Crosswater Canyon Inc is a 501(c)(3) organization based in Petersburg, Kentucky, registered in 2013, with $74,260,393 in FY2024 revenue. CharityIndex grades it B+, and it directs about 70% of spending to programs.
Revenue (FY2024)
$74.3M
▲ 99.1% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$62.5M
Net assets
$82.3M
Employees
1,553
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Crosswater Canyon Inc: 70% to programs · $41 to raise $100 earns a B on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Crosswater Canyon Inc: 16 mo reserves · +16% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Crosswater Canyon Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Crosswater Canyon Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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To operate for the benefit of, and to support the mission and purposes of, answers in genesis, inc.
Distributions of related literature, dvds, instructional material, and related merchandise.
Revenue grew from $12.6M (FY2013) to $74.3M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
15.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$151.4M
Total liabilities
$69.1M
Net assets
$82.3M
Salaries & benefits
$21.7M
35% of expenses
Board members
4
4 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $74,260,393▲99.1% | $62,509,350▲110% | $82,254,686▼0.7% | $151,403,759▲14.6% | 990 |
| 2023 | $37,293,821▼42.0% | $29,810,804▼48.3% | $82,861,876▲9.9% | $132,165,664▲3.7% | 990 |
| 2022 | $64,249,125▲1.2% | $57,605,562▲8.4% | $75,378,859▲9.6% | $127,432,312▼21.0% | 990 |
| 2021 | $63,503,906▲24.2% | $53,161,181▲21.5% | $68,795,296▲17.7% | $161,272,801▲12.5% | 990 |
| 2020 | $51,141,764▲18.9% | $43,749,131▼1.2% | $58,452,571▲14.5% | $143,360,775▲9.4% | 990 |
| 2019 | $43,029,126▼12.6% | $44,283,900▲0.5% | $51,059,938▼2.4% | $131,093,453▼1.7% | 990 |
| 2018 | $49,237,823▼5.8% | $44,075,588▲12.1% | $52,314,712▲10.9% | $133,325,244▲9.5% | 990 |
| 2017 | $52,244,723▼6.6% | $39,309,797▲15.7% | $47,152,481▲37.8% | $121,812,272▲4.4% | 990 |
| 2016 | $55,939,226▲344% | $33,971,567▲167% | $34,217,555▲179% | $116,646,891▲17.7% | 990 |
| 2015 | $12,608,257▲89.4% | $12,717,168▲223% | $12,249,896▼0.9% | $99,091,399▲25.3% | 990 |
| 2014 | $6,656,798▼47.1% | $3,940,153▼43.0% | $12,358,807▲28.2% | $79,085,397▲24.7% | 990 |
| 2013 | $12,585,353 | $6,907,739▲236% | $9,642,162▲143% | $63,410,360▲366% | 990 |
| 2012 | — | $2,054,251▲24.4% | $3,964,548▲218% | $13,615,188▲37.8% | 990 |
| 2011 | — | $1,651,654 | $1,246,375 | $9,879,392 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Adam Heinlein | Board Chairp | 5 | — |
| Craig Baker | Board Member | 5 | — |
| John Pence | Secretary/ C | 10 | — |
| Judge Darrell White | Vice Chairpe | 5 | — |
| Michael Zovath | Chief Action | 40 | — |
| Nate Kellum | Board Member | 5 | — |
| Scott Fetzer | Treasure/cfo | 10 | — |
| Contractor | Services | Paid |
|---|---|---|
| Mark Spaulding Construction Co | Construction | $4,887,865 |
| George W Reagan Company Inc | Construction | $3,664,808 |
| Joseph David Advertising LLC | Marketing | $3,275,000 |
| Kingdom Productions Inc | Construction | $3,253,663 |
| Croswell of Williamsburg LLC | Transportation | $3,029,930 |
3 grants to Crosswater Canyon Inc totaling $9.2M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Christian Community Foundation Inc | General support | 2016 | $205,000 |
| Christian Community Foundation Inc | Answers in genesis-ark encounter matching gift | 2015 | $2,000,000 |
| National Christian Charitable Foundation | Christian discipleship | 2014 | $7,000,000 |
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Data for Crosswater Canyon Inc (EIN 27-4026852) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.