Tis To Inspire Strong African Children Fund Inc
- Assets
- $327.3k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 5
- Location
- Washington, DC
- Founding
- 03/1994
- Data as of
- 12/2021
- EIN
- 52-1843141
Organization Overview
Tis To Inspire Strong African Children Fund Inc, operating under the name Tis Foundation, is located in Washington, DC. The organization was established in 1994. According to its NTEE Classification (R19) the organization is classified as: Support N.E.C., under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, Tis Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tis Foundation 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 12/2021, Tis Foundation generated $1.7m in total revenue. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 101.9% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO REVITALIZE HIGH-POVERTY COMMUNITIES THROUGH THE DELIVERY OF ESSENTIAL SUPPORT SERVICES, INNOVATIVE EDUCATIONAL AND WORKFORCE DEVELOPMENT PROGRAMS, AND CREATIVE ENTREPRENEURSHIP OPPORTUNITIES TO HIGH-NEED FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO REVITALIZE HIGH-POVERTY COMMUNITIES THROUGH THE DELIVERY OF ESSENTIAL SUPPORT SERVICES, INNOVATIVE EDUCATIONAL AND WORKFORCE DEVELOPMENT PROGRAMS, AND CREATIVE ENTREPRENEURSHIP OPPORTUNITIES TO HIGH-NEED FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emeka Nwaosu Board Chairman | Officer | 10 | $0 |
Ogechukwu Irono Executive Director | Officer | 25 | $0 |
Percy Wilson Member | Trustee | 0 | $0 |
Dr Emmanuel T Akpan Member | Trustee | 0 | $0 |
Jeff Woodson Member | Trustee | 0 | $0 |
Stan Straughter Member | Trustee | 0 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,675,203 |
| 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 | $1,675,203 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $175,100 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $26,780 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,734 |
| Fees for services: Accounting | $14,420 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $360,500 |
| Advertising and promotion | $12,360 |
| Office expenses | $25,845 |
| Information technology | $22,868 |
| Royalties | $0 |
| Occupancy | $76,632 |
| Travel | $7,210 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,068 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,153 |
| All other expenses | $0 |
| Total functional expenses | $1,437,023 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $254,100 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $57,565 |
| 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 | $15,590 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $327,255 |
| Accounts payable and accrued expenses | $3,000 |
| 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 | $3,000 |
| Net assets without donor restrictions | $324,255 |
| 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 | $327,255 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Tis To Inspire Strong African Children Fund Inc has recieved totaling $261,374.
| Awarding Organization | Amount |
|---|---|
Jane Bancroft Robinson Foundation Inc Washington, DC PURPOSE: PROGRAM SUPPORT | $130,687 |
Jane Bancroft Robinson Foundation Inc Washington, DC PURPOSE: PROGRAM SUPPORT | $130,687 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Leadership Center For Attorney General Studies Washington, DC | $829,634 | $919,891 |
Tis To Inspire Strong African Children Fund Inc Washington, DC | $327,255 | $1,675,203 |
Talking With America Alexandria, VA | $119,020 | $486,600 |
Southern Transitional Council Us Ltd Washington, DC | $9,121 | $419,949 |
Progressive Multiplier Action Fund Washington, DC | $205,287 | $213,590 |
Safe Bars Inc Takoma Park, MD | $78,012 | $0 |
Center For Taxpayer Rights Washington, DC | $169,936 | $171,808 |
Mt Training Academy Inc Springfield, VA | $92,149 | $0 |
Women Legislators Of Maryland Foundation Inc Annapolis, MD | $94,769 | $0 |