Tis Ltd

Nonprofit profile at a glance

EIN
980399712
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Dulles, VA, USA
Phone
8008472911
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$13,566,930
Expenses
$11,696,566
Assets
$18,574,750
Liabilities
$11,500,764

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Highest reported compensation

  • WILLIAM KRALOVEC (DIRECTOR): $249,680 total reported compensation
  • DEREK NELSON (ELEMENTARY PRINCIPAL): $196,514 total reported compensation
  • ROBERT JACKSON (SECONDARY PRINCIPAL): $146,331 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We are a community of learners who challenge ourselves, explore boundaries, and make connections to create a positive difference.

What it reported doing in 2024

Tis, ltd supports the operation of tashkent international school (tis) by providing funding, curriculum, books, equipment, teachers, and administrative staff. Tis is an international baccalaureate (ib) world school and a not-for-profit, independent, co-educational day school governed by a board of directors elected from the parent community. Established in 1994, tis serves the needs of an expanding international population, including children of expatriate business people and children from the diplomatic community. (continue on schedule o)tis offers a high school scholarship program to academically talented local students who meet scholastic criteria and demonstrate financial need. Each spring, tis receives up to 100 applicants competing for up to nine full scholarships. Past tis scholarship students have been accepted into top universities in the united states, canada and europe. All of these students have received significant financial aid packages.tashkent international school offers the full ib curriculum the primary years programme (pyp) to students in preschool through grade 5; the middle years programme (myp) for grades 6 through 10: and the diploma programme (dp) for grades 11 and 12. Small class sizes take advantage of the diverse educational background of the students. Instruction is in english and courses include english, mathematics, science, humanities, physical education, art, technology and fine arts. English as a second language is available from grades 2 to 9. Russian is offered as a foreign language and at mother-tongue level. Other languages include uzbek, french and korean. There is a comprehensive after-school activities program that includes ib cas (creativity, action, service), model united nations, student council, sat/act and college preparation, student newspaper, music training, art, chess club, and sports such as track and field, basketball, soccer, volleyball and badminton.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 67% for direct work, and 33% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 77
  • Accountability: 84
  • Sustainability: 58
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.6%; rating input score 85
  • Program expense ratio: 98.2%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 2 of 8 controls in place; rating input score 25
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Pass
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 13.8%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 1.59; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0.62; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 5.6%; rating input score 46; 46th percentile among comparable filings

Growth

  • Program expense growth: 3.3% per year; rating input score 100; 29th percentile among comparable filings
  • Revenue growth: 2.6% per year; rating input score 100; 22nd percentile among comparable filings
  • Asset growth: 5.8% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 84.6% of revenue deployed · 98.2% of spending went to programs
  • Governance: 11 of 11 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $11.5M in reported program spending
  • Leadership: top reported pay $250K · 15 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $127K reported
  • Consistency: 25 of 25 current checks pass
  • Schedules: 7 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight: 6 of 8 not reported.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.
  • Moderate — Sustainability: Officer compensation ratio scored 46/100.