TANGO ELEMENT INC

EIN: 264463797 501(c)(3) Arts, Culture & Humanities

ARLINGTON, VA

Total Revenue
$34,591
Total Expenses
$36,725
Total Assets
$409
Net Assets
$-40,991
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
VA
Principal Officer
JULIA SCHIPTSOVA
Phone
2027756170
Tax Period
2024-01-01 to 2024-12-31

TANGO ELEMENT INC, founded in 2009, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $45K in total revenue in fiscal year 2018. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $55K exceeded revenue, resulting in a 24% operating deficit.

Mission

PROMOTION OF ARGENTINE TANGO DANCING

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $34,591
Investment Income $0
Other Revenue $0
TOTAL REVENUE $34,591

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $36,725
Other Expenses $36,725
TOTAL EXPENSES $36,725

Year-over-Year Comparison

2024 2023 Change
Revenue $34,591 $26,418 +0.3%
Expenses $36,725 $34,390 +0.1%
Net Income $-2,134 $-7,972 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
2

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEXEY KHRIPUNOV TREASURER 10.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $34,591 $36,725 $409 $-2,134
2023 $26,418 $34,390 $2,543 $-7,972
2022 $61,269 $60,508 $515 $761
2021 $54 $32,180 $8,454 $-32,126
2020 $31 $5,537 $9,180 $-5,506
2019 $88,354 $94,328 $5,986 $-5,974
2018 $44,666 $55,224 $11,960 $-10,558
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