ITALIAN AMERICAN BASEBALL FOUNDATI… - Form 990 Financial Data

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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

CARMINE GANGONE

Phone

9175626838

Tax Period

2025-01-01 to 2025-12-31

ITALIAN AMERICAN BASEBALL FOUNDATION, founded in 2017, is a small nonprofit in the Recreation & Sports sector that reported $136K in total revenue in fiscal year 2025. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $205K exceeded revenue, resulting in a 51% operating deficit.

Mission

TO EDUCATE YOUTH ON THE GAME OF BASEBALL IN ITALY AND AMERICA.

Program Service Accomplishments

Program 1

Expenses: $198,054

ORGANIZATION PRODUCED BASEBALL CLINICS FOR THE ITALIAN AND AMERICAN YOUTH IN ITALY AND AMERICA. CLINICS BENEFITED HUNDREDS OF CHILDREN IN TOTAL.

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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 (2025)

Revenue Breakdown

Contributions & Grants $103,708

Program Service Revenue $0

Investment Income $0

Other Revenue $32,466

TOTAL REVENUE $136,174

Expense Breakdown

Grants Paid $60,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $198,054

Other Expenses $145,044

TOTAL EXPENSES $205,044

Year-over-Year Comparison

	2025	2024	Change
Revenue	$136,174	$232,308	-0.4%
Expenses	$205,044	$148,225	+0.4%
Net Income	$-68,870	$84,083	-1.8%

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
JOE QUAGLIANO	PRESIDENT	1.00	Officer Director	$0	$0	$0
CARMINE GANGONE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
NATALIE SPEDELARIE	SECRETARY	1.00	Officer Director	$0	$0	$0
JOSEPH DIMARTINO	TREASURER	1.00	Officer Director	$0	$0	$0
CHRIS VACCARO	DIRECTOR	1.00	Director	$0	$0	$0
DOM SCALA	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
2025	$136,174	$205,044	$66,055	$-68,870
2024	$232,308	$148,225	$134,925	$84,083
2023	$360,496	$364,652	No data	$-4,156
2022	$210,811	$210,427	No data	$384

ITALIAN AMERICAN BASEBALL FOUNDATION