Third Strand

Nonprofit profile at a glance

EIN
814388301
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025, Form 990-N 2019
Location
Canyon, TX, USA
Phone
8063405141
Rating
40
Verdict
MIXED
Rating confidence
Moderate
Sector
Alliance/Advocacy Organizations

Official website

Reported finances

Revenue
$98,182
Expenses
$95,391
Assets
$20,783

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • KYLE JOY (Executive Dir.)
  • ANDREA YOUNG (Secretary)
  • VIVIAN MIJERAS (VICE CHAIR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Third Strand is a NonProfit (501c3) organization whose mission is to provide safe donor breast milk to healthy nursing babies who have lost a mother or whose mother is unable to breastfeed due to a serious illness or disease. In addition, Third Strand has implemented an additional program, based upon availability, to provide donor milk to adopted newborns.

What it reported doing in 2025

Third Strand fed 30 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 40,000 ounces of milk in 2024 (est. value $225,000)Partnered with Milkify to become the first nonprofit milk bank able to distribute safe, freeze-dried donor milk to our families, at no cost to them.Consulted with six major hospitals to update donor milk policies, providing better services to families.Third Strand provided scholarships for three (3) children to attend Hillside Christian Church Camp in Glorietta, NM ($1,250); Supported other nonprofits; consulted with startup milk banks across the country

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 1
  • Transparency & Controls: 82
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 2%; rating input score 2
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 2.8%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.22; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 37%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 25.4% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 17.1% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 3.3% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 2% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 2/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • Review — Sustainability: Operating margin scored 50/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.