Civic Intelligence

The Thresholds

990 • Fiscal year 2015 • EIN 36-2518901

Jul 01, 2014 to Jun 30, 2015 • Filed on Mar 21, 2016

4101 North RavenswoodChicago, IL 60613

(773) 572-5500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

50th percentile

0.31x

Higher debt load relative to assets than 50% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

33rd percentile

0.23x

Higher debt load relative to revenue than 33% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Net Margin

46th percentile

3.2%

Higher net margin than 46% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

38th percentile

-0.2%

Faster asset growth than 38% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

82nd percentile

20%

Faster revenue growth than 82% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Assets

Down

$57,381,010

Down $103,707 (-0.2%) from 2014

Net Assets

Up

$39,693,908

Up $2,036,708 (+5.4%) from 2014

Liabilities

Down

$17,687,102

Down $2,140,415 (-11%) from 2014

Revenue

Up

$76,053,519

Up $12,828,906 (+20%) from 2014

Expenses

Up

$73,642,514

Up $11,565,256 (+19%) from 2014

Net Income

Up

$2,411,005

Up $1,263,650 (+110%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100M$50M$0Assets 2010: $39,732,948Liabilities 2010: $14,364,023Net Assets 2010: $25,368,9252010Assets 2011: $43,467,229Liabilities 2011: $14,729,081Net Assets 2011: $28,738,1482011Assets 2012: $46,498,117Liabilities 2012: $15,615,436Net Assets 2012: $30,882,6812012Assets 2013: $51,796,741Liabilities 2013: $15,460,269Net Assets 2013: $36,336,4722013Assets 2014: $57,484,717Liabilities 2014: $19,827,517Net Assets 2014: $37,657,2002014Assets 2015: $57,381,010Liabilities 2015: $17,687,102Net Assets 2015: $39,693,9082015Assets 2016: $65,753,176Liabilities 2016: $21,980,723Net Assets 2016: $43,772,4532016Assets 2017: $64,629,281Liabilities 2017: $17,174,394Net Assets 2017: $47,454,8872017Assets 2018: $66,879,241Liabilities 2018: $15,542,910Net Assets 2018: $51,336,3312018Assets 2019: $67,823,892Liabilities 2019: $18,312,632Net Assets 2019: $49,511,2602019Assets 2020: $77,313,555Liabilities 2020: $24,169,576Net Assets 2020: $53,143,9792020Assets 2021: $94,634,488Liabilities 2021: $32,472,887Net Assets 2021: $62,161,6012021Assets 2022: $85,096,661Liabilities 2022: $23,093,164Net Assets 2022: $62,003,4972022Assets 2023: $92,580,481Liabilities 2023: $28,397,226Net Assets 2023: $64,183,2552023Assets 2024: $93,505,506Liabilities 2024: $24,625,116Net Assets 2024: $68,880,3902024

Highlighted filing

2015

Assets$57,381,010
Liabilities$17,687,102
Net Assets$39,693,908

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150M$100M$50M$0-$50MExpenses 2010: $48,338,5772010Expenses 2011: $47,399,4122011Expenses 2012: $50,393,2732012Expenses 2013: $55,129,5292013Revenue 2014: $63,224,613Expenses 2014: $62,077,258Net Income 2014: $1,147,3552014Revenue 2015: $76,053,519Expenses 2015: $73,642,514Net Income 2015: $2,411,0052015Revenue 2016: $86,919,471Expenses 2016: $85,264,546Net Income 2016: $1,654,9252016Revenue 2017: $93,139,070Expenses 2017: $90,690,462Net Income 2017: $2,448,6082017Revenue 2018: $92,785,062Expenses 2018: $89,246,329Net Income 2018: $3,538,7332018Revenue 2019: $87,121,522Expenses 2019: $89,165,127Net Income 2019: -$2,043,6052019Revenue 2020: $94,233,884Expenses 2020: $90,701,074Net Income 2020: $3,532,8102020Revenue 2021: $99,875,195Expenses 2021: $92,853,996Net Income 2021: $7,021,1992021Revenue 2022: $101,590,206Expenses 2022: $97,669,985Net Income 2022: $3,920,2212022Revenue 2023: $109,774,551Expenses 2023: $107,452,595Net Income 2023: $2,321,9562023Revenue 2024: $120,610,303Expenses 2024: $117,430,079Net Income 2024: $3,180,2242024

