Third Future Schools-Texas
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 3,991,053 | 3,977,396 | 13,657 | 0.0 | 0% |
| 2022 | 20,385,190 | 21,991,213 | −1,606,023 | -0.8 | 1% |
| 2023 | 24,644,724 | 25,877,900 | −1,233,176 | -1.2 | 57% |
In its most recent public year (2023), this organization spent $1,233,176 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.2 months), down from 0 in 2021. Staff pay was 57% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Third Future Schools-Texas's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works