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POWERCROSS

EIN 14-1989435 STATESVILLE, NC

Revenue 2024
$4,442,816
Expenses 2024
$3,470,995

Program services were 79.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
X20
Classification
1000
Street
1133 W FRONT ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

To spread the life changing word of Christ into our community utilizing a variety of resources to have a far reach and broad impact.

Activities or mission (Part I)

Building up young men from generational poverty into spiritual leaders through Jesus with daily discipleship and athletics.

  • Power Cross provides free hot meals daily to young men in our community who primarily live in food insecure homes. We served approximately 80,000 free meals in 2024/2025

    Expenses $225,569

  • Discipleship, Mentorship, Academic and Youth Development Power Cross provides consistent faith-based outreach, Christian discipleship, mentorship, academic support, tutoring, and leadership development for young men, particularly those from underserved communities and generational poverty. Participants are surrounded by positive role models and a structured community focused on spiritual growth, character, accountability, academic development, and preparation for college, career, and adult leadership.

    Expenses $995,164

  • Athletic Training and Development Power Cross uses athletics as a consistent engagement and development platform. The ministry provides coaching, training, teams, equipment, athletic development, camps, clinics, recruiting support, and college-preparation opportunities integrated with discipleship and academic expectations. Direct 2025 athletic contracted costs were $1,106,732 and athletic development supplies and expenses were $255,548.

    Expenses $1,362,280

  • Christmas Party, Family Outreach, College Support, Career Development

    Expenses $172,918

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Jeff Storment

    Co-Founder

    Total calculated
    $114,137
    From this org
    $114,137
    From related orgs
    $0
    Other
    $0
    Hours/week
    65
  • Natalie Storment

    Co-Founder

    Total calculated
    $114,137
    From this org
    $114,137
    From related orgs
    $0
    Other
    $0
    Hours/week
    65
  • Lorie Fees

    Director of Major Gifts

    Total calculated
    $82,000
    From this org
    $82,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • William Sherard

    Director of Discipleship

    Total calculated
    $61,000
    From this org
    $61,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Matthew Redmond

    Board of Directors

    Total calculated
    $0
    Hours/week
    2
  • KC Woody

    Board of Directors

    Total calculated
    $0
    Hours/week
    2
  • Kelly Howard

    Board of Directors

    Total calculated
    $0
    Hours/week
    4
  • Jack Boss

    Board of Directors

    Total calculated
    $0
    Hours/week
    2
  • Jeffrey Blair

    Board of Directors

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $4,442,816
    Expenses
    $3,470,995
    Contributions
    $4,332,574
    Grants paid
    $0
  • 2023
    Revenue
    $4,408,762
    Expenses
    $3,367,372
    Contributions
    $2,597,251
    Grants paid
    $0
  • 2022
    Revenue
    $2,585,114
    Expenses
    $2,254,890
    Contributions
    $2,585,114
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $2,992,363
    Expenses
    $2,251,460
    Assets (EOY)
    $3,070,299
  • 2020 · 990

    Revenue
    $1,772,233
    Expenses
    $1,375,952
    Assets (EOY)
    $903,252
  • 2019 · 990

    Revenue
    $1,575,016
    Expenses
    $1,494,502
    Assets (EOY)
    $772,677
  • 2018 · 990

    Revenue
    $1,233,805
    Expenses
    $1,067,244
    Assets (EOY)
    $530,645
  • 2017 · 990

    Revenue
    $912,874
    Expenses
    $925,810
    Assets (EOY)
    $364,084
  • 2016 · 990

    Revenue
    $744,792
    Expenses
    $686,896
    Assets (EOY)
    $377,020
  • 2015 · 990

    Revenue
    $506,755
    Expenses
    $472,691
    Assets (EOY)
    $305,399
  • 2014 · 990

    Revenue
    $420,892
    Expenses
    $389,557
    Assets (EOY)
    $271,335

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.