Overview
What is The Threshold Incorporated?
The Threshold Incorporated is a nonprofit organization situated in West Bend, Wisconsin, specifically at 600 Rolfs Avenue. Its primary focus is to provide opportunities for both youth and adults with disabilities, offering leisure activities and skill-building sessions. These activities are scheduled beyond regular working hours and even on weekends. The organization's services cater to individuals living in southeastern Wisconsin, particularly those residing in Washington County and its vicinity. The Threshold Incorporated's mission includes offering programs and services for children under three years old and adults aged eighteen and above with disabilities, enhancing their social, community, and recreational experiences. With a team of 167 dedicated individuals, the organization strives to improve the quality of life for individuals with disabilities in the area.
Official website here: www.thresholdinc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: Four-Star out of Four Stars (96%)
The Threshold Incorporated has earned an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial management. The organization scores 96% overall, indicating a strong commitment to transparency and responsible financial practices. This high score is based solely on the Accountability & Finance beacon, which demonstrates their focus on maintaining a solid financial foundation.
One of the notable strengths of The Threshold Incorporated is its governance structure, which features a fully independent board. All eight board members are independent, contributing to effective oversight and decision-making. Additionally, the organization boasts excellent financial ratios, with 82.86% of expenses directed towards programs, showcasing their dedication to mission-related activities.
While the data highlights several strengths, the focus on financial metrics does not provide insight into program impact or community feedback. However, the absence of material asset diversion and the presence of key policies like conflict of interest and whistleblower policies reinforce their commitment to ethical practices. Overall, The Threshold Incorporated stands out as a well-managed nonprofit with a solid financial track record.
This AI summary has been generated from information found on Charity Navigator.
Is The Threshold Incorporated legitimate?
The Threshold Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Threshold Incorporated 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: $209,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,676,306
For more financial information, click here
Official website here: www.thresholdinc.org
What is the mission statement of The Threshold Incorporated?
The Threshold Incorporated is committed to providing programs and services for children under the age of 3 and adults with disabilities, specifically in the 18+ age group. Located in southeastern Wisconsin, the organization focuses on Washington and surrounding counties. Their mission involves offering day services that cater to the leisure activities and skill-building needs of individuals with disabilities. These activities are scheduled beyond regular hours and during weekends, providing a wide range of social, community, leisure, and recreational opportunities.
Official website here: www.thresholdinc.org
Who is the CEO of The Threshold Incorporated?
Michael Hoffman is the Executive Director of The Threshold Incorporated.
Official website here: www.thresholdinc.org
What is the revenue of The Threshold Incorporated?
The Threshold Incorporated's revenue in 2022 was $5,086,172.
Official website here: www.thresholdinc.org
Who are the executives of The Threshold Incorporated and what are their salaries?
The average compensation at The Threshold Incorporated during 2022 was $17,279. There are 167 employees and 260 volunteers at The Threshold Incorporated.
Here are 17 key members and their salaries:
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- Compensation: $102,744
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- Other: $16,042
- Compensation: $85,764
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- Other: $4,750
Official website here: www.thresholdinc.org
Where can I find the form 990 for The Threshold Incorporated?
The Threshold Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thresholdinc.org
Learn more at the official website: www.thresholdinc.org
Mission Statement of The Threshold Incorporated
The Threshold Incorporated is dedicated to providing programs and services for children under the age of three and adults with disabilities, aged eighteen and above, residing in southeastern Wisconsin, with a particular focus on Washington County and its surroundings. This nonprofit organization's mission is to create an inclusive environment where individuals with disabilities can engage in leisure activities, skill-building exercises, and community involvement. The Threshold Incorporated offers diverse options, including scheduled activities during after-hours and weekends, as well as social, recreational, and community events. These services aim to support the growth and development of its members, fostering a sense of belonging and independence.
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Impact
July, 2024
The Threshold Incorporated makes a significant impact by providing crucial programs and services for children under 3 years of age and adults 18 years and older with disabilities in southeastern Wisconsin, particularly in Washington and surrounding counties. Through their day services, individuals with disabilities have opportunities to engage in leisure activities and skill-building exercises. Additionally, the organization offers scheduled after-hours and weekend activities that focus on social, community, leisure, and recreation opportunities. This helps enhance the quality of life and overall well-being of individuals with disabilities in the region.
This information is meant to be a general summary of The Threshold Incorporated. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $33,916
- Program Service Revenue: $4,295,130
- Gross Receipts: $5,313,731
Assets and Liabilities:
- Total Assets: $16,925,127
- Total Liabilities: $478,302
- Net Assets: $16,446,825
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTED REVENUES
Revenue
$3,590,114
AGENCY WORK PROGRAMS
Revenue
$648,403
CLIENT PAY PROGRAM
Revenue
$56,613
Organization Details
Founding Year
1968
Phone
(262) 338-1188Principal Officer
Michael Hoffman
Main Address
600 ROLFS AVENUE, WEST BEND, WI, 53090
Website
www.thresholdinc.orgNTEE Category
Code: P82 - Human services
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