AMERICAN-ITALIAN SOCIETIES

EIN: 386142921

ISHPEMING, MI

Total Revenue
$7,510
Total Expenses
$15,529
Total Assets
$1,108,691
Net Assets
$1,108,691
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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
1967
Legal Domicile
MI
Principal Officer
JAMES BERTUCCI
Phone
9064851627
Tax Period
2025-01-01 to 2025-12-31

AMERICAN-ITALIAN SOCIETIES, founded in 1967, is a micro nonprofit that reported $8K in total revenue in fiscal year 2025. Revenue surged 1234% from the prior year, signaling strong growth momentum. Expenses of $16K exceeded revenue, resulting in a 107% operating deficit.

Mission

TO PROMOTE AND PRESERVE ITALIAN AMERICAN CULTURE IN MARQUETTE COUNTY

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $40
Program Service Revenue $7,925
Investment Income $32,590
Other Revenue $-33,045
TOTAL REVENUE $7,510

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $12,832
Other Expenses $15,529
TOTAL EXPENSES $15,529

Year-over-Year Comparison

2025 2024 Change
Revenue $7,510 $563 +12.3%
Expenses $15,529 $12,006 +0.3%
Net Income $-8,019 $-11,443 -0.3%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOMINIC BERTUCCI VICE PRESIDE 1.00
Officer Director
$0 $0 $0
JAMES BERTUCCI PRESIDENT 1.00
Officer Director
$0 $0 $0
JAMES V NARDI SECRETARY/TR 1.00
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
2025 $7,510 $15,529 $1,108,691 $-8,019
2024 $563 $12,006 $965,513 $-11,443
2022 $8,393 $6,728 $747,330 $1,665
2021 $11,230 $6,934 $818,256 $4,296
2020 $12,719 $1,349 $618,657 $11,370
2019 $17,310 $12,380 $867,001 $4,930
2018 $17,052 $6,760 $776,256 $10,292
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