Nonprofit · EIN 99-3164735
CROSSSEED INC
Tax-exempt · TULSA, OK 74137
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $121,856,012 | $106,498 | $121,749,514 | $122,057,378 | $307,864 | $121,749,514 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $120,001,000
- Program service revenue
- $0
- Investment income
- $580,860
- Net rental income
- $1,274,152
- Other revenue
- $1,274,152
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $86,249
- Travel
- $10,684
- Depreciation
- $187
- Management and general (functional)
- $106,498
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $122,057,378
- Total liabilities, end of year
- $307,864
- Net assets, end of year
- $121,749,514
- Land, buildings and equipment
- $40,447,989
- Net assets without donor restrictions
- $121,749,514
- Gross receipts
- $123,790,109
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2024
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FLOYD BUNKER SESSIONS JR | PRESIDENT Officer | 16 | $0 |
| ERIC MILLINGTON | SECRETARY Officer | 8 | $0 |
| MATTHEW W CROUCH | BOARD MEMBER Officer | 0 | $0 |
| FRANK J AMEDIA | BOARD MEMBER Officer | 0 | $0 |
| COLBY M MAY | BOARD MEMBER Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2448 E 81ST ST STE 900, TULSA, OK 74137-4217
- Principal officer (990 for 2024)
- FLOYD BUNKER SESSIONS JR, 10711 S NANDINA CT, JENKS, OK 74037
- Signed the 990
- FLOYD BUNKER SESSIONS JR, PRESIDENT
- Phone
- (918) 671-6700
- Return prepared by
- CRI ADVISORS LLC
Mission
TO SHARE THE GOSPEL OF JESUS CHRIST BY PROVIDING FINANCIAL SUPPORT TO OTHER NON-PROFIT RELIGIOUS ORGANIZATIONS.
Program accomplishments
- CROSSSEED USED ITS RESOURCES TO BACKSTOP TBN MINISTRIES LIQUIDITY CHALLENGES THROUGH THE PURCHASE OF ASSETS AND CERTAIN LOAN INSTRUMENTS. PURCHASE OF QUORUM CENTER $54M, PURCHASE OF BAY COLONY $16M, LOC TO PURE NODAL $1.5M, AND CONVERTIBLE NOTE TO MERIT STREET MEDIA $25M.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-3164735
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $122,057,378
- Income (IRS master file)
- $123,790,109
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $121,856,012 | $106,498 | $122,057,378 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 99-3164735).
Questions about CROSSSEED INC
- What is the EIN of CROSSSEED INC?
- The employer identification number (EIN) of CROSSSEED INC is 99-3164735.
- Is CROSSSEED INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to CROSSSEED INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CROSSSEED INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CROSSSEED INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CROSSSEED INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CROSSSEED INC?
- The 990 for the year ended December 31, 2024 names FLOYD BUNKER SESSIONS JR.
- Who are the officers and directors of CROSSSEED INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does CROSSSEED INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $121,856,012, expenses of $106,498 and total assets of $122,057,378 at year end.
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All nonprofits in TULSA · Oklahoma · Philanthropy, voluntarism and grantmaking foundations