Third Option Foundation
Reston, Virginia
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 15 peers in Human Services with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $9,117,569↓28% | $6,417,442↑35% | $34,607,554↑11% | — |
| 2022 | $12,642,351↑3% | $4,770,970↑5% | $31,184,705↑25% | — |
| 2021 | $12,300,421↑595% | $4,528,197↑41% | $24,876,503↑54% | — |
| 2020 | $1,770,856↓76% | $3,202,396↓1% | $16,131,706↓5% | — |
| 2019 | $7,300,181↓37% | $3,235,267↑38% | $17,027,201↑32% | — |
| 2018 | $11,522,293↑317% | $2,349,312↑110% | $12,864,802↑277% | — |
| 2017 | $2,763,830↑120% | $1,118,915↑12% | $3,410,835↑95% | — |
| 2016 | $1,254,840↑38% | $998,738↑313% | $1,745,624↑149% | — |
| 2015 | $911,342↑3582% | $241,536↑4974% | $701,393↑2734% | — |
| 2014 | $24,750 | $4,760 | $24,750 | — |
Frequently Asked Questions
What does Third Option Foundation do?▼
Third Option Foundation is a human services nonprofit organization based in Virginia. It is classified under NTEE code P99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Third Option Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Third Option Foundation has a score of 70/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Third Option Foundation generate?▼
Third Option Foundation reports $12.8M in annual revenue and holds $41.5M in total assets, based on IRS filings.
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