C A S It Inc
- Assets
- $4.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wakefield, MA
- Founding
- 09/1999
- Data as of
- 12/2020
- EIN
- 04-3407305
Organization Overview
C A S It Inc is located in Wakefield, MA. The organization was established in 1999. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. C A S It Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, C A S It Inc generated $11.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (43.9%) each year. All expenses for the organization totaled $11.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (43.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, C A S It Inc has awarded 71 individual grants totaling $1,195,719. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
THE PROGRAM TEACHES THE ITALIAN LANGUAGE TO CHILDREN AND ADULTS THROUGH PROGRAMS RUN BY THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adelaide Guarracino President | 1 | $0 | |
Maria Giaconda Motta Director | 1 | $0 | |
Adelaide Guarracino Treasurer | 1 | $0 | |
Rosalba Schino Clerk | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25 |
| Total Program Service Revenue | $11,650 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,675 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,918 |
| Occupancy, rent, utilities, and maintenance | $4,454 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $768 |
| Total expenses | $11,140 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,660 |
| Other assets | $0 |
| Total assets | $4,300 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,300 |
Grants Awarded
Over the last fiscal year, C A S It Inc has awarded $154,520 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ARLINGTON CATHOLIC HIGH SCHOOL PURPOSE: To promote the study of the Italian language | $5,000 |
BILLERICA MEMORIAL HIGH SCHOOL PURPOSE: To promote the study of the Italian language | $8,000 |
ARLINGTON HIGH SCHOOL PURPOSE: To promote the study of the Italian language | $5,000 |
CLASSICAL HIGH PURPOSE: To promote the study of the Italian language | $5,899 |
COVENTRY HIGH SCHOOL PURPOSE: To promote the study of the Italian language | $5,000 |
ELIOT ELEMENTARY SCHOOL PURPOSE: To promote the study of the Italian language | $15,000 |