Civic Intelligence

Threshold Foundation Inc.

990 • Fiscal year 2020 • EIN 39-1525008

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 26, 2021

600 Rolfs AveWest Bend, WI 53090

(262) 338-1188

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

18th percentile

-15%

Higher net margin than 18% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

77th percentile

$123,267

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 80.1% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

58th percentile

9.5%

Faster asset growth than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

20th percentile

-24%

Faster revenue growth than 20% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$4,306,306

Up $372,903 (+9.5%) from 2019

Net Assets

Up

$4,306,306

Up $372,903 (+9.5%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$153,941

Down $47,564 (-24%) from 2019

Expenses

Up

$177,183

Up $5,656 (+3.3%) from 2019

Net Income

Down

-$23,242

Down $53,220 (-178%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $3,157,978Liabilities 2011: $7,450Net Assets 2011: $3,150,5282011Assets 2012: $3,361,430Liabilities 2012: $7,390Net Assets 2012: $3,354,0402012Assets 2013: $3,396,916Liabilities 2013: $9,127Net Assets 2013: $3,387,7892013Assets 2014: $3,418,689Liabilities 2014: $2,360Net Assets 2014: $3,416,3292014Assets 2015: $3,376,082Liabilities 2015: $0Net Assets 2015: $3,376,0822015Assets 2016: $3,417,063Liabilities 2016: $0Net Assets 2016: $3,417,0632016Assets 2017: $3,733,805Liabilities 2017: $0Net Assets 2017: $3,733,8052017Assets 2018: $3,425,149Liabilities 2018: $0Net Assets 2018: $3,425,1492018Assets 2019: $3,933,403Liabilities 2019: $0Net Assets 2019: $3,933,4032019Assets 2020: $4,306,306Liabilities 2020: $0Net Assets 2020: $4,306,3062020Assets 2021: $5,228,866Liabilities 2021: $0Net Assets 2021: $5,228,8662021Assets 2022: $4,684,964Liabilities 2022: $0Net Assets 2022: $4,684,9642022Assets 2023: $5,252,333Liabilities 2023: $0Net Assets 2023: $5,252,3332023Assets 2024: $5,711,203Liabilities 2024: $9,352Net Assets 2024: $5,701,8512024

Highlighted filing

2020

Assets$4,306,306
Liabilities$0
Net Assets$4,306,306

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $635,736Expenses 2011: $153,152Net Income 2011: $482,5842011Expenses 2012: $158,1392012Revenue 2013: $185,395Expenses 2013: $550,311Net Income 2013: -$364,9162013Revenue 2014: $250,359Expenses 2014: $155,520Net Income 2014: $94,8392014Revenue 2015: $308,096Expenses 2015: $161,086Net Income 2015: $147,0102015Revenue 2016: $140,555Expenses 2016: $167,317Net Income 2016: -$26,7622016Revenue 2017: $199,511Expenses 2017: $170,226Net Income 2017: $29,2852017Revenue 2018: $237,705Expenses 2018: $174,913Net Income 2018: $62,7922018Revenue 2019: $201,505Expenses 2019: $171,527Net Income 2019: $29,9782019Revenue 2020: $153,941Expenses 2020: $177,183Net Income 2020: -$23,2422020Revenue 2021: $1,226,899Expenses 2021: $184,549Net Income 2021: $1,042,3502021Revenue 2022: $365,822Expenses 2022: $200,460Net Income 2022: $165,3622022Revenue 2023: $322,342Expenses 2023: $212,404Net Income 2023: $109,9382023Revenue 2024: $285,991Expenses 2024: $229,848Net Income 2024: $56,1432024

Highlighted filing

2020

Revenue$153,941
Expenses$177,183
Net Income-$23,242
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 26, 2021
Return Version
2020v4.0
Gross Receipts
$1,598,227
Mission and Program Overview

Mission

The threshold foundation inc. Was established to support the threshold incorporated's programs directed to provide services to people with disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,651,324$4,030,041▲ $378,717
Savings and Temporary Cash Investments$77,306$58,355▼ $18,951
Cash and Non-Interest-Bearing Accounts$12,750--
Prepaid Expenses and Deferred Charges$11,071$9,108▼ $1,963
Accounts Receivable-$5,000-
Total Assets$3,933,403$4,306,306▲ $372,903
Other Assets Total$180,952$203,802▲ $22,850
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,933,403$4,306,306▲ $372,903
Total Net Assets Fund Balance$3,933,403$4,306,306▲ $372,903
Total Liabilities and Net Assets / Fund Balance$3,933,403$4,306,306▲ $372,903

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$3,933,403$27,476▲ $503,782$154,785$4,306,306
2019$3,425,149$35,020▲ $626,586$151,912$3,933,403
2018$3,733,805$16,219▼ $168,094$155,144$3,425,149
2017$3,417,063$6,721▲ $462,474$151,353$3,733,805
2016$3,376,082$5,152▲ $188,759$150,400$3,417,063
Compensation and Service Providers

Employees

NameTitleOtherTotal
John BloorSecretary$123,267$123,267

Board Members and Trustees

NameTitle
Jeff MillerPresident
Claire RolfsDirector
Mike NowackDirector
Gretchen VickneyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$27,476
Program Service Revenue
$0
Investment Income
$126,448
Other Revenue
$17
All Other Contributions
$27,476
Change in Net Assets
$-23,242
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$177,183
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$154,802--$154,802
Other Expenses$18,811--$18,811
Advertising$2,570--$2,570
Fees for Services Accounting$1,000--$1,000
Total Functional Expenses$177,183$0$0$177,183
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

A first review is done by administration; then it is reviewed by the full board of directors of the threshold foundation, inc.

