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Nonprofit · EIN 56-1458745

THRESHOLD INC

Tax-exempt · DURHAM, NC 27703

Financials

$927K$764K2022$730K$831K2023$1M$971K2024
Revenue Expenses · by fiscal year end
Financials of THRESHOLD INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,005,685$971,006$34,679$1,825,755$94,767$1,730,988
June 30, 2024990$729,698$831,078-$101,380$1,785,264$88,955$1,696,309
June 30, 2023990$927,234$763,672$163,562$1,845,291$65,952$1,779,339
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$288,911
Program service revenue
$616,530
Investment income
$75,021
Net gain from sales of assets
$49,588
Other revenue
$25,223

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$87,008
Other salaries and wages
$482,676
Salaries, compensation and benefits (total)
$698,104
Professional fundraising fees
$0
Accounting fees
$42,344
Occupancy
$14,338
Travel
$1,879
Depreciation
$15,641
Program services (functional)
$862,117
Management and general (functional)
$96,308
Fundraising (functional)
$12,581

Balance sheet and other

Total assets, start of year
$1,785,264
Total assets, end of year
$1,825,755
Total liabilities, end of year
$94,767
Net assets, end of year
$1,730,988
Land, buildings and equipment
$216,801
Net assets without donor restrictions
$1,660,438
Net assets with donor restrictions
$70,550
Gross receipts
$1,005,685
Employees
13
Volunteers
25
Year formed
1996
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ELIZABETH BARBEREXECUTIVE DIRECTOR
Officer
40$87,008
TAYLOR DAVIESPRESIDENT
Trustee or director, Officer
3$0
SISSY HOLLOMANDIRECTOR
Trustee or director, Officer
1$0
SUSAN HERTZVICE PRESIDENT
Trustee or director, Officer
1$0
JACOB SCHONBERGSECRETARY
Trustee or director, Officer
1$0
DAVID COOKTREASURER
Trustee or director, Officer
1$0
JENNY TILFORDDIRECTOR
Trustee or director
1$0
KIMBERLY MONROEDIRECTOR
Trustee or director
1$0
JENNY KRISINSKY-OSTROVOSKYDIRECTOR
Trustee or director
1$0
TONYA MCINTEEDIRECTOR
Trustee or director
1$0
FREDERICK JONESDIRECTOR
Trustee or director
1$0
ANTHONY WILLIAMSDIRECTOR
Trustee or director
1$0
TAMMY WINGFIELDDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 12 people
NameTitleHours / weekCompensationOther / benefits
ELIZABETH BARBEREXEC. DIRECTOR
Officer
40$84,898$14,819
BILLIE GUTHRIEPRESIDENT
Trustee or director, Officer
1$0$0
BARRY DAVISVICE PRESIDENT
Trustee or director, Officer
1$0$0
TAYLOR DAVIESTREASURER
Trustee or director, Officer
1$0$0
FELICIA DUNSTONSECRETARY
Trustee or director, Officer
1$0$0
CAROLYN CROWDERDIRECTOR
Trustee or director
1$0$0
SUSAN HERTZDIRECTOR
Trustee or director
1$0$0
FRED JONESDIRECTOR
Trustee or director
1$0$0
JENNIE LEWISDIRECTOR
Trustee or director
1$0$0
VALERETTA ROBERTSDIRECTOR
Trustee or director
1$0$0
BETSY SUMNERDIRECTOR
Trustee or director
1$0$0
TAMARA WINGFIELDDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
ELIZABETH BARBEREXEC. DIRECTOR
Officer
40$86,512$14,252
BILLIE GUTHRIEPRESIDENT
Trustee or director, Officer
1$0$0
BARRY DAVISVICE PRESIDENT
Trustee or director, Officer
1$0$0
TAYLOR DAVIESTREASURER
Trustee or director, Officer
1$0$0
FELICIA DUNSTONSECRETARY
Trustee or director, Officer
1$0$0
CAROLYN CROWDERDIRECTOR
Trustee or director
1$0$0
SUSAN HERTZDIRECTOR
Trustee or director
1$0$0
FRED JONESDIRECTOR
Trustee or director
1$0$0
JENNIE LEWISDIRECTOR
Trustee or director
1$0$0
VALERETTA ROBERTSDIRECTOR
Trustee or director
1$0$0
BETSY SUMNERDIRECTOR
Trustee or director
1$0$0
TAMARA WINGFIELDDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
609 GARY ST, DURHAM, NC 27703-2201
Principal officer (990 for 2024)
ELIZABETH BARBER, 609 GARY ST, DURHAM, NC 27278
Signed the 990
ELIZABETH BARBER, EXECUTIVE DIRECTOR
Phone
(919) 682-4124
Return prepared by
SHARPE PATEL CPA

