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Tango Element Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264463797 ✦ Arlington, VA ✦ Designated as a 501(c)(3)

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Overview

What is Tango Element Inc?

Tango Element Inc, situated in Arlington, Virginia, is a dedicated nonprofit organization committed to the promotion of Argentine Tango dancing. Their primary purpose is to foster and advocate for this dance form within the community. The organization's activities and mission revolve around the enhancement and popularization of Argentine Tango dancing, emphasizing its importance and appeal.


Official website here: www.tangoelement.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, Overall Score: 61%)

Tango Element Inc has received a two-star rating from Charity Navigator, indicating that there are significant areas for improvement in its operations and governance. The organization has a good score for program expenses, indicating that most of its funds are directed towards its mission. However, the overall accountability and finance score is low, reflecting deficiencies in governance policies and financial transparency.

The organization’s board shows strength with a fully independent makeup and solid scores in certain governance areas, such as the material diversion of assets and the posting of board meeting minutes. Nonetheless, it lacks essential policies, specifically regarding conflict of interest, whistleblower protections, and document retention, which could pose risks to its operational integrity. These missing policies contribute to its low accountability score.

Additionally, Tango Element Inc faces challenges with its financial ratios, particularly the liabilities to assets ratio, which is concerning. This suggests that the organization may be over-leveraged or struggling to manage its debts effectively. Overall, while there are strengths in program execution, the organization must address its governance and financial management issues to enhance its credibility and effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Tango Element Inc legitimate?

Tango Element Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tango Element Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.tangoelement.org

What is the mission statement of Tango Element Inc?

Tango Element, as a dance organization, is committed to the promotion of Argentine Tango dancing. Their mission is centered around fostering interest and appreciation for this dance form. They strive to increase awareness and participation in Tango dancing, serving as a driving force in its growth and recognition. By doing so, they contribute to the preservation and celebration of this rich cultural dance form.


Official website here: www.tangoelement.org

Who is the CEO of Tango Element Inc?

Julia Schiptsova is the Treasurer of Tango Element Inc.


Official website here: www.tangoelement.org

What is the revenue of Tango Element Inc?

Tango Element Inc's revenue in 2022 was $61,269.


Official website here: www.tangoelement.org

Who are the executives of Tango Element Inc and what are their salaries?

There 2 volunteers at Tango Element Inc.


There is 1 key member and their salary:


Alexey Khripunov (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tangoelement.org

Where can I find the form 990 for Tango Element Inc?

Tango Element Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tangoelement.org

Learn more at the official website: www.tangoelement.org

Mission Statement of Tango Element Inc

Tango Element, a renowned dance organization, is dedicated to the promotion of Argentine Tango dancing. This mission drives their actions and initiatives, aiming to foster an appreciation and love for this captivating dance form. The organization's primary focus is on spreading the essence and beauty of Argentine Tango, engaging individuals and communities in its rhythm and movement. By promoting Argentine Tango dancing, Tango Element contributes to preserving and celebrating this rich cultural heritage.

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Impact




August, 2024

Tango Element Inc's impact lies in promoting Argentine tango dancing within the community. Through its activities and events, the organization fosters a love for this traditional dance form while also bringing people together through the shared experience of dancing. Tango Element Inc plays a vital role in preserving and celebrating the art of Argentine tango, enriching the cultural landscape of Arlington, VA, and providing a creative outlet for individuals interested in the arts.




This information is meant to be a general summary of Tango Element Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$61,269 (2022)
Expenses
$60,508 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $61,269
  • Gross Receipts: $61,269

Assets and Liabilities:

  • Total Assets: $515
  • Total Liabilities: $31,400
  • Net Assets: -$30,885

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REGISTRATION

Revenue

$61,269

Organization Details

Founding Year

2009

Principal Officer

Julia Schiptsova

Main Address

604B 15TH STREET S, ARLINGTON, VA, 22202

NTEE Category

Code: A62 - Arts

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