Final Third Foundation
EIN: 814359966 · Columbus, OH · NTEE: N64
| Metric | Value |
|---|---|
| Total Revenue | $942K |
| Total Expenses | $891K |
| Net Assets | $-27,896 |
Is Final Third Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Final Third Foundation
Final Third Foundation (EIN: 814359966) is a nonprofit organization based in Columbus, OH, classified under NTEE code N64. The organization reported total revenue of $942K and total assets of $155K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Final Third Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Final Third Foundation is a small nonprofit that has been operating for 8 years, with 8 years of IRS 990 filings on record (2017–2024). Revenue has grown at a compound annual rate of 50.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $887K |
| Total Expenses | $891K |
| Surplus / Deficit | $-4,577 |
| Total Assets | $92K |
| Total Liabilities | $120K |
| Net Assets | $-27,896 |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 130.4% |
| Months of Reserves | 1.2 months |
Financial Health Grade: D
In 2024, Final Third Foundation reported a deficit of $5K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 130.4% (high leverage).
Financial Trends
Over 8 years of filings (2017–2024), Final Third Foundation's revenue has grown at a compound annual growth rate (CAGR) of 50.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +45.0% | +37.1% | -0.4% |
| 2023 | +75.5% | +88.2% | -33.1% |
| 2022 | +152.7% | +122.4% | +324.7% |
| 2021 | +15.6% | +47.1% | +0.8% |
| 2020 | -11.7% | -12.2% | +46.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Final Third Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Final Third Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 130.4%.
Frequently Asked Questions about Final Third Foundation
Is Final Third Foundation a legitimate charity?
Final Third Foundation (EIN: 814359966) is a registered tax-exempt nonprofit based in Ohio. It has 8 years of IRS 990 filings on record. Total revenue: $942K. No red flags identified. Financial health grade: D.
How does Final Third Foundation spend its money?
Final Third Foundation reported $942K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Final Third Foundation tax-deductible?
Final Third Foundation is registered as a tax-exempt nonprofit (EIN: 814359966). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Final Third Foundation located?
Final Third Foundation is headquartered in Columbus, Ohio and files with the IRS under EIN 814359966. It is classified under NTEE code N64.
How many years of IRS 990 filings does Final Third Foundation have?
Final Third Foundation has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $942K in total revenue.
Filing History
IRS 990 filing history for Final Third Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2017–2024), Final Third Foundation's revenue has grown by 1617.2%, moving from $52K to $887K. Total assets increased by 11660.3% over the same period, from $781 to $92K. Total functional expenses rose by 1586.3%, from $53K to $891K. In its most recent filing year (2024), Final Third Foundation reported a deficit of $5K, with expenses exceeding revenue. The organization holds $120K in liabilities against $92K in assets (debt-to-asset ratio: 130.4%), resulting in net assets of $-27,896.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $887K | $891K | $92K | $120K | — | — |
| 2023 | $611K | $650K | $92K | $118K | — | View 990 |
| 2022 | $348K | $345K | $138K | $120K | — | View 990 |
| 2021 | $138K | $155K | $32K | $18K | — | — |
| 2020 | $119K | $106K | $32K | $0 | — | View 990 |
| 2019 | $135K | $120K | $22K | $4K | — | View 990 |
| 2018 | $212K | $207K | $7K | $4K | — | View 990 |
| 2017 | $52K | $53K | $781 | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $887K, expenses of $891K, and assets of $92K (revenue +45.0% year-over-year).
- 2023: Revenue of $611K, expenses of $650K, and assets of $92K (revenue +75.5% year-over-year).
- 2022: Revenue of $348K, expenses of $345K, and assets of $138K (revenue +152.7% year-over-year).
- 2021: Revenue of $138K, expenses of $155K, and assets of $32K (revenue +15.6% year-over-year).
- 2020: Revenue of $119K, expenses of $106K, and assets of $32K (revenue -11.7% year-over-year).
- 2019: Revenue of $135K, expenses of $120K, and assets of $22K (revenue -36.2% year-over-year).
- 2018: Revenue of $212K, expenses of $207K, and assets of $7K (revenue +310.2% year-over-year).
- 2017: Revenue of $52K, expenses of $53K, and assets of $781.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Final Third Foundation:
Data Sources and Methodology
This transparency report for Final Third Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.