https://www.fox26houston.com/news/report-texas-tax-dollars-diverted-out-of-state-to-charter-schools-founded-by-mike-miles
According to Spectrum News Reporter Brett Shipp, Miles started three Third Future Schools in Colorado after leaving Dallas ISD in 2015, and then the charter network expanded to Texas with more schools starting in 2020.

Shipp stated that internal school records and a nationally recognized school rating agency indicate that the three Colorado schools have struggled with performance, enrollment, and finances. Shipp's report further stated that one of the Colorado schools was forced to close last summer, leaving the school with $5 million in unpaid bond debt.