FONDAZIONE ITALIA

EIN: 954674491 501(c)(3) Education

LOS ANGELES, CA

Total Revenue
$365,971
Total Expenses
$334,009
Total Assets
$242,043
Net Assets
$122,932
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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
1998
Legal Domicile
CA
Principal Officer
PAOLO MILIOZZI
Phone
3107399350
Tax Period
2024-01-01 to 2024-12-31

FONDAZIONE ITALIA, founded in 1998, is a small nonprofit in the Education sector that reported $366K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $334K left a modest 9% surplus.

Mission

TO PROMOTE AND SUPPORT THE TEACHING OF THE ITALIAN LANGUAGE AND CULTURE.

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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 $10,960
Program Service Revenue $353,405
Investment Income $1,606
Other Revenue $0
TOTAL REVENUE $365,971

Expense Breakdown

Grants Paid $800
Salaries & Benefits $205,124
Fundraising Expenses $0
Program Expenses $197,829
Other Expenses $128,085
TOTAL EXPENSES $334,009

Year-over-Year Comparison

2024 2023 Change
Revenue $365,971 $262,514 +0.4%
Expenses $334,009 $261,606 +0.3%
Net Income $31,962 $908 +34.2%
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
6
Independent Members
N/A
Employees
13
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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAOLO MILIOZZI PRESIDENT 0.00
Officer Director
$0 $0 $0
GINO GAUDIO TREASURER 0.00
Officer Director
$0 $0 $0
STEPHANIE MAZZARELLO SECRETARY 0.00
Officer Director
$0 $0 $0
LOUIS DICENZO DIRECTOR 0.00
Director
$0 $0 $0
CLORINDA DONATO DIRECTOR 0.00
Director
$0 $0 $0
BRYAN MAZZARELLO DIRECTOR 0.00
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 $365,971 $334,009 $242,043 $31,962
2023 $262,514 $261,606 $171,378 $908
2022 $199,155 $203,193 $141,115 $-4,038
2021 $245,704 $210,577 $194,768 $35,127
2020 $431,789 $394,197 $200,371 $37,592
2019 $313,947 $307,468 $21,381 $6,479
2018 $291,711 $294,170 $27,172 $-2,459
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