ITALIAN AMERICAN CLUB OF LIVONIA CHARITABLE FOUNDATION (EIN 383593293) - 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

2001

Legal Domicile

Principal Officer

ANGELO DORAZIO

Phone

7349531106

Tax Period

2024-01-01 to 2024-12-31

ITALIAN AMERICAN CLUB OF LIVONIA CHARITABLE FOUNDATION, founded in 2001, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $79K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $33K, a strong 42% operating margin.

Mission

BENEFITING THE EDUCATION OF THE ITALIAN AMERICAN COMMUNITY

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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 $225

Program Service Revenue $10,690

Investment Income $3,078

Other Revenue $64,628

TOTAL REVENUE $78,621

Expense Breakdown

Grants Paid $28,700

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $43,200

Other Expenses $17,289

TOTAL EXPENSES $45,989

Year-over-Year Comparison

	2024	2023	Change
Revenue	$78,621	$58,040	+0.4%
Expenses	$45,989	$41,561	+0.1%
Net Income	$32,632	$16,479	+1.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NINO RUGGIRELLO	PRESIDENT 2024	1.00	Officer Director	$0	$0	$0
MARY FLEURY	VICE PRESIDENT 2024	1.00	Officer Director	$0	$0	$0
ANGELO DORAZIO	TREASURER 2024-2025	1.00	Officer Director	$0	$0	$0
ANDREW KELLEHER	SECRETARY 2024-2025	1.00	Officer Director	$0	$0	$0
FRANCO IADEROSA	DIRECTOR 2024-2025	1.00	Director	$0	$0	$0
FRANK LUSCRI	DIRECTOR 2024	1.00	Director	$0	$0	$0
GERRYANNA LUSCRI	DIRECTOR 2024-2025	1.00	Director	$0	$0	$0
JERRY RUGGIRELLO	DIRECTOR 2024	1.00	Director	$0	$0	$0
ANTONIO RUGIERO	DIRECTOR 2024	1.00	Director	$0	$0	$0
ANTONELLO STANTE	DIRECTOR 2024	1.00	Director	$0	$0	$0
RAFFAELLA MEDORO NAURATO	DIRECTOR 2024 -2025	1.00	Director	$0	$0	$0
ADRIANNA RUGIERO	DIRECTOR 2024 -2025	1.00	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	$78,621	$45,989	$171,559	$32,632
2023	$58,040	$41,561	$135,627	$16,479
2022	$48,289	$41,127	$126,113	$7,162
2021	$1,316	$33,101	$113,551	$-31,785
2020	$43,503	$48,806	$145,674	$-5,303
2019	$47,377	$55,082	$183,426	$-7,705
2018	$59,087	$61,633	$168,134	$-2,546

ITALIAN AMERICAN CLUB OF LIVONIA CHARITABLE FOUNDATION