Sons Of Italy In America is located in Philadelphia, PA. The organization was established in 1941. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sons Of Italy In America 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 03/2024, Sons Of Italy In America generated $51.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $42.5k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 9 years. 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
2024
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS, AWARDS AND OTHER GRANTS FOR LITERACY AND EDUCATION PURPOSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Cerruti State President | 10 | $0 | |
Rose Mumbauer State First VP | 10 | $0 | |
Amato Sanita St Second VP | 10 | $0 | |
Melody Yeardie St Third VP | 10 | $0 | |
Vaughn Piper St Fin Secy | 10 | $0 | |
Tim Sines Sr State Orator | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $26,632 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1,525 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $12,898 |
Other Revenue | $10,500 |
Total Revenue | $51,555 |
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 | $5,600 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $70 |
Total expenses | $42,535 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $72,009 |
Other assets | $0 |
Total assets | $72,009 |
Total liabilities | $32,460 |
Net assets or fund balances | $39,549 |