Operation Threshold Inc

Nonprofit profile at a glance

EIN
420982549
IRS 990 coverage
2018–2024
Forms available
Form 990 2024
Location
Waterloo, IA, USA
Phone
3192912065
Rating
90
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$12,580,869
Expenses
$12,401,525
Assets
$5,705,869
Liabilities
$1,152,230

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • BARBARA A GRANT (EXECUTIVE DIRECTOR)

Highest reported compensation

  • BARBARA A GRANT (EXECUTIVE DIRECTOR): $117,521 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Operation threshold will collaborate, educate and provide services to help meet the basic needs of people and create opportunities for self-sufficiency.

What it reported doing in 2024

The maternal, infant, and early childhood home visiting program (miechv) provides evidence-based home visitation services to improve health and developmental outcomes for at-risk young children, improves coordination of services for at-risk communities, and identifies and provides comprehensive services to improve outcomes for families who reside in at-risk communities.family development and self sufficiency - program provides family development and self sufficiency counseling assistance to low-income households.other programs included: volunteer programs/organization of volunteers, parents as teachers, nest programs, weatherization plus/home repair program, grundy county food pantry, wic breastfeeding peer counseling, crisis/assistance to low-income individuals in need of crisis assistance

Operating model

Revenue model
Grant-funded. 95% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 71% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.4%; rating input score 89
  • Program expense ratio: 90.7%; rating input score 91
  • Fundraising efficiency: $39.23 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.8%; rating input score 100; 38th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.4%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.2; rating input score 58; 58th percentile among comparable filings
  • Officer compensation ratio: 0.9%; rating input score 86; 86th percentile among comparable filings

Growth

  • Program expense growth: 2.7% per year; rating input score 100; 24th percentile among comparable filings
  • Revenue growth: 2.7% per year; rating input score 100; 23rd percentile among comparable filings
  • Asset growth: 0.7% per year; rating input score 100; 13th percentile among comparable filings

Details

  • Where the money goes: 89.4% of revenue deployed · 90.7% of spending went to programs
  • Governance: 13 of 13 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $11.3M in reported program spending
  • Leadership: top reported pay $118K · 14 people listed
  • Highest-paid contractors: 5 contractors listed · $1.1M reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 40/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • Review — Sustainability: Liabilities to assets ratio scored 58/100.