Society Italian American Busin (EIN 462965362) - 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

2014

Legal Domicile

Principal Officer

Joe Papa

Phone

4439876151

Tax Period

2024-01-01 to 2024-12-31

Society Italian American Busin, founded in 2014, is a small nonprofit in the Education sector that reported $388K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $115K, a strong 30% operating margin.

Mission

The organization is a fellowship of Italian-American businessmen consisting of people that live, work, and/or worship in Harford County, Maryland

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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 $436,410

Program Service Revenue $0

Investment Income $13,245

Other Revenue $-61,697

TOTAL REVENUE $387,958

Expense Breakdown

Grants Paid $167,251

Salaries & Benefits $0

Fundraising Expenses $55,784

Program Expenses $272,677

Other Expenses $105,426

TOTAL EXPENSES $272,677

Year-over-Year Comparison

	2024	2023	Change
Revenue	$387,958	$460,131	-0.2%
Expenses	$272,677	$292,689	-0.1%
Net Income	$115,281	$167,442	-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

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	Role	Reportable Comp	Other Comp	Total
Joe Papa	President	Officer Director	$0	$0	$0
AnthonyDiPaula	Vice President	Officer Director	$0	$0	$0
Joe Caloggero	1st Vice Pres	Officer Director	$0	$0	$0
Mike DeLuca	2nd Vice Pres	Officer Director	$0	$0	$0
John Rosaschi	Treasurer	Officer Director	$0	$0	$0
Nick Berte	Assist Treasur	Officer Director	$0	$0	$0
Jason Adams	Secretary	Officer Director	$0	$0	$0
John Troiano	Asst Secretary	Officer Director	$0	$0	$0
John Gonzalez	Sergeant Arms	Director	$0	$0	$0
Tony Palumbo	Past President	Director	$0	$0	$0
I Liberatore	Past President	Director	$0	$0	$0
Mark Dardozzi	Past President	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	$387,958	$272,677	$749,696	$115,281
2023	$460,131	$292,689	$620,581	$167,442
2022	$277,034	$144,987	$437,539	$132,047
2021	$173,059	$98,171	$327,583	$74,888
2019	$193,030	$128,744	$220,840	$64,286
2018	$146,101	$130,095	$156,554	$16,006

Society Italian American Busin