Highlighted filing

2015

Revenue$76,053,519
Expenses$73,642,514
Net Income$2,411,005
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Mar 21, 2016
Return Version
2014v6.0
Gross Receipts
$79,716,103
Mission and Program Overview

Mission

Thresholds assists and inspires people with mental illnesses and substance use disorders to reclaim their lives by providing the supports, skills and respectful encouragement that they need to achieve hopeful and successful futures. We strive to be the provider of choice, employer of choice and a world leader in development and evaluation of rehabilitation and recovery services.

Assist and inspire people with severe mental illness through support, skills, and encouragement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$19,646,145$18,911,452▼ $734,693
Land, Buildings, and Equipment, Net$13,571,515$14,068,169▲ $496,654
Pledges and Grants Receivable$7,053,993$8,226,843▲ $1,172,850
Cash and Non-Interest-Bearing Accounts$7,680,308$7,212,439▼ $467,869
Investments Program Related$2,343,384$2,143,384▼ $200,000
Prepaid Expenses and Deferred Charges$722,025$893,894▲ $171,869
Accounts Receivable$539,307$482,519▼ $56,788
Total Assets$57,484,717$57,381,010▼ $103,707
Other Assets Total$5,928,040$5,442,310▼ $485,730
Liabilities
Tax Exempt Bond Liabilities$6,188,141$6,022,370▼ $165,771
Accounts Payable and Accrued Expenses$6,054,011$5,914,523▼ $139,488
Other Liabilities$3,761,402$2,629,106▼ $1,132,296
Deferred Revenue$2,144,491$1,605,827▼ $538,664
Escrow Account Liability$1,216,702$1,140,220▼ $76,482
Mortgage Notes Payable Secured by Investment Property$462,770$375,056▼ $87,714
Total Liabilities$19,827,517$17,687,102▼ $2,140,415
Net Assets / Fund Balance
Unrestricted Net Assets$30,595,985$32,973,263▲ $2,377,278
Temporarily Rstr Net Assets$6,014,525$5,673,955▼ $340,570
Permanently Rstr Net Assets$1,046,690$1,046,690→ $0
Total Net Assets Fund Balance$37,657,200$39,693,908▲ $2,036,708
Total Liabilities and Net Assets / Fund Balance$57,484,717$57,381,010▼ $103,707

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,428,959$14,205,662$22,634,621
Equipment$3,394,245$7,269,555$10,663,800
Leasehold Improvements$598,404$663,458$1,261,862
Other Land Buildings$884,671-$884,671
Land$761,890-$761,890
Other Assets Org$1,246,111--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$6,379,223-▲ $147,953$561,950$5,943,302
2013$9,989,055-▲ $1,418,453$5,000,000$6,379,223
2012$8,895,478$185,146▲ $945,217-$9,989,055
2011$8,905,387-▲ $6,957-$8,895,478
2010$7,373,715-▲ $1,556,517-$8,905,387
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark IshaugChief Executive OfficerPT$227,834$50,998$278,832
Steven L WeinsteinChief Medical OfficerFT$185,955$26,809$212,764
Gavin FarryChief Financial OfficerPT$169,679$24,684$194,363
Debra L PavickChief Operating OfficerFT$148,317$8,751$157,068
Kimberly T MeyerPsychiatristFT$137,307$13,436$150,743
Bruce JeffersonGeneral CounselFT$133,861$15,837$149,698
Mark P FurlongSVP, Chief Clinical OfficerFT$130,830$2,282$133,112
Christine NooneChief Talent OfficerFT$131,703$1,306$133,009
Ron LampertVP, Health Care StrategiesFT$119,673$6,791$126,464
John WalkerCIOFT$119,830$6,116$125,946
Brent D PetersonVP, DevelopmentFT$104,021$17,372$121,393

