Quick charity verification for Threshold Coc (EIN: 113788955)
Verdict: Threshold Coc appears trustworthy
70/100Mission Score
$13.5MRevenue
$6.2MAssets
4Red Flags
3Strengths
Red Flags
Extreme revenue and expense volatility year-over-year, making financial planning and sustainability uncertain.
Expenses frequently exceeding revenue, as seen in 2023 ($9.4M expenses vs. $9.1M revenue) and 2022 ($67.7M expenses vs. $66.1M revenue), indicating potential operating deficits.
Unusually high liabilities in 2022 ($4.01 million) relative to assets, though significantly reduced in 2023.
Consistent 0% officer compensation reported, which is atypical for an organization of this size and could indicate unreported compensation or an unsustainable operational model.
Strengths
No reported officer compensation, suggesting a strong commitment to directing funds towards the mission rather than executive salaries.
Significant asset base, with assets of $5.5 million in 2023, providing some financial stability.
Demonstrated capacity to manage large-scale operations, as evidenced by multi-million dollar revenues and expenses in prior years.
Spending Breakdown
How Threshold Coc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Threshold Coc
Is Threshold Coc a legitimate charity?
Based on AI analysis of IRS 990 filings, Threshold Coc (EIN: 113788955) appears trustworthy. Mission Score: 70/100. 4 red flags identified, 3 strengths noted.
Is Threshold Coc a good charity to donate to?
Threshold Coc has a Mission Score of 70/100. Revenue: $13.5M. Assets: $6.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Threshold Coc?
The Employer Identification Number (EIN) for Threshold Coc is 113788955. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Threshold Coc spend its money?
Threshold Coc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Threshold Coc's tax-exempt status?
You can verify Threshold Coc's tax-exempt status using EIN 113788955 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Threshold Coc demonstrates significant volatility in its financial operations over the past few years. While the organization reported substantial revenue in 2021 and 2022, reaching highs of $47 million and $66 million respectively, its latest filing for 2023 shows a sharp decline to $9.1 million. This fluctuation, coupled with expenses frequently exceeding revenue (e.g., $9.4 million expenses vs. $9.1 million revenue in 2023, and $67.7 million expenses vs. $66.1 million revenue in 2022), suggests potential challenges in consistent financial management and sustainability. The organization's assets have also shown considerable variation, peaking at nearly $7 million in 2022 and settling at $5.5 million in 2023.
The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency, indicating that no compensation is paid to officers, directors, trustees, or key employees. This practice can be viewed positively regarding resource allocation directly to the mission. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging. The significant swings in revenue and expenses warrant closer examination to understand the underlying operational dynamics and long-term financial stability.