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Threshold Montessori School

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Human Services — Multipurpose and Other / Child Day Care (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$423k (2021)

Expenses
$394k (2021)

Total Assets
$261k (2021)

Total Liabilities
$23.9k (2021)

Source: Form 990 tax filings from 2011 to 2021

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$423,155
Expenses
$394,089
Net Income
$29,066
Net Assets
$236,839
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,796
2.3%
Program Services $413,359
97.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $68,760
17.4%
Professional Fundraising Fees $0
Other Salaries and Wages $176,668
44.8%
Assets/Debt
Total Assets $260,787
Total Liabilities $23,948
Net Assets $236,839
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Patty Ferrar (Executive Director) $68,760 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$382,722
Expenses
$341,855
Net Income
$40,867
Net Assets
$156,672
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $382,722
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $66,720
19.5%
Professional Fundraising Fees $0
Other Salaries and Wages $173,023
50.6%
Assets/Debt
Total Assets $227,627
Total Liabilities $70,955
Net Assets $156,672
Compensation
Key Employees and Officers Compensation Related Other
Patty Ferrar (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$374,224
Expenses
$345,031
Net Income
$29,193
Net Assets
$115,805
Notable Sources of Revenue Percent of Total Revenue
Contributions $43,201
11.5%
Program Services $330,830
88.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $193
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $67,911
19.7%
Professional Fundraising Fees $0
Other Salaries and Wages $180,919
52.4%
Assets/Debt
Total Assets $132,816
Total Liabilities $17,011
Net Assets $115,805
Compensation
Key Employees and Officers Compensation Related Other
Patty Ferrar (Executive Director) $67,911 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$336,656
Expenses
$311,165
Net Income
$25,491
Net Assets
$86,045
Notable Sources of Revenue Percent of Total Revenue
Contributions $26,250
7.8%
Program Services $306,929
91.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,477
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $66,720
21.4%
Professional Fundraising Fees $0
Other Salaries and Wages $153,321
49.3%
Assets/Debt
Total Assets $100,579
Total Liabilities $14,534
Net Assets $86,045
Compensation
Key Employees and Officers Compensation Related Other
Patty Ferrar (Executive Director) $66,720 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$291,220
Expenses
$294,163
Net Income
-$2,943
Net Assets
$60,554
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,853
10.6%
Program Services $260,367
89.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $66,720
22.7%
Professional Fundraising Fees $0
Other Salaries and Wages $137,748
46.8%
Assets/Debt
Total Assets $84,212
Total Liabilities $23,658
Net Assets $60,554
Compensation
Key Employees and Officers Compensation Related Other
Sean Reyneolds (Vice Pres.) $0 $0 $0
Jada Turner (Treasurer) $0 $0 $0
Patricia Ferrar (Exec Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$265,561
Expenses
$253,939
Net Income
$11,622
Net Assets
$63,497
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $265,561
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $63,720
25.1%
Professional Fundraising Fees $0
Other Salaries and Wages $120,567
47.5%
Assets/Debt
Total Assets $81,845
Total Liabilities $18,348
Net Assets $63,497
Compensation
Key Employees and Officers Compensation Related Other
Sean Reyneolds (Vice Pres.) $0 $0 $0
Jada Turner (Treasurer) $0 $0 $0
Patricia Ferrar (Exec Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$243,808
Expenses
$222,976
Net Income
$20,832
Net Assets
$51,875
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $243,808
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $52,320
23.5%
Professional Fundraising Fees $0
Other Salaries and Wages $108,177
48.5%
Assets/Debt
Total Assets $70,010
Total Liabilities $18,135
Net Assets $51,875
Compensation
Key Employees and Officers Compensation Related Other
Sean Reyneolds (Vice Pres.) $0 $0 $0
Jada Turner (Treasurer) $0 $0 $0
Patricia Ferrar (Exec Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$263,470
Expenses
$234,201
Net Income
$29,269
Net Assets
$31,043
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $263,470
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $113,361
48.4%
Assets/Debt
Total Assets $53,234
Total Liabilities $22,191
Net Assets $31,043
Compensation
Key Employees and Officers Compensation Related Other
Patricia Ferrar (Exec Director) $52,320 $0 $0
Sean Reyneolds (Vice Pres.) $0 $0 $0
Jada Turner (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$277,277
Expenses
$277,471
Net Income
-$194
Net Assets
$376
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $277,277
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $178,665
64.4%
Assets/Debt
Total Assets $25,744
Total Liabilities $25,368
Net Assets $376
Compensation
Key Employees and Officers Compensation Related Other
Patricia Ferrar (Exec Director) $52,320 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$186,169
Expenses
$186,965
Net Income
-$796
Net Assets
$569
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $186,169
100%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $15,539
Total Liabilities $14,970
Net Assets $569

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$186,456
Expenses
$185,548
Net Income
$908
Net Assets
$1,365
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $186,456
100%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $15,742
Total Liabilities $14,377
Net Assets $1,365

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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