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THEODORE R AND THELMA A GIBSON CHARTER SCHOOL INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
THEODORE R AND THELMA A GIBSON CHARTER SCHOOL INC (EIN 02-0607895)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-01-26
IRS object ID
202620269349301047
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-01-26T11:56:38-06:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN204946415PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HLB GRAVIER LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14000 PONCE DE LEON BLVD SUITE 610AddressLine1Txt
CityCORAL GABLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33146ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN020607895EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THEODORE R & THELMA A GIBSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTHEOBusinessNameControlTxt
Phone3056692906PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16340 SUNSET DRIVEAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33143ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHARLES GIBSONPersonNm
Person TitleBOARD CHAIRPersonTitleTxt
Phone3056692906PhoneNum
Signature2026-01-26SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLEONARDO D GRAVIERPreparerPersonNm
PTINP00368983PTIN
Phone3054463022PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCHARLES GIBSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line16340 SUNSET DRIVEAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33143ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,600,207GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTP://GIBSONCHARTERSCHOOL.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2002FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionESTABLISHED 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 STUDENT'S 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.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee28TotalEmployeeCnt
Total Volunteers60TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,426,815PYContributionsGrantsAmt
CY Contributions Grants$2,508,771CYContributionsGrantsAmt
PY Program Service Revenue$20,990PYProgramServiceRevenueAmt
CY Program Service Revenue$57,541CYProgramServiceRevenueAmt
PY Investment Income$44,194PYInvestmentIncomeAmt
CY Investment Income$30,501CYInvestmentIncomeAmt
PY Other Revenue$16,740PYOtherRevenueAmt
CY Other Revenue$3,394CYOtherRevenueAmt
PY Total Revenue$2,508,739PYTotalRevenueAmt
CY Total Revenue$2,600,207CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,139,127PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,276,235CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,300,866PYOtherExpensesAmt
CY Other Expenses$1,299,396CYOtherExpensesAmt
PY Total Expenses$2,439,993PYTotalExpensesAmt
CY Total Expenses$2,575,631CYTotalExpensesAmt
PY Revenues Less Expenses$68,746PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$24,576CYRevenuesLessExpensesAmt
Total Assets BOY$4,028,898TotalAssetsBOYAmt
Total Assets EOY$3,819,395TotalAssetsEOYAmt
Total Liabilities BOY$3,415,835TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,247,508TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$613,063NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$571,887NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionESTABLISHED 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 STUDENT'S 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,069,696ExpenseAmt
Revenue$91,436RevenueAmt
DescTHE SCHOOL PROVIDES EDUCATION FOR CHILDREN FROM KINDERGARTEN THROUGH SIXTH GRADE. FOR THE FISCAL YEAR ENDED JUNE 30, 2025, 169 STUDENTS WERE ENROLLED.Desc
Total Program Service Expenses$2,069,696TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document8IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee28EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANA MARIA MARTINEZBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3056692906PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16340 SUNSET DRIVEAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33143ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
CHARLES GIBSON
DIRECTOR, PRESIDENT, CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
SANDRA WALLACERESIGNED 92324
DIRECTOR, VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
ALEX TAMARGO
DIRECTOR, SECRETARY2.00Yes (X)Yes (X)$0$0$0
MICHELLE PESTANA
DIRECTOR2.00Yes (X)$0$0$0
YANEISY ABREAU
PRINCIPAL40.00$115,770$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$115,770TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ADP TOTAL SOURCE
10200 SUNSET DRIVEMIAMIFL33173EMPLOYEE LEASING$1,352,332
OVERTOWN YOUTH CENTER INC
450 NW 14TH STREETMIAMIFL33136FACILITY LEASING$383,856
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
Government Grants$2,262,145GovernmentGrantsAmt
All Other Contributions$246,626AllOtherContributionsAmt
Total Contributions$2,508,771TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SVC: COMMUNITYDesc
Business611710BusinessCd
Total Revenue Column$57,541TotalRevenueColumnAmt
Related Or Exempt Func Income$57,541RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$57,541TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$30,501TotalRevenueColumnAmt
Related Or Exempt Func Income$30,501RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
E-RATE611710$2,915$2,915
MISCELLANEOUS EXPENSES611710$479$479
FieldValueIRS element (for citing)
Other Revenue Total$3,394OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,600,207TotalRevenueColumnAmt
Related Or Exempt Func Income$91,436RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,063,426TotalAmt
Program Services$757,387ProgramServicesAmt
Management And General$306,039ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$19,827TotalAmt
Program Services$9,265ProgramServicesAmt
Management And General$10,562ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$192,982TotalAmt
Program Services$141,565ProgramServicesAmt
Management And General$51,417ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$80,275TotalAmt
Program Services$53,517ProgramServicesAmt
Management And General$26,758ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$21,000TotalAmt
