THEODORE R & THELMA A GIBSON Charity Report

Public IRS 990 nonprofit record

THEODORE R & THELMA A GIBSON

EIN 02-0607895 · Charter Schools (B29)

What they do

ESTABLISHED AS A CHARTER SCHOOL of THE DISTRICT SCHOOL BOARD of MIAMI-DADE COUNTY, FLORIDA. THEODORE R. and THELMA A. GIBSON CHARTER SCHOOL, INC.S MISSION is to PREPARE ITS STUDENTS ACADEMICALLY and SOCIALLY for SUCCESS IN A GLOBAL COMMUNITY WITH EMPHASIS IN ACADEMIC PROFICIENCY. THE CORE PHILOSOPHY and UNDERLYING PURPOSE of THE GIBSON CHARTER SCHOOL is REFLECTED IN THE FOLLOWING CONCEPTS: HIGH EXPECTATIONS for STUDENTS and TEACHERS, CREATIVE ENDEAVORS AS AN INTEGRAL PART of THE STUDENT GROWTH and DEVELOPMENT, and AN INCREASE IN SELF-ESTEEM THROUGH MECHANICS THAT ENSURE THE IMPROVEMENT of THE STUDENTS SELF-IMAGE AS LEARNERS. STUDENT and TEACHER ACCOUNTABILITY and OWNERSHIP of THE IDEA THAT SUCCESS BREEDS SUCCESS. THESE CONCEPTS ARE EMBODIED IN THE SCHOOL PROGRAM and SERVE AS A VEHICLE to INCREASE LEARNING OPPORTUNITIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

79.60%of revenue went to mission work80.4% of expenses · Program services

$99.05spent for every $100 of revenueRevenue covered expenses this year.

19.46%of revenue went to management and office costs19.6% of expenses

$1.48in assets for every $1 spent this yearSome assets cannot be spent right away.

96.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $115,770 for YANEISY ABREAU (PRINCIPAL). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,600,207

Mission workProgram services$2,069,69679.60% of revenue80.4% of expenses

ManagementOffice and general costs$505,93519.46% of revenue19.6% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$24,5760.95% of revenueShown in gray on the chart

Total expenses$2,575,63199.05% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 80.4% mission · 19.6% management · 0.0% fundraisingTotal expenses: 99.05% of revenue

2023Expense mix: 81.4% mission · 18.6% management · 0.0% fundraisingTotal expenses: 97.26% of revenue

2022Expense mix: 81.8% mission · 18.2% management · 0.0% fundraisingTotal expenses: 96.80% of revenue

2021Expense mix: 82.4% mission · 17.6% management · 0.0% fundraisingTotal expenses: 98.42% of revenue

2020Expense mix: 76.7% mission · 23.3% management · 0.0% fundraisingTotal expenses: 99.72% of revenue

2019Expense mix: 77.2% mission · 22.8% management · 0.0% fundraisingTotal expenses: 94.51% of revenue

2018Expense mix: 77.2% mission · 22.8% management · 0.0% fundraisingTotal expenses: 100.96% of revenue

2017Expense mix: 79.6% mission · 20.4% management · 0.0% fundraisingTotal expenses: 97.39% of revenue

Money in and money out

Revenue$2,600,207

Expenses$2,575,631

Annual surplus $24,576 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,069,696 · 80.4% of expenses

Management and office costs$505,935 · 19.6% of expenses

See all reported dollar amounts

Revenue$2,600,207

Expenses$2,575,631

Assets$3,819,395

Income$2,600,207

Contributions$2,508,771

Mission work (program services)$2,069,696

Management and general$505,935

Accounting fees$21,000

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

YANEISY ABREAUPRINCIPAL · 40 hrs/week $115,770

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (5)

YANEISY ABREAUPRINCIPAL

ALEX TAMARGODIRECTOR, SECRETARY

CHARLES GIBSONDIRECTOR, PRESIDENT, CHAIRMAN

MICHELLE PESTANADIRECTOR

SANDRA WALLACERESIGNED 92324DIRECTOR, VICE CHAIR

About this charity

Recognized since: January 2003
Location: 6340 SUNSET DR, MIAMI, FL 33143-4836
County: Miami-Dade
In care of: % IGNACIO G ZULUETA
Primary officer: CHARLES GIBSON, BOARD CHAIR

How to reach them

WebsiteVisit the charity’s website Phone(305) 669-2906

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: HLB GRAVIER LLP
NTEE classification: Charter Schools (B29)
IRS tax category: Charter Schools