THRESHOLD INC (EIN 237055638) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

Principal Officer

CARLTON GORDON

Phone

4107270100

Tax Period

2020-07-01 to 2021-06-30

THRESHOLD INC, founded in 1969, is a micro nonprofit that reported $28K in total revenue in fiscal year 2020. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $216K exceeded revenue, resulting in a 673% operating deficit.

Mission

THE MISSION OF THRESHOLD INC. IS TO TRANSFORM PREVIOUSLY INCARCERATED ADULT MALES TO PRODUCTIVE MEMBERS OF THE COMMUNITY BY PROVIDING REHABILITATIVE SERVICES INCLUDING SUBSTANCE ABUSE COUNSELING AND JOB TRAINING IN A RESIDENTIAL SETTING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $10,000

Program Service Revenue $16,006

Investment Income $1,986

Other Revenue $0

TOTAL REVENUE $27,992

Expense Breakdown

Grants Paid $0

Salaries & Benefits $105,429

Fundraising Expenses $0

Program Expenses $204,622

Other Expenses $110,873

TOTAL EXPENSES $216,302

Year-over-Year Comparison

	2020	2019	Change
Revenue	$27,992	$689,577	-1.0%
Expenses	$216,302	$663,738	-0.7%
Net Income	$-188,310	$25,839	-8.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLTON GORDON	PRESIDENT	1.00	Officer Director	$0	$0	$0
EDWARD J ANGELETTI	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
CURTIS BARNETT	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN HOFFMAN	DIRECTOR	1.00	Director	$0	$0	$0
THURSTON T JONES III	DIRECTOR	1.00	Director	$0	$0	$0
PEARL MOLTON	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE HALSEY	DIRECTORS	1.00	Director	$0	$0	$0
DONNA OWENS	DIRECTOR	1.00	Director	$0	$0	$0
ROSETTA SWANN	DIRECTOR	1.00	Director	$0	$0	$0
KATINA TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
DEACON PRESBERRY	DIRECTOR	1.00	Director	$0	$0	$0
JIM ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY WELDON JR	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2021	$27,992	$216,302	$417,011	$-188,310
2020	$689,577	$663,738	$509,065	$25,839
2019	$682,876	$712,516	$431,507	$-29,640

THRESHOLD INC