ITALIAN AMERICAN CLUB OF OLYPHANT (EIN 300629256) - 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

1948

Legal Domicile

Principal Officer

ALBERT LUCHETTI

Phone

5704898734

Tax Period

2023-01-01 to 2023-12-31

ITALIAN AMERICAN CLUB OF OLYPHANT, founded in 1948, is a micro nonprofit that reported $73K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $64K left a modest 12% surplus.

Mission

SOCIAL ORGANIZATION

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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 $9,310

Program Service Revenue $0

Investment Income $0

Other Revenue $63,365

TOTAL REVENUE $72,675

Expense Breakdown

Grants Paid $1,525

Salaries & Benefits $16,453

Fundraising Expenses $0

Other Expenses $46,052

TOTAL EXPENSES $64,030

Year-over-Year Comparison

	2023	2022	Change
Revenue	$72,675	$82,688	-0.1%
Expenses	$64,030	$60,396	+0.1%
Net Income	$8,645	$22,292	-0.6%

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

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
JULIO COLLARINI	PRESIDENT	6.00	Officer	$0	$0	$0
GREGORY SLACHTISH	VICE PRESIDENT	3.00	Officer	$0	$0	$0
JOSEPH DEANGELIS	SECRETARY	7.00	Officer	$0	$0	$0
ALBERT LUCHETTI	STEWARD/TREASURER	8.00	Officer	$0	$0	$0
DAVID BRYLA	DIRECTOR	3.00		$0	$0	$0
RONALD COLLARINI	DIRECTOR	3.00		$0	$0	$0
JERRY CURCERELLO	DIRECTOR	3.00		$0	$0	$0
FRANK DEANGELIS	DIRECTOR	3.00		$0	$0	$0
MARC CORTAZAR	DIRECOTOR	3.00		$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	$72,675	$64,030	$253,639	$8,645
2022	$82,688	$60,396	$238,440	$22,292
2021	$69,368	$45,201	$226,273	$24,167
2020	$65,716	$41,271	$201,430	$24,445
2019	$79,855	$45,990	$189,044	$33,865
2018	$105,874	$87,672	$105,805	$18,202

ITALIAN AMERICAN CLUB OF OLYPHANT