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Nonprofiteer
← THRESHOLD FOUNDATION INC

Form 990 for tax year 2024

Filed by THRESHOLD FOUNDATION INC.

Totals

Total revenue
$285,991
Total expenses
$229,848
Contributions and grants received
$28,934
Grants paid
$200,181
Program service revenue
$0
Investment income
$257,057
Other revenue
$0
Total assets, end of year
$5,711,203
Total liabilities, end of year
$9,352
Net assets or fund balances, end of year
$5,701,851
Program services expenses (Part IX)
$200,181
Management and general expenses
$29,667
Fundraising expenses
$0
Program service expenses (Part III)
$200,181

Program services were 87.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • MICHAEL HOFFMAN

    EXECUTIVE DIRECTOR

    Total calculated
    $134,237
    From this org
    $0
    From related orgs
    $99,503
    Other
    $34,734
    Hours/week
    40

  • DONALD BETTERS

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • CLAIRE ROLFS

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • MIKE NOWACK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ISAIAH RICHIE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SUE GARMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
8 August 2025
IRS schema version
2024v5.2
Source object
202502319349301125

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