SONS OF ITALY IN AMERICA 2016 WATSONVILLE

EIN: 237633495

WATSONVILLE, CA

Total Revenue
$186,133
Total Expenses
$65,896
Total Assets
$663,196
Net Assets
$663,196
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
CA
Principal Officer
DAVID DELFINO
Phone
8314760306
Tax Period
2024-01-01 to 2024-12-31

SONS OF ITALY IN AMERICA 2016 WATSONVILLE, founded in 1951, is a small nonprofit that reported $186K in total revenue in fiscal year 2024. Revenue surged 223% from the prior year, signaling strong growth momentum. The organization ran a surplus of $120K, a strong 65% operating margin.

Mission

THE ORDER SONS OF ITALY IN AMERICA IS ITALIAN AMERICANS CELEBRATING OUR HERITAGE AND HELPING TO BUILD A BETTER TOMORROW. IT IS THE LARGEST AND LONGEST-ESTABLISHED NATIONAL ORGANIZATION FOR MEN AND WOMEN OF ITALIAN HERITAGE IN THE UNITED STATES.THE MISSION OF THE ORDER SONS OF ITALY IN AMERICA IS TO PROMOTE AND PRESERVE THE HISTORY, THE TRADITIONS, THE CULTURE AND THE LANGUAGE OF ITALY FOR THE BENEFIT OF ALL HUMANITY.THE WATSONVILLE LODGE OF OSIA PROMOTES THE ITALIAN CULTURE AND LANGUAGE, PRESERVES ITALIAN AMERICAN TRADITIONS, HISTORY AND HERITAGE, AS WELL AS PARTICIPANTS IN PHILANTHROPIC AND SOCIAL UNDERTAKINGS. ANNUALLY THE LODGE DONATES TO: COLLEGE SCHOLARSHIPS FOR LOCAL HIGH SCHOOL SENIORS OF ITALIAN DESCENT; THE COOLEY'S ANEMIA AND ALZHEIMER'S FOUNDATIONS; SCHOLARSHIPS FOR STUDENTS TO STUDY ABROAD IN ITALY(THROUGH THE SONS OF ITALY WESTERN FOUNDATION).THE LODGE ALSO SUPPORTS CHARITABLE CAUSES AS THE NEED ARISES, INCLUDING THE SANTA COUNTY VOLUNTEER CENTER HUMAN RACE, THE PAJARO VAL

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,830
Investment Income $159,451
Other Revenue $20,852
TOTAL REVENUE $186,133

Expense Breakdown

Grants Paid $25,042
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $40,854
TOTAL EXPENSES $65,896

Year-over-Year Comparison

2024 2023 Change
Revenue $186,133 $57,648 +2.2%
Expenses $65,896 $72,942 -0.1%
Net Income $120,237 $-15,294 -8.9%
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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Governance

Voting Members
66
Independent Members
N/A
Employees
N/A
Volunteers
24

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
13
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANCES DELFINO Trustee 0.75
Director
$0 $0 $0
MELISSA RIMASSA Trustee 0.00
Director
$0 $0 $0
CHERYL DAUGHENBAUGH Head Trustee 0.50
Director
$0 $0 $0
LESTER PEDRAZZINI Trustee 0.50
Director
$0 $0 $0
KENDRA CLEARY ORATOR 1.00
Officer
$0 $0 $0
DAVID DELFINO FINANCIAL SECRE 1.00
Officer
$0 $0 $0
CASEY CLARK RECORDING SECRE 1.00
Officer
$0 $0 $0
LINDA ERBE CHAPLAIN 0.75
Officer
$0 $0 $0
JANEY LEONARDICH President 2.00
Officer
$0 $0 $0
ALICE BANKHEAD Treasurer 1.00
Officer
$0 $0 $0
DAVID DELFINO FIN SECRETARY 0.50
Officer
$0 $0 $0
SILVIA PREVEDELLI Vice President 0.75
Officer
$0 $0 $0
KENDRA CLEARY MISTRESS OF CER 0.50
Officer
$0 $0 $0
MELISSA RIMASSA HISTORIAN 0.50
Officer
$0 $0 $0
MARTHA MUZZI MISTRESS OF CER 0.50
Officer
$0 $0 $0
SUSAN JACOBS Trustee 0.00
Officer
$0 $0 $0
EVAN MEHL SENTINEL 0.50
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 $186,133 $65,896 $663,196 $120,237
2023 $57,648 $72,942 $559,931 $-15,294
2022 $43,743 $59,542 $575,225 $-15,799
2021 $62,618 $51,105 $597,146 $11,513
2020 $64,558 $31,745 $588,232 $32,813
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