Quick charity verification for William Marconi Italian Club (EIN: 20229110)
Verdict: William Marconi Italian Club appears trustworthy
75/100Mission Score
$1.1MRevenue
$259KAssets
2Red Flags
4Strengths
Red Flags
Unknown NTEE code limits comparative analysis
Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
Consistent financial stability with revenues generally exceeding or matching expenses
Zero reported officer compensation across all filings, indicating high efficiency in leadership costs
Low to zero liabilities, demonstrating strong financial health and solvency
Consistent asset growth over the past decade
Spending Breakdown
How William Marconi Italian Club allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about William Marconi Italian Club
Is William Marconi Italian Club a legitimate charity?
Based on AI analysis of IRS 990 filings, William Marconi Italian Club (EIN: 20229110) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is William Marconi Italian Club a good charity to donate to?
William Marconi Italian Club has a Mission Score of 75/100. Revenue: $1.1M. Assets: $259K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for William Marconi Italian Club?
The Employer Identification Number (EIN) for William Marconi Italian Club is 20229110. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does William Marconi Italian Club spend its money?
William Marconi Italian Club allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify William Marconi Italian Club's tax-exempt status?
You can verify William Marconi Italian Club's tax-exempt status using EIN 20229110 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The William Marconi Italian Club demonstrates consistent financial activity over the past decade, with revenues and expenses generally in a similar range, indicating a stable operational model. The organization's latest filing shows revenue of $319,778 against expenses of $311,370, resulting in a modest surplus. A notable aspect is the consistent reporting of zero officer compensation across all available filings, which suggests a volunteer-driven leadership or that compensation falls below reporting thresholds, enhancing its financial efficiency from a governance perspective. The organization's assets have shown growth, reaching $170,729 in the latest period, with liabilities consistently low or zero, indicating good financial management and solvency.
However, without a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data, a precise assessment of spending efficiency is challenging. The NTEE code is unknown, which limits the ability to benchmark its financial performance against similar organizations. The lack of reported officer compensation, while positive for efficiency, could also indicate a lack of transparency if significant non-cash benefits or indirect compensation are provided but not disclosed.
Overall, the William Marconi Italian Club appears to be a financially stable organization with a history of operating within its means. Its low liability and consistent asset growth are positive indicators. Greater transparency regarding expense allocation and the nature of its programs would further enhance its financial health assessment.