Third Future Schools
Third Future Schools is a nonprofit education management organization that operates over 25 K-8 campuses across Colorado, Texas, and Louisiana under Chapter 1882 school turnaround agreements with school districts, serving 6,000+ students at previously F-rated schools.
- Company typePrivate
- Founded2016
- HeadquartersAurora, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Third Future Schools does
Third Future Schools packages its turnaround service around a defined program stack: Personalized Learning, the Dyad experiential education program, the Read By Three early literacy initiative, Habits Of Success (character development), Before and After Care wraparound service (6:30am-6:00pm), and Teacher Corps recruitment with $7,500 relocation bonuses. The organization is led by founder/CEO Mike Miles and maintains separate corporate, Colorado, Texas, and Louisiana boards. Its revenue mechanics are tied to per-pupil funding flowing through Chapter 1882 contracts and equivalent state arrangements; pricing is contract-negotiated rather than publicly disclosed. Recent Texas growth has been concentrated, with partnership approvals at Killeen ISD, Edgewood ISD, MISD, and SAISD in Q1 2026, offset by the non-renewal of the Austin ISD Mendez contract once exit criteria were met.
Third Future Schools firmographics
Firmographics- Name
- Third Future Schools
- Legal name
- Third Future Schools
- Website
- https://thirdfuture.org
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Third Future Schools is a nonprofit education management organization that operates over 25 K-8 campuses across Colorado, Texas, and Louisiana under Chapter 1882 school turnaround agreements with school districts, serving 6,000+ students at previously F-rated schools.
- Ownership category
- akta.pro rank
Third Future Schools industry classification
Industry- Product category
- K-12 Charter School Management and Turnaround Services
- NAICS
- Elementary and Secondary Schools (6111)
- SIC
- Services-Educational Services (8200)
- akta.pro primary industry
- Public K–12 Combined Schools (EDAJAAAE)
- akta.pro secondary industries
- Public Alternative, Continuation & Credit-Recovery Schools (EDAJAAAG), Continuation & Credit Recovery Schools (EDAJAEAA)
Keywords
Where Third Future Schools is headquartered
LocationHeadquarters
- HQ city
- Aurora
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Third Future Schools business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- School Management Contracts: Operate schools under Chapter 1882 partnership agreements with Independent School Districts, receiving funding to manage and turnaround failing campuses
- School Turnaround Services: Provide school turnaround expertise and management to improve academic outcomes at underperforming schools
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Third Future Schools product offering
Product offeringCore offering
Third Future Schools provides school turnaround partnership services, taking over full management of chronically underperforming public school campuses under Texas Education Code Chapter 1882 agreements with Independent School Districts. The organization delivers instruction, operations, staffing, and supplemental programs (Personalized Learning, Dyad, Read By Three, Habits of Success, Before and After Care) at each managed campus, with the goal of lifting F-rated schools to passing state accountability ratings.
Product overview
Third Future Schools is a nonprofit school turnaround organization operating a network of over 25 schools across Colorado, Texas, and Louisiana, serving over 6,000 students. Founded in 2016, the organization specializes in operating campuses requiring academic improvement, typically through Texas Education Code Chapter 1882 partnerships with struggling school districts. The core service is school turnaround partnership, supplemented by educational programs including Personalized Learning, Dyad experiential education, Read By Three literacy program, Before and After Care, and Habits Of Success character development. The organization positions itself around Year 2035 workforce competencies including informational literacy, critical thinking, problem solving, and communications.
Differentiator
Problem solved
Functional benefit
Products and services
- School Turnaround Partnership Services Third Future Schools takes over full management of chronically underperforming public school campuses under Texas Education Code Chapter 1882 partnership agreements with Independent School Districts, providing instruction, staffing, and operations with the goal of improving F-rated campuses to passing state accountability ratings.
- Before and After School Care Free extended-day childcare service provided to enrolled families, available from 6:30am until 6:00pm to support working families whose children attend Third Future Schools campuses.
- Teacher Corps Program Teacher recruitment and development program that recruits educators for Third Future Schools campuses, including a $7,500 relocation bonus for qualifying candidates, used to staff turnaround campuses such as Hirschi Middle School in Wichita Falls, TX.
Quantifiable outcome
- Mendez Middle School achieved B rating in 2023 after receiving F ratings since 2018, meeting criteria to exit Chapter 1882 partnership
- +1 more outcomes
Companies that use Third Future Schools
Customer profileNamed customers5 records
Segments2 records
Ideal customer profiles2 records
Third Future Schools technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Third Future Schools partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core, major and minor.
