Third Future Schools Building Corporation

EIN: 821661585 501(c)(3)

Aurora, CO

Total Revenue
$1,275,101
Total Expenses
$514,353
Total Assets
$1,399,316
Net Assets
$719,307
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CO
Principal Officer
FLOYD MIKE MILES
Phone
7205005252
Tax Period
2017-07-01 to 2018-06-30

Third Future Schools Building Corporation, founded in 2017, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2017. The organization ran a surplus of $761K, a strong 60% operating margin.

Mission

PROVIDE EDUCATION FACILITY FOR A CHARTER SCHOOL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $1,275,101
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,275,101

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $514,353
Other Expenses $514,353
TOTAL EXPENSES $514,353

Year-over-Year Comparison

2017 2016 Change
Revenue $1,275,101 N/A N/A
Expenses $514,353 $41,441 +11.4%
Net Income $760,748 $-41,441 -19.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
2

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$117,661
Total Directors
3
$117,661
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALJEAN TUCKER BOARD PRESIDENT 1.0
Officer Director
$0 $0 $0
RACHEL NGOLA DIRECTOR 1.0
Director
$0 $0 $0
FLOYD MIKE MILES SECRETARY/TREASURER (CEO) 2.0
Officer Director
$0 $7,671 $117,661
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $1,275,101 $514,353 $1,399,316 $760,748
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