Board Members and Trustees

NameTitle
Jana C BarbePresident
Marianne DoanVice President
Andy Anderson JrDirector
Anna LaubauchDirector
Anne Marie MorleyDirector
Chris SegalDirector
Christine RhodeDirector
Dan Klaff EsqDirector
Florence HartDirector
Ina OwensDirector
Jeffery M JosephsDirector
Jeffery a ReimerDirector
John BergholzDirector
John StorinoDirector
Joseph MoosDirector
Judy FriedmanDirector
Keith McclintockDirector
Linda G SahagianDirector
M Fred FriedmanDirector
Marianne DoanDirector
Mary Jo HersethDirector
Mrs Henry MautnerDirector
Oliver WhybrowDirector
Pamela BuffettDirector
Rachel GoetzDirector
Raymond Crossman PhdDirector
Robert MillerDirector
Ronald B GraisDirector
Roxanne M MartinoDirector
Samuel BottumDirector
Tammy RandaDirector
Vicki HorwichDirector
William J FairbanksDirector
Deborah CarrollDirector (11/2014-6/2015)
Donald Storino JrDirector (11/2014-6/2015)
Jessica DunneDirector (11/2014-6/2015)
Judy MaleyDirector (11/2014-6/2015)
Julie HammDirector (11/2014-6/2015)
Mary HillDirector (11/2014-6/2015)
Shari SlavinDirector (11/2014-6/2015)
Jim SparksDirector (7/2014-11/2014)
Lisa MontgomeryDirector (7/2014-11/2014)
Lt Jeff MurphyDirector (7/2014-11/2014)
Rand E AronsDirector (7/2014-11/2014)
Raymond BarbosaDirector (7/2014-11/2014)
David S EvelyAssistant Secretary
James KolarAssistant Treasurer
Kathleen GrahamSecretary
Harold E DorazioTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
First Nonproft Companies INCPayroll Processing1 S WACKER DRIVE SUITE 2380, Chicago, IL 60606$389,000
Lawson House YmcaReal Estate Agency30 W CHICAGO AVENUE, Chicago, IL 60610$280,772
The Lasalle NetworkTemp. Help200 N LASALLE, Chicago, IL 60601$267,957
Jc Anderson INCRenovation Project834 CHURCH ROAD, Elmhurst, IL 60126$260,058
Single PathInformation Technology905 PARKVIEW BOULEVARD, Lombard, IL 60148$215,556
Revenue and Support

Revenue Composition

Contributions and Grants
$40,237,908
Program Service Revenue
$32,412,278
Investment Income
$2,787,626
Other Revenue
$615,707
All Other Contributions
$3,039,050
Change in Net Assets
$2,411,005

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded14$574,066Fair Market Value
Total Noncash Contributions14$574,066-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$53,104,141
Other Expenses$20,538,373
Total Fundraising Expense$888,983
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$37,629,252$4,303,831$394,390$42,327,473
Other Employee Benefits$5,255,439$600,069$55,076$5,910,584
Occupancy$3,851,370$1,096,045$310$4,947,725
Payroll Taxes$3,187,207$364,536$33,405$3,585,148
Fees for Services Other$1,562,492$807,714$9,954$2,380,160
Office Expenses$2,056,405$253,959$17,831$2,328,195
Depreciation Depletion$352,571$1,566,994$5,523$1,925,088
Travel$1,538,421$95,060$9,509$1,642,990
Information Technology$866,954$437,793$59,595$1,364,342
Current Officers, Directors, Trustees, and Key Employees$965,651$110,436$10,121$1,086,208
All Other Expenses$235,375$507,879$44,584$787,838
Interest$2,787$319,494-$322,281
Insurance$73,780$189,978-$263,758
Conferences and Meetings$115,566$108,517$2,908$226,991
Pension Plan Contributions$173,113$19,800$1,815$194,728
Other Expenses$70,774$88,535$1,440$160,749
Fees for Services Accounting-$91,525-$91,525
Advertising$2,500$15,522$34,264$52,286
Fees for Services Legal$6,082$1,570-$7,652
Total Functional Expenses$61,750,366$11,003,165$888,983$73,642,514
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$394,772
Gaming Gross Income$272,618
Fundraising Gross Income$124,245
Gaming Direct Expenses$74,287
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$573,916$89,925$30,608$59,317
Limelight$395,386$34,320$100,876$-66,556
Total Events$969,302$124,245$394,772$-270,527
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Settlements Payable$2,041,147
Interest Rate Swap Payable$397,147
Other Liabilities$190,812

