Casa Italia Inc (EIN 364207776) - 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

1998

Legal Domicile

Principal Officer

Peter Volpe

Phone

7083453842

Tax Period

2024-01-01 to 2024-12-31

Casa Italia Inc, founded in 1998, is a small nonprofit in the Arts, Culture & Humanities sector that reported $353K in total revenue in fiscal year 2024. Expenses of $319K left a modest 10% surplus.

Mission

To promote and foster the Italian American Culture

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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 $60,001

Program Service Revenue $376,570

Investment Income $0

Other Revenue $-83,296

TOTAL REVENUE $353,275

Expense Breakdown

Grants Paid $0

Salaries & Benefits $93,887

Fundraising Expenses $0

Other Expenses $225,010

TOTAL EXPENSES $318,897

Year-over-Year Comparison

	2024	2023	Change
Revenue	$353,275	$350,259	+0.0%
Expenses	$318,897	$366,728	-0.1%
Net Income	$34,378	$-16,469	-3.1%

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
Chris DeSanto	Director	5.00	Director	$0	$0	$0
Umberto Tony Turano	Director	5.00	Director	$0	$0	$0
Richard J Augustine	Director	5.00	Director	$0	$0	$0
Fr Giovanini Bizzotto	Director	5.00	Director	$0	$0	$0
Stuart Caravello	Director	5.00	Director	$0	$0	$0
Dr Thomas Cozzi	Director	5.00	Director	$0	$0	$0
Frank DiPiero	Director	5.00	Director	$0	$0	$0
Angelo Castanza Jr	Director	5.00	Director	$0	$0	$0
Dominic Gambino	Director	5.00	Director	$0	$0	$0
Jim Distasio	Director	5.00	Director	$0	$0	$0
Ronald Lemar	Director	5.00	Director	$0	$0	$0
Nick Vangel	Director	5.00	Director	$0	$0	$0
Joe Russo	Director	5.00	Director	$0	$0	$0
Sal Intile	Director	5.00	Director	$0	$0	$0
Sam Palumbo	Director	5.00	Director	$0	$0	$0
Dominic Stramaglia	Director	5.00	Director	$0	$0	$0
Ronald Serpico	Director	5.00	Director	$0	$0	$0
Giancarlo Turano	Director	5.00	Director	$0	$0	$0
Peter Volpe	Director	5.00	Director	$0	$0	$0
Josette Weber	Director	5.00	Director	$0	$0	$0
Paul Basile	Secretary	5.00	Officer	$0	$0	$0
Cathy Lange	Treasurer	5.00	Officer	$0	$0	$0
Jo Ann Serpico	Vice Chairman	5.00	Officer	$0	$0	$0
Ron Onesti	Chairman	5.00	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	$353,275	$318,897	$781,317	$34,378
2023	$350,259	$366,728	$729,758	$-16,469
2022	$342,980	$343,963	$726,616	$-983
2021	$382,994	$345,494	$747,498	$37,500
2018	$372,506	$414,717	$662,376	$-42,211

Casa Italia Inc