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Nonprofit · EIN 13-3028214

THE THRESHOLD FOUNDATION

Tax-exempt · BREWSTER, NY 10509

Financials

$6M$3.2M2023$3.7M$3.2M2024
Revenue Expenses · by fiscal year end
Financials of THE THRESHOLD FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,723,759$3,217,842$505,917$8,077,404$502,925$7,574,479
December 31, 2023990 (amended)$5,954,700$3,222,534$2,732,166$7,467,276$173,983$7,293,293
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,984,172
Membership dues
$355,921
Program service revenue
$214,747
Investment income
$502,645
Net gain from sales of assets
$293,691
Other revenue
$22,195

Expenses

Grants and similar amounts paid
$2,339,600
Compensation of officers, directors and key employees
$287,251
Salaries, compensation and benefits (total)
$358,641
Professional fundraising fees
$0
Legal fees
$4,610
Accounting fees
$86,278
Travel
$381
Depreciation
$2,653
Program services (functional)
$2,870,305
Management and general (functional)
$347,537

Balance sheet and other

Total assets, start of year
$7,467,276
Total assets, end of year
$8,077,404
Total liabilities, end of year
$502,925
Net assets, end of year
$7,574,479
Land, buildings and equipment
$10,613
Publicly traded securities
$6,096,026
Net assets without donor restrictions
$1,100,641
Net assets with donor restrictions
$6,473,838
Gross receipts
$5,156,864
Employees
2
Volunteers
60
Year formed
1979
State of legal domicile
NY

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ISAAC GRAVESCOO
Officer
40$145,292$35,796
CAROLYN PINCUSCIO
Officer
40$137,850$24,355
MARSELA PECANACBOARD MEMBER
Trustee or director
1$0$0
JOSH MAILMANSecretary
Trustee or director, Officer
1$0$0
LAURIE EMRICHBOARD MEMBER
Trustee or director
1$0$0
EMILY SCHWARTZBOARD MEMBER
Trustee or director
1$0$0
JIM GOLLINBOARD MEMBER
Trustee or director
1$0$0
JAMES FERRARITreasurer
Trustee or director, Officer
1$0$0
LEONARD SOBCZAKPresident
Trustee or director, Officer
2$0$0
BRAD COYFORMR BOARD MBR
Trustee or director
1$0$0
BARBARA MEYERBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
ISAAC GRAVESCOO/FDN DIR
Officer
40$126,085$31,674
CAROLYN PINCUSDIRECTOR40$112,083$12,504
MARSELA PECANACPresident
Trustee or director, Officer
2$0$0
JOSH MAILMANSecretary
Trustee or director, Officer
1$0$0
KAREN SWIFTFORMR TREASURE
Trustee or director, Officer
1$0$0
EMILY SCHWARTZBOARD MEMBER
Trustee or director
1$0$0
JIM GOLLINBOARD MEMBER
Trustee or director
1$0$0
JAMES FERRARITreasurer
Trustee or director, Officer
1$0$0
LEONARD SOBCZAKBOARD MEMBER
Trustee or director
1$0$0
BRAD COYBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
12 MAIN ST PMB 1508, BREWSTER, NY 10509-6402
Principal officer (990 for 2024)
ISAAC GRAVES, 12 MAIN STREET PMB 1508, BREWSTER, NY 10509
Signed the 990
ISAAC GRAVES, COO
Phone
(914) 257-3598
Return prepared by
ADEPTUS ADVISORS LLC

Mission

The foundation's mission is to foster environmental sustainability and community empowerment through strategic grant-making and partnerships

990 for the year ended December 31, 2024

Program accomplishments

  • The foundation fosters environmental sustainability and community empowerment through strategic grant-making and partnerships
    Expenses $2,870,305 · grants $2,339,600 · revenue $214,747

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-3028214
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
1984
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,077,404
Income (IRS master file)
$5,156,864

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,723,759$3,217,842$8,077,404IRS
990December 2023$5,954,700$3,222,534$7,467,276XML
990December 2022$2,406,794$2,742,344$4,083,840IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 13-3028214).

Questions about THE THRESHOLD FOUNDATION

What is the EIN of THE THRESHOLD FOUNDATION?
The employer identification number (EIN) of THE THRESHOLD FOUNDATION is 13-3028214.
Is THE THRESHOLD FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to THE THRESHOLD FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE THRESHOLD FOUNDATION 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 THE THRESHOLD FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE THRESHOLD FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE THRESHOLD FOUNDATION?
The 990 for the year ended December 31, 2024 names ISAAC GRAVES.
Who are the officers and directors of THE THRESHOLD FOUNDATION?
The 990 for the year ended December 31, 2024 lists 11 people; 2 received compensation from the organization, the highest $145,292 (ISAAC GRAVES, COO).
How much revenue does THE THRESHOLD FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,723,759, expenses of $3,217,842 and total assets of $8,077,404 at year end.

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