- Texas Education Agency (TEA)coreState education agency partnership for school turnaround initiatives in Texas; operates schools under Chapter 1882 agreements with TEA oversight
- Colorado Department of EducationcoreState education agency partnership for operating schools in Colorado
- Louisiana Department of EducationcoreState education agency partnership for operating schools in Louisiana
- Austin ISDcoreChapter 1882 partnership to manage Mendez Middle School; Mendez achieved B rating in 2023 after years of F ratings; Austin ISD chose to return school to district management
- Killeen ISDmajorPartnership approved to operate Manor Middle School under new operator model
- Edgewood ISDmajorPartnership approved to operate Brentwood Middle School; board member Michael Valdez voted against measure
- MISDmajorPartnership to improve F-rated South Elementary school
- SAISDmajorPartnership to close Rhodes Middle School and transfer students to Tafolla Middle School operated by Third Future Schools starting 2026-27; district retains oversight of academic performance
- Midland ISDmajorPartnership for school turnaround operations in Midland ISD
- Wichita Falls ISDmajorPartnership for school turnaround operations in Wichita Falls ISD
- Manor ISDmajorPartnership to operate Manor Middle School in Manor ISD
- Jasper ISDminorSchool turnaround partnership in Jasper ISD
- Caddo Parish SchoolsminorSchool turnaround partnership in Caddo Parish Schools (Louisiana)
- New Schools for Baton RougeminorEducation nonprofit partner focused on school improvement in Baton Rouge
- Systems of Great SchoolsminorTEA initiative partner for school improvement
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Third Future Schools competitors and assessment
Company assessmentDirect peers
- IDEA Public Schools: IDEA is one of the largest nonprofit charter school networks in the U.S., operating primarily in Texas and surrounding states. Like Third Future Schools, it serves college-bound students in high-need communities and runs a multi-state operator network.
- Achievement First: Achievement First is a nonprofit charter management organization operating K-12 schools with a focus on academic achievement for students in low-income communities. Comparable to Third Future Schools in operating model and outcome-driven mission.
- National Heritage Academies: National Heritage Academies is a for-profit charter management organization operating K-8 schools across multiple states. Like Third Future Schools, it partners with districts and operates schools under a portfolio model with comparable educational program design.
- Imagine Schools: Imagine Schools is a nonprofit charter management organization operating schools across multiple states. Comparable to Third Future Schools in multi-state school operation and mission-driven educational programming.
- KIPP DC Public Schools: KIPP is a national nonprofit charter school network serving K-12 students, comparable to Third Future Schools in both mission and operating model. Both organizations operate multi-state networks focused on underserved student outcomes through school-level interventions.
- Uncommon Schools: Uncommon Schools is a nonprofit charter network operating K-12 schools across multiple states. Comparable to Third Future Schools in multi-state operator role and college-prep mission for underserved populations.
- EdisonLearning: EdisonLearning is a school management and education services provider that partners with districts to operate and improve schools. Comparable to Third Future Schools in its district-managed school turnaround partnership model.
- Charter Schools USA: Charter Schools USA is a charter management organization operating schools in multiple states. Comparable to Third Future Schools in operating public schools under management contracts with school districts and providing educational services at scale.
Regional players
- Texas Education Agency (TEA) accredited turnaround operators: Texas Education Agency oversees the Chapter 1882 partnership framework that Third Future Schools operates within. Comparable as the regulatory backdrop and competitive marketplace for school turnaround operators in Texas.
- New Schools for Baton Rouge: New Schools for Baton Rouge is an education nonprofit focused on school improvement in Louisiana, and a documented partner of Third Future Schools. Comparable as a regional peer in the school turnaround ecosystem with TFS.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Third Future Schools social profiles
Digital presenceThird Future Schools financial estimates
Financial estimateRevenue estimate
Valuation estimate
Third Future Schools leadership team
Management profileNumber of profiles
Profiles2 records
Third Future Schools funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Third Future Schools M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Third Future Schools
What does Third Future Schools do?
Third Future Schools provides school turnaround partnership services, taking over full management of chronically underperforming public school campuses under Texas Education Code Chapter 1882 agreements with Independent School Districts. The organization delivers instruction, operations, staffing, and supplemental programs (Personalized Learning, Dyad, Read By Three, Habits of Success, Before and After Care) at each managed campus, with the goal of lifting F-rated schools to passing state accountability ratings.
Is Third Future Schools a public or private company?
Third Future Schools is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Third Future Schools founded?
Third Future Schools was founded in 2016. It employs 101 to 250 people.
Where is Third Future Schools based?
Third Future Schools is headquartered in Aurora, United States, in the North America region.
How does Third Future Schools make money?
Two revenue lines are on record. School Management Contracts are the primary driver. The others are school Turnaround Services.
Who are Third Future Schools's main competitors?
Direct peers on record are IDEA Public Schools, Achievement First, National Heritage Academies, Imagine Schools, KIPP DC Public Schools, Uncommon Schools, EdisonLearning and Charter Schools USA. Regional players are Texas Education Agency (TEA) accredited turnaround operators and New Schools for Baton Rouge.
Does Third Future Schools have an API?
No public API is recorded for Third Future Schools.
What industry is Third Future Schools in?
Third Future Schools's product category is K-12 Charter School Management and Turnaround Services. Its primary akta.pro industry code is EDAJAAAE, Public K–12 Combined Schools, with a secondary code of EDAJAAAG, Public Alternative, Continuation & Credit-Recovery Schools. Its NAICS code is 6111 and its SIC code is 8200.