SONS OF ITALY IN AMERICA (EIN 222511925) - 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

2002

Legal Domicile

Principal Officer

RALPH BAGARELLA

Phone

9786882258

Tax Period

2023-01-01 to 2023-12-31

SONS OF ITALY IN AMERICA, founded in 2002, is a small nonprofit in the Mutual Benefit sector that reported $104K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $98K, a strong 94% operating margin.

Mission

SOCIAL/RECREATION FOR LODGE MEMBERS AND FUND RAISING FOR COMMUNITY NON-PROFIT ORGANIZATIONS

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $13,176

Program Service Revenue $83,109

Investment Income $4,447

Other Revenue $3,362

TOTAL REVENUE $104,094

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $6,209

TOTAL EXPENSES $6,209

Year-over-Year Comparison

	2023	2022	Change
Revenue	$104,094	$119,990	-0.1%
Expenses	$6,209	$52,900	-0.9%
Net Income	$97,885	$67,090	+0.5%

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

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
ARMANDO BUONANNO	PRESIDENT	4.00	Officer	$0	$0	$0
GINA NEVE	VICE PRESIDENT	2.00	Officer	$0	$0	$0
JOSEPH A SALVO	TREASURER	2.00	Officer	$0	$0	$0
CARMALA PAGNONI	RECORDING SECRETARY	2.00	Officer	$0	$0	$0
JOSEPH BELLA	TRUSTEE	2.00	Officer	$0	$0	$0
CHARLIE BONANNO	TRUSTEE	2.00	Director	$0	$0	$0
BRENDA BUONANNO	TRUSTEE	2.00	Officer	$0	$0	$0
BARBARA DELUCA-REA	TRUSTEE	2.00	Director	$0	$0	$0
BRETT FRITTITTA	FINANACE SECREATRY	2.00	Officer	$0	$0	$0
PIO FRITTITTA	ORATOR	2.00	Officer	$0	$0	$0
JOSEPH RUSSO	TRUSTEE	2.00	Officer	$0	$0	$0
KAREN BUONANNO	TRUSTEE	2.00	Officer	$0	$0	$0
BOB BUONANNO SR	TRUSTEE	2.00	Officer	$0	$0	$0
VINCENT BUONANNO	TRUSTEE	2.00	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	$104,094	$6,209	$330,061	$97,885
2022	$119,990	$52,900	$260,840	$67,090
2021	$45,795	$9,722	$209,332	$36,073

SONS OF ITALY IN AMERICA