Civic Intelligence

Thresholds Inc

EIN 38-2063018 • 501(c)3 • Grand Rapids, MI

Profile

Social and mental health services to persons with developmental disabilities in order to help them live as independently as possible in the community.

160 68th Street SW 130Grand Rapids, MI 49548

www.thresholdsgr.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

64th percentile

0.26x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

58th percentile

0.22x

Higher debt load relative to revenue than 58% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

26th percentile

-5.2%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

17th percentile

-5.4%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2025

Revenue Growth

14th percentile

-19%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2025

Assets

Down

$7,941,539

Down $482,125 (-5.7%) from 2024

Liabilities

Up

$2,057,117

Up $6,330 (+0.3%) from 2024

Net Assets

Down

$5,884,422

Down $488,455 (-7.7%) from 2024

Revenue

Down

$9,319,500

Down $457,746 (-4.7%) from 2024

Expenses

Down

$9,807,955

Down $326,039 (-3.2%) from 2024

Net Income

Down

-$488,455

Down $131,707 (-37%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2010: $3,711,632Liabilities 2010: $3,038,618Net Assets 2010: $673,0142010Assets 2011: $3,919,114Liabilities 2011: $3,066,174Net Assets 2011: $852,9402011Assets 2012: $4,115,001Liabilities 2012: $2,958,078Net Assets 2012: $1,156,9232012Assets 2013: $3,824,428Liabilities 2013: $2,321,621Net Assets 2013: $1,502,8072013Assets 2014: $3,788,045Liabilities 2014: $2,568,745Net Assets 2014: $1,219,3002014Assets 2015: $3,396,207Liabilities 2015: $2,232,641Net Assets 2015: $1,163,5662015Assets 2016: $3,293,178Liabilities 2016: $2,166,684Net Assets 2016: $1,126,4942016Assets 2017: $3,500,561Liabilities 2017: $2,356,356Net Assets 2017: $1,144,2052017Assets 2018: $3,377,030Liabilities 2018: $2,330,153Net Assets 2018: $1,046,8772018Assets 2019: $3,539,774Liabilities 2019: $2,510,877Net Assets 2019: $1,028,8972019Assets 2020: $4,444,283Liabilities 2020: $2,669,763Net Assets 2020: $1,774,5202020Assets 2021: $4,314,630Liabilities 2021: $1,547,488Net Assets 2021: $2,767,1422021Assets 2022: $3,754,606Liabilities 2022: $1,578,930Net Assets 2022: $2,175,6762022Assets 2023: $8,872,604Liabilities 2023: $2,142,979Net Assets 2023: $6,729,6252023Assets 2024: $8,423,664Liabilities 2024: $2,050,787Net Assets 2024: $6,372,8772024Assets 2025: $7,941,539Liabilities 2025: $2,057,117Net Assets 2025: $5,884,4222025

Highlighted filing

2025

Assets$7,941,539
Liabilities$2,057,117
Net Assets$5,884,422

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $11,781,2052010Revenue 2011: $13,103,283Expenses 2011: $12,923,357Net Income 2011: $179,9262011Expenses 2012: $15,255,5122012Revenue 2013: $12,016,935Expenses 2013: $11,671,051Net Income 2013: $345,8842013Revenue 2014: $9,957,783Expenses 2014: $10,241,290Net Income 2014: -$283,5072014Revenue 2015: $10,198,819Expenses 2015: $10,254,553Net Income 2015: -$55,7342015Revenue 2016: $9,631,697Expenses 2016: $9,668,769Net Income 2016: -$37,0722016Revenue 2017: $9,608,481Expenses 2017: $9,590,770Net Income 2017: $17,7112017Revenue 2018: $9,721,180Expenses 2018: $9,818,508Net Income 2018: -$97,3282018Revenue 2019: $9,109,059Expenses 2019: $9,127,039Net Income 2019: -$17,9802019Revenue 2020: $8,204,278Expenses 2020: $7,458,655Net Income 2020: $745,6232020Revenue 2021: $10,562,226Expenses 2021: $9,569,604Net Income 2021: $992,6222021Revenue 2022: $9,703,654Expenses 2022: $10,295,120Net Income 2022: -$591,4662022Revenue 2023: $14,143,452Expenses 2023: $9,589,503Net Income 2023: $4,553,9492023Revenue 2024: $9,777,246Expenses 2024: $10,133,994Net Income 2024: -$356,7482024Revenue 2025: $9,319,500Expenses 2025: $9,807,955Net Income 2025: -$488,4552025

