ITALY AMERICA CHAMBER OF COMMERCE … - 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

1987

Legal Domicile

Principal Officer

GENNY NEVOSO

Phone

3105573017

Tax Period

2024-01-01 to 2024-12-31

ITALY AMERICA CHAMBER OF COMMERCE WEST, founded in 1987, is a small nonprofit that reported $392K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

PROMOTE TRADE AND COMMERCIAL EXCHANGES OF GOODS AND SERVICES BETWEEN ITALY AND THE UNITED STATES OF AMERICA.

Program Service Accomplishments

Program 1

TO PROMOTE TRADE, GOODS AND SERVICE EXCHANGES BETWEEN ITALY AND THE UNITED STATES OF AMERICA AND TO FACILITATE RELATIONS AMONG BUSINESSES AND BUSINESS PERSONS FROM ITALY AND THE UNITED STATES OF...

TO PROMOTE TRADE, GOODS AND SERVICE EXCHANGES BETWEEN ITALY AND THE UNITED STATES OF AMERICA AND TO FACILITATE RELATIONS AMONG BUSINESSES AND BUSINESS PERSONS FROM ITALY AND THE UNITED STATES OF AMERICA.

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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 $66,475

Program Service Revenue $325,670

Investment Income $14

Other Revenue $0

TOTAL REVENUE $392,159

Expense Breakdown

Grants Paid $0

Salaries & Benefits $158,355

Fundraising Expenses $0

Other Expenses $233,120

TOTAL EXPENSES $391,475

Year-over-Year Comparison

	2024	2023	Change
Revenue	$392,159	$304,628	+0.3%
Expenses	$391,475	$376,451	+0.0%
Net Income	$684	$-71,823	-1.0%

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

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
COSIMO PIZZULLI	Director	1.00	Director	$0	$0	$0
BARBARA POLLASTRINI	Vice President	1.00	Director	$0	$0	$0
GIOVANNI GARDELLI	Director	1.00	Director	$0	$0	$0
GIACOMO BERETTA	Director	1.00	Director	$0	$0	$0
LISA STRANGIS	Director	1.00	Director	$0	$0	$0
GUIDO CATTABIANCHI	Director	1.00	Director	$0	$0	$0
PAOLO MASONI	Director	1.00	Director	$0	$0	$0
MARIA D'AURIA	Treasurer	1.00	Director	$0	$0	$0
FILIPPO PUGLISI-ALIBRANDI	Director	1.00	Director	$0	$0	$0
CYNTHIA CATALINO	President	2.00	Officer	$0	$0	$0
GINO GAUDIO	Secretary	2.00	Officer	$0	$0	$0
MARCO GIOVINE	Director	1.00	Officer	$0	$0	$0
GENNY NEVOSO	Executive Dir.	40.00	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	No data	No data	No data	No data
2024	$392,159	$391,475	$81,803	$684
2023	$304,628	$376,451	$87,814	$-71,823
2022	$375,614	$401,397	$144,088	$-25,783
2021	$352,193	$353,589	$179,957	$-1,396
2020	$291,658	$260,491	$182,520	$31,167
2019	$354,570	$340,724	$152,409	$13,846
2018	$389,274	$365,824	$137,275	$23,450

ITALY AMERICA CHAMBER OF COMMERCE WEST