Tisco Inc.
Tisco Inc. is a 501(c)(3) nonprofit organization focused on mental health, crisis intervention, and operating as a group home and residential treatment facility. The organization is committed to providing services related to mental health.
Mission and Activities
The exact mission of Tisco Inc. is not widely detailed in available public records, but its designation as a mental health-related organization indicates its commitment to supporting individuals with mental health needs. It does not appear to engage in any significant fundraising activities beyond receiving contributions, as indicated by its financial data.
Financial Information
Tisco Inc. derives its revenue primarily from contributions, with no reported income from interest, dividends, or sales of assets. In recent years, the organization has received substantial contributions:
- 2023: $720,902 in contributions, with total assets of $13,003 and no liabilities.
- 2022: $689,871 in contributions, with total assets of $29,704 and no liabilities.
- 2021: $843,194 in contributions, with total assets of $127,086 and no liabilities.
Expenses primarily focus on operational costs, with officer compensation listed but not deemed significant enough to affect overall financial standing. Notably, the CEO, Celestina J. Akinkuowo, does not receive compensation according to available records.
Governance and Structure
Details about the specific governance structure of Tisco Inc. are limited. However, as a 501(c)(3) organization, it adheres to the financial reporting requirements of the Internal Revenue Service, filing Form 990 annually.
Tax-Deductible Contributions
Contributions to Tisco Inc. are tax-deductible, allowing supporters to claim these donations as deductions on their income taxes.
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