TANGO ELEMENT INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

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 $35K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum.

Mission

PROMOTION OF ARGENTINE TANGO DANCING

Program Service Accomplishments

Program 1

Expenses: $36,725 Revenue: $34,591

THE ORGANIZATION EXISTS TO PROMOTE AND TEACH THE ARGENTINE TANGO AS AN ARTFORM. PURSUANT TO THIS MISSION, IT PROMOTED A TANGO FESTIVAL TO HELP EDUCATE AND TEACH THOSE INTERESTED IN THE TANGO.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

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