Tandem Lives

Tandem Lives is a 501(c)(3) nonprofit organization in the United States, designated for purposes such as religious, educational, charitable, scientific, literary, testing for public safety, and more. The organization falls under the category of philanthropy, voluntarism, and grantmaking foundations/corporate foundations according to the National Taxonomy of Exempt Entities (NTEE).

Mission and Activities

Unfortunately, specific details about the mission and activities of Tandem Lives as described in the search results do not directly align with its operational context. However, it is noted that donations to this organization are tax-deductible.

Financial Overview

In recent financial reports filed with the IRS, Tandem Lives has relied heavily on contributions for its revenue. For instance, in the fiscal year ending 2015, the organization reported $41,803 in contributions, which comprised 100% of its total revenue. Other sources of revenue, such as program services, investment income, net fundraising, and sales of assets, were minimal or non-existent. The organization reported total assets, but no liabilities, during this period[1].

Governance and Compensation

The governance structure of Tandem Lives includes directors and officers, none of whom received compensation during the reported periods. This reflects a non-profit operational model focused on volunteer leadership rather than paid staff for key positions[1].

Operations and Programs

While the mission specifics for Tandem Lives are not detailed in the available data, its categorization suggests involvement in charitable activities. The financial data indicates a reliance on donations, suggesting that the organization may focus on fundraising to support its programs or charitable initiatives.

Conclusion

Tandem Lives operates within the framework of U.S. nonprofit organizations focused on charitable causes. Its primary source of revenue is donations, and it maintains a governance structure typical of many non-profits in the sector. Despite limited information on specific programs or initiatives, Tandem Lives is positioned to support community development through its charitable activities.