FRIENDS OF BOCCONI UNIVERSITY INC (EIN 364769050) - 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

2013

Legal Domicile

Principal Officer

LEILA HORN

Phone

9172573256

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF BOCCONI UNIVERSITY INC, founded in 2013, is a small nonprofit in the Education sector that reported $279K in total revenue in fiscal year 2023. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 360% operating deficit.

Mission

TO SUPPORT AND PROMOTE EDUCATIONAL INSTITUTIONS IN ITALY, INCLUDING UNIVERSITA COMMERCIALE LUIGI BOCCONI.

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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 $277,927

Program Service Revenue $0

Investment Income $949

Other Revenue $0

TOTAL REVENUE $278,876

Expense Breakdown

Grants Paid $1,130,193

Salaries & Benefits $85,637

Fundraising Expenses $67,425

Program Expenses $1,180,466

Other Expenses $67,203

TOTAL EXPENSES $1,283,033

Year-over-Year Comparison

	2023	2022	Change
Revenue	$278,876	$1,312,697	-0.8%
Expenses	$1,283,033	$756,402	+0.7%
Net Income	$-1,004,157	$556,295	-2.8%

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

$80,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALESSANDRO PIOL	BOARD MEMBER	1.00	Director	$0	$0	$0
SILVIA CANDIANI	BOARD MEMBER	1.00	Director	$0	$0	$0
RICCARDO TARANTO	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERTA PARODI	BOARD MEMBER	1.00	Director	$0	$0	$0
PAOLO BIANCO	BOARD MEMBER	1.00	Director	$0	$0	$0
PAOLO BATTAGLIA	BOARD MEMBER	1.00	Director	$0	$0	$0
NICOLA BAIOCCHI SILVESTRI	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTEO DEL VECCHIO	BOARD MEMBER	1.00	Director	$0	$0	$0
STEFANIE KYLES	BOARD MEMBER	1.00	Director	$0	$0	$0
MARINO MARIN	BOARD MEMBER	1.00	Director	$0	$0	$0
LAURA ANZANI	BOARD MEMBER	1.00	Director	$0	$0	$0
GIANMARIO VERONA	BOARD MEMBER	1.00	Director	$0	$0	$0
FRANCESCO BILLARI	BOARD MEMBER	1.00	Director	$0	$0	$0
EMANULA SCURA	BOARD MEMBER	1.00	Director	$0	$0	$0
GIOVANNI COLAVITA	BOARD MEMBER	1.00	Director	$0	$0	$0
GAETANO SCIUTO	BOARD MEMBER	1.00	Director	$0	$0	$0
MONICA MANDELLI	BOARD MEMBER	2.00	Director	$0	$0	$0
MARIAFRANCESCA CARLI	PRESIDENT	5.00	Officer Director	$0	$0	$0
ERNESTO PAGANO	TREASURER	10.00	Officer Director	$0	$0	$0
LEILA HORN	EXECUTIVE DIRECTOR	25.00	Officer	$80,000	$0	$80,000

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	$278,876	$1,283,033	$124,166	$-1,004,157
2022	$1,312,697	$756,402	$1,128,323	$556,295
2021	$671,429	$161,924	$572,028	$509,505
2020	$702,449	$956,650	$62,522	$-254,201
2019	$667,779	$933,537	$316,723	$-265,758
2018	$499,911	$232,022	$582,481	$267,889

FRIENDS OF BOCCONI UNIVERSITY INC