CENTRAL COUNCIL OF THE ITALIAN CATHOLIC FEDERATION OF CALIFORNIA

EIN: 940375826

OAKLAND, CA

Total Revenue
$542,022
Total Expenses
$480,367
Total Assets
$1,538,685
Net Assets
$1,538,685
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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
1924
Legal Domicile
CA
Principal Officer
DENISE ANTONOWICZ
Phone
5106339058
Tax Period
2023-01-01 to 2023-12-31

CENTRAL COUNCIL OF THE ITALIAN CATHOLIC FEDERATION OF CALIFORNIA, founded in 1924, is a small nonprofit that reported $542K in total revenue in fiscal year 2023. Revenue surged 225% from the prior year, signaling strong growth momentum. Expenses of $480K left a modest 11% surplus.

Mission

TO UPHOLD AND DEVELOP THE RELIGIOUS SPIRIT AMONG ITS MEMBERS AND TO SPREAD THAT SPIRIT THROUGHOUT THE COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $154,632
Program Service Revenue $274,186
Investment Income $153,329
Other Revenue $-40,125
TOTAL REVENUE $542,022

Expense Breakdown

Grants Paid $158,300
Salaries & Benefits $125,094
Fundraising Expenses $0
Other Expenses $196,973
TOTAL EXPENSES $480,367

Year-over-Year Comparison

2023 2022 Change
Revenue $542,022 $166,531 +2.3%
Expenses $480,367 $460,141 +0.0%
Net Income $61,655 $-293,610 -1.2%
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
12
Independent Members
12
Employees
2
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
11
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEONARD ROSSI PARLIMENTARIAN 5.00
Officer Director
$0 $0 $0
DEBORAH RODONDI GRAND SECRETARY 5.00
Officer Director
$0 $0 $0
ROSEMARY COOK GRAND TRUSTEE 5.00
Officer Director
$0 $0 $0
DANTE GALEAZZI PAST PRES 5.00
Officer Director
$0 $0 $0
ROBERT BASUINO GRAND SENTINAL 5.00
Officer Director
$0 $0 $0
PERRY SHURKO GRAND TRUSTEE 5.00
Officer Director
$0 $0 $0
LAUREN KILCULLEN 2ND VICE PRES 5.00
Officer Director
$0 $0 $0
DENISE ANTONOWICZ GRAND PRESIDENT 5.00
Officer Director
$0 $0 $0
FRANKLYN LOPES JR 1ST VICE PRES 5.00
Officer Director
$0 $0 $0
LISA CRUDO GRAND TRES 5.00
Officer Director
$0 $0 $0
REV CHRISTOPHER BENNETT SPIRITUAL DIR 5.00
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 No data No data No data No data
2023 $542,022 $480,367 $1,538,685 $61,655
2022 $166,531 $460,141 $1,477,030 $-293,610
2021 $475,756 $521,363 $1,768,341 $-45,607
2020 $480,723 $570,152 $1,813,948 $-89,429
2019 $723,315 $606,111 $1,876,214 $117,204
2018 $492,592 $636,692 $1,764,201 $-144,100
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