Overview
What is Threshold Services Inc?
Threshold Services Inc, located in Kodiak, Alaska, is a nonprofit organization that focuses on creating job opportunities for individuals with disabilities. They achieve this by maximizing the recycling of solid waste, selling as much waste material as possible within Kodiak. The organization, with a workforce of 17 individuals, is committed to making a positive impact in their community by promoting employment and waste reduction.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating).
Threshold Services Inc has received a commendable score of 80%, reflecting solid performance in accountability and finance. The organization excels in having a fully independent board and demonstrates no material diversion of assets. Additionally, their program expense ratio is outstanding, indicating that all of their expenses are directed towards their programs.
However, there are areas for improvement, particularly regarding governance policies. The organization is missing essential documents such as a whistleblower policy and a document retention and destruction policy, which are crucial for ensuring transparency and accountability. Despite these shortcomings, Threshold Services Inc maintains strong financial health, with a low liabilities to assets ratio, signaling a stable economic footing.
This AI summary has been generated from information found on Charity Navigator.
Is Threshold Services Inc legitimate?
Threshold Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Threshold Services 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: $67,714
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Threshold Services Inc?
Threshold Services Inc's mission is focused on creating employment opportunities for individuals with disabilities, while simultaneously aiming to recycle as much solid waste as possible. The organization's primary objective is to contribute to the employment sector, specifically by providing jobs for individuals with disabilities. Additionally, they are committed to recycling waste to the maximum extent possible. This dual-focus approach aims to benefit both the environment and the community by promoting employment opportunities and waste reduction.
Who is the CEO of Threshold Services Inc?
Chris Lynch is the President of Threshold Services Inc.
What is the revenue of Threshold Services Inc?
Threshold Services Inc's revenue in 2022 was $490,242.
Who are the executives of Threshold Services Inc and what are their salaries?
The average compensation at Threshold Services Inc during 2022 was $3,983. There are 17 employees at Threshold Services Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $67,714
- Related: $0
- Other: $0
Where can I find the form 990 for Threshold Services Inc?
Threshold Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Threshold Services Inc
Threshold Services Inc, a nonprofit organization, is dedicated to a unique mission. Their primary objective is to create employment opportunities for individuals with disabilities while simultaneously recycling as much solid waste as possible. By combining these two initiatives, Threshold Services Inc strives to make a significant impact in its community, providing meaningful work and contributing to environmental sustainability. The organization's mission is not just about waste management but also about empowering individuals with disabilities, offering them a chance to contribute and be a part of a productive workforce.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Threshold Services Inc's impact is felt through the development of jobs for persons with disabilities in Kodiak, Alaska, while also focusing on recycling as much solid waste as possible. This organization is making a significant difference by providing opportunities for individuals with disabilities to participate in the workforce and contributing to environmental sustainability through their recycling efforts. Their work not only benefits the individuals they serve but also has a positive impact on the community and the environment.
This information is meant to be a general summary of Threshold Services 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $333
- Program Service Revenue: $476,436
- Gross Receipts: $490,242
Assets and Liabilities:
- Total Assets: $996,439
- Total Liabilities: $234,234
- Net Assets: $762,205
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Recycling fees
Revenue
$476,436
Organization Details
Founding Year
1988
Principal Officer
Chris Lynch
Main Address
PO Box 8709, KODIAK, AK, 99615
NTEE Category
Code: P20Z - Human services
If you are a representative of Threshold Services Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.