Is The Threshold Foundation Legit?

The Threshold Foundation demonstrates a generally healthy financial position, with recent filings showing strong revenue growth and a positive net income. In 2023, the organization reported revenue of $5,954,700 against expenses of $3,222,534, resulting in a substantial surplus that contributed to an increase in assets to $7,467,276. This marks a significant improvement from previous years, such as 2022, where expenses ($2,742,344) exceeded revenue ($2,406,794). The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to minimizing administrative overhead related to executive pay, enhancing its spending efficiency. While specific program spending ratios are not detailed in the provided data, the absence of executive compensation suggests a focus on directing funds towards its mission. The organization's asset base has shown consistent growth over the past decade, from $4,123,607 in 2014 to $7,467,276 in 2023, indicating sound financial management and accumulation of resources. Liabilities have remained relatively low compared to assets, further reinforcing financial stability. The consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to transparency, providing a clear historical record of its financial activities. Overall, The Threshold Foundation appears to be a financially stable and transparent organization, effectively managing its resources and growing its asset base.