ITALIAN AMERICAN CLUB OF SEBASTIAN (EIN 592339764) - 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

1982

Legal Domicile

Principal Officer

JAMES GAY

Phone

7725893341

Tax Period

2024-01-01 to 2024-12-31

ITALIAN AMERICAN CLUB OF SEBASTIAN, founded in 1982, is a small nonprofit that reported $436K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

ITALIAN CULTURE SOCIAL CLUB

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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 $41,434

Program Service Revenue $84,208

Investment Income $5

Other Revenue $310,766

TOTAL REVENUE $436,413

Expense Breakdown

Grants Paid $0

Salaries & Benefits $94,135

Fundraising Expenses $0

Program Expenses $437,880

Other Expenses $343,745

TOTAL EXPENSES $437,880

Year-over-Year Comparison

	2024	2023	Change
Revenue	$436,413	$384,328	+0.1%
Expenses	$437,880	$373,028	+0.2%
Net Income	$-1,467	$11,300	-1.1%

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

1000

Independent Members

1000

Employees

Volunteers

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
JAMES GAY	PRESIDENT	10.00	Officer	$0	$0	$0
LAWRENCE VAN NOTE	VICE PRESIDE	N/A	Officer	$0	$0	$0
PENNY MABRY	TREASURER	20.00	Officer	$0	$0	$0
BOB WYLUPECK	RECORDING SE	5.00	Officer	$0	$0	$0
COLLEEN CAMEY	CORRESPONDIN	5.00	Officer	$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	$436,413	$437,880	$539,909	$-1,467
2023	$384,328	$373,028	$541,497	$11,300
2022	$364,576	$372,121	$555,229	$-7,545
2021	$327,323	$316,640	$594,029	$10,683
2020	$137,714	$236,949	$581,082	$-99,235
2019	$258,728	$246,420	$650,535	$12,308
2018	$283,894	$242,374	$645,851	$41,520

ITALIAN AMERICAN CLUB OF SEBASTIAN