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Threshold Foundation FY2021 filing

East Palestine, OHUnknown exempt organization EIN 34-1910726Revenue −$20K in FY2021Latest filing we have: 2022. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRSEast Palestine, OH

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To operate exclusively for the benefit of, or to perform the functions of, or to carry out the purposes of Threshold residential services, INC.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 34-1910726) · Dispute this line
Mission: Form 990 Part I, line 1

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
The latest return is for FY2022, 4 tax years back.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $167K a year · last 3 filings
A surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
0%
of spending
0% of spending went to programs.
Pt IX · Ln 25 · col B
Cash reserves
296.6 mo
of spending, in cash
296.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
4
of 4 voting members
4 of 4 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
−$20K
-636% vs prior year
Spent
$6K
To programs
0%
Net assets
$610K
By yearFY2020–FY2022
Revenue
−$20K
FY2021▼ -636%
Tap a bar for its year
Revenue by fiscal year
FY2020$4K
FY2021−$20K
FY2022−$474K
Expenses
$6K
FY2021▲ +106%
Tap a bar for its year
Expenses by fiscal year
FY2020$3K
FY2021$6K
FY2022$2K
Net assets
$610K
FY2021▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$637K
FY2021$610K
FY2022$135K

From the FY2021 Form 990 · see the original

990 PDF Support Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing we have: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 100% · $6K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
Ann Bendle
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
Steve Molchan
Vice Preside
$0Pt VII · Sec A
Justin Powers
Treasurer
$0Pt VII · Sec A
See Threshold Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports Threshold Residential Services, Inc. in providing housing and care.

Questions for Threshold Foundation

Tap to ask. Threshold Foundation sees how many people are interested.

Your first name shows with your question. Threshold Foundation answers here, for everyone.

1 program · in their own filed words · FY2021
01

To operate exclusively for the benefit of, or to perform the functions of,or to carry out the purposes of threshold recovery center.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 34-1910726) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2021 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
−$20K
Ln 12
Investment incomeLn 3$95
Money outPt IX
$6K
Ln 25
Managementcol C$6K
Owns and owesPt X
$610K
net assets · Ln 32
Cash and savingsLn 1–2$145K
Total assetsLn 16$610K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$95
Total revenueLn 12−$20K
Assets in detailPt X, end of year
CashLn 1$129K
SavingsLn 2$16K
Cash and savings togetherLn 1–2$145K
Land, buildings, equipmentLn 10c$465K
Total assetsLn 16$610K
LiabilitiesLn 26$0
Net assetsLn 32$610K
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$204K$145K
Land, buildings, equipmentLn 10c$484K$465K
Total assetsLn 16$688K$610K
LiabilitiesLn 26$52K$0
Net assetsLn 32$637K$610K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$1K$1K
Other expenses (24a–d)Ln 24$4K$4K
Total functional expensesLn 25$6K$0$6K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 LatestFiled with the IRS Oct 4, 2023 −$474K$2K−$476K$135K 990 PDF
FY2021 ViewingFiled with the IRS Nov 8, 2022 −$20K$6K−$26K$610K 990 PDF
FY2020Filed with the IRS May 10, 2021 $4K$3K$958$637K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2021 990
Part I · Summary −$20,401 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,000$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $145$95
I-11 Other revenuePrior year −$1,337−$20,496
I-12 Total revenuePrior year $3,808−$20,401
I-13 Grants and similar amounts paidPrior year $500$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,350$5,870
I-18 Total expensesPrior year $2,850$5,870
I-19 Revenue less expensesPrior year $958−$26,271
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue −$20,401 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $95$95
VIII-6 Net rental income or lossRelated to mission −$20,496−$20,496
VIII-12 Total revenueRelated to mission −$20,496 · Excluded from tax $95−$20,401
Part IX · Statement of functional expenses $5,870 across 2 lines filed
IX-11c Accounting feesManagement $1,400$1,400
IX-24 Other expenses (24a–d)Management $4,470$4,470
IX-25 Total functional expensesPrograms $0 · Management $5,870 · Fundraising $0$5,870
Part X · Balance sheet $610,458 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $188,661$129,220
X-2 Savings and temporary cash investmentsStart of year $15,749$15,844
X-10c Land, buildings and equipment, netStart of year $484,055$465,394
X-16 Total assetsStart of year $688,465$610,458
X-26 Total liabilitiesStart of year $51,736$0
X-27 Net assets without donor restrictionsStart of year $636,729$610,458
X-32 Total net assets or fund balancesStart of year $636,729$610,458
X-33 Total liabilities and net assetsStart of year $688,465$610,458
Part XI · Reconciliation of net assets $610,458 net assets at year end
XI-1 Total revenue−$20,401
XI-2 Total expenses$5,870
XI-3 Revenue less expenses−$26,271
XI-4 Net assets at start of year$636,729
XI-10 Net assets at end of year$610,458

Form 990 e-file FY2021 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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