Overview
What is Third Future Schools?
Third Future Schools is a K-8 charter school situated in Aurora, Colorado, with a mission to prepare underprivileged and minority students for the workplace and college. This next-generation educational institution, with a team of dedicated teachers and leaders, fosters a high-performance and caring culture. The school prioritizes academic achievement and performance outcomes, allowing students to learn at their own pace and in a manner tailored to their strengths. With a focus on personal learning, Third Future Schools holds high expectations for students and staff, believing in everyone's ability to shape their future. The organization employs 246 individuals in achieving its goals.
Official website here: www.thirdfuture.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 41%
Third Future Schools has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization maintains a majority independent board and has policies in place for conflicts of interest and document retention, its overall financial transparency is lacking. The charity scored poorly in critical areas, such as financial statements and program expense ratio, which raises questions about how funds are being utilized.
The charity's strengths lie in its governance structure, as evidenced by perfect scores in independent board size and material diversion of assets, suggesting a commitment to ethical oversight. However, the absence of a whistleblower policy and low scores in financial metrics highlight potential vulnerabilities in its operations. This imbalance suggests that while the organization may have appropriate governance in place, it struggles significantly with financial accountability.
These financial shortcomings point to a need for improvement in transparency and effective fund allocation to ensure donor confidence and operational sustainability. Stakeholders may want to consider these factors when evaluating their support for Third Future Schools.
This AI summary has been generated from information found on Charity Navigator.
Is Third Future Schools legitimate?
Third Future Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Third Future Schools submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,310,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,705,681
For more financial information, click here
Official website here: www.thirdfuture.org
What is the mission statement of Third Future Schools?
Third Future Schools is dedicated to shaping the next generation of schools with a focus on preparing students, particularly those from disadvantaged backgrounds, for success in the workplace and higher education. The team of passionate educators and leaders fosters an academic-driven culture that prioritizes both performance outcomes and a caring environment. Students thrive in this setting as personalized learning allows them to work at their own pace and learning style. Third Future Schools sets high expectations for students and staff, believing everyone has the potential to shape their own future.
Official website here: www.thirdfuture.org
What is the revenue of Third Future Schools?
Third Future Schools's revenue in 2024 was $28,566,028.
Official website here: www.thirdfuture.org
Who are the executives of Third Future Schools and what are their salaries?
The average compensation at Third Future Schools during 2024 was $78,125. There are 141 employees at Third Future Schools.
Here are 13 key members and their salaries:
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- Compensation: $190,000
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- Compensation: $185,000
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- Compensation: $145,000
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Official website here: www.thirdfuture.org
Where can I find the form 990 for Third Future Schools?
Third Future Schools's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.thirdfuture.org
Learn more at the official website: www.thirdfuture.org
Mission Statement of Third Future Schools
Third Future Schools, a forward-thinking charter school, is dedicated to preparing students, particularly those from disadvantaged backgrounds, for success in the workplace and higher education. The team behind Third Future Schools comprises committed teachers and leaders who cultivate a high-performance and caring culture. They maintain an unwavering focus on academic achievement and performance outcomes.
At Third Future Schools, students find their footing through personalized learning. This approach allows students to learn at their own pace and in a manner that suits their unique strengths. The school sets high expectations for both students and staff, believing that everyone has the potential to shape their own future.
Third Future Schools' mission is brought to life through a team of dedicated educators who foster a learning environment that is both supportive and challenging. Students are engaged, enabling them to build a strong foundation for their future academic and professional pursuits. The school's commitment to academic achievement is evident in the intensity of its focus, ensuring that each student reaches their full potential.
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Impact
October, 2024
Third Future Schools significantly impacts its community by creating a transformative educational environment that prioritizes academic achievement and personal development, particularly for underserved populations. Located in Aurora, Colorado, this K-8 charter school is specifically designed to prepare students—especially those from poor and minority backgrounds—for success in both the workforce and higher education.
The school fosters a high-performance and caring culture driven by dedicated teachers and leaders who maintain an intense focus on performance outcomes. By implementing personalized learning approaches, students are empowered to progress at their own pace and engage in ways that align with their individual strengths. This tailored educational model not only enhances student engagement but also builds a foundation of success, instilling high expectations for both students and staff.
Ultimately, Third Future Schools champions the belief that every individual has the potential to shape their own future, providing a crucial stepping stone for many students in achieving their academic and life goals.
This information is meant to be a general summary of Third Future Schools. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $57,998
- Program Service Revenue: $16,327,367
- Gross Receipts: $28,566,028
Assets and Liabilities:
- Total Assets: $30,340,517
- Total Liabilities: $39,291,495
- Net Assets: -$8,950,978
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Per Pupil Revenue
Revenue
$13,378,376
District Mill Levy
Revenue
$2,948,991
Organization Details
Founding Year
2016
Principal Officer
Jennifer Sward-Miller
Website
www.thirdfuture.orgNTEE Category
Code: B29 - Education
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