
Earned-income share
Program service revenue $717K · Total revenue $824K
87%
Investment reliance
Investment income $0 · Total revenue $824K
0%
Program self-sufficiency
Program service revenue $717K · Total expenses $804K
89%
Growth & trend
Revenue growth (YoY)
This year $824K · Prior year $852K
-3%
Net-asset trend (YoY)
End of year $196K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $824K · Expenses $804K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $230K
Net-asset ratio
Net assets $196K · Total assets $230K
85%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $230K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Melissa Allard · Reported title SCHOOL DIREC · Highest reported compensation $73K · Total expenses $804K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $528K · Total expenses $804K
66%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 16%
Fundraising cost ratio 0%
Revenue growth -3%
Accounting fee ratio 0.5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $100K · 2024–2024

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$904K revenue · ⤓ 990 PDF
FY2023$1.1M revenue · ⤓ 990 PDF
FY2022$1.2M revenue · ⤓ 990 PDF
FY2021$824K revenue · viewing · ⤓ 990 PDF
FY2020$852K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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