TISBEST PHILANTHROPY
A better gift. A better world.
TISBEST PHILANTHROPY
EIN: 20-8630809
as of September 2023
as of September 18, 2023
Programs and results
Reports and documents
Download annual reportsWhat we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
TisBest Charity Gift Cards
TisBest Charity Gift Cards are outstanding alternatives to gifts of "stuff." The recipient "spends" the card by choosing their favorite cause or charity to receive the money on the card.
DiscoverGiving
DiscoverGiving is an educational program designed to introduce elementary students to the world of giving, philanthropy, non-profits and volunteerism.
ExpoGiving
ExpoGiving replaces the gimmicky swag at trade shows with the opportunity to choose a cause or charity to receive a corporate donation. Sponsoring businesses (exhibitors) make a single charitable donation, then expo booth visitors select their favorite cause to receive a portion ($5, $10, $25, $50 or whatever) of that larger donation. Booth visitors are thrilled to be a part of making the world a better place. Exhibiting companies enhance their brands through the TisBest ExpoGiving program.
Branded Corporate Giving Solutions
Unlike traditional promotional swag, TisBest Charity Gift Cards allow you to connect with your clients and employees in a meaningful way while promoting your brand and culture. They keep your brand, and your commitment to social responsibility, top of mind throughout the redemption experience.
Where we work
External reviews

Videos
Our results
How does this organization measure their results? It's a hard question but an important one.
Number of donor-advised funds
This metric is no longer tracked.Totals By Year
Related Program
TisBest Charity Gift Cards
Type of Metric
Output - describing our activities and reach
Direction of Success
Holding steady
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
TisBest has both "hard" and "soft" goals. Soft goals are those that are difficult to measure, but rather are an indication of program success. For example, one of TisBest's most important goals is to so build the TisBest Charity Gift Card over he next 25 years such that it becomes a regular, normal, first-choice gift option for a significant portion of the population of the U.S. "Hard" goals are very measurable, and the nature of the TisBest program enables us to precisely measure our ability to divert cash from gifts of "stuff" to gifts of "good" (in this case, donations to other charities). By 2020 our goal is to sell $25 million worth (per year) of TisBest Charity Gift Cards to businesses and individuals. That will convert to $22 million in donations to charities that would otherwise have purchased gifts destined for the landfill.
On the DiscoverGiving front, TisBest's classroom philanthropy program, our goal is to have the DiscoverGiving curriculum presented in 25,000 classrooms by 2023, 10 years following program launch, thereby introducing approximately 625,000 students to the joy of giving.
What are the organization's key strategies for making this happen?
TisBest will continue to use multiple strategies as we pursue businesses and individuals. We will continue to communicate to businesses of all sizes that the charity gift card is a superior gift compared with any alternative. We will continue to implement public relations, direct marketing, online marketing, pay per click advertising and social media to inform businesses and individuals about charity gift cards as well as new products we develop. Word of mouth plays an important role in the world of charity gift cards, and we anticipate the same will be true for DiscoverGiving, TisBest's classroom philanthropy offering. To that end a well organized, easy to browse and highly informative website is a must.
What are the organization's capabilities for doing this?
The creative minds at TisBest work diligently to develop the most customer-friendly website from which to purchase charity gift cards. We know our customers (both business and consumer) look for a meaningful alternative to gifts of "stuff", yet they also look for convenience and ease of use. TisBest has a highly capable in-house staff that includes a graphic designer, web developer and project manager, in addition to writers and content developers. The TisBest team has decades of experience in a variety of business and nonprofit settings. In addition, TisBest's founder remains and active volunteer and is fully engaged in TisBest's success. An active board drawn from the business community has proven to have valuable contacts and has introduced a number of customers to TisBest Charity Gift Cards.
What have they accomplished so far and what's next?
The business sector has provided a number of lessons as we continue to enhance our offerings. We have discovered that TisBest Charity Gift Cards make spectacular gifts of appreciation, year-end gifts, gifts for the holiday, etc. We have also found that they do not work well as incentives, especially if the recipient is not well known to the giver (as in the case of cold call marketing). As a result, TisBest is in a position to better advise companies how they can achieve some of their corporate social responsibility (CSR) goals using TisBest cards. We can also advise them how they should not attempt to use our cards, based on experience gained over the past several years. \r\nWe have seen our cards used in new and exciting ways in the last year. A number of clients have replaced trade show freebies with a charitable experience (we call this offering ExpoGiving) using TisBest codes. This diverts cash otherwise used for worthless give-aways to charitable donations for worthwhile causes. \r\nOther business clients have used our cards as "thank-you" devices to reward changes in behavior. For example, some banks and credit unions now reward their customers who switch from paper statements to online statements with a modest TisBest Charity Gift Card. \r\nEach of these new uses for TisBest cards and codes indicated greater reception to a new idea and greater traction in the marketplace.
