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EIN 14-1989435

Powercross

IRS 501(c) type
501(c)(3)
Num. employees
22
City
Statesville
State
North Carolina
Year formed
2010
Most recent tax filings
2022-08-01
NTEE code, primary
X20: Christian
Description
Powercross spreads the word of Christ through athletic outreach, life skills training, and transitional homes for homeless families in Statesville.
Also known as...
Power Cross Ministries
Total revenues
$2,992,363
2022
Total expenses
$2,251,460
2022
Total assets
$3,070,299
2022
Num. employees
22
2022

Program areas at Powercross

Power Cross provides free hot meals daily to young men in our community who primarily live in food insecure homes. We served approximately 81,000 free meals in 2020-2021.
Athletic Training and Development- We provide athletic teams and training for young men in baseball, basketball, wrestling, and football. Providing training, equipment, assistance with recruiting and free camps and clinics year round.
Transportation- A key portion of the Power Cross program is providing transportation to our participants. The fleet managment of Power Cross provides thousands of miles of transportation annually.
Academic Support- Power Cross provides weekly academic support year round, and also college prep courses.
House of Grace- Power Cross has 3 transitional homes to assist our families who are homeless in redirecting their lives and providing them with shelter and guidance. Families apply to live in the home and receive life skill development and Christian mentoring to get back on their feet.
Emergency Family Assistance- occasionally there is an immediate need that Power Cross can fill for our families. Typically these are bills that are past due and services that are in danger of being terminated.
Power Cross Christmas Party-We rent our local civic center and provide Christmas Dinner for all of the member of our ministry and their family. We average between 600-700 guest. We provide gifts for all children in attendance and an evangelist speaks.
Bible Study and Discipleship of the community and PC Participants
High School Recruiting and College Preparation Skill Development. Support of Alumni in college.
Staff Development and Spiritual Wellness
Capitol Projects of Football Field Installation and Facility Renovations
Staff Pay
Contractor Pay
Payroll /taxes
Accounting
Advertising & Marketing
Office Expenses
Information Technology- Cell Phones, Internet, Softwares
Occupancy- Owner Financing Payment, Utilities
Travel
Insurance
Alarm Service
General Maintenance of buildings & landscaping
Depreciation

Who funds Powercross

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$100,000
Cline Family Foundation (CFF)General Purpose$56,000
The Troon FoundationTo Fund Transportation Needs and Staffing Support.$50,000
...and 13 more grants received

Personnel at Powercross

NameTitleCompensation
Matt MurdockDaily Operations Director$45,000
Corey PerrySalisbury Site Director$24,670
Natalie StormentFounder , Daily Operations$45,000

Financials for Powercross

RevenuesFYE 08/2022
Total grants, contributions, etc.$2,970,903
Program services$0
Investment income and dividends$9,161
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$12,299
Total revenues$2,992,363

Form 990s for Powercross

Fiscal year endingDate received by IRSFormPDF link
2021-082022-01-04990View PDF
2020-082021-04-06990View PDF
2019-082020-09-18990View PDF
2018-082019-05-14990View PDF
2017-082018-04-10990View PDF
...and 12 more Form 990s
Data update history
August 19, 2023
Received grants
Identified 10 new grant, including a grant for $56,000 from Cline Family Foundation (CFF)
May 11, 2023
Received grants
Identified 2 new grant, including a grant for $3,000 from The Bolick Foundation
August 16, 2022
Posted financials
Added Form 990 for fiscal year 2021
August 9, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 3, 2022
Received grants
Identified 1 new grant, including a grant for $10,000 from The James W Davis Foundation
Nonprofit Types
Charities
Issues
ReligionHomelessness
Characteristics
ReligiousChristianState / local levelTax deductible donations
General information
Address
1133 W Front St
Statesville, NC 28677
Metro area
Charlotte-Concord-Gastonia, NC-SC
County
Iredell County, NC
Website URL
powercross.org/ 
Phone
(704) 380-3001
IRS details
EIN
14-1989435
Fiscal year end
August
Taxreturn type
Form 990
Year formed
2010
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
X20: Christian
NAICS code, primary
813110: Religious Organizations
Parent/child status
Independent
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