Overview

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Est.

2020

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Third Future Schools-Texas is a nonprofit organization focused on enhancing elementary and secondary education with a mission to ensure that every student is prepared for college from their first day on campus. Operating with a budget of $54 million and generating total revenue of $51.3 million in 2024, the organization employs a personalized learning model across its network of schools, achieving an average of two years of academic growth in just one year of teaching. For more information, visit their website at www.thirdfuture.org.

Mission Statement

THE COLLEGE PREPARATORY MODEL INSTILLS THE EXPECTATION FROM THE FIRST DAY ON CAMPUS THAT EVERY STUDENT WILL GO TO COLLEGE. COLLEGE PREP CLASSROOM INSTRUCTION IS ENHANCED BY EXPOSURE TO UNIVERSITY CAMPUSES AND CONFIDENCE-BUILDING EXPERIENCES THAT PREPARE PARENT AND STUDENT EXPECTATIONS OF COLLEGE. AT HOUSTON, WE UTILIZE A PERSONALIZED LEARNING MODEL. CAMPUSES IN OUR NETWORK (THIRD FUTURE SCHOOLS) AVERAGE TWO YEARS GROWTH IN ONE YEAR OF TEACHING.
Revenues
$51.3M
Expenses
$54M
Net Income:
-$2.6M
Assets
$86.5M
Liabilities
$91.8M
Net Assets:
-$5.3M
Operating Budget
$54M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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K
Kerri Holt
Board Member
H
Hector Santiago
Board Member
Z
Zach Craddock
Board Member

Frequently Asked Questions

What is THIRD FUTURE SCHOOLS- TEXAS’s budget?
In 2024, THIRD FUTURE SCHOOLS- TEXAS reported an annual operating budget of around $54 million. More detailed financial information is available to registered users.
What causes does THIRD FUTURE SCHOOLS- TEXAS support?
THIRD FUTURE SCHOOLS- TEXAS supports work in Elementary and secondary education.
Where does THIRD FUTURE SCHOOLS- TEXAS operate?
THIRD FUTURE SCHOOLS- TEXAS is headquartered in Austin, TX.
What is THIRD FUTURE SCHOOLS- TEXAS’s reliance on government grants?
THIRD FUTURE SCHOOLS- TEXAS relied on government grants for more than 5% of their total revenue in 2024.