Tango Mercurio Inc
EIN: 263451659 · Washington, DC · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $71K |
| Total Expenses | $61K |
| Net Assets | $37K |
Is Tango Mercurio Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tango Mercurio Inc
Tango Mercurio Inc (EIN: 263451659) is a nonprofit organization based in Washington, DC, classified under NTEE code A23. The organization reported total revenue of $71K and total assets of $33K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tango Mercurio Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tango Mercurio Inc is a micro nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $61K |
| Surplus / Deficit | +$425 |
| Total Assets | $37K |
| Net Assets | $37K |
| Operating Margin | 0.7% |
| Months of Reserves | 7.3 months |
Financial Health Grade: A
In 2023, Tango Mercurio Inc reported a surplus of $425 with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2015–2023), Tango Mercurio Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.3% | +14.3% | +1.1% |
| 2022 | +116.2% | +58.7% | +27.2% |
| 2021 | +42.2% | +19.1% | -20.3% |
| 2020 | -82.6% | -70.9% | -18.6% |
| 2019 | +121.9% | +93.7% | +66.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tango Mercurio Inc 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 Tango Mercurio Inc 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 surplus of $425, with revenue exceeding expenses.
Frequently Asked Questions about Tango Mercurio Inc
Is Tango Mercurio Inc a legitimate charity?
Tango Mercurio Inc (EIN: 263451659) is a registered tax-exempt nonprofit based in Washington DC. It has 10 years of IRS 990 filings on record. Total revenue: $71K. No red flags identified. Financial health grade: A.
How does Tango Mercurio Inc spend its money?
Tango Mercurio Inc reported $71K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tango Mercurio Inc tax-deductible?
Tango Mercurio Inc is registered as a tax-exempt nonprofit (EIN: 263451659). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tango Mercurio Inc located?
Tango Mercurio Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 263451659. It is classified under NTEE code A23.
How many years of IRS 990 filings does Tango Mercurio Inc have?
Tango Mercurio Inc has 10 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 $71K in total revenue.
Filing History
IRS 990 filing history for Tango Mercurio Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2015–2023), Tango Mercurio Inc's revenue has grown by 5.8%, moving from $59K to $62K. Total assets increased by 137.1% over the same period, from $16K to $37K. Total functional expenses rose by 26.6%, from $49K to $61K. In its most recent filing year (2023), Tango Mercurio Inc reported a surplus of $425, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $62K | $61K | $37K | $0 | — | View 990 |
| 2022 | $62K | $54K | $37K | $0 | — | View 990 |
| 2021 | $29K | $34K | $29K | $0 | — | — |
| 2020 | $20K | $28K | $37K | $0 | — | View 990 |
| 2019 | $116K | $98K | $45K | $0 | — | View 990 |
| 2018 | $52K | $50K | $27K | $0 | — | View 990 |
| 2018 | $82K | $89K | $25K | $0 | — | View 990 |
| 2017 | $111K | $94K | $32K | $0 | — | View 990 |
| 2016 | $84K | $86K | $14K | $0 | — | View 990 |
| 2015 | $59K | $49K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $62K, expenses of $61K, and assets of $37K (revenue +0.3% year-over-year).
- 2022: Revenue of $62K, expenses of $54K, and assets of $37K (revenue +116.2% year-over-year).
- 2021: Revenue of $29K, expenses of $34K, and assets of $29K (revenue +42.2% year-over-year).
- 2020: Revenue of $20K, expenses of $28K, and assets of $37K (revenue -82.6% year-over-year).
- 2019: Revenue of $116K, expenses of $98K, and assets of $45K (revenue +121.9% year-over-year).
- 2018: Revenue of $52K, expenses of $50K, and assets of $27K (revenue -36.6% year-over-year).
- 2018: Revenue of $82K, expenses of $89K, and assets of $25K (revenue -26.2% year-over-year).
- 2017: Revenue of $111K, expenses of $94K, and assets of $32K (revenue +32.7% year-over-year).
- 2016: Revenue of $84K, expenses of $86K, and assets of $14K (revenue +43.5% year-over-year).
- 2015: Revenue of $59K, expenses of $49K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tango Mercurio Inc:
Data Sources and Methodology
This transparency report for Tango Mercurio Inc 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.