Tisbest Philanthropy
Tisbest Philanthropy consistently allocates over 89% of expenses to programs with no officer compensation, despite recent revenue fluctuations.
EIN: 208630809 · Seattle, WA · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.8M |
| Total Expenses | $10.2M |
| Program Spending | 90% |
| Net Assets | $430K |
| Transparency Score | 92/100 |
Is Tisbest Philanthropy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tisbest Philanthropy directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tisbest Philanthropy
Tisbest Philanthropy (EIN: 208630809) is a nonprofit organization based in Seattle, WA, classified under NTEE code T30. The organization reported total revenue of $8.8M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tisbest Philanthropy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tisbest Philanthropy is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.7M |
| Total Expenses | $10.2M |
| Surplus / Deficit | $-499,070 |
| Total Assets | $1.2M |
| Total Liabilities | $726K |
| Net Assets | $430K |
| Operating Margin | -5.2% |
| Debt-to-Asset Ratio | 62.8% |
| Months of Reserves | 1.4 months |
Financial Health Grade: D
In 2023, Tisbest Philanthropy reported a deficit of $499K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 62.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tisbest Philanthropy's revenue has grown at a compound annual growth rate (CAGR) of 24.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.2% | -28.8% | -30.3% |
| 2022 | +31.1% | +32.9% | +41.8% |
| 2021 | +192.7% | +167.4% | +86.4% |
| 2020 | +10.0% | +12.2% | -2.9% |
| 2019 | -56.3% | -52.1% | -34.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Tisbest Philanthropy 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, Tisbest Philanthropy 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 $499K, with expenses exceeding revenue.
- Debt-to-asset ratio: 62.8%.
Executive Compensation Analysis
Tisbest Philanthropy reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual and suggests a volunteer-led executive structure or alternative compensation methods not reported as officer compensation.
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 Tisbest Philanthropy's IRS 990 filings:
- Significant year-over-year revenue decrease from $14.4M in 202206 to $9.6M in 202306, warranting further investigation into the cause.
Strengths
The following positive indicators were identified for Tisbest Philanthropy:
- Consistently high program spending ratio (e.g., 89.5% of expenses in 202306).
- 0% officer compensation reported across all filings, indicating strong resource allocation to mission.
- Significant growth in revenue and assets over the past decade, demonstrating increasing impact and capacity.
- Positive net assets in most recent filings ($1,155,772 assets vs $726,184 liabilities in 202306).
Frequently Asked Questions about Tisbest Philanthropy
Is Tisbest Philanthropy a legitimate charity?
Based on AI analysis of IRS 990 filings, Tisbest Philanthropy (EIN: 208630809) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Tisbest Philanthropy spend its money?
Tisbest Philanthropy directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tisbest Philanthropy tax-deductible?
Tisbest Philanthropy is registered as a tax-exempt nonprofit (EIN: 208630809). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tisbest Philanthropy's spending goes to programs?
Tisbest Philanthropy directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tisbest Philanthropy compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Tisbest Philanthropy is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tisbest Philanthropy located?
Tisbest Philanthropy is headquartered in Seattle, Washington and files with the IRS under EIN 208630809. It is classified under NTEE code T30.
How many years of IRS 990 filings does Tisbest Philanthropy have?
Tisbest Philanthropy has 13 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 $8.8M in total revenue.
Is Tisbest Philanthropy a good charity?
Based on its financial data, Tisbest Philanthropy appears to be a very good charity. It consistently dedicates a high percentage of its expenses (e.g., 89.5% in 202306) to program services and reports 0% officer compensation, indicating strong financial efficiency and a focus on its mission.
How has Tisbest Philanthropy's revenue trended over the past few years?
Tisbest Philanthropy's revenue has shown significant growth over the past decade, peaking at $14,459,218 in 202206, but experienced a decrease to $9,661,113 in 202306. Despite this recent dip, the overall trend from 201406 ($1,024,288) to 202306 ($9,661,113) is one of substantial growth.
What is Tisbest Philanthropy's approach to executive compensation?
Tisbest Philanthropy reports 0% officer compensation in all available IRS 990 filings. This suggests a highly efficient model where executive leadership may be volunteer-based or compensated through non-officer roles, ensuring more funds are directed to programs.
Filing History
IRS 990 filing history for Tisbest Philanthropy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tisbest Philanthropy's revenue has grown by 1265.8%, moving from $707K to $9.7M. Total assets increased by 1042.4% over the same period, from $101K to $1.2M. Total functional expenses rose by 1210.9%, from $775K to $10.2M. In its most recent filing year (2023), Tisbest Philanthropy reported a deficit of $499K, with expenses exceeding revenue. The organization holds $726K in liabilities against $1.2M in assets (debt-to-asset ratio: 62.8%), resulting in net assets of $430K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.7M | $10.2M | $1.2M | $726K | — | View 990 |
| 2022 | $14.5M | $14.3M | $1.7M | $1.3M | — | View 990 |
| 2021 | $11.0M | $10.7M | $1.2M | $1.0M | — | View 990 |
| 2020 | $3.8M | $4.0M | $627K | $650K | — | View 990 |
| 2019 | $3.4M | $3.6M | $646K | $422K | — | View 990 |
| 2018 | $7.8M | $7.5M | $981K | $606K | — | View 990 |
| 2017 | $1.1M | $1.0M | $192K | $191K | — | View 990 |
| 2016 | $1.1M | $1.0M | $140K | $192K | — | View 990 |
| 2015 | $1.1M | $1.1M | $84K | $202K | — | View 990 |
| 2014 | $1.0M | $1.1M | $137K | $221K | — | View 990 |
| 2013 | $1.1M | $1.1M | $216K | $214K | — | View 990 |
| 2012 | $863K | $848K | $363K | $372K | — | View 990 |
| 2011 | $707K | $775K | $101K | $126K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.7M, expenses of $10.2M, and assets of $1.2M (revenue -33.2% year-over-year).
- 2022: Revenue of $14.5M, expenses of $14.3M, and assets of $1.7M (revenue +31.1% year-over-year).
- 2021: Revenue of $11.0M, expenses of $10.7M, and assets of $1.2M (revenue +192.7% year-over-year).
- 2020: Revenue of $3.8M, expenses of $4.0M, and assets of $627K (revenue +10.0% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.6M, and assets of $646K (revenue -56.3% year-over-year).
- 2018: Revenue of $7.8M, expenses of $7.5M, and assets of $981K (revenue +635.0% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.0M, and assets of $192K (revenue -3.4% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $140K (revenue +1.0% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $84K (revenue +6.7% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.1M, and assets of $137K (revenue -4.0% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $216K (revenue +23.6% year-over-year).
- 2012: Revenue of $863K, expenses of $848K, and assets of $363K (revenue +22.1% year-over-year).
- 2011: Revenue of $707K, expenses of $775K, and assets of $101K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tisbest Philanthropy:
Data Sources and Methodology
This transparency report for Tisbest Philanthropy 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.