Threshold Community Program INC EIN 20-1806108

Threshold Community Program INC FY2021 filing

EIN  20-1806108 Public charity (501(c)(3)) Atlanta, GA
Form 990 (PDF)
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Size
$1–10M
What they do
Helps autistic teens and young adults grow educationally and developmentally.
Leadership
Beth Champ · Clinical Dir · $77K
Money in and out
$1.9M revenue, $1.1M expenses
Bottom line
64% program efficiency

Helps autistic teens and young adults grow educationally and developmentally. For fiscal year 2021 it reported $1.9M in revenue, $1.1M in expenses, and $1.0M in net assets.Pt I

Where the money goes · FY2021
Total revenue
$1.9M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $785K
Where spending went · Part IX cols B–D
Program services $0.64 Management & general $0.35 Fundraising $0.00
Program efficiency
64%
of spending reaches programs
Operating runway
19.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+41%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$1.9M
FY2021
Expenses
$1.1M
FY2021
Total assets
$2.5M
FY2021
Total liabilities
$1.5M
FY2021
Total revenue
$1.9M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$785K
Total assetsPt X · Ln 16$2.5M
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

2 program services account for $726K of program spending, described in the organization's own filed words · FY2020.
01

The school program is designed for students in middle and high school, who have had difficulty in traditional academic settings. This program is accredited by the georgia acccrediting commission and emphasizes communication and relationship skills and contextual experiential learning.

$706Kprogram expense
02

The organization established a scholarship fund to assist students that are in need.

$20Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThreshold Community Program INC
EINHdr · item D20-1806108
Principal addressHdr · item CAtlanta, GA
WebsiteHdr · item Jwww.thresholdcommunity.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B28)
Ruling yearIRS BMFJun 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Clinical Dir
$77,000Pt VII · Sec A
Executive Di
$77,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer, V
$0Pt VII · Sec A

David Nelson’s $85K as Executive Di is at the 22nd percentile of top reported officer pay among 3392 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
David Nelson$85,219$82,763$83,833$87,885$77,000
Beth Champ$52,179$70,338$83,428$82,250$77,000
Kaitlyn Morris$71,360
Sarah Champ$70,325
Elizabeth Bull$68,633

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$911K · 48%
Contributions & grants$724K · 38%
Other revenue$281K · 15%
Program service revenue48%$911K
Contributions & grants38%$724K
Other revenue15%$281K
Total revenueLn 12$1.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $0.35 Fundraising $0.00
Program services64%$726K
Management & general35%$401K
Fundraising$4K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$1.4M
Total assetsLn 16$2.5M
Total liabilitiesLn 26$1.5M
Total net assetsLn 32$1.0M
Months of cash on handcomputed14.6

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses (Pt IX) $1.1M · Less non-cash grants $292K · Cash operating expenses/yr $839K
19.6 months
Where the money goes
Program services
Program services $726K · Total expenses $1.1M
64%
Management & General
Management & general $401K · Total expenses $1.1M
35%
Fundraising
Fundraising $4K · Total expenses $1.1M
0%
Cost to raise $1
Fundraising expense $4K · Solicited contributions $724K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $724K · Total revenue $1.9M
38%
Government reliance
Government grants — · Total revenue $1.9M
Earned-income share
Program service revenue $911K · Total revenue $1.9M
48%
Investment reliance
Investment income $0 · Total revenue $1.9M
0%
Program self-sufficiency
Program service revenue $911K · Total expenses $1.1M
81%
Growth & trend
Revenue growth (YoY)
This year $1.9M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.9M · Expenses $1.1M
+41%
Liabilities-to-Assets
Total liabilities — · Total assets $2.5M
Net-asset ratio
Net assets $1.0M · Total assets $2.5M
40%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual David Nelson · Reported title EXECUTIVE DI · Highest reported compensation $77K · Total expenses $1.1M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $843K · Total expenses $1.1M
75%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 64%
Overhead ratio 35%
Fundraising cost ratio 1%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 9 funders →
Grants paid · 2 grants · $40K · 2020–2021
Unitemized GrantFY2021$20,000
Unitemized GrantFY2020$20,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.4M revenue · ⤓ 990 PDF
FY2024$1.2M revenue · ⤓ 990 PDF
FY2023$1.5M revenue · ⤓ 990 PDF
FY2022$1.5M revenue · ⤓ 990 PDF
FY2021$1.9M revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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