CASA ITALIANA SOCIOCULTURAL CENTER INC (EIN 821104516) - 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

2017

Legal Domicile

Principal Officer

FRANCESCO ISGRO

Phone

2026439514

Tax Period

2023-01-01 to 2023-12-31

CASA ITALIANA SOCIOCULTURAL CENTER INC, founded in 2017, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $96K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $20K, a strong 21% operating margin.

Mission

THE MISSION OF THE CASA ITALIANA SOCIOCULTURAL CENTER IS TO PROMOTE, PRESERVE AND CARE FOR PROGRAMS AND CULTURAL ACTIVITIES OF THE ITALIAN-AMERICAN COMMUNITY AND PRESENT THE BEST OF ITALIAN CULTURE TO THE LARGER SOCIETY THROUGH EDUCATIONAL, HISTORICAL AND CULTURAL ITALIAN PROGRAMS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $38,203

Program Service Revenue $37,665

Investment Income $20,049

Other Revenue $0

TOTAL REVENUE $95,917

Expense Breakdown

Grants Paid $5,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $63,255

Other Expenses $70,592

TOTAL EXPENSES $76,092

Year-over-Year Comparison

	2023	2022	Change
Revenue	$95,917	$65,215	+0.5%
Expenses	$76,092	$83,867	-0.1%
Net Income	$19,825	$-18,652	-2.1%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANCESCO ISGRO ESQ	CEO & PRESIDENT	40.00	Officer Director	$0	$0	$0
JAMES COCCO CPA	TREASURER	10.00	Officer Director	$0	$0	$0
CIRO DEFALCO	CORPORATE CHAIRMAN/DIRECTOR	5.00	Director	$0	$0	$0
MARY ANN RE PHD	DIRECTOR	2.00	Director	$0	$0	$0
DENNIS SANTOLI ESQ	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS SWEENEY	DIRECTOR	1.00	Director	$0	$0	$0
DONA DE SANCTIS BRACONA	DIRECTOR	1.00	Director	$0	$0	$0
JAMES YANKAY	DIRECTOR	1.00	Director	$0	$0	$0
GIANLUCA NIGRO	DIRECTOR	1.00	Director	$0	$0	$0
EILEEN PARISE	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$95,917	$76,092	$807,547	$19,825
2022	$65,215	$83,867	$744,003	$-18,652
2021	$160,895	$68,816	$780,380	$92,079
2020	$72,840	$195,196	$666,183	$-122,356
2019	$110,238	$34,385	$785,523	$75,853
2018	$513,573	$23,324	$709,366	$490,249

CASA ITALIANA SOCIOCULTURAL CENTER INC