Gibson Foundation Resource Center Inc
Gibson Foundation Resource Center maintains stable revenue and zero liabilities, with no reported officer compensation.
EIN: 203862204 · Philadelphia, PA · NTEE: L40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $368K |
| Transparency Score | 92/100 |
Is Gibson Foundation Resource Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gibson Foundation Resource Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gibson Foundation Resource Center Inc
Gibson Foundation Resource Center Inc (EIN: 203862204) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code L40. The organization reported total revenue of $1.2M and total assets of $427K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gibson Foundation Resource Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gibson Foundation Resource Center Inc is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-299,958 |
| Total Assets | $368K |
| Net Assets | $368K |
| Operating Margin | -29.3% |
| Months of Reserves | 3.3 months |
Financial Health Grade: B
In 2023, Gibson Foundation Resource Center Inc reported a deficit of $300K with expenses exceeding revenue, holds 3.3 months of operating reserves (adequate).
Financial Trends
Over 14 years of filings (2010–2023), Gibson Foundation Resource Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.4% | +10.6% | -23.8% |
| 2022 | -12.3% | +5.1% | -0.1% |
| 2021 | +31.0% | +14.9% | +88.0% |
| 2020 | +8.2% | +24.2% | +24.4% |
| 2019 | +117.5% | +85.9% | +391.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gibson Foundation Resource Center Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Gibson Foundation Resource Center Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $300K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with over $1 million in annual revenue and suggests that leadership may be entirely volunteer-based or compensated through non-officer channels.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Gibson Foundation Resource Center Inc's IRS 990 filings:
- Significant deficit in 2023 ($299,958), though following years of surpluses.
- Unusually low (0%) reported officer compensation, which could warrant further investigation into leadership structure and sustainability.
Strengths
The following positive indicators were identified for Gibson Foundation Resource Center Inc:
- Consistent revenue generation, exceeding $1 million in recent years.
- Zero reported liabilities across all 14 filings, indicating strong financial management.
- Remarkable 0% officer compensation, suggesting high efficiency and dedication to mission.
- Positive asset growth over time, from $28,989 in 2017 to $427,291 currently.
- Long history of consistent IRS 990 filings (14 filings), demonstrating transparency.
Frequently Asked Questions about Gibson Foundation Resource Center Inc
Is Gibson Foundation Resource Center Inc a legitimate charity?
Gibson Foundation Resource Center Inc (EIN: 203862204) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.2M. 2 red flags identified. 5 strengths noted. Financial health grade: B.
How does Gibson Foundation Resource Center Inc spend its money?
Gibson Foundation Resource Center Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Gibson Foundation Resource Center Inc tax-deductible?
Gibson Foundation Resource Center Inc is registered as a tax-exempt nonprofit (EIN: 203862204). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gibson Foundation Resource Center Inc CEO make?
Gibson Foundation Resource Center Inc's highest-compensated officer earns $1 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Gibson Foundation Resource Center Inc's spending goes to programs?
Gibson Foundation Resource Center Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gibson Foundation Resource Center Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Gibson Foundation Resource Center Inc is above average for NTEE category L40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gibson Foundation Resource Center Inc located?
Gibson Foundation Resource Center Inc is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 203862204. It is classified under NTEE code L40.
How many years of IRS 990 filings does Gibson Foundation Resource Center Inc have?
Gibson Foundation Resource Center Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.2M in total revenue.
Is Gibson Foundation Resource Center Inc. a good charity?
Based on the available data, the Gibson Foundation Resource Center Inc. appears to be a good charity. It demonstrates strong financial health with consistent revenue, zero liabilities, and a remarkable 0% reported officer compensation, indicating a high dedication to its mission and efficient use of funds.
How does the organization manage to have 0% officer compensation?
The consistent reporting of 0% officer compensation across all 14 filings suggests that the organization's leadership may be entirely volunteer-based, or that compensation is structured in a way that is not reported under 'officer compensation' on the Form 990. This is a significant factor in its operational efficiency.
What caused the deficit in 2023?
In 2023, the organization experienced a deficit where expenses ($1,324,542) exceeded revenue ($1,024,584) by nearly $300,000. While the specific causes are not detailed in the summary data, it represents a temporary dip following several years of balanced or surplus operations.
Filing History
IRS 990 filing history for Gibson Foundation Resource Center Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Gibson Foundation Resource Center Inc's revenue has grown by 202%, moving from $339K to $1.0M. Total assets increased by 1271.7% over the same period, from $27K to $368K. Total functional expenses rose by 298.6%, from $332K to $1.3M. In its most recent filing year (2023), Gibson Foundation Resource Center Inc reported a deficit of $300K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.3M | $368K | $0 | — | View 990 |
| 2022 | $1.2M | $1.2M | $482K | $0 | — | View 990 |
| 2021 | $1.4M | $1.1M | $483K | $0 | — | — |
| 2020 | $1.0M | $992K | $257K | $0 | — | View 990 |
| 2019 | $963K | $799K | $206K | $0 | — | View 990 |
| 2018 | $443K | $430K | $42K | $0 | — | View 990 |
| 2017 | $553K | $589K | $29K | $0 | — | View 990 |
| 2016 | $459K | $436K | $64K | $0 | — | View 990 |
| 2015 | $448K | $436K | $42K | $0 | — | View 990 |
| 2014 | $379K | $413K | $30K | $0 | — | View 990 |
| 2013 | $375K | $326K | $63K | $0 | — | View 990 |
| 2012 | $472K | $519K | $15K | $0 | — | View 990 |
| 2011 | $395K | $359K | $62K | $0 | — | View 990 |
| 2010 | $339K | $332K | $27K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.3M, and assets of $368K (revenue -14.4% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $482K (revenue -12.3% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.1M, and assets of $483K (revenue +31.0% year-over-year).
- 2020: Revenue of $1.0M, expenses of $992K, and assets of $257K (revenue +8.2% year-over-year).
- 2019: Revenue of $963K, expenses of $799K, and assets of $206K (revenue +117.5% year-over-year).
- 2018: Revenue of $443K, expenses of $430K, and assets of $42K (revenue -20.0% year-over-year).
- 2017: Revenue of $553K, expenses of $589K, and assets of $29K (revenue +20.6% year-over-year).
- 2016: Revenue of $459K, expenses of $436K, and assets of $64K (revenue +2.3% year-over-year).
- 2015: Revenue of $448K, expenses of $436K, and assets of $42K (revenue +18.1% year-over-year).
- 2014: Revenue of $379K, expenses of $413K, and assets of $30K (revenue +1.3% year-over-year).
- 2013: Revenue of $375K, expenses of $326K, and assets of $63K (revenue -20.6% year-over-year).
- 2012: Revenue of $472K, expenses of $519K, and assets of $15K (revenue +19.5% year-over-year).
- 2011: Revenue of $395K, expenses of $359K, and assets of $62K (revenue +16.4% year-over-year).
- 2010: Revenue of $339K, expenses of $332K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gibson Foundation Resource Center Inc:
Data Sources and Methodology
This transparency report for Gibson Foundation Resource Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.