Italian American Club (EIN 250570940) - 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

1918

Legal Domicile

Phone

8143627099

Tax Period

2024-01-01 to 2024-12-31

Italian American Club, founded in 1918, is a small nonprofit that reported $194K in total revenue in fiscal year 2024. Expenses of $183K left a modest 6% surplus.

Mission

TO PROVIDE A MEETING PLACE WHERE ITS MEMBERS MAY CONGREGATE FOR SOCIAL INTERCOURSE AND THE ENJOYMENT OF INNOCENT GAMES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $7,157

Investment Income $4,973

Other Revenue $181,674

TOTAL REVENUE $193,804

Expense Breakdown

Grants Paid $28,095

Salaries & Benefits $80,797

Fundraising Expenses $0

Program Expenses $112,313

Other Expenses $73,920

TOTAL EXPENSES $182,812

Year-over-Year Comparison

	2024	2023	Change
Revenue	$193,804	$181,303	+0.1%
Expenses	$182,812	$175,558	+0.0%
Net Income	$10,992	$5,745	+0.9%

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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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

$27,560

Total Directors

$27,560

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Matthew Monago	President	28.00	Officer Director	$14,840	$0	$14,840
Joseph Leo	Treasurer	24.00	Officer Director	$12,720	$0	$12,720
James DeCasper	Vice President	8.00	Officer Director	$0	$0	$0
Steve Schiappa	Asst. Treasurer	8.00	Officer Director	$0	$0	$0
Steve Campogiani	Secretary	8.00	Officer Director	$0	$0	$0
David Monago	Trustee	8.00	Director	$0	$0	$0
James Decasper	Trustee	8.00	Director	$0	$0	$0
Shawn Gailbrath	Trustee	8.00	Director	$0	$0	$0
Louis Luzzi	Assist Secretar	8.00	Officer 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	$193,804	$182,812	$238,752	$10,992
2023	$181,303	$175,558	$227,911	$5,745
2022	$165,054	$157,911	$220,634	$7,143
2021	$134,500	$117,140	$213,483	$17,360
2020	$122,820	$130,092	$196,998	$-7,272
2019	$174,976	$182,112	$139,893	$-7,136
2018	$175,229	$191,007	$147,060	$-15,778

Italian American Club