Sons of Italy In America Inc (EIN 112334450) - 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

2008

Legal Domicile

Principal Officer

Ronald Camarda

Phone

6312081635

Tax Period

2024-01-01 to 2024-12-31

Sons of Italy In America Inc, founded in 2008, is a micro nonprofit that reported $53K in total revenue in fiscal year 2024. Revenue surged 106% from the prior year, signaling strong growth momentum. The organization ran a surplus of $14K, a strong 27% operating margin.

Mission

To Uphold Italian Traditions and Promote The Active Participation of The Members of the Community

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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 $5,045

Program Service Revenue $0

Investment Income $0

Other Revenue $47,653

TOTAL REVENUE $52,698

Expense Breakdown

Grants Paid $23,132

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,132

Other Expenses $15,454

TOTAL EXPENSES $38,586

Year-over-Year Comparison

	2024	2023	Change
Revenue	$52,698	$25,593	+1.1%
Expenses	$38,586	$40,125	0.0%
Net Income	$14,112	$-14,532	-2.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Eleanor Denovellis	Trustee	1.00	Director	$0	$0	$0
John Mattia	Trustee	1.00	Director	$0	$0	$0
Hughtony McNeill	Trustee	1.00	Director	$0	$0	$0
David Nobile	Treasurer	1.00	Director	$0	$0	$0
Sebastian Torrigiano	Trustee	1.00	Director	$0	$0	$0
Mary Ann Decostanzo	Immediate Past President	1.00	Officer	$0	$0	$0
Ronald Camarda	Treasury	5.00	Officer	$0	$0	$0
Jeff Camarda	Vice President	5.00	Officer	$0	$0	$0
Theresa Pernice	Immediate	5.00	Officer	$0	$0	$0
Lawrence Samele	Corresponding Secretary	1.00	Officer	$0	$0	$0
Lauri McNeil	Recording Secretary	1.00	Officer	$0	$0	$0
Eleanor Camarda	Master of Ceremonies	1.00	Officer	$0	$0	$0
Anna Peluso	Master of Ceremonies	1.00	Officer	$0	$0	$0
Salvatore Bisulca	President	5.00	Key Emp	$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
2024	$52,698	$38,586	$262,865	$14,112
2023	$25,593	$40,125	$248,753	$-14,532
2022	$24,294	$28,558	$263,285	$-4,264
2021	$3,310	$18,865	$267,549	$-15,555
2020	$12,539	$22,055	$283,104	$-9,516
2019	$52,420	$85,593	$282,118	$-33,173
2018	$79,598	$93,353	$315,291	$-13,755

Sons of Italy In America Inc