THRESHOLD INC (EIN 561458745) - 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

1996

Legal Domicile

Principal Officer

BILLIE J GUTHRIE

Phone

9196824124

Tax Period

2023-07-01 to 2024-06-30

THRESHOLD INC, founded in 1996, is a small nonprofit that reported $730K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $831K exceeded revenue, resulting in a 14% operating deficit.

Mission

PROVIDE REHABILITATION FOR ADULTS WITH SEVERE AND PERSISTENT MENTAL ILLNESS LIVING IN DURHAM COUNTY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $224,509

Program Service Revenue $485,795

Investment Income $19,394

Other Revenue $0

TOTAL REVENUE $729,698

Expense Breakdown

Grants Paid $0

Salaries & Benefits $578,084

Fundraising Expenses $18,548

Program Expenses $722,639

Other Expenses $252,994

TOTAL EXPENSES $831,078

Year-over-Year Comparison

	2023	2022	Change
Revenue	$729,698	$927,234	-0.2%
Expenses	$831,078	$763,672	+0.1%
Net Income	$-101,380	$163,562	-1.6%

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

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

$99,717

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILLIE GUTHRIE	PRESIDENT	1.00	Officer Director	$0	$0	$0
BARRY DAVIS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
TAYLOR DAVIES	TREASURER	1.00	Officer Director	$0	$0	$0
FELICIA DUNSTON	SECRETARY	1.00	Officer Director	$0	$0	$0
CAROLYN CROWDER	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN HERTZ	DIRECTOR	1.00	Director	$0	$0	$0
FRED JONES	DIRECTOR	1.00	Director	$0	$0	$0
JENNIE LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
VALERETTA ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0
BETSY SUMNER	DIRECTOR	1.00	Director	$0	$0	$0
TAMARA WINGFIELD	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH BARBER	EXEC. DIRECTOR	40.00	Officer	$84,898	$14,819	$99,717

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
2025	No data	No data	No data	No data
2024	$729,698	$831,078	$1,785,264	$-101,380
2023	$927,234	$763,672	$1,845,291	$163,562
2022	$876,404	$623,746	$1,661,118	$252,658
2021	$498,694	$685,255	$1,693,616	$-186,561
2020	$890,687	$801,813	$1,688,914	$88,874
2019	$797,708	$801,537	$1,466,767	$-3,829

THRESHOLD INC