Bond Issues

BondIssuerIssuedIssue PricePurpose
AIllinois Finance Authority Demand Revenue Bonds Series 20052005-11-01$8,000,000Finance aquisition, construction, restoration of various properties

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$8,000,000--$194,205

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Trustees donald storino jr. And john storino have a family relationship.

Form 990, Part VI, Section B, Line 11

The board retains the services of an independent cpa firm to prepare the organization's form 990. Management reviews the completed form 990 and provides a full copy to all members of the finance committee. The finance committee reviews the copy and meets with the independent cpa firm. After form 990 is accepted by the finance committee a copy is provided to all voting members of the governing body prior to filing. The governing body is provided a reasonable amount of time to review the return and ask any questions directly to organization management or the contact at the independent cpa firm prior to filing.

Form 990, Part VI, Section B, Line 12C

Officers, directors, trustees, and key employees are annually required to complete a conflict of interest disclosure statement as a precursor to their service to the organization. Potential conflicts are logged with and monitored by the secretary of the board.

Form 990, Part VI, Section B, Line 15A

The ceo has an employment contract that is evaluated annually by the board's executive committee. The board meets in executive session to determine the ceo's annual compensation package that may include a discretionary bonus. The board president documents the results of this assessment and the committee's decision and routes this information to talent management for processing. The compensation of the ceo was reviewed and approved by the executive committee on february 12, 2015. The executive committee acted based upon advice from mercer, a qualified global independent compensation consulting firm, which thresholds retained on february 6, 2015 to provide an analysis. Mercer's advice included a compensation assessment review based on compensation paid by other organizations for positions serving in a similar capacity.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available through applicable governmental agencies; the conflict of interest policy is available upon written request to the organization.

Filing and Contact Details

Filer

Filer Name
The Thresholds
EIN
36-2518901
Phone
7735725500
Address
4101 NORTH RAVENSWOOD, CHICAGO, IL 60613

Signing Officer

Name
Gavin Farry
Title
Vice President, Finance
Phone
7735725500
Signed
2016-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Adelman
Formed
1963
Legal Domicile
Il
Voting Board Members
44
Independent Board Members
44
Employees
1,488
Volunteers
75

Preparer

Firm
Plante & Moran Pllc
Address
10 S RIVERSIDE PLAZA 9TH FLOOR, CHICAGO, IL 60606
Preparer
Kimberly a Haumann
Phone
3122071040
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

Custodial fund - social security payments and insurance benefits received on behalf of members are deposited in custodial accounts maintained at various program sites. The funds are deposited in several non-interest bearing bank accounts. The funds are owed to the members and are available for their benefit and are payable to them on demand when the individuals are able to manage their own affairs. Part v, line 1e: special purpose board of director designated funds are reserves established by the board from unrestricted funds to meet specific unidentified obligations arising from thresholds' planned activities. These funds are governed by financial policies approved by the board of directors to direct the allowed use of funds, and authority to use funds. Additionally, the financial policies establish investment criteria to ensure funds are prudently invested to meet the funds anticipated use.

PART V, LINE 4:

The thresholds' includes both donor-restricted endowment funds and funds designated by the board of directors to function as endowments. As required by u.s. Gaap, net assets associated with endowment funds, including funds designated by the board of directors to function as endowments, are classified and reported based on existences or absences of donor-imposed restrictions. As an example, scholarships may be provided to qualifying individuals recovering from severe mental illness.

