De Rada Italian Institute Inc is located in Kingston, RI. The organization was established in 2002. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. DE Rada Italian Institute 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 12/2022, DE Rada Italian Institute Inc generated $251.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.8%) each year. All expenses for the organization totaled $1.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE ITALIAN LANGUAGE AND CULTURAL PROGRAMS DURING THE SUMMER IN ITALY. PROGRAM PURPOSE IS TO EDUCATE STUDENTS WHO WANT TO LEARN AND UNDERSTAND ITALIAN LANGUAGE THRU 1ST HAND EXPERIENCE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelangelo Laluna President | 5 | $0 | |
Al-Walid I El-Bermani Treasurer | 1 | $0 | |
Giovanni Braico Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $216 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $35 |
| Total Revenue | $251 |
| 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 | $750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,148 |
| Total expenses | $1,898 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,038 |
| Other assets | $0 |
| Total assets | $2,038 |
| Total liabilities | $3,810 |
| Net assets or fund balances | -$1,772 |