Nonprofit screen
Screen a listThird Future Schools
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$25Mrevenue
FY2025 · +8% in 3 yrs199staff
7 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin11.0%
Months of reserve0.2mo
Revenue growth (annualized)+25.5%
Middle half of peersMedianThird Future Schools
Where the money goes FY2025 · $22M spent
Programs$20M92%Management and general$1.9M8%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$5.3M in FY2023 and −$4.4M in FY2024. Cash covers 0.2 months, under the peer median of 3.3.
990 Part I and balance sheetIn its favor3
Strong governance
5 of 5 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 26% a year since FY2018, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 7 of its 7 returns, 91% of revenue in FY2025.
990 Part VIII12funders
$3.0Ma year, last 3 years
86%from its largest funder
Funder’17’18’19’20’21’22’23Charter Fund Inc D/B/A Charter School Growth FundOn and off$50k$410k$245k$2.4M$5.0MNew Schools FundStopped after FY2021$145k$285k$385k$397k$163k–New Schools for Baton RougeNew in FY2023$450kLouis Calder FoundationOn and off$250kDaniels FundOn and off$210kScharbauer Foundation IncNew in FY2023$187kDonor-advised giftsDonors not disclosed$26$35$305 other fundersUp to $187k a year each$50k$15k$20k$20k$187k
FundedThrough a donor-advised fundStopped