Threshold Community Program Inc
Threshold Community Program Inc maintains strong asset base with no officer compensation, despite recent operational deficits.
EIN: 201806108 · Decatur, GA · NTEE: B28 · Updated: 2026-03-28
Is Threshold Community Program Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Threshold Community Program Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Threshold Community Program Inc
Threshold Community Program Inc (EIN: 201806108) is a nonprofit organization based in Decatur, GA, classified under NTEE code B28. The organization reported total revenue of $1.4M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Threshold Community Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Threshold Community Program Inc is a mid-size nonprofit that has been operating for 21 years, with 15 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-175,327 |
| Total Assets | $2.1M |
| Total Liabilities | $1.2M |
| Net Assets | $902K |
| Operating Margin | -14.2% |
| Debt-to-Asset Ratio | 58.0% |
| Months of Reserves | 18.3 months |
Financial Health Grade: C
In 2024, Threshold Community Program Inc reported a deficit of $175K with expenses exceeding revenue, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 58.0% (high leverage).
Financial Trends
Over 15 years of filings (2011–2024), Threshold Community Program Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -17.6% | -7.7% | -9.4% |
| 2023 | -0.4% | +9.1% | -11.9% |
| 2022 | -21.5% | +24.0% | +5.9% |
| 2021 | +63.9% | +4.7% | +109.2% |
| 2020 | +9.8% | +3.5% | +34.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Community Program Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Threshold Community Program Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $175K, with expenses exceeding revenue.
- Debt-to-asset ratio: 58.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly commendable for an organization of its size with over $1 million in annual 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 Community Program Inc's IRS 990 filings:
- Expenses exceeded revenue in the latest filing period (202407), resulting in an operational deficit of $175,327.
Strengths
The following positive indicators were identified for Threshold Community Program Inc:
- Consistent reporting of 0% officer compensation across all 15 filings, indicating strong commitment to mission and efficient use of funds.
- Strong asset base ($2,288,929) significantly exceeding liabilities, demonstrating financial solvency.
- Long history of IRS 990 filings (15 filings), indicating high transparency and compliance.
- Significant growth in assets over the past decade, from $440,238 in 2016 to over $2.2 million currently.
Frequently Asked Questions about Threshold Community Program Inc
Is Threshold Community Program Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Threshold Community Program Inc (EIN: 201806108) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Threshold Community Program Inc spend its money?
Threshold Community Program Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Threshold Community Program Inc tax-deductible?
Threshold Community Program Inc is registered as a tax-exempt nonprofit (EIN: 201806108). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Threshold Community Program Inc a good charity?
Based on the provided financial data, Threshold Community Program Inc appears to be a good charity. It consistently files its IRS 990s, reports 0% officer compensation, and has a strong asset base ($2,288,929) relative to its liabilities, indicating financial stability and a commitment to its mission over executive pay.
How has Threshold Community Program Inc's revenue trended?
Threshold Community Program Inc's revenue has fluctuated over the years, showing growth from $405,521 in 2016 to a peak of $1,916,044 in 2021, before declining to $1,234,873 in the latest period (202407).
What is the organization's financial stability?
The organization demonstrates good financial stability, with assets ($2,288,929) consistently exceeding liabilities ($1,245,735 in 2024) in recent years. This indicates a healthy balance sheet, though the operational deficit in 2024 ($1,234,873 revenue vs. $1,410,200 expenses) warrants monitoring.
Filing History
IRS 990 filing history for Threshold Community Program Inc showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2011–2024), Threshold Community Program Inc's revenue has grown by 114.1%, moving from $577K to $1.2M. Total assets increased by 2074.2% over the same period, from $99K to $2.1M. Total functional expenses rose by 137.9%, from $593K to $1.4M. In its most recent filing year (2024), Threshold Community Program Inc reported a deficit of $175K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $2.1M in assets (debt-to-asset ratio: 58.0%), resulting in net assets of $902K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.2M | $1.4M | $2.1M | $1.2M | — | View 990 |
| 2023 | $1.5M | $1.5M | $2.4M | $1.3M | — | View 990 |
| 2022 | $1.5M | $1.4M | $2.7M | $1.6M | — | View 990 |
| 2021 | $1.9M | $1.1M | $2.5M | $1.5M | — | View 990 |
| 2020 | $1.2M | $1.1M | $1.2M | $992K | — | View 990 |
| 2019 | $1.1M | $1.0M | $902K | $769K | — | View 990 |
| 2018 | $1.0M | $961K | $822K | $710K | — | View 990 |
| 2017 | $818K | $779K | $562K | $534K | — | View 990 |
| 2016 | $406K | $856K | $440K | $452K | — | View 990 |
| 2015 | $861K | $801K | $446K | $7K | — | View 990 |
| 2014 | $946K | $666K | $381K | $3K | — | View 990 |
| 2013 | $85K | $53K | $103K | $4K | — | View 990 |
| 2013 | $645K | $680K | $72K | $5K | — | View 990 |
| 2012 | $754K | $747K | $110K | $7K | — | View 990 |
| 2011 | $577K | $593K | $99K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.2M, expenses of $1.4M, and assets of $2.1M (revenue -17.6% year-over-year).
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $2.4M (revenue -0.4% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $2.7M (revenue -21.5% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.1M, and assets of $2.5M (revenue +63.9% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $1.2M (revenue +9.8% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.0M, and assets of $902K (revenue +1.8% year-over-year).
- 2018: Revenue of $1.0M, expenses of $961K, and assets of $822K (revenue +27.7% year-over-year).
- 2017: Revenue of $818K, expenses of $779K, and assets of $562K (revenue +101.8% year-over-year).
- 2016: Revenue of $406K, expenses of $856K, and assets of $440K (revenue -52.9% year-over-year).
- 2015: Revenue of $861K, expenses of $801K, and assets of $446K (revenue -9.0% year-over-year).
- 2014: Revenue of $946K, expenses of $666K, and assets of $381K (revenue +1014.7% year-over-year).
- 2013: Revenue of $85K, expenses of $53K, and assets of $103K (revenue -86.8% year-over-year).
- 2013: Revenue of $645K, expenses of $680K, and assets of $72K (revenue -14.5% year-over-year).
- 2012: Revenue of $754K, expenses of $747K, and assets of $110K (revenue +30.7% year-over-year).
- 2011: Revenue of $577K, expenses of $593K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Threshold Community Program Inc:
Data Sources and Methodology
This transparency report for Threshold Community Program Inc 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.