Tandem Family Resource Center
EIN: 411327946 · Minneapolis, MN
| Metric | Value |
|---|---|
| Total Revenue | $590K |
| Total Expenses | $480K |
| Net Assets | $621K |
Is Tandem Family Resource Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tandem Family Resource Center
Tandem Family Resource Center (EIN: 411327946) is a nonprofit organization based in Minneapolis, MN. The organization reported total revenue of $590K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tandem Family Resource Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tandem Family Resource Center is a small nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $404K |
| Total Expenses | $480K |
| Surplus / Deficit | $-75,504 |
| Total Assets | $1.1M |
| Total Liabilities | $431K |
| Net Assets | $621K |
| Operating Margin | -18.7% |
| Debt-to-Asset Ratio | 41.0% |
| Months of Reserves | 26.3 months |
Financial Health Grade: B
In 2023, Tandem Family Resource Center reported a deficit of $76K with expenses exceeding revenue, holds 26.3 months of operating reserves (strong position), has a debt-to-asset ratio of 41.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tandem Family Resource Center's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -59.5% | -15.5% | -1.6% |
| 2022 | +123.1% | +20.4% | +63.8% |
| 2021 | +1.6% | +16.9% | -4.3% |
| 2019 | -100.0% | -100.0% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tandem Family Resource Center has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tandem Family Resource Center with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $76K, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.0%.
Frequently Asked Questions about Tandem Family Resource Center
Is Tandem Family Resource Center a legitimate charity?
Tandem Family Resource Center (EIN: 411327946) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $590K. No red flags identified. Financial health grade: B.
How does Tandem Family Resource Center spend its money?
Tandem Family Resource Center reported $590K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tandem Family Resource Center tax-deductible?
Tandem Family Resource Center is registered as a tax-exempt nonprofit (EIN: 411327946). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tandem Family Resource Center located?
Tandem Family Resource Center is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 411327946.
How many years of IRS 990 filings does Tandem Family Resource Center have?
Tandem Family Resource Center has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $590K in total revenue.
Filing History
IRS 990 filing history for Tandem Family Resource Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tandem Family Resource Center's revenue has grown by 42.5%, moving from $284K to $404K. Total assets increased by 731.5% over the same period, from $127K to $1.1M. Total functional expenses rose by 45.3%, from $330K to $480K. In its most recent filing year (2023), Tandem Family Resource Center reported a deficit of $76K, with expenses exceeding revenue. The organization holds $431K in liabilities against $1.1M in assets (debt-to-asset ratio: 41.0%), resulting in net assets of $621K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $404K | $480K | $1.1M | $431K | — | View 990 |
| 2022 | $999K | $568K | $1.1M | $413K | — | — |
| 2021 | $448K | $471K | $653K | $428K | — | View 990 |
| 2020 | $441K | $403K | $682K | $434K | — | View 990 |
| 2019 | $0 | $0 | $1 | $0 | — | View 990 |
| 2018 | $404K | $393K | $806K | $655K | — | View 990 |
| 2017 | $553K | $536K | $836K | $696K | — | View 990 |
| 2016 | $446K | $488K | $822K | $643K | — | View 990 |
| 2015 | $471K | $472K | $182K | $-37,704 | — | View 990 |
| 2014 | $353K | $343K | $211K | $10K | — | View 990 |
| 2013 | $337K | $307K | $177K | $-1,661 | — | View 990 |
| 2012 | $242K | $255K | $151K | $13K | — | View 990 |
| 2011 | $284K | $330K | $127K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $404K, expenses of $480K, and assets of $1.1M (revenue -59.5% year-over-year).
- 2022: Revenue of $999K, expenses of $568K, and assets of $1.1M (revenue +123.1% year-over-year).
- 2021: Revenue of $448K, expenses of $471K, and assets of $653K (revenue +1.6% year-over-year).
- 2020: Revenue of $441K, expenses of $403K, and assets of $682K.
- 2019: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2018: Revenue of $404K, expenses of $393K, and assets of $806K (revenue -26.9% year-over-year).
- 2017: Revenue of $553K, expenses of $536K, and assets of $836K (revenue +24.0% year-over-year).
- 2016: Revenue of $446K, expenses of $488K, and assets of $822K (revenue -5.2% year-over-year).
- 2015: Revenue of $471K, expenses of $472K, and assets of $182K (revenue +33.3% year-over-year).
- 2014: Revenue of $353K, expenses of $343K, and assets of $211K (revenue +4.6% year-over-year).
- 2013: Revenue of $337K, expenses of $307K, and assets of $177K (revenue +39.3% year-over-year).
- 2012: Revenue of $242K, expenses of $255K, and assets of $151K (revenue -14.6% year-over-year).
- 2011: Revenue of $284K, expenses of $330K, and assets of $127K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tandem Family Resource Center:
Data Sources and Methodology
This transparency report for Tandem Family Resource Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.