Highlighted filing

2025

Revenue$9,319,500
Expenses$9,807,955
Net Income-$488,455

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.94$2.06$5.88$9.32$9.81$0.49
2024Detailed filing. Detailed filing data is available for this year.$8.42$2.05$6.37$9.78$10.1$0.36
2023Detailed filing. Detailed filing data is available for this year.$8.87$2.14$6.73$14.1$9.59$4.55
2022Detailed filing. Detailed filing data is available for this year.$3.75$1.58$2.18$9.70$10.3$0.59
2021Detailed filing. Detailed filing data is available for this year.$4.31$1.55$2.77$10.6$9.57$0.99
2020Detailed filing. Detailed filing data is available for this year.$4.44$2.67$1.77$8.20$7.46$0.75
2019Detailed filing. Detailed filing data is available for this year.$3.54$2.51$1.03$9.11$9.13$0.02
2018Detailed filing. Detailed filing data is available for this year.$3.38$2.33$1.05$9.72$9.82$0.10
2017Detailed filing. Detailed filing data is available for this year.$3.50$2.36$1.14$9.61$9.59$0.02
2016Detailed filing. Detailed filing data is available for this year.$3.29$2.17$1.13$9.63$9.67$0.04
2015Detailed filing. Detailed filing data is available for this year.$3.40$2.23$1.16$10.2$10.3$0.06
2014Detailed filing. Detailed filing data is available for this year.$3.79$2.57$1.22$9.96$10.2$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.82$2.32$1.50$12.0$11.7$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.12$2.96$1.16$15.3
2011Summary only. Only limited summary data is available for this year.$3.92$3.07$0.85$13.1$12.9$0.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.71$3.04$0.67$11.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Jan 26, 2026
Return Version
2024v5.5
Gross Receipts
$9,386,277
Mission and Program Overview

Mission

Social and mental health services to persons with developmental disabilities in order to help them live as independently as possible in the community.

Empowering people with disabilities to lead meaningful, connected lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,667,899$4,457,910▼ $209,989
Accounts Receivable$1,498,702$1,402,763▼ $95,939
Savings and Temporary Cash Investments$1,499,273$1,168,305▼ $330,968
Prepaid Expenses and Deferred Charges$52,300$60,047▲ $7,747
Total Assets$8,423,664$7,941,539▼ $482,125
Other Assets Total$705,490$852,514▲ $147,024
Liabilities
Other Liabilities$719,593$874,141▲ $154,548
Accounts Payable and Accrued Expenses$875,983$707,060▼ $168,923
Escrow Account Liability$319,185$375,461▲ $56,276
Mortgage Notes Payable Secured by Investment Property$136,026$100,455▼ $35,571
Total Liabilities$2,050,787$2,057,117▲ $6,330
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,372,877$5,884,422▼ $488,455
Total Net Assets Fund Balance$6,372,877$5,884,422▼ $488,455
Total Liabilities and Net Assets / Fund Balance$8,423,664$7,941,539▼ $482,125

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,109,447$1,782,080$5,891,527
Equipment$347,230$710,151$1,057,381
Other Land Buildings$0$276,400$276,400
Leasehold Improvements$1,233$25,117$26,350
Other Assets Org$785,238--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jacquelyn JohnsonPresident/CEOFT$146,481$20,844$167,325
Steve Van HoutenDirector of FinanceFT$111,413$22,862$134,275
Julie VankampenEmployeeFT$101,691$16,696$118,387