PART X, LINE 2:

The agency's application of u.s. Gaap regarding uncertain tax positions had no effect on its financial position as management believes the agency has no material unrecognized income tax benefits. The agency would account for any potential interest or penalties related to possible future liabilities for unrecognized income tax benefits as interest/other expense. Management believes the agency is no longer subject to examination by tax authorities for federal, state or local income taxes for periods before 2012.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0PREVENTION OF REHOSPITALIZATIONTHRESHOLDS PROVIDES MENTAL HEALTH SERVICES AND CARE COORDINATION TO HELP SUPPORT AND GUIDE INDIVIDUALS WITH SEVERE MENTAL ILLNESS AND SUBSTANCE USE DIAGNOSES IN ALL AREAS OF FUNCTIONAL DOMAINS: SYMPTOM REDUCTION, PERSONAL CARE, REDUCING SUBSTANCE USE, PSYCHOSOCIAL REHABILITATION, PROBLEM SOLVING. SUPPORTS IN PREVENTING, OVERCOMING, OR MANAGING THE INDIVIDUAL'S LEVEL OF FUNCTIONING AND ENHANCING HIS/HER ABILITY TO REMAIN IN THE COMMUNITY AND PREVENT UNNECESSARY HOSPITALIZATIONS. THRESHOLDS PROVIDES COMMUNITY BASED SERVICES TO APPROXIMATELY 9000 CLIENTS ANNUALLY.
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IRS990/Form990PartVIISectionAGrp/PersonNm0JANA C BARBE
IRS990/Form990PartVIISectionAGrp/PersonNm1MARIANNE DOAN
IRS990/Form990PartVIISectionAGrp/PersonNm2HAROLD E DORAZIO
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES KOLAR
IRS990/Form990PartVIISectionAGrp/PersonNm4KATHLEEN GRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID S EVELY
IRS990/Form990PartVIISectionAGrp/PersonNm6ANDY ANDERSON JR
IRS990/Form990PartVIISectionAGrp/PersonNm7RAND E ARONS
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IRS990/Form990PartVIISectionAGrp/PersonNm9JOHN BERGHOLZ
IRS990/Form990PartVIISectionAGrp/PersonNm10SAMUEL BOTTUM
IRS990/Form990PartVIISectionAGrp/PersonNm11PAMELA BUFFETT
IRS990/Form990PartVIISectionAGrp/PersonNm12DEBORAH CARROLL
IRS990/Form990PartVIISectionAGrp/PersonNm13RAYMOND CROSSMAN PHD
IRS990/Form990PartVIISectionAGrp/PersonNm14MARIANNE DOAN
IRS990/Form990PartVIISectionAGrp/PersonNm15JESSICA DUNNE
IRS990/Form990PartVIISectionAGrp/PersonNm16WILLIAM J FAIRBANKS
IRS990/Form990PartVIISectionAGrp/PersonNm17JUDY FRIEDMAN

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$93.5$24.6$68.9$121$117$3.18
2023Detailed filing. Detailed filing data is available for this year.$92.6$28.4$64.2$110$107$2.32
2022Detailed filing. Detailed filing data is available for this year.$85.1$23.1$62.0$102$97.7$3.92
2021Detailed filing. Detailed filing data is available for this year.$94.6$32.5$62.2$99.9$92.9$7.02
2020Detailed filing. Detailed filing data is available for this year.$77.3$24.2$53.1$94.2$90.7$3.53
2019Detailed filing. Detailed filing data is available for this year.$67.8$18.3$49.5$87.1$89.2$2.04
2018Detailed filing. Detailed filing data is available for this year.$66.9$15.5$51.3$92.8$89.2$3.54
2017Detailed filing. Detailed filing data is available for this year.$64.6$17.2$47.5$93.1$90.7$2.45
2016Detailed filing. Detailed filing data is available for this year.$65.8$22.0$43.8$86.9$85.3$1.65
2015Detailed filing. Detailed filing data is available for this year.$57.4$17.7$39.7$76.1$73.6$2.41
2014Detailed filing. Detailed filing data is available for this year.$57.5$19.8$37.7$63.2$62.1$1.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.8$15.5$36.3$55.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.5$15.6$30.9$50.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.5$14.7$28.7$47.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.7$14.4$25.4$48.3