Threshold Coc
Threshold Coc experiences significant revenue and expense volatility, with no reported officer compensation.
EIN: 113788955 · Omaha, NE · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13.5M |
| Total Expenses | $9.5M |
| Program Spending | 85% |
| Net Assets | $5.2M |
| Transparency Score | 70/100 |
Is Threshold Coc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Threshold Coc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Threshold Coc
Threshold Coc (EIN: 113788955) is a nonprofit organization based in Omaha, NE, classified under NTEE code P20. The organization reported total revenue of $13.5M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Threshold Coc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Threshold Coc is a large nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 43.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.2M |
| Total Expenses | $9.5M |
| Surplus / Deficit | $-280,104 |
| Total Assets | $5.6M |
| Total Liabilities | $404K |
| Net Assets | $5.2M |
| Operating Margin | -3.1% |
| Debt-to-Asset Ratio | 7.3% |
| Months of Reserves | 7.0 months |
Financial Health Grade: B
In 2023, Threshold Coc reported a deficit of $280K with expenses exceeding revenue, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 7.3% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Threshold Coc's revenue has grown at a compound annual growth rate (CAGR) of 43.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -86.1% | -86.0% | -20.6% |
| 2022 | +40.7% | +40.7% | +25.5% |
| 2021 | +311.4% | +356.7% | -1.2% |
| 2020 | +1027.1% | +1767.4% | +691.4% |
| 2019 | +135.8% | +144.5% | +160.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Threshold Coc with a Mission Score of 70 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Threshold Coc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $280K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation is paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of this scale and revenue.
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 Threshold Coc's IRS 990 filings:
- 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
The following positive indicators were identified for Threshold Coc:
- 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.
Frequently Asked Questions about Threshold Coc
Is Threshold Coc a legitimate charity?
Based on AI analysis of IRS 990 filings, Threshold Coc (EIN: 113788955) some concerns. Mission Score: 70/100. 4 red flags identified, 3 strengths noted.
How does Threshold Coc spend its money?
Threshold Coc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Threshold Coc tax-deductible?
Threshold Coc is registered as a tax-exempt nonprofit (EIN: 113788955). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Threshold Coc's spending goes to programs?
Threshold Coc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Threshold Coc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Threshold Coc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Threshold Coc located?
Threshold Coc is headquartered in Omaha, Nebraska and files with the IRS under EIN 113788955. It is classified under NTEE code P20.
How many years of IRS 990 filings does Threshold Coc have?
Threshold Coc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $13.5M in total revenue.
What caused the drastic fluctuations in revenue and expenses between 2020 and 2023?
The organization experienced revenue growth from $11.4 million in 2020 to $66.1 million in 2022, followed by a sharp drop to $9.1 million in 2023. Understanding the specific programs or funding sources driving these changes is crucial.
How does Threshold Coc sustain operations with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with multi-million dollar revenues and expenses. It raises questions about how leadership is compensated or if key roles are entirely volunteer-based.
What is the detailed breakdown of program, administrative, and fundraising expenses?
Without a detailed functional expense breakdown, it's difficult to accurately assess the organization's spending efficiency and how much of its budget directly supports its mission versus overhead.
What is the organization's strategy for managing liabilities, which reached over $4 million in 2022?
Liabilities showed significant fluctuation, peaking at $4.01 million in 2022 before decreasing to $404,484 in 2023. Understanding the nature of these liabilities and the strategy for their management is important for financial health.
Filing History
IRS 990 filing history for Threshold Coc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Threshold Coc's revenue has grown by 7747.7%, moving from $117K to $9.2M. Total assets increased by 3049.9% over the same period, from $176K to $5.6M. Total functional expenses rose by 4823.8%, from $192K to $9.5M. In its most recent filing year (2023), Threshold Coc reported a deficit of $280K, with expenses exceeding revenue. The organization holds $404K in liabilities against $5.6M in assets (debt-to-asset ratio: 7.3%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.2M | $9.5M | $5.6M | $404K | — | — |
| 2022 | $66.2M | $67.8M | $7.0M | $4.0M | — | View 990 |
| 2021 | $47.0M | $48.2M | $5.6M | $1.1M | — | View 990 |
| 2020 | $11.4M | $10.5M | $5.6M | $194K | — | View 990 |
| 2019 | $1.0M | $565K | $712K | $869 | — | View 990 |
| 2018 | $430K | $231K | $274K | $17K | — | View 990 |
| 2017 | $183K | $199K | $250K | $102K | — | View 990 |
| 2016 | $89K | $248K | $286K | $122K | — | View 990 |
| 2015 | $292K | $247K | $382K | $59K | — | View 990 |
| 2014 | $352K | $205K | $321K | $43K | — | View 990 |
| 2013 | $182K | $166K | $171K | $41K | — | View 990 |
| 2011 | $117K | $192K | $176K | $52K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.2M, expenses of $9.5M, and assets of $5.6M (revenue -86.1% year-over-year).
- 2022: Revenue of $66.2M, expenses of $67.8M, and assets of $7.0M (revenue +40.7% year-over-year).
- 2021: Revenue of $47.0M, expenses of $48.2M, and assets of $5.6M (revenue +311.4% year-over-year).
- 2020: Revenue of $11.4M, expenses of $10.5M, and assets of $5.6M (revenue +1027.1% year-over-year).
- 2019: Revenue of $1.0M, expenses of $565K, and assets of $712K (revenue +135.8% year-over-year).
- 2018: Revenue of $430K, expenses of $231K, and assets of $274K (revenue +135.2% year-over-year).
- 2017: Revenue of $183K, expenses of $199K, and assets of $250K (revenue +105.7% year-over-year).
- 2016: Revenue of $89K, expenses of $248K, and assets of $286K (revenue -69.6% year-over-year).
- 2015: Revenue of $292K, expenses of $247K, and assets of $382K (revenue -17.0% year-over-year).
- 2014: Revenue of $352K, expenses of $205K, and assets of $321K (revenue +93.7% year-over-year).
- 2013: Revenue of $182K, expenses of $166K, and assets of $171K (revenue +55.5% year-over-year).
- 2011: Revenue of $117K, expenses of $192K, and assets of $176K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Threshold Coc:
Data Sources and Methodology
This transparency report for Threshold Coc 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.