ITALIAN COMMUNITY CENTER CHARITABLE FOUNDATION OF TROY NY INC (EIN 141511876) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

Principal Officer

ANTOINIETTA MAZZARIELLO

Phone

5185426599

Tax Period

2024-01-01 to 2024-12-31

ITALIAN COMMUNITY CENTER CHARITABLE FOUNDATION OF TROY NY INC, founded in 1969, is a small nonprofit in the Human Services sector that reported $321K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Net assets of $837K represent 31 months of operating reserves.

Mission

ITALIAN COMMUNITY CENTER CHARITABLE FOUNDATION OF TROY, NEW YORK, INC.'S PRIMARY PURPOSE IS TO PROMOTE AND ASSIST IN SENIOR AND YOUTH COMMUNITY ACTIVITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $36,977

Program Service Revenue $97,461

Investment Income $0

Other Revenue $186,985

TOTAL REVENUE $321,423

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $313,464

Other Expenses $348,824

TOTAL EXPENSES $350,824

Year-over-Year Comparison

	2024	2023	Change
Revenue	$321,423	$292,481	+0.1%
Expenses	$350,824	$194,566	+0.8%
Net Income	$-29,401	$97,915	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
JOHN BOEMIO	SARGENT AT A	2.00	Director	$0	$0	$0
NICK CASALE	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL CAZZATO	FINANCIAL SE	2.00	Officer Director	$0	$0	$0
MARY JANE CICCARARELLI	SECRETARY	2.00	Officer Director	$0	$0	$0
DARCY DELORENZO	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
YOLANDA DERARKELIAN	TRUSTEE	2.00	Director	$0	$0	$0
JAMES MARGO JR	DIRECTOR	2.00	Director	$0	$0	$0
JOSEPH LIOTTA	DIRECTOR	2.00	Director	$0	$0	$0
VINCENT MAMONE	DIRECTOR	2.00	Officer Director	$0	$0	$0
ANTOINIETTA MAZZARIELLO	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN MAZZARIELLO	TREASURER	2.00	Officer Director	$0	$0	$0
ANDREW MIELE	DIRECTOR	2.00	Director	$0	$0	$0
PAT MIELE	HOUSE MANAGE	2.00	Director	$0	$0	$0
TONY ROSELLI	TRUSTEE	2.00	Director	$0	$0	$0
MATINO TEDESCO	DIRECTOR	2.00	Director	$0	$0	$0
JUDI VALENTI	DIRECTOR	2.00	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
2024	$321,423	$350,824	$839,587	$-29,401
2023	$292,481	$194,566	$868,988	$97,915
2022	$240,792	$182,624	$771,073	$58,168
2021	$204,398	$138,868	$736,341	$65,530
2020	$82,533	$102,478	$705,341	$-19,945
2019	$135,896	$127,934	$741,595	$7,962
2018	$129,678	$139,410	$773,353	$-9,732

ITALIAN COMMUNITY CENTER CHARITABLE FOUNDATION OF TROY NY INC