Associazione Ligure Nel Mondo Inc
- Assets
- $122.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Bruno, CA
- Founding
- 07/2006
- Data as of
- 12/2021
- EIN
- 94-3078332
Organization Overview
Associazione Ligure Nel Mondo Inc is located in San Bruno, CA. The organization was established in 2006. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Associazione Ligure Nel Mondo 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 12/2021, Associazione Ligure Nel Mondo Inc generated $13.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $8.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
IN 2020 WE CONTINUED OUR POLICY OF AWARDING SCHOLARSHIPS PURSUANT TO THE RECOMMENDATION OF OUR SCHOLARSHIP COMMITTEE WHICH REVIEWS APPLICATIONS FROM HIGH SCHOOL SENIORS SPREAD THROUGHOUT THE LOCAL AREA. THE SELECTION CRITERIA ARE OVERALL EXCELLENCE PLUS SUBMITTAL OF AN ESSAY ON LIGURIA. IN 2020, THREE AWARDEES WERE SELECTED, AND EACH RECEIVED A $2,000 SCHOLARSHIP. DUE TO COVID, THERE WAS NO FORMAL AWARDS DINNER.IN ADDITION, WE GAVE GRANTS TO THE FOLLOWING ORGANIZATIONS:- GENOA CHAPTER OF LIGURI NEL MONDO, $500 FOR USE IN THEIR PROGRAMS- ITALIAN COMMUNITY SERVICES, $500 FOR USE IN THEIR PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Naydine Massucco Booth Treasurer | 1 | $0 | |
Bob Cavagnaro Board Member | 1 | $0 | |
Dominic Spinetta Board Member | 1 | $0 | |
Peter Pessagno Board Member | 1 | $0 | |
Carla Del Carlo Board Member | 1 | $0 | |
Pamela Segale Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,552 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,262 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,920 |
| Other Revenue | $0 |
| Total Revenue | $13,734 |
| 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 | $1,700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $622 |
| Other expenses | $1,868 |
| Total expenses | $8,440 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,920 |
| Other assets | $0 |
| Total assets | $122,920 |
| Total liabilities | $0 |
| Net assets or fund balances | $122,920 |
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