Threshold Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237055638 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Threshold Inc?

Threshold Inc, situated in Baltimore, Maryland, is a nonprofit organization with a mission to rehabilitate ex-offenders, facilitating their transition back into society as productive citizens. Their primary focus is on previously incarcerated adult males, offering comprehensive rehabilitative services such as substance abuse counseling and job training within a residential setting. With a team of 10 dedicated individuals, Threshold Inc aims to transform these individuals, enabling them to contribute positively to their communities.

Is Threshold Inc legitimate?

Threshold Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Threshold Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,865

For more financial information, click here

What is the mission statement of Threshold Inc?

Threshold Inc's mission is centered around transforming previously incarcerated adult males into productive members of the community. They achieve this by offering rehabilitative services, such as substance abuse counseling and job training, in a residential setting. The organization's primary goal is to provide the necessary pre-release rehabilitation, enabling ex-offenders to smoothly transition into society as responsible citizens. Their services aim to orient and prepare these individuals for a productive life in the community.

Who is the CEO of Threshold Inc?

Carlton Gordon is the President of Threshold Inc.

What is the revenue of Threshold Inc?

Threshold Inc's revenue in 2021 was $27,992.

Who are the executives of Threshold Inc and what are their salaries?

The average compensation at Threshold Inc during 2021 was $8,386. There are 10 employees at Threshold Inc.


Here are 13 key members and their salaries:


Carlton Gordon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward J Angeletti (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Barnett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Hoffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thurston T Jones Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pearl Molton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Halsey (Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Owens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosetta Swann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katina Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deacon Presberry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Weldon Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Threshold Inc?

Threshold Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Threshold Inc

Threshold Inc, a nonprofit organization, is committed to transforming previously incarcerated adult males into productive members of society. They achieve this by providing rehabilitative services, specifically substance abuse counseling and job training, within a residential setting. This residential program serves as a bridge, offering the necessary re-orientation required for these individuals to seamlessly transition back into the community as responsible citizens.

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Impact




August, 2024

Threshold Inc positively impacts the community by transforming previously incarcerated adult males into productive members of society. They achieve this by providing rehabilitative services such as substance abuse counseling and job training in a residential setting. Through their efforts, Threshold Inc helps ex-offenders reintegrate into society as productive citizens, offering them the support and guidance needed for a successful transition.




This information is meant to be a general summary of Threshold Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$27,992 (2021)
Expenses
$216,302 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $1,986
  • Program Service Revenue: $16,006
  • Gross Receipts: $27,992

Assets and Liabilities:

  • Total Assets: $417,011
  • Total Liabilities: $279,700
  • Net Assets: $137,311

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT REVENUE

Revenue

$14,099

VENDING MACHINE INCOME

Revenue

$1,518

TELEPHONE INCOME

Revenue

$389

Organization Details

Founding Year

1969

Principal Officer

Carlton Gordon

Main Address

1702 SAINT PAUL STREET, BALTIMORE, MD, 21202

NTEE Category

Code: I40 - Crime

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