Theodore R and Thelma A Gibson Charter School Inc is a 501(c)(3) organization based in Miami, Florida, registered in 2003, with $2,600,207 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.6M
▲ 3.6% vs prior year
Education median: $200K
Expenses (FY2024)
$2.6M
Net assets
$572K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Theodore R and Thelma A Gibson Charter School Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Theodore R and Thelma A Gibson Charter School Inc: 3 mo reserves · +1% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Theodore R and Thelma A Gibson Charter School Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Theodore R and Thelma A Gibson Charter School Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $2.3M (FY2015) to $2.6M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
0.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.8M
Total liabilities
$3.2M
Net assets
$572K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,600,207▲3.6% | $2,575,631▲5.6% | $571,887▼6.7% | $3,819,395▼5.2% | 990 |
| 2023 | $2,508,739▲18.1% | $2,439,993▲18.7% | $613,063▲12.6% | $4,028,898 | 990 |
| 2022 | $2,123,501▼1.7% | $2,055,467▼3.3% | $544,317▲14.3% | $4,028,879▲240% | 990 |
| 2021 | $2,160,725▲6.2% | $2,126,556▲4.8% | $476,283▲7.7% | $1,183,233▲73.0% | 990 |
| 2020 | $2,034,032▼3.7% | $2,028,251▲1.6% | $442,114▲1.5% | $683,903▲2.0% | 990 |
| 2019 | $2,113,221▲18.2% | $1,997,241▲10.7% | $435,558▲36.3% | $670,326▲37.7% | 990 |
| 2018 | $1,787,889▼0.7% | $1,804,981▲3.0% | $319,578▼5.1% | $486,781▼4.0% | 990 |
| 2017 | $1,800,127▲6.0% | $1,753,066▲10.1% | $336,670▲16.2% | $507,045▲9.8% | 990 |
| 2016 | $1,698,362▼25.7% | $1,592,031▼30.0% | $289,609▲58.0% | $461,786▼12.1% | 990 |
| 2015 | $2,287,178 | $2,273,685 | $183,278 | $525,271 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Theodore R and Thelma A Gibson Charter School Inc (EIN 02-0607895) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.