The Threshold Foundation
The Threshold Foundation shows strong revenue growth and asset accumulation with no reported executive compensation.
EIN: 133028214 · Brewster, NY · NTEE: Q40Z · Updated: 2026-03-28
Is The Threshold Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Threshold Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Threshold Foundation
The Threshold Foundation (EIN: 133028214) is a nonprofit organization based in Brewster, NY, classified under NTEE code Q40Z. The organization reported total revenue of $5.2M and total assets of $8.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Threshold Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Threshold Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The Threshold Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The Threshold Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of its size with assets exceeding $7 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Threshold Foundation's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data makes it difficult to fully assess programmatic efficiency.
- Consistent 0% officer compensation for an organization of this size is unusual and might warrant further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for The Threshold Foundation:
- Strong revenue growth in the latest filing (2023 revenue of $5,954,700).
- Healthy asset accumulation, growing from $4,123,607 in 2014 to $7,467,276 in 2023.
- Consistently reports 0% officer compensation, indicating high efficiency in executive overhead.
- Positive net income in the latest filing ($5,954,700 revenue vs. $3,222,534 expenses).
- Low liabilities relative to assets, indicating financial stability.
Frequently Asked Questions about The Threshold Foundation
Is The Threshold Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Threshold Foundation (EIN: 133028214) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does The Threshold Foundation spend its money?
The Threshold Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Threshold Foundation tax-deductible?
The Threshold Foundation is registered as a tax-exempt nonprofit (EIN: 133028214). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Threshold Foundation a good charity?
Based on the provided financial data, The Threshold Foundation appears to be a financially sound and transparent organization. It has shown strong revenue growth, healthy asset accumulation, and consistently reports 0% officer compensation, suggesting a high dedication of funds to its mission. However, without detailed program spending breakdowns, a full assessment of its programmatic impact is limited.
How has The Threshold Foundation's financial health changed over time?
The organization's financial health has significantly improved, particularly in the most recent filing (2023) where revenue ($5,954,700) substantially exceeded expenses ($3,222,534). This contrasts with several prior years, such as 2022, 2020, 2017, 2016, and 2014, where expenses were higher than revenue. Assets have also grown consistently from $4,123,607 in 2014 to $7,467,276 in 2023.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is highly significant. It means that the organization's officers are not receiving salaries or benefits, which can indicate a volunteer-led leadership or that compensation is covered by another entity. This practice can free up a substantial portion of funds to be directed towards programs and operations, enhancing spending efficiency.
Filing History
IRS 990 filing history for The Threshold Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), The Threshold Foundation's revenue has grown by 236.6%, moving from $1.8M to $6.0M. Total assets increased by 135% over the same period, from $3.2M to $7.5M. Total functional expenses rose by 83.1%, from $1.8M to $3.2M. In its most recent filing year (2023), The Threshold Foundation reported a surplus of $2.7M, with revenue exceeding expenses. The organization holds $174K in liabilities against $7.5M in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $7.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $6.0M | $3.2M | $7.5M | $174K | — | — |
| 2022 | $2.4M | $2.7M | $4.1M | $15K | — | View 990 |
| 2021 | $2.4M | $2.3M | $5.1M | $92K | — | View 990 |
| 2020 | $2.7M | $2.8M | $5.2M | $34K | — | View 990 |
| 2019 | $3.6M | $3.1M | $5.0M | $171K | — | View 990 |
| 2018 | $3.2M | $2.8M | $4.4M | $419K | — | View 990 |
| 2017 | $3.5M | $3.6M | $4.6M | $629K | — | View 990 |
| 2016 | $2.6M | $2.6M | $4.1M | $273K | — | View 990 |
| 2015 | $2.5M | $2.5M | $3.9M | $198K | — | View 990 |
| 2014 | $2.3M | $2.4M | $4.1M | $337K | — | View 990 |
| 2013 | $2.3M | $1.8M | $4.3M | $294K | — | View 990 |
| 2012 | $2.1M | $2.0M | $3.5M | $221K | — | View 990 |
| 2011 | $2.0M | $1.9M | $3.2M | $74K | — | View 990 |
| 2010 | $1.8M | $1.8M | $3.2M | $146K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.0M, expenses of $3.2M, and assets of $7.5M (revenue +147.4% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.7M, and assets of $4.1M (revenue +1.6% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.3M, and assets of $5.1M (revenue -12.1% year-over-year).
- 2020: Revenue of $2.7M, expenses of $2.8M, and assets of $5.2M (revenue -24.1% year-over-year).
- 2019: Revenue of $3.6M, expenses of $3.1M, and assets of $5.0M (revenue +12.1% year-over-year).
- 2018: Revenue of $3.2M, expenses of $2.8M, and assets of $4.4M (revenue -9.2% year-over-year).
- 2017: Revenue of $3.5M, expenses of $3.6M, and assets of $4.6M (revenue +34.4% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.6M, and assets of $4.1M (revenue +1.8% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.5M, and assets of $3.9M (revenue +9.2% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.4M, and assets of $4.1M (revenue -0.1% year-over-year).
- 2013: Revenue of $2.3M, expenses of $1.8M, and assets of $4.3M (revenue +14.0% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.0M, and assets of $3.5M (revenue +0.8% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.9M, and assets of $3.2M (revenue +15.0% year-over-year).
- 2010: Revenue of $1.8M, expenses of $1.8M, and assets of $3.2M.
Data Sources and Methodology
This transparency report for The Threshold Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.