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2022 info
1.02
Months of cash in 2022 info
0.8
Fringe rate in 2022 info
11%
Funding sources info
Assets & liabilities info
Financial data
TISBEST PHILANTHROPY
Balance sheetFiscal Year: Jul 01 - Jun 30
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jul 01 - Jun 30
This snapshot of TISBEST PHILANTHROPY’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
Profitability info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Unrestricted surplus (deficit) before depreciation | $375,277 | -$149,110 | -$233,424 | $178,240 | $198,437 |
As % of expenses | 5.0% | -4.2% | -5.8% | 1.7% | 1.4% |
Unrestricted surplus (deficit) after depreciation | $375,277 | -$151,314 | -$246,886 | $178,240 | $198,437 |
As % of expenses | 5.0% | -4.2% | -6.2% | 1.7% | 1.4% |
Revenue composition info | |||||
---|---|---|---|---|---|
Total revenue (unrestricted & restricted) | $7,837,180 | $3,425,817 | $3,767,399 | $11,028,187 | $14,459,218 |
Total revenue, % change over prior year | 635.0% | -56.3% | 10.0% | 192.7% | 31.1% |
Program services revenue | 0.0% | 0.0% | 0.0% | 0.4% | 0.4% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 0.1% | 0.2% | 0.2% | 0.0% | 0.0% |
Government grants | 0.0% | 0.0% | 0.0% | 0.6% | 0.0% |
All other grants and contributions | 99.9% | 99.8% | 99.8% | 99.0% | 99.6% |
Other revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Expense composition info | |||||
---|---|---|---|---|---|
Total expenses before depreciation | $7,461,903 | $3,574,927 | $4,000,823 | $10,734,354 | $14,260,781 |
Total expenses, % change over prior year | 635.4% | -52.1% | 11.9% | 168.3% | 32.9% |
Personnel | 2.6% | 11.1% | 7.6% | 3.9% | 4.2% |
Professional fees | 0.3% | 0.7% | 2.2% | 1.4% | 2.4% |
Occupancy | 0.2% | 1.1% | 1.0% | 0.3% | 0.3% |
Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Pass-through | 91.8% | 67.2% | 75.8% | 86.0% | 67.3% |
All other expenses | 5.2% | 19.9% | 13.5% | 8.4% | 25.8% |
Full cost components (estimated) info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Total expenses (after depreciation) | $7,461,903 | $3,577,131 | $4,014,285 | $10,734,354 | $14,260,781 |
One month of savings | $621,825 | $297,911 | $333,402 | $894,530 | $1,188,398 |
Debt principal payment | $0 | $0 | $0 | $0 | $0 |
Fixed asset additions | $0 | $15,666 | $0 | $0 | $0 |
Total full costs (estimated) | $8,083,728 | $3,890,708 | $4,347,687 | $11,628,884 | $15,449,179 |
Capital structure indicators
Liquidity info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Months of cash | 1.5 | 1.9 | 1.7 | 1.2 | 0.8 |
Months of cash and investments | 1.5 | 1.9 | 1.7 | 1.2 | 0.8 |
Months of estimated liquid unrestricted net assets | 0.6 | 0.7 | -0.1 | 0.2 | 0.3 |
Balance sheet composition info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Cash | $955,645 | $575,888 | $580,072 | $1,116,515 | $951,576 |
Investments | $0 | $0 | $0 | $0 | $0 |
Receivables | $13,464 | $25,603 | $5,000 | $15,409 | $552,893 |
Gross land, buildings, equipment (LBE) | $0 | $15,666 | $15,666 | $0 | $0 |
Accumulated depreciation (as a % of LBE) | 0.0% | 14.1% | 100.0% | 0.0% | 0.0% |
Liabilities (as a % of assets) | 61.7% | 65.3% | 103.6% | 86.7% | 78.6% |
Unrestricted net assets | $375,626 | $224,312 | -$22,574 | $155,666 | $354,103 |
Temporarily restricted net assets | $0 | $0 | N/A | N/A | N/A |
Permanently restricted net assets | $0 | $0 | N/A | N/A | N/A |
Total restricted net assets | $0 | $0 | $0 | $0 | $0 |
Total net assets | $375,626 | $224,312 | -$22,574 | $155,666 | $354,103 |
Key data checks
Key data checks info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Managing Director
Simeon Cathey
As one of the original founders of TisBest and with over two decades of technology design experience, Simeon brings his passion of giving and technology for good to TisBest as Managing Director. After living in the Seattle area for 12 years, he's relocated to Maui, Hawaii, where he enjoys sailing, surfing, and scuba diving.
Number of employees
Source: IRS Form 990
TISBEST PHILANTHROPY
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
TISBEST PHILANTHROPY
Board of directorsas of 06/28/2023
Board of directors data
James Phillips
Richard Gold
R.N. Gold & Assoc.
James Phillips
Berschauer-Phillips Construction Co.
Kendall Webb
Peter Lindburg
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? No -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
No data
Gender identity
Sexual orientation
No data
Disability
No data