NATIONAL ORGANIZATION OF ITALIAN A… - Form 990 Financial Data

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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

1981

Legal Domicile

Principal Officer

DIANA FEMIA

Phone

2126422003

Tax Period

2023-07-01 to 2024-06-30

NATIONAL ORGANIZATION OF ITALIAN AMERICAN WOMEN INC, founded in 1981, is a small nonprofit in the Human Services sector that reported $215K in total revenue in fiscal year 2023. Expenses of $252K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE MISSION OF THE NATIONAL ORGANIZATION OF ITALIAN AMERICAN WOMEN IS TO CREATE A THRIVING,INCLUSIVE COMMUNITY THAT EMBRACES ITALIAN CULTURE AND SUPPORTS THE PERSONAL AND PROFESSIONAL ADVANCEMENT OF ITS MEMBERS.

Program Service Accomplishments

Program 1

SCHOLARSHIP PROGRAMS:THE NATIONAL ORGANIZATION OF ITALIAN AMERICAN WOMEN AWARDS SCHOLARSHIPS ANNUALLY TO DESERVING YOUNG WOMEN OF ITALIAN DESCENT WHO HAVE ACHIEVED ACADEMIC SUCCESS.OUR ORGANIZATION IS COMMITTED TO GIVING THEM THE OPPORTUNITY TO ACHIEVE THEIR DREAMS OF HIGHER EDUCATION AND REALIZE ACADEMIC GOALS.

Program 2

CULTURAL EXCHANGE PROGRAM: THIS PROGRAM WAS ESTABLISHED IN 2007 IN COLLABORATION WITH THE ITALIAN MINISTRY OF FOREIGN AFFAIRS TO PROVIDE COLLEGE WOMEN FROM THE UNITED STATES AND ITALY THE OPPORTUNITY TO VISIT THE OTHER'S COUNTRY FOR AN EDUCATIONAL AND CULTURAL EXPERIENCE. DUE TO PROCEDURAL CHANGES MANDATED BY THE MINISTRY OF FOREIGN AFFAIRS, THIS PROGRAM WAS NOT HELD IN 2023 & 2024. WE LOOK FORWARD TO RESUMING THE CULTURAL EXCHANGE PROGRAM IN THE NEAR FUTURE.

Program 3

VIRTUAL AND IN-PERSON EDUCATIONAL AND CULTURAL PROGRAMS WERE CONDUCTED FROM JULY 2023 UNTIL MID-MARCH 2024 WHEN PROGRAMMING TRANSITIONED TO BOTH IN PERSON AND SOME VIRTUAL PROGRAMMING WERE CONDUCTED TO ACHIEVE NOIAW'S MISSION AND PROMOTE THE ACCOMPLISHMENTS OF ITALIAN AMERICAN WOMEN. PROGRAMS AND CONFERENCES ARE HELD TO PROVIDE A FORUM FOR WOMEN UNITED BY HERITAGE TO SHARE THEIR EXPERIENCES AND STRENGTHEN THE INTERNATIONAL COMMUNITY OF WOMEN OF ITALIAN ANCESTRY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $177,103

Program Service Revenue $37,586

Investment Income $0

Other Revenue $0

TOTAL REVENUE $214,689

Expense Breakdown

Grants Paid $12,500

Salaries & Benefits $72,312

Fundraising Expenses $105,179

Program Expenses $82,665

Other Expenses $167,367

TOTAL EXPENSES $252,179

Year-over-Year Comparison

	2023	2022	Change
Revenue	$214,689	$214,158	+0.0%
Expenses	$252,179	$248,522	+0.0%
Net Income	$-37,490	$-34,364	+0.1%

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

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
AILEEN RIOTTO SIREY	DIRECTOR	16.00	Director	$0	$0	$0
BETTY SANTANGELO	DIRECTOR	25.00	Director	$0	$0	$0
ANGELA MAZZARELLI	DIRECTOR	10.00	Director	$0	$0	$0
DIANA FEMIA	CHAIR/DIRECT	30.00	Officer Director	$0	$0	$0
ANNE MARIE D'ATTELO	VICE CHAIR/D	18.00	Director	$0	$0	$0
PATRICIA TINTO	PRESIDENT/DI	20.00	Officer Director	$0	$0	$0
MARIA VULLO	DIRECTOR	8.00	Director	$0	$0	$0
MARY ANN MATTONE	DIRECTOR	5.00	Director	$0	$0	$0
DONNA CHIRICO	DIRECTOR	18.00	Officer Director	$0	$0	$0
MARIA TAMBURRI	DIRECTOR	20.00	Officer Director	$0	$0	$0
MARYROSE BARRANCO-MORRIS	DIRECTOR	10.00	Director	$0	$0	$0
DONNA CORRADO	DIRECTOR/TRE	18.00	Officer Director	$0	$0	$0
GEMMA PUGLISI	DIRECTOR	12.00	Director	$0	$0	$0
ADRIANA TRIGIANI	DIRECTOR	12.00	Director	$0	$0	$0
ROBIN TAGLIAFERRI	SECRETARY/DI	18.00	Director	$0	$0	$0
VITTORIA PACE	DIRECTOR	12.00	Director	$0	$0	$0
CRISTINA CARABETTA	DIRECTOR	12.00	Director	$0	$0	$0
ROSELLA RAGO	DIRECTOR	9.00	Director	$0	$0	$0
SUZANNE ADAMS	DIRECTOR	15.00	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	$214,689	$252,179	$87,919	$-37,490
2023	$214,158	$248,522	$131,298	$-34,364
2022	$212,122	$204,903	$165,661	$7,219
2021	$202,483	$148,660	$152,246	$53,823
2020	$127,111	$165,788	$194,957	$-38,677
2019	$262,260	$291,606	$137,101	$-29,346

NATIONAL ORGANIZATION OF ITALIAN AMERICAN WOMEN INC