Form 990, Page 6, Part VI, Line 12C

The full threshold foundation board of directors, at an officially called meeting, reviews the conflict of interest policy; each board member then signs a statement of compliance with the policy which is held on record.

Form 990, Page 6, Part VI, Line 19

The threshold foundation makes its governing documents, conflict of interest policy, and financial statements available to the public at its principal administrative offices during normal business hours, and in response to written requests received at its principal administrative offices.

Filing and Contact Details

Filer

Filer Name
The Threshold Foundation Inc
EIN
39-1525008
Phone
2623381188
Address
600 ROLFS AVE, WEST BEND, WI 53090

Signing Officer

Name
Gretchen Vickney
Title
Treasurer
Phone
2623381188
Signed
2021-07-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gretchen Vickney
Formed
1988
Legal Domicile
Wi
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Kieckhafer Dietzler Hauser Hanson Llp
Address
PO BOX 637, WEST BEND, WI 53095-0637
Preparer
James Saueressig
Phone
2623342341
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Change in unrealized gains on investments 373,294 change in net assets of the greater milwaukee foun 22,851 total 396,145

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The board designated or quasi-endowment has an intended use of supporting the threshold incorporated's programs.

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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03733805
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0462474
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0151353
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt02530
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03376082
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt05152
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt03417063
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0188759
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0150400
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE BOARD DESIGNATED OR QUASI-ENDOWMENT HAS AN INTENDED USE OF SUPPORTING THE THRESHOLD INCORPORATED'S PROGRAMS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A FIRST REVIEW IS DONE BY ADMINISTRATION; THEN IT IS REVIEWED BY THE FULL BOARD OF DIRECTORS OF THE THRESHOLD FOUNDATION, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FULL THRESHOLD FOUNDATION BOARD OF DIRECTORS, AT AN OFFICIALLY CALLED MEETING, REVIEWS THE CONFLICT OF INTEREST POLICY; EACH BOARD MEMBER THEN SIGNS A STATEMENT OF COMPLIANCE WITH THE POLICY WHICH IS HELD ON RECORD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE THRESHOLD FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT ITS PRINCIPAL ADMINISTRATIVE OFFICES DURING NORMAL BUSINESS HOURS, AND IN RESPONSE TO WRITTEN REQUESTS RECEIVED AT ITS PRINCIPAL ADMINISTRATIVE OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CHANGE IN UNREALIZED GAINS ON INVESTMENTS 373,294 CHANGE IN NET ASSETS OF THE GREATER MILWAUKEE FOUN 22,851 TOTAL 396,145
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE THRESHOLD INCORPORATED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0391102430
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HUMAN SERV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0600 ROLFS AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WEST BEND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd053090
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0154802
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH TRANSFERS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THE THRESHOLD INCORPORATED
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03933403
IRS990/TotalAssetsEOYAmt04306306
IRS990/TotalAssetsGrp/BOYAmt03933403
IRS990/TotalAssetsGrp/EOYAmt04306306
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt027476
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0177183
IRS990/TotalFunctionalExpensesGrp/TotalAmt0177183
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03933403
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04306306
IRS990/TotalProgramServiceExpensesAmt0177183
IRS990/TotalRevenueGrp/ExclusionAmt0126465
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0153941
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03933403
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04306306
IRS990/TotReportableCompRltdOrgAmt0123267
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0600 ROLFS AVE
IRS990/USAddress/CityNm0WEST BEND
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053095
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GRETCHEN VICKNEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02623381188
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE THRESHOLD FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0THRE
ReturnHeader/Filer/EIN0391525008
ReturnHeader/Filer/PhoneNum02623381188
ReturnHeader/Filer/USAddress/AddressLine1Txt0600 ROLFS AVE
ReturnHeader/Filer/USAddress/CityNm0WEST BEND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053090
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390843014
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KIECKHAFER DIETZLER HAUSER HANSON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 637
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST BEND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0530950637
ReturnHeader/PreparerPersonGrp/PhoneNum02623342341
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES SAUERESSIG
ReturnHeader/ReturnTs02021-08-18T19:12:27-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GRETCHEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VICKNEY
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.71$0.01$5.70$0.29$0.23$0.06
2023Detailed filing. Detailed filing data is available for this year.$5.25$0.00$5.25$0.32$0.21$0.11
2022Detailed filing. Detailed filing data is available for this year.$4.68$0.00$4.68$0.37$0.20$0.17
2021Detailed filing. Detailed filing data is available for this year.$5.23$0.00$5.23$1.23$0.18$1.04
2020Detailed filing. Detailed filing data is available for this year.$4.31$0.00$4.31$0.15$0.18$0.02
2019Detailed filing. Detailed filing data is available for this year.$3.93$0.00$3.93$0.20$0.17$0.03
2018Detailed filing. Detailed filing data is available for this year.$3.43$0.00$3.43$0.24$0.17$0.06
2017Detailed filing. Detailed filing data is available for this year.$3.73$0.00$3.73$0.20$0.17$0.03
2016Detailed filing. Detailed filing data is available for this year.$3.42$0.00$3.42$0.14$0.17$0.03
2015Detailed filing. Detailed filing data is available for this year.$3.38$0.00$3.38$0.31$0.16$0.15
2014Detailed filing. Detailed filing data is available for this year.$3.42$0.00$3.42$0.25$0.16$0.09
2013Detailed filing. Detailed filing data is available for this year.$3.40$0.01$3.39$0.19$0.55$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$0.01$3.35$0.16
2011Summary only. Only limited summary data is available for this year.$3.16$0.01$3.15$0.64$0.15$0.48