Theo Christian Solution Inc
- Assets
- $194.4k
- Revenue
- $476.6k
- Investments
- $0.0
- Employees
- 35
- Location
- Plano, TX
- Founding
- 02/2017
- Data as of
- 04/2024
- EIN
- 81-3992485
Organization Overview
Theo Christian Solution Inc, operating under the name Theo, is located in Plano, TX. The organization was established in 2017. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 04/2024, Theo employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Theo is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2024, Theo generated $476.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $465.5k during the year ending 04/2024. While expenses have increased by 5.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THEO SERVES HOME EDUCATING FAMILIES IN NORTH TEXAS TO SUPPORT THEIR FAMILY GOALS OF STRONG ACADEMICS IN A CHRISTIAN ENVIRONMENT WHERE PARENTS ARE IN CHARGE. THEO OFFERS CLASSES FOR ELEMENTARY, MIDDLE SCHOOL, AND HIGH SCHOOL STUDENTS, AND EDUCATIONAL SEMINARS FOR PARENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THEO SERVES APPROXIMATELY 600 HOME EDUCATING FAMILIES IN NORTH TEXAS AND OVER 650 STUDENTS. THEO OFFERS STUDENTS APPROXIMATELY 177 CLASSES, INCLUDING DUAL CREDIT COLLEGE CLASSES, AS WELL AS EDUCATIONAL SEMINARS TO HELP TRAIN THE PARENTS IN THE RIGORS OF HOME EDUCATION. THEO ALSO OFFERS SUMMER CAMPS TO AID IN THE PREPARATION OF COLLEGE ENTRANCE EXAMS. THE SENIOR CLASS COMMENCEMENT CEREMONY, FACILITATED BY THEO, HELPS APPROXIMATELY 50-60 FAMILIES EACH SPRING REALIZE THEIR GOAL OF GRADUATING THEIR STUDENT FROM A SUCCESSFUL HOME EDUCATION. MANY OF THE STUDENTS RECEIVE HONORS, AWARDS AND SCHOLARSHIPS FOR OUTSTANDING ACADEMIC PERFORMANCE IN LOCAL AND NATIONAL COMPETITIONS. THEO SUCESSFULLY NAVIGATED TO VIRTUAL LEARNING AT THE ONSET OF THE COVID PANDEMIC WITHOUT MISSING A CLASS AND CONTINUES TO STAY AHEAD OF HEALTH AND SAFETY CONCERNS WITH CONTINUAL UPDATES TO HEALTH, SAFETY AND SECURITY PROTOCOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Cantu President | OfficerTrustee | 5 | $0 |
Alicia Loran Secretary | OfficerTrustee | 1 | $9,213 |
Beverly Stewart Treasurer | OfficerTrustee | 8 | $3,715 |
Vicki Musall Board Member | Trustee | 40 | $26,400 |
Kelly Ballard Board Member | Trustee | 50 | $39,520 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,423 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,423 |
| Total Program Service Revenue | $472,187 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $476,610 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $82,751 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $119,847 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,895 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,200 |
| Fees for services: Accounting | $6,513 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $165 |
| Advertising and promotion | $358 |
| Office expenses | $21,531 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $191,489 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $493 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,654 |
| All other expenses | $0 |
| Total functional expenses | $465,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,228 |
| Savings and temporary cash investments | $100,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $200 |
| Total assets | $194,428 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $194,428 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $194,428 |