Crossroads at Delta Memory FY2021 filing

Tax-deductible

Delta, CO501(c)(3)Since 2014EIN 47-1262846

Operation of a Memory Care Assisted Living Facility

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $99K a year · 7% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.5M
110% of total assets
Concern: liabilities are 110% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 7 voting members
Worth a look: 3 of 7 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$849K
-28% vs prior year
Spent
$882K
To programs
100%
Net assets
−$321K
By yearFY2020–FY2025
Revenue
$849K
FY2021▼ -28%
Revenue by fiscal year
FY2020$1.2M
FY2021$849K
FY2022$1.2M
FY2023$1.5M
FY2024$2.0M
FY2025$2.1M
Expenses
$882K
FY2021▼ -16%
Expenses by fiscal year
FY2020$1.0M
FY2021$882K
FY2022$1.0M
FY2023$1.4M
FY2024$2.0M
FY2025$1.8M
Net assets
−$321K
FY2021▼ -11%
Net assets by fiscal year
FY2020−$288K
FY2021−$321K
FY2022−$174K
FY2023−$100K
FY2024−$86K
FY2025$166K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $882K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Regional VP
$0Pt VII · Sec A
Secretarycoo
$0Pt VII · Sec A
VP of Finance
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Crossroads at Delta Memory executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Provides memory care and assisted living services for seniors.

Provided by the organization

This section is blank until Crossroads at Delta Memory claims this page.

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1 program service account for $882K of program spending, described in the organization's own filed words · FY2021.
01

Operation of a Memory Care Assisted Living Facility

$882Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$849K
Ln 12
Fees for servicesLn 2g$847K
Investment incomeLn 3$1K
Gifts and grantsLn 1h$74
Money outPt IX
$882K
Ln 25
Programscol B$882K
Owns and owesPt X
−$321K
net assets · Ln 32
Cash and savingsLn 1–2$237K
Total assetsLn 16$3.2M
LiabilitiesLn 26$3.5M
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$74
Government grantsLn 1e$74
Fees for servicesLn 2g$847K
Investment incomeLn 3$1K
Total revenueLn 12$849K
Assets in detailPt X, end of year
CashLn 1$237K
Cash and savings togetherLn 1–2$237K
Land, buildings, equipmentLn 10c$2.9M
Total assetsLn 16$3.2M
LiabilitiesLn 26$3.5M
Net assetsLn 32−$321K
OperationsPt I, VI
EmployeesI 547
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$551K$237K
Land, buildings, equipmentLn 10c$3.1M$2.9M
Total assetsLn 16$3.6M$3.2M
LiabilitiesLn 26$3.9M$3.5M
Net assetsLn 32−$288K−$321K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$335K$335K
Pension plan contributionsLn 8$497$497
Other employee benefitsLn 9$8K$8K
Payroll taxesLn 10$25K$25K
Legal feesLn 11b$584$584
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$4K$4K
Advertising and promotionLn 12$8K$8K
Office expensesLn 13$8K$8K
Information technologyLn 14$5K$5K
OccupancyLn 16$67K$67K
InterestLn 20$146K$146K
Depreciation, depletion and amortizationLn 22$156K$156K
InsuranceLn 23$37K$37K
Other expenses (24a–d)Ln 24$54K$54K
All other expensesLn 24e$23K$23K
Total functional expensesLn 25$882K$882K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.1M$1.8M$252K$166K 990 PDF
FY2024 $2.0M$2.0M$14K−$86K 990 PDF
FY2023 $1.5M$1.4M$75K−$100K 990 PDF
FY2022 $1.2M$1.0M$147K−$174K 990 PDF
FY2021 Viewing $849K$882K−$33K−$321K 990 PDF
FY2020 $1.2M$1.0M$138K−$288K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $848,862 across 5 lines filed
VIII-1e Government grants$74
VIII-1h Total contributions, gifts and grants$74
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $847,342$847,342
VIII-3 Investment incomeRelated to mission $1,446$1,446
VIII-12 Total revenueRelated to mission $848,788 · Unrelated business $0 · Excluded from tax $0$848,862
Part IX · Statement of functional expenses $881,767 across 16 lines filed
IX-7 Other salaries and wagesPrograms $335,353$335,353
IX-8 Pension plan contributionsPrograms $497$497
IX-9 Other employee benefitsPrograms $8,478$8,478
IX-10 Payroll taxesPrograms $24,588$24,588
IX-11b Legal feesPrograms $584$584
IX-11c Accounting feesPrograms $3,000$3,000
IX-11g Other fees for servicesPrograms $3,794$3,794
IX-12 Advertising and promotionPrograms $7,532$7,532
IX-13 Office expensesPrograms $8,118$8,118
IX-14 Information technologyPrograms $5,216$5,216
IX-16 OccupancyPrograms $67,363$67,363
IX-20 InterestPrograms $146,433$146,433
IX-22 Depreciation, depletion and amortizationPrograms $156,464$156,464
IX-23 InsurancePrograms $37,030$37,030
IX-24 Other expenses (24a–d)Programs $54,178$54,178
IX-24e All other expensesPrograms $23,139$23,139
IX-25 Total functional expensesPrograms $881,767 · Management $0 · Fundraising $0$881,767
Part X · Balance sheet $3,173,284 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $550,802$237,015
X-4 Accounts receivableStart of year $13,090$9,092
X-9 Prepaid expenses and deferred chargesStart of year $21,991$27,198
X-10c Land, buildings and equipment, netStart of year $3,054,970$2,898,506
X-14 Intangible assetsStart of year $3,080$1,473
X-16 Total assetsStart of year $3,644,090$3,173,284
X-17 Accounts payable and accrued expensesStart of year $181,931$294,030
X-25 Other liabilitiesStart of year $1,000,000$450,000
X-26 Total liabilitiesStart of year $3,931,931$3,494,030
X-27 Net assets without donor restrictionsStart of year −$287,841−$320,746
X-32 Total net assets or fund balancesStart of year −$287,841−$320,746
X-33 Total liabilities and net assetsStart of year $3,644,090$3,173,284
Part XI · Reconciliation of net assets −$320,746 net assets at year end
XI-1 Total revenue$848,862
XI-2 Total expenses$881,767
XI-3 Revenue less expenses−$32,905
XI-4 Net assets at start of year−$287,841
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$320,746

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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