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Colorado · Nonprofit

THIRD WAY CENTER INC

THIRD WAY CENTER INC (Colorado) receives grants from 37 organizations whose IRS filings report $806,767 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($109,100). 20 of them have funded it in more than one year, and 61% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$22M
Funders on record
37
Grants received
$807k
Net assets
$24M
20/37 repeat funderspeak grant-dependency 1%
01What it does

What Third Way Center Inc does

Mission

The organization was incorporated to operate five residential treatment facilities which provides care and counseling for adolescents assigned to it by municipal governmental agencies and through private placement.

As stated on its FY2024 Form 990.

Programs

  1. Treatment - provide room, board, support, guidance and counseling to minors assigned to third way center by counties and private agencies.

    $9,705,817 spent$16,443,362 earned by the program
    80% of program spending
  2. Education - provide an education program for the benefit of residents who cannot function in a standard public school system as an alternative means of continuing their education while receiving treatment.

    $2,317,688 spent$2,246,117 earned by the program
    19% of program spending
  3. Next steps program provides after emancipation assistance and supervision.

    $54,019 spent$84,092 earned by the program
    0% of program spending

The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $12,077,524.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($10M) Expenses 100 ($10M) Net assets 100 ($5.9M)2018 Revenue 109 ($11M) Expenses 103 ($10M) Net assets 116 ($6.8M)2019 Revenue 107 ($11M) Expenses 106 ($11M) Net assets 125 ($7.3M)2020 Revenue 121 ($13M) Expenses 110 ($11M) Net assets 150 ($8.8M)2021 Revenue 121 ($13M) Expenses 113 ($11M) Net assets 171 ($10M)2022 Revenue 152 ($16M) Expenses 123 ($13M) Net assets 224 ($13M)2023 Revenue 186 ($20M) Expenses 139 ($14M) Net assets 316 ($19M)2024 Revenue 210 ($22M) Expenses 167 ($17M) Net assets 402 ($24M)
'17'18'19'20'21'22'23'24
Revenue (210)Expenses (167)Net assets (402)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $16M to $23M (+41%).

$8.5M
$9.4M
$9.5M
$11M
$12M
$16M
$23M
$28M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 1% · 2019 0% · 2020 12%. Grants only. Government contracts and fees sit inside program revenue.

4% of THIRD WAY CENTER INC’s revenue is contributions — about as donation-reliant as the typical peer (7% for the typical peer).

This organization
Typical peer · 4,743 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$286k
’17
$987k
’18
$354k
’19
$1.4M
’20
$1.2M
’21
$3.4M
’22
$5.3M
’23
$5.0M
’24
8.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Brendan Bartic

Board chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1212121314151718
Joined·+0+0+1+3+1+3+2
No longer listed·0002011
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 8 funders to 12 funders, grant income rose $59k → $116k.

13 of 37 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 61% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THIRD WAY CENTER INC’s funders (the co-funder graph). Top 30 of 37 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THIRD WAY CENTER INC has a broad base — no single funder exceeds 14% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

71% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THIRD WAY CENTER INC.

14%
largest funder
34%
top three
~15
effective funders

Largest funder’s share by year: 2017 35% · 2018 34% · 2019 21% · 2020 28% · 2021 18% · 2022 28% · 2023 21% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

35% of THIRD WAY CENTER INC's funders are still giving 3 years after their first grant; 54% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

61% of THIRD WAY CENTER INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $313k that is directly attributable, 65% of it comes from Colorado funders.

MN
CA
CO
MO
AZ
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Colorado out of state home

Funder states come from each funder’s own filing. $494k arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THIRD WAY CENTER INC runs a healthier operating margin than three-quarters of the 4,580 health nonprofits its size.

Operating margin23% · top quartile
Months of reserve8.7mo · top quartile
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 4,580 health nonprofits $10M–$100M, FY2024

Government funding THIRD WAY CENTER INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $195k on record.

Federal$195k
grants $195kcontracts $0
17
18
Top agencies
  • Department of Agriculture$195k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like THIRD WAY CENTER INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Colorado

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

83% of spending goes to programs.

Program 83%Management 15%Fundraising 2%

Governance

12
board members
75%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

88%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for THIRD WAY CENTER INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THIRD WAY CENTER INC?
THIRD WAY CENTER INC (Colorado) receives grants from 37 organizations whose IRS filings report $806,767 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($109,100). 20 of them have funded it in more than one year, and 61% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THIRD WAY CENTER INC have?
IRS filings report 37 organizations giving $806,767 in grants to THIRD WAY CENTER INC, 20 of which have funded it in more than one year.
Who is the largest funder of THIRD WAY CENTER INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $109,100 in grants. The full list of funders is on this page.
How can an organization like THIRD WAY CENTER INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Third Way Center →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 37 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing