B — EducationEIN: 812937922· Ruling Year: 2016

Third Future Schools

Aurora, Colorado

B-Health Score
52B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.62×
Peer Median9.48×
💰
$28.6M
Total Revenue
📊
$32.9M
Total Expenses
🏦
-$20.3M
Net Assets
📋
$87.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.1%
Year-over-year change (2023 → 2024)
Net Margin
-15.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.62
Net assets divided by total expenses
Liabilities-to-Assets
130.2%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2024$28,566,028↑4%$32,919,433$67,246,511↑67%
2023$27,449,276↑18%$32,777,249↑44%$40,181,482↑32%
2022$23,287,705↑10%$22,831,173↑14%$30,340,517↑33%
2021$21,257,666↑41%$20,112,809↓2%$22,810,452↑16%
2020$15,071,081↑36%$20,616,798↑78%$19,689,319↑1%
2019$11,091,700↑117%$11,560,212↑11%$19,560,964↑1715%
2018$5,100,113↑448%$10,371,187↑1712%$1,077,695↑28%
2017$931,074$572,506$844,607

Frequently Asked Questions

What does Third Future Schools do?▼

Third Future Schools is a education nonprofit organization based in Colorado. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Third Future Schools financially healthy?▼

Based on our 9-metric Financial Health Score model, Third Future Schools has a score of 52/100 (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 Future Schools generate?▼

Third Future Schools reports $25.1M in annual revenue and holds $21.3M in total assets, based on IRS filings.

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