Third Strand
- Assets
- $16.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Canyon, TX
- Founding
- 11/2016
- Data as of
- 12/2023
- EIN
- 81-4388301
Organization Overview
Third Strand is located in Canyon, TX. The organization was established in 2016. According to its NTEE Classification (E01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Third Strand is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Third Strand generated $52.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $65.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THIRD STRAND FED 29 BABIES IN 15 STATES (TEXAS (10), FLORIDA (3), MISSOURI (2), NORTH CAROLINA (2), VIRGINIA (1), ALABAMA (1), CALIFORNIA (1), GEORGIA (1), ILLINOIS (1), INDIANA (1), NEW JERSEY (1), NEW MEXICO (1), OHIO (1), OKLAHOMA (1), SOUTH CAROLINA (1)FAMILIES SERVED BY REASON: 18 - CANCER (62%); 8 - ADOPTION (28%); 2 - SURROGACY (7%); 1 - DEATH (3%)THIRD STRAND DISTRIBUTED 36,400 OUNCES OF MILK IN 2023 (EST. VALUE $254,800)THIRD STRAND PROVIDED SCHOLARSHIPS FOR THREE (3) CHILDREN TO ATTEND HILLSIDE CHRISTIAN CHURCH CAMP IN GLORIETTA, NM ($1,250); THIRD STRAND DONATED $1,000 TO HARPERFEST (A NONPROFIT DEALING WITH MENTAL HEALTH).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Joy Executive Dir. | 20 | $28,640 | |
Andrea Young Secretary | 0 | $0 | |
Vivian Mijeras Vice Chair | 0 | $0 | |
Lindsey Risdon Chairman | 0 | $0 | |
Jacob Eubank Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,859 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,859 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,640 |
| Professional fees and other payments to independent contractors | $400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $8,096 |
| Other expenses | $25,740 |
| Total expenses | $65,369 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,754 |
| Other assets | $0 |
| Total assets | $16,754 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,754 |