ITALIAN WORKINGMEN'S CLUB INC (EIN 050297484) - Form 990 Financial Analysis & Trantor Score

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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

1928

Legal Domicile

Principal Officer

JOHN PELLETIER

Phone

4017629842

Tax Period

2024-01-01 to 2024-12-31

ITALIAN WORKINGMEN'S CLUB INC, founded in 1928, is a small nonprofit that reported $200K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $176K left a modest 12% surplus.

Mission

MEMBER OF ITALO AMERICAN HERITAGE

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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 $12,740

Investment Income $8,653

Other Revenue $178,413

TOTAL REVENUE $199,806

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,418

Fundraising Expenses $0

Program Expenses $147,791

Other Expenses $163,931

TOTAL EXPENSES $176,349

Year-over-Year Comparison

	2024	2023	Change
Revenue	$199,806	$156,680	+0.3%
Expenses	$176,349	$181,828	0.0%
Net Income	$23,457	$-25,148	-1.9%

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

Volunteers

N/A

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

$4,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN PELLETIER	PRESIDENT	N/A	Officer	$1,800	$0	$1,800
ROBERT FRIGON	VICE PRESIDE	N/A	Officer	$1,800	$0	$1,800
MARK BARNABE	TREASURER	N/A	Officer	$1,200	$0	$1,200
ROMEO TURGEON	SECRETARY	N/A	Officer	$0	$0	$0
NICHOLAS DICESARE	DIRECTOR	N/A	Officer	$0	$0	$0
ROBERT THIVIERGE	DIRECTOR	N/A	Director	$0	$0	$0
JOE THEROUX	DIRECTOR	N/A	Director	$0	$0	$0
ROBERT LANOIE	DIRECTOR	N/A	Director	$0	$0	$0
WILLIAM GUERIN	DIRECTOR	N/A	Director	$0	$0	$0
MICHAEL YUSZCZAK	DIRECTOR	N/A	Director	$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
2025	No data	No data	No data	No data
2024	$199,806	$176,349	$845,783	$23,457
2023	$156,680	$181,828	$792,684	$-25,148
2022	$241,508	$151,058	$732,336	$90,450
2021	$223,407	$133,668	$735,031	$89,739
2020	$109,627	$124,359	$637,981	$-14,732
2019	$169,834	$190,172	$641,793	$-20,338
2018	$176,793	$176,002	$657,096	$791

ITALIAN WORKINGMEN'S CLUB INC