Third Lens Corporation
EIN: 270670656 · Atlanta, GA · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $960K |
| Net Assets | $209K |
Is Third Lens Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Third Lens Corporation
Third Lens Corporation (EIN: 270670656) is a nonprofit organization based in Atlanta, GA, classified under NTEE code Q33. The organization reported total revenue of $1.3M and total assets of $261K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Third Lens Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Third Lens Corporation is a mid-size nonprofit that has been operating for 16 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 21.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $960K |
| Surplus / Deficit | +$103K |
| Total Assets | $215K |
| Total Liabilities | $6K |
| Net Assets | $209K |
| Operating Margin | 9.7% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 2.7 months |
Financial Health Grade: A
In 2023, Third Lens Corporation reported a surplus of $103K with revenue exceeding expenses, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Third Lens Corporation's revenue has grown at a compound annual growth rate (CAGR) of 21.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +93.6% | +74.8% | +94.8% |
| 2022 | +53.9% | +46.7% | -20.6% |
| 2021 | +71.6% | +108.9% | +5.4% |
| 2020 | -10.9% | +6.7% | +38.9% |
| 2019 | +44.2% | +18.2% | +226.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Third Lens Corporation 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 Third Lens Corporation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $103K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.7%.
Frequently Asked Questions about Third Lens Corporation
Is Third Lens Corporation a legitimate charity?
Third Lens Corporation (EIN: 270670656) is a registered tax-exempt nonprofit based in Georgia. It has 11 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: A.
How does Third Lens Corporation spend its money?
Third Lens Corporation reported $1.3M in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Third Lens Corporation tax-deductible?
Third Lens Corporation is registered as a tax-exempt nonprofit (EIN: 270670656). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Third Lens Corporation located?
Third Lens Corporation is headquartered in Atlanta, Georgia and files with the IRS under EIN 270670656. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Third Lens Corporation have?
Third Lens Corporation has 11 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Third Lens Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Third Lens Corporation's revenue has grown by 922.2%, moving from $104K to $1.1M. Total assets increased by 6775.6% over the same period, from $3K to $215K. Total functional expenses rose by 788.7%, from $108K to $960K. In its most recent filing year (2023), Third Lens Corporation reported a surplus of $103K, with revenue exceeding expenses. The organization holds $6K in liabilities against $215K in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $209K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $960K | $215K | $6K | — | View 990 |
| 2022 | $549K | $549K | $110K | $5K | — | — |
| 2021 | $357K | $374K | $139K | $34K | — | View 990 |
| 2020 | $208K | $179K | $132K | $9K | — | View 990 |
| 2019 | $233K | $168K | $95K | $653 | — | View 990 |
| 2018 | $162K | $142K | $29K | $176 | — | View 990 |
| 2017 | $97K | $88K | $11K | $1K | — | — |
| 2014 | $50K | $41K | $37K | $13 | — | View 990 |
| 2013 | $147K | $125K | $-251 | $0 | — | View 990 |
| 2012 | $73K | $70K | $8K | $2K | — | View 990 |
| 2011 | $104K | $108K | $3K | $604 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $960K, and assets of $215K (revenue +93.6% year-over-year).
- 2022: Revenue of $549K, expenses of $549K, and assets of $110K (revenue +53.9% year-over-year).
- 2021: Revenue of $357K, expenses of $374K, and assets of $139K (revenue +71.6% year-over-year).
- 2020: Revenue of $208K, expenses of $179K, and assets of $132K (revenue -10.9% year-over-year).
- 2019: Revenue of $233K, expenses of $168K, and assets of $95K (revenue +44.2% year-over-year).
- 2018: Revenue of $162K, expenses of $142K, and assets of $29K (revenue +67.1% year-over-year).
- 2017: Revenue of $97K, expenses of $88K, and assets of $11K (revenue +94.1% year-over-year).
- 2014: Revenue of $50K, expenses of $41K, and assets of $37K (revenue -66.2% year-over-year).
- 2013: Revenue of $147K, expenses of $125K, and assets of $-251 (revenue +101.1% year-over-year).
- 2012: Revenue of $73K, expenses of $70K, and assets of $8K (revenue -29.5% year-over-year).
- 2011: Revenue of $104K, expenses of $108K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Third Lens Corporation:
Data Sources and Methodology
This transparency report for Third Lens Corporation 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.