Management And General$21,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$243,549TotalAmt
Program Services$243,549ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,684TotalAmt
Program Services$4,684ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$333,198TotalAmt
Program Services$333,198ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$65,064TotalAmt
Program Services$65,043ProgramServicesAmt
Management And General$21ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$58,317TotalAmt
Program Services$58,317ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
FOOD SERVICES$114,797$114,797
PUBLIC UTILITY SERVICES$76,105$76,105
ADMINISTRATIVE OVERHEAD$71,330$71,330
REPAIRS & MAINTENANCE$65,040$65,040

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$166,037TotalAmt
Program Services$147,229ProgramServicesAmt
Management And General$18,808ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,575,631TotalAmt
Program Services$2,069,696ProgramServicesAmt
Management And General$505,935ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$292,920BOYAmt
EOY$205,310EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$550,000BOYAmt
EOY$769,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$20,354BOYAmt
EOY$34,209EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$326,342LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$157,540LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$233,866BOYAmt
EOY$168,802EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,931,758BOYAmt
EOY$2,642,074EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,028,898BOYAmt
EOY$3,819,395EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$104,828BOYAmt
EOY$113,271EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,311,007BOYAmt
EOY$3,134,237EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,415,835BOYAmt
EOY$3,247,508EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$613,063BOYAmt
EOY$571,887EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$613,063BOYAmt
EOY$571,887EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,028,898BOYAmt
EOY$3,819,395EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$24,576ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$65,752OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,900OtherCostOrOtherBasisAmt
Depreciation$602DepreciationAmt
Book Value$1,298BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$324,442OtherCostOrOtherBasisAmt
Depreciation$156,938DepreciationAmt
Book Value$167,504BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$168,802TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
DEPOSITS RECEIVABLE$82,241
DUE FROM OTHER AGENCIES$106,662
RIGHT-OF-USE LEASE ASSET$2,453,171
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,642,074TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDescAmtAmt
LEASE LIABILITY, CURRENT$114,655
LEASE LIABILITY$2,583,865
DUE TO LANDLORD, LONG TERM$168,417
NOTES PAYABLE TO ACADEMICA DADE, LLC$200,000
ACCRUED COMP ABSENCES, CURRENT$40,380
ACCRUED COMP ABSENCES$26,920
FieldValueIRS element (for citing)
Total Liability$3,134,237TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$2,600,207TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$2,600,207RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,600,207TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,575,631TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,575,631ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,575,631TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships Recs0MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3WE INCLUDE A NON-DISCRIMINATORY STATEMENT IN REGISTRATION PACKETS, SCHOOL WEBSITES, EMPLOYEE HANDBOOKS, AND OTHER DISTRIBUTED MATERIALS. FURTHER, THE CHARTER SCHOOL CONTRACT WITH THE LOCAL SCHOOL DISTRICT A NON-DISCRIMINATORY STATEMENT. ADDITIONALLY, A PUBLIC NOTICE IS ISSUED EACH YEAR FOR THE LUNCH PROGRAM, WHICH IS SENT TO THE LOCAL NEWSPAPER AND TV STATIONS.
SCHEDULE E, PART I, LINE 4THE SCHOOL DOES NOT OFFER SCHOLARSHIPS AND/OR FINANCIAL ASSISTANCE TO ANY STUDENT.
SCHEDULE E, PART I, LINE 6THIS ORANIZATION RECEIVES GOVERNMENT GRANTS THAT ALLOW IT TO PROVIDE A QUALITY EDUCATION TO ITS STUDENTS.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3ACADEMICA DADE LLC, AN EDUCATIONAL SERVICE AND SUPPORT PROVIDER COMPANY, PROVIDES PROFESSIONAL SERVICES AND RELATED SUPPORT TO PUBLIC CHARTER SCHOOLS, INCLUDING, BUT NOT LIMITED TO, ACADEMIC SUPPORT, FACILITY DEVELOPMENT AND COMPLIANCE, HUMAN RESOURCE AND PAYROLL COORDINATION, REGULATORY COMPLIANCE, LEGAL AND CORPORATE UPKEEP, BOOKKEEPING AND ACCOUNTING, BUDGETING, AND FINANCIAL REPORTING.
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION REVIEWS THE CONTENTS OF THE FORM 990 BEFORE SUBMITTING TO THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION REQUIRES THAT ALL OFFICERS AND/OR DIRECTORS DISCLOSE ANY ACTIVITY THAT MAY BE A CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15DURING THE DETERMINATION OF COMPENSATION OF OFFICERS OR KEY EMPLOYEES, THE ORGANIZATION REVIEWS THE OFFICER'S CONTRACT, BUDGET, AND PERFORMANCE.
FORM 990, PART VI, SECTION C, LINE 18THIS INFORMATION IS AVAILABLE TO THE PUBLIC VIA WWW.GUIDESTAR.ORG.
FORM 990, PART VI, SECTION C, LINE 19THIS INFORMATION IS AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:THE TAXPAYER IMPLEMENTED GASB STATEMENT NO 101 DURING THE TAX YEAR ENDED JUNE 30, 2025 AS A RESULT THEY RECOGNIZED A LIABILITY FOR ACCUMULATED LEAVE ATTRIBUTABLE TO PAST SERVICE THAT WAS MORE LIKELY TO BE USED OR PAID AS A RESULT THE TAXPAYER'S BEG NET POSITION HAS BEEN RESTATED BY $65,752 -65,752.
FOOTNOTETHEODORE R. & THELMA A. GIBSON CHARTER SCHOOL 6340 SUNSET DRIVE MIAMI, FL 33134 EMPLOYER IDENTIFICATION NUMBER: 02-0607895 FOR THE YEAR ENDING JUNE 30, 2025 THEODORE R. & THELMA A. GIBSON CHARTER SCHOOL IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F)
FOOTNOTETHEODORE R. & THELMA A. GIBSON CHARTER SCHOOL 6340 SUNSET DRIVE MIAMI, FL 33134 EMPLOYER IDENTIFICATION NUMBER: 02-0607895 FOR THE YEAR ENDING JUNE 30, 2025 THEODORE R. & THELMA A. GIBSON CHARTER SCHOOL IS ELECTING TO CAPITALIZE REPAIR AND MAINTENANCE COSTS UNDER REG. SEC. 1.263(A)-3(N)

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