ITALIAN AMERICAN COMMITTEE ON EDUCATION (EIN 133191398) - 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

1975

Legal Domicile

Principal Officer

BERARDO PARADISO

Phone

2127728755

Tax Period

2023-01-01 to 2023-12-31

ITALIAN AMERICAN COMMITTEE ON EDUCATION, founded in 1975, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $2.2M left a modest 7% surplus.

Mission

ITALIAN LANGUAGE EDUCATION

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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 $2,326,593

Program Service Revenue $0

Investment Income $16,790

Other Revenue $0

TOTAL REVENUE $2,343,383

Expense Breakdown

Grants Paid $863,506

Salaries & Benefits $250,894

Fundraising Expenses $0

Program Expenses $1,762,809

Other Expenses $1,054,881

TOTAL EXPENSES $2,169,281

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,343,383	$2,042,152	+0.1%
Expenses	$2,169,281	$1,855,088	+0.2%
Net Income	$174,102	$187,064	-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

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	Role	Reportable Comp	Other Comp	Total
BERARDO PARADISO	PRESIDENT	Director	$0	$0	$0
LAURA SANGUINETI	VP	Officer	$0	$0	$0
MARIO COSTA	TREASURER	Officer	$0	$0	$0
MARIA TERESA COMETTO	VP	Officer	$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	No data	No data	No data	No data
2023	$2,343,383	$2,169,281	$1,764,908	$174,102
2022	$2,042,152	$1,855,088	$1,168,535	$187,064
2021	$1,619,654	$1,433,061	$981,739	$186,593
2020	$3,007,103	$2,239,376	$794,844	$767,727
2019	$2,365,671	$2,338,579	$27,116	$27,092
2018	$2,526,013	$2,526,119	$24	$-106

ITALIAN AMERICAN COMMITTEE ON EDUCATION