Mission

THRESHOLD WORKS TO IMPROVE THE QUALITY OF LIFE FOR ADULTS WITH SEVERE AND PERSISTENT MENTAL ILLNESS IN DURHAM COUNTY BY PROVIDING A SUPPORTIVE ENVIRONMENT WITH OPPORTUNITIES THAT ADDRESS VOCATIONAL, EDUCATIONAL, SOCIAL, RECREATIONAL, AND RESIDENTIAL NEEDS.

990 for the year ended June 30, 2025

Program accomplishments

  • THRESHOLD HELPS ADULTS IN DURHAM COUNTY, NORTH CAROLINA, WITH SEVERE AND PERSISTENT MENTAL ILLNESS REDUCE HOSPITALIZATIONS, OBTAIN AND MAINTAIN EMPLOYMENT, PURSUE EDUCATION, AND ACHIEVE PERSONAL GOALS. ESTABLISHED IN 1985, THRESHOLD FOLLOWS THE FOUNTAIN HOUSE CLUBHOUSE MODEL AND IS ACCREDITED BY CLUBHOUSE INTERNATIONAL AND CARF.THE ORGANIZATION PROVIDES A COMPREHENSIVE RANGE OF SERVICES, INCLUDING PRE-VOCATIONAL TRAINING, SUPPORTED EMPLOYMENT OPPORTUNITIES (PART-TIME, FULLY COMPENSATED POSITIONS), LIFE SKILLS DEVELOPMENT, AND EDUCATIONAL, SOCIAL, AND RECREATIONAL ACTIVITIES. FEWER THAN 10% OF PARTICIPATING MEMBERS REPORT HOSPITALIZATION FOR MENTAL HEALTH REASONS WHILE ENGAGED IN THE PROGRAM.THRESHOLD SERVES APPROXIMATELY 60 UNDUPLICATED MEMBERS ANNUALLY THROUGH ONSITE SERVICES AND PROVIDES SUBSIDIZED AND FREE MEALS TO SUPPORT MEMBER PARTICIPATION. THE ORGANIZATION PARTNERS WITH LOCAL NONPROFITS, UNIVERSITIES, AND EMPLOYERS TO OFFER AN INDIVIDUALIZED ARRAY OF EDUCATIONAL, HOUSING, AND EMPLOYMENT SERVICES AND RESOURCES. MEMBERS ENGAGE IN PROGRAMMING DESIGNED TO BUILD DAILY LIVING, SOCIAL, AND PRE-VOCATIONAL SKILLS, WITH AN AVERAGE DAILY ATTENDANCE OF APPROXIMATELY 35 PARTICIPANTS. NEW ACCOMPLISHMENTS INCLUDE THE RECEIPT OF A GRANT FROM LABCORP, EXPANDING THE ORGANIZATION'S BASE OF SUPPORT, AND THE CELEBRATION OF 40 YEARS OF PROVIDING MENTAL HEALTH SERVICES TO THE DURHAM COMMUNITY.
    Expenses $862,117 · revenue $641,753

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-1458745
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1985
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,825,755
Income (IRS master file)
$1,005,685

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,005,685$971,006$1,825,755IRS
990June 2024$729,698$831,078$1,785,264IRS
990June 2023$927,234$763,672$1,845,291XML
990June 2022$876,404$623,746$1,661,118IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1458745).

Questions about THRESHOLD INC

What is the EIN of THRESHOLD INC?
The employer identification number (EIN) of THRESHOLD INC is 56-1458745.
Is THRESHOLD INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to THRESHOLD INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THRESHOLD INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THRESHOLD INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THRESHOLD INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of THRESHOLD INC?
The 990 for the year ended June 30, 2025 names ELIZABETH BARBER.
Who are the officers and directors of THRESHOLD INC?
The 990 for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $87,008 (ELIZABETH BARBER, EXECUTIVE DIRECTOR).
How much revenue does THRESHOLD INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,005,685, expenses of $971,006 and total assets of $1,825,755 at year end.

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