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Operation Threshold Inc

EIN 42-0982549 · Waterloo, IA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair58 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

OPERATION THRESHOLD WILL COLLABORATE, EDUCATE AND PROVIDE SERVICES TO HELP MEET THE BASIC NEEDS OF PEOPLE AND CREATE OPPORTUNITIES FOR SELF-SUFFICIENCY.

Income
$12.6 million
Spending
$12.4 million
Spent on programs
91%
Reserves
-1 months of spending
Largest source of income
government grants, 96%
Employees
50
Volunteers
17
Highest pay
$117,521, executive director

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 58 out of 100.

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    16 of 20

    It owes 20% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 1% of income.

  • Income trend

    15 of 15

    Income rose 3% on the year before.

  • Spending floor

    15 of 15

    91% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100.

  • Independent board

    25 of 25

    13 of 13 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $1.3 million spent. WOMEN, INFANTS, AND CHILDREN PROGRAM - PROVIDES NUTRITION, EDUCATION AND FOOD BENEFITS TO INCOME ELIGIBLE PREGNANT WOMEN, BREASTFEEDING MOTHERS AND CHILDREN UP TO AGE FIVE. IN FISCAL YEAR 2025 THE PROGRAM SERVED 5,079 PARTICIPANTS IN ITS FOUR COUNTY REGION.
  2. $2.9 million spent. LOW-INCOME HOME ENERGY ASSISTANCE PROGRAM - PROVIDES LOW-INCOME HOUSEHOLDS WITH A ONE TIME PER YEAR PAYMENT TO HELP DEFRAY THE COSTS TO HEAT THEIR HOMES IN THE WINTER. IN ADDITION, IT PROVIDES CRISIS ASSISTANCE TO PREVENT UTILITY DISCONNECTIONS, RECONNECT UTILITIES, AND REPAIR/REPLACE INOPERABLE FURNACES. IN FISCAL YEAR 2025, THE PROGRAM PROVIDED ASSISTANCE TO 4,306 HOUSEHOLDS IN OUR THREE COUNTY SERVICE AREA.
  3. $444,896 spent. WEATHERIZATION PROGRAM - PROGRAM WORKS TO REDUCE HEATING AND COOLING COST FOR ELIGIBLE HOUSEHOLDS BY INSTALLING INSULATION, REPAIRING OR REPLACING FURNACES AND/OR WATER HEATERS, AND REPLACING REFRIGERATORS AND FREEZERS WHEN NECESSARY. IN FISCAL YEAR 2025, THE PROGRAM WEATHERIZED 49 HOMES, REPAIRED 44 FURNACES, REPLACED 29 FURNACES, REPAIRED 27 WATER HEATERS, REPLACED 26 WATER HEATERS AND CONDUCTED HEALTH AND SAFETY MEASURES ON 48 HOMES.
  4. $6.6 million spent. 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

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending September 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 1983.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

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