Thresholds Inc

Human Services · Grand Rapids, Michigan

160 68Th St Sw, Grand Rapids, MI 49548-7145

EIN: 382063018· Founded: Apr 1976· 50 years active· Filing Year: 2023

Annual Revenue

$14.1M

Total Expenses

$9.6M

Total Assets

$8.9M

Program Spending

104%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$295K

3.1% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$6.4M

Total Payroll

$6.7M

70% of total expenses

Where the Money Goes

100%

Programs: 100%

Payroll: 70%

Other overhead: -4%

Program Revenue$10.0M (70%)

Total Expenses$9.6M (68%)

Payroll$6.7M (70%)

Overhead (non-program)-4%

Trust Score Breakdown

Program Spending Ratio

104% of expenses go to programs

40%

Revenue & Stability

$14.1M annual revenue

15%

Executive Compensation

$295K total officer comp (3.1% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$8.9M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.