American Italian Renaissance Foundation
EIN: 720833674 · New Orleans, LA · NTEE: A500
| Metric | Value |
|---|---|
| Total Revenue | $423K |
| Total Expenses | $442K |
| Net Assets | $335K |
Is American Italian Renaissance Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About American Italian Renaissance Foundation
American Italian Renaissance Foundation (EIN: 720833674) is a nonprofit organization based in New Orleans, LA, classified under NTEE code A500. The organization reported total revenue of $423K and total assets of $648K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Italian Renaissance Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Italian Renaissance Foundation is a small nonprofit that has been operating for 48 years, with 11 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 11.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $421K |
| Total Expenses | $442K |
| Surplus / Deficit | $-21,881 |
| Total Assets | $975K |
| Total Liabilities | $639K |
| Net Assets | $335K |
| Operating Margin | -5.2% |
| Debt-to-Asset Ratio | 65.6% |
| Months of Reserves | 26.4 months |
Financial Health Grade: C
In 2022, American Italian Renaissance Foundation reported a deficit of $22K with expenses exceeding revenue, holds 26.4 months of operating reserves (strong position), has a debt-to-asset ratio of 65.6% (high leverage).
Financial Trends
Over 11 years of filings (2011–2022), American Italian Renaissance Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -30.3% | +32.1% | -5.2% |
| 2021 | +67.2% | -7.8% | +25.8% |
| 2019 | -35.2% | -24.4% | -1.1% |
| 2018 | +48.8% | -6.4% | +207.7% |
| 2017 | +66.7% | +101.1% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for American Italian Renaissance Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Italian Renaissance Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 65.6%.
Frequently Asked Questions about American Italian Renaissance Foundation
Is American Italian Renaissance Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, American Italian Renaissance Foundation (EIN: 720833674) insufficient data. 0 red flags identified, 0 strengths noted.
How does American Italian Renaissance Foundation spend its money?
Detailed spending breakdown data is not yet available for American Italian Renaissance Foundation. Check back for updated IRS 990 analysis.
Are donations to American Italian Renaissance Foundation tax-deductible?
American Italian Renaissance Foundation is registered as a tax-exempt nonprofit (EIN: 720833674). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is American Italian Renaissance Foundation located?
American Italian Renaissance Foundation is headquartered in New Orleans, Louisiana and files with the IRS under EIN 720833674. It is classified under NTEE code A500.
How many years of IRS 990 filings does American Italian Renaissance Foundation have?
American Italian Renaissance Foundation has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $423K in total revenue.
Filing History
IRS 990 filing history for American Italian Renaissance Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), American Italian Renaissance Foundation's revenue has grown by 243.8%, moving from $122K to $421K. Total assets increased by 622.5% over the same period, from $135K to $975K. Total functional expenses rose by 266.6%, from $121K to $442K. In its most recent filing year (2022), American Italian Renaissance Foundation reported a deficit of $22K, with expenses exceeding revenue. The organization holds $639K in liabilities against $975K in assets (debt-to-asset ratio: 65.6%), resulting in net assets of $335K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $421K | $442K | $975K | $639K | — | View 990 |
| 2021 | $604K | $335K | $1.0M | $671K | — | View 990 |
| 2019 | $361K | $363K | $817K | $842K | — | View 990 |
| 2018 | $557K | $480K | $826K | $849K | — | View 990 |
| 2017 | $374K | $513K | $269K | $367K | — | View 990 |
| 2016 | $224K | $255K | $255K | $214K | — | View 990 |
| 2015 | $239K | $202K | $226K | $155K | — | View 990 |
| 2014 | $123K | $162K | $142K | $108K | — | View 990 |
| 2013 | $125K | $139K | $137K | $63K | — | View 990 |
| 2012 | $113K | $111K | $132K | $45K | — | View 990 |
| 2011 | $122K | $121K | $135K | $50K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $421K, expenses of $442K, and assets of $975K (revenue -30.3% year-over-year).
- 2021: Revenue of $604K, expenses of $335K, and assets of $1.0M (revenue +67.2% year-over-year).
- 2019: Revenue of $361K, expenses of $363K, and assets of $817K (revenue -35.2% year-over-year).
- 2018: Revenue of $557K, expenses of $480K, and assets of $826K (revenue +48.8% year-over-year).
- 2017: Revenue of $374K, expenses of $513K, and assets of $269K (revenue +66.7% year-over-year).
- 2016: Revenue of $224K, expenses of $255K, and assets of $255K (revenue -6.1% year-over-year).
- 2015: Revenue of $239K, expenses of $202K, and assets of $226K (revenue +94.4% year-over-year).
- 2014: Revenue of $123K, expenses of $162K, and assets of $142K (revenue -1.5% year-over-year).
- 2013: Revenue of $125K, expenses of $139K, and assets of $137K (revenue +10.1% year-over-year).
- 2012: Revenue of $113K, expenses of $111K, and assets of $132K (revenue -7.4% year-over-year).
- 2011: Revenue of $122K, expenses of $121K, and assets of $135K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Italian Renaissance Foundation:
Data Sources and Methodology
This transparency report for American Italian Renaissance Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.