Board Members and Trustees

NameTitle
Jane OwenChairperson
Gary ChamberlinVice Chairperson
Amy NeumannDirector
Brad VandermeerDirector
Heather GithuDirector
Michael ChristyDirector
Patrick CwaynaDirector
Ruth SpragueDirector
Stephan RobertsDirector
Nadia JohnsonDirector Through 12/31/24
Lee MoyerSecretary
Marty SimescuTreasurer
Bill VertTreasurer Through 12/31/24
Revenue and Support

Revenue Composition

Contributions and Grants
$33,236
Program Service Revenue
$9,023,629
Investment Income
$262,635
Other Revenue
$0
All Other Contributions
$33,236
Change in Net Assets
$-488,455

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,319,500
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$9,319,500
Total Revenue per Form 990
$9,319,500
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,744,472
Other Expenses$2,063,483
Total Fundraising Expense$24,785
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,490,505$847,278-$6,337,783
Other Employee Benefits$498,550$99,264-$597,814
Occupancy$534,214$15,646$1,308$551,168
Payroll Taxes$430,351$82,741$2,318$515,410
Depreciation Depletion$297,325$76,660-$373,985
Current Officers, Directors, Trustees, and Key Employees-$277,569$15,896$293,465
Insurance$184,503$44,488$58$229,049
Fees for Services Other$84,882$132,013$3,881$220,776
Office Expenses$82,276$19,043$365$101,684
Travel$85,782$14,488-$100,270
Fees for Services Accounting-$45,950-$45,950
Other Expenses$12,761$18,620$177$31,381
Conferences and Meetings$2,582$7,759$236$10,577
Fees for Services Legal-$5,817-$5,817
Interest$5,466--$5,466
Total Functional Expenses$8,034,408$1,748,762$24,785$9,807,955

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,807,955
Total Expenses per Audited Statements$9,807,955
Total Expenses per Form 990$9,807,955
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability - Operating$806,865
457 Plan Liability$67,276
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 35% controlled entity
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

There is no formal review process for the 990 by the board of directors. The form 990 is reviewed and approved by the director of finance and reviewed by the finance committee.

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

Directors sign a conflict of interest statement annually and assess possible conflicts of interest at that time.

Form 990, Part VI, Section B, Line 15

The board reviews and approves the compensation of the president and ceo and the director of finance on an annual basis by looking at other comparable positions and based on the experience of those individuals.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Thresholds Inc
EIN
38-2063018
Phone
6164550960
Address
160 68TH STREET SW 130, GRAND RAPIDS, MI 49548

Signing Officer

Name
Jacquelyn Johnson
Title
President/CEO
Phone
6164550960
Signed
2026-01-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jacquelyn Johnson
Formed
1975
Legal Domicile
Mi
Voting Board Members
11
Independent Board Members
11
Employees
252
Volunteers
50

Preparer

Firm
Doeren Mayhew
Address
56 CESAR E CHAVEZ AVE SW STE 100, GRAND RAPIDS, MI 49503
Preparer
Justin D Hawkes CPA
Phone
6162355200
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

There has been no change to the oversight of the audit or selection of independent auditors.

Financial Statement Notes

PART IV, LINE 2B:

Clients can elect (in some instances are required) to have a person or agency to act as their representative payee for social security or ssi payments. There is a pooled account that the money is deposited into. Each client has a separate ledger and payments are made on behalf of the client for rent, utilities, personal allowance, etc.

PART X, LINE 2:

The internal revenue service has determined that the agency is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. In addition, the agency qualifies for charitable contribution deductions and has been classified as an organization that is not a private foundation under section 509(a)(2). Tax positions taken are assessed for uncertainty and a provision may be recorded if a tax position is not likely to be sustained upon examination.

Raw XML AppendixShowing 400 of 566 raw XML fields

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/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt2EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR THROUGH 12/31/24
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IRS990ScheduleA/InvestmentIncomeCYPct00.00100
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99900
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IRS990/ScheduleBRequiredInd01

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