Sons of Italy In America

EIN: 651289178

Levittown, NY

Total Revenue
$9,224
Total Expenses
$19,994
Total Assets
$532,374
Net Assets
$532,374
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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
1972
Legal Domicile
NY
Principal Officer
John Simonetti
Phone
5167968376
Tax Period
2024-10-01 to 2025-09-30

Sons of Italy In America, founded in 1972, is a micro nonprofit that reported $9K in total revenue in fiscal year 2024. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $20K exceeded revenue, resulting in a 117% operating deficit.

Mission

To operate a lodge of the Order of the Sons of Italy in America and to raise funds for scholarships and charities

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,313
Program Service Revenue $0
Investment Income $5,911
Other Revenue $0
TOTAL REVENUE $9,224

Expense Breakdown

Grants Paid $2,800
Salaries & Benefits $500
Fundraising Expenses $0
Program Expenses $17,611
Other Expenses $16,694
TOTAL EXPENSES $19,994

Year-over-Year Comparison

2024 2023 Change
Revenue $9,224 $18,877 -0.5%
Expenses $19,994 $27,821 -0.3%
Net Income $-10,770 $-8,944 +0.2%
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
8
Independent Members
8
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
7
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Simonetti Past President 005.00
Officer Director
$0 $0 $0
Raffelina Cipriano 1st VP 002.00
Officer
$0 $0 $0
Lisa Pezzella Recording Secretary 002.00
Officer
$0 $0 $0
Linda Simonetti Treasurer 002.00
Officer
$0 $0 $0
Steven Buchberger Orator 002.00
Officer
$0 $0 $0
Larry Sangirardi Financial Secretary 005.00
Officer
$0 $0 $0
Ann Acquaviva President 002.00
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
2025 $9,224 $19,994 $532,374 $-10,770
2024 $18,877 $27,821 $543,904 $-8,944
2023 $39,942 $19,443 $552,848 $20,499
2022 $16,490 $18,301 $532,349 $-1,811
2021 $52,408 $16,396 $534,160 $36,012
2020 $23,327 $17,705 $498,148 $5,622
2019 $27,091 $24,983 $492,526 $2,108
2018 $40,394 $31,640 $490,418 $8,754
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