Quick charity verification for North Italy Beneficial Association (EIN: 210526730)
Verdict: North Italy Beneficial Association appears trustworthy
85/100Mission Score
$572KRevenue
$451KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Strong financial surplus in the latest reported period ($292,900 revenue vs. $225,251 expenses).
Zero officer compensation, indicating volunteer leadership and efficient use of funds.
Positive net assets ($438,832 assets vs. $34,015 liabilities in 202402).
Consistent asset growth from previous periods to $451,279.
AI Transparency Report
The North Italy Beneficial Association appears to be in a stable financial position, with its latest reported revenue at $571,571 and assets at $451,279. The most recent filing (Period 202402) shows revenue of $292,900 significantly exceeding expenses of $225,251, indicating a healthy surplus for that period. The organization also reports 0% officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of funds, contributing positively to its transparency and financial health. While the NTEE code N50 (Fraternal Societies) suggests a focus on member benefits, the overall financial health appears sound with a positive net asset position.