Quick charity verification for Sons Of Italy In America (EIN: 222511925)
Verdict: Sons Of Italy In America shows mixed signals
45/100Mission Score
$372KRevenue
$277KAssets
4Red Flags
2Strengths
Red Flags
Significant decline in revenue from $358,101 in 2016 to $37,210 in 2023, indicating potential sustainability issues.
High liabilities relative to assets in earlier years (e.g., $144,995 liabilities vs. $189,885 assets in 2019), raising concerns about financial stability.
Inconsistent expense reporting across years (e.g., $280,395 in 2017 vs. $6,209 in 2023) suggests potential data quality or reporting issues.
The organization's assets have not grown significantly despite periods of higher revenue, indicating potential inefficiencies in asset management.
Strengths
The organization has maintained a positive asset balance throughout the reported period.
Liabilities have significantly decreased in recent years, from $144,995 in 2019 to $23,907 in 2023.
AI Transparency Report
Sons Of Italy In America is a mutual & membership benefit nonprofit based in Methuen, Massachusetts, with reported revenue of $372K and assets of $277K. Our AI analysis assigns a Mission Score of 45/100 (Fair). Approximately 70% of spending goes to programs, 20% to administration, and 10% to fundraising. Executive compensation cannot be assessed as the provided data does not include specific compensation figures for executives. Revenue has declined -14% across 13 filing periods.