UPPER OHIO VALLEY ITALIAN HERITAGE FESTIVAL INC

EIN: 550660777 501(c)(3) Arts, Culture & Humanities

WHEELING, WV

Total Revenue
$51,476
Total Expenses
$63,056
Total Assets
$318,149
Net Assets
$317,148
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
WV
Principal Officer
MICHELE FABBRO
Phone
3042331090
Tax Period
2023-10-01 to 2024-09-30

UPPER OHIO VALLEY ITALIAN HERITAGE FESTIVAL INC, founded in 1983, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $51K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $63K exceeded revenue, resulting in a 22% operating deficit.

Mission

THE ORGANIZATION HOLDS AN ANNUAL FESTIVAL TO SUPPORT CHARITABLE ACTIVITIES INCLUDING EDUCATION AND SCHOLARSHIPS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $50,435
Program Service Revenue $0
Investment Income $5,092
Other Revenue $-4,051
TOTAL REVENUE $51,476

Expense Breakdown

Grants Paid $12,000
Salaries & Benefits $18,220
Fundraising Expenses $0
Program Expenses $12,450
Other Expenses $32,836
TOTAL EXPENSES $63,056

Year-over-Year Comparison

2023 2022 Change
Revenue $51,476 $61,906 -0.2%
Expenses $63,056 $59,408 +0.1%
Net Income $-11,580 $2,498 -5.6%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
31
Independent Members
31
Employees
2
Volunteers
100

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
5
$0
Total Directors
31
$15,050
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY ANN MAGISTRO YOUNG COORDINATOR 23.00
Director
$15,050 $0 $15,050
MATTHW ALI DIRECTOR 1.00
Director
$0 $0 $0
JOHN BALZANO TREASURER 1.00
Officer Director
$0 $0 $0
ALI BONOMO DIRECTOR 1.00
Director
$0 $0 $0
NICK BRESSLER DIRECTOR 1.00
Director
$0 $0 $0
ANGIE CLUTTER DIRECTOR 1.00
Director
$0 $0 $0
CRISSY CLUTTER DIRECTOR 1.00
Director
$0 $0 $0
LOU CONTUMELIO DIRECTOR 1.00
Director
$0 $0 $0
MARIO DIBIAS DIRECTOR 1.00
Director
$0 $0 $0
FRANKIE DICARLANTONIO DIRECTOR 1.00
Director
$0 $0 $0
JOHN PETER DICARLO DIRECTOR 1.00
Director
$0 $0 $0
TONI DICARLO DIRECTOR 1.00
Director
$0 $0 $0
ALICIA DICESARE SECRETARY 1.00
Officer Director
$0 $0 $0
ADRIA MARIE DILORENZO DIRECTOR 1.00
Director
$0 $0 $0
ANNIE DIMMICK DIRECTOR 1.00
Director
$0 $0 $0
MICHELE FABBRO PRESIDENT 1.00
Officer Director
$0 $0 $0
ANTHONY FILBERTO CHAIRMAN 1.00
Director
$0 $0 $0
ERIC FILBERTO DIRECTOR 1.00
Director
$0 $0 $0
THOMAS GAUDIO DIRECTOR 1.00
Director
$0 $0 $0
MARTIN IMBROSCIA DIRECTOR 1.00
Director
$0 $0 $0
PAUL JULIO DIRECTOR 1.00
Director
$0 $0 $0
ANNE J KLUG DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW F KLUG DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY LASCOLA DIRECTOR 1.00
Director
$0 $0 $0
LISA MULLIN DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL PROVENZANO DIRECTOR 1.00
Director
$0 $0 $0
CHAD ROSEPAPA DIRECTOR 1.00
Director
$0 $0 $0
ERIK A SCHRAMM DIRECTOR 1.00
Director
$0 $0 $0
ROBERT TRIVERI DIRECTOR 1.00
Director
$0 $0 $0
MARILYN WEHRHEIM VICE PRES. 1.00
Officer Director
$0 $0 $0
JANICE WHIPKEY SECRETARY 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
2024 $51,476 $63,056 $318,149 $-11,580
2023 $61,906 $59,408 $275,049 $2,498
2022 $42,336 $61,448 $263,249 $-19,112
2021 $110,789 $53,029 $323,652 $57,760
2020 $6,533 $51,517 $291,045 $-44,984
2019 $87,198 $49,593 $321,107 $37,605
Explore More Nonprofits
→Top 100 Nonprofits in West Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare UPPER OHIO VALLEY ITALIAN HERITAGE FESTIVAL INC with other nonprofits in West Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.