Casa Italiana Sociocultural Center
EIN: 821104516 · Washington, DC · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $166K |
| Total Expenses | $76K |
| Net Assets | $808K |
Is Casa Italiana Sociocultural Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Casa Italiana Sociocultural Center
Casa Italiana Sociocultural Center (EIN: 821104516) is a nonprofit organization based in Washington, DC, classified under NTEE code A23. The organization reported total revenue of $166K and total assets of $920K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Casa Italiana Sociocultural Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Casa Italiana Sociocultural Center is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -14.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $96K |
| Total Expenses | $76K |
| Surplus / Deficit | +$20K |
| Total Assets | $808K |
| Net Assets | $808K |
| Operating Margin | 20.7% |
| Months of Reserves | 127.4 months |
Financial Health Grade: A
In 2023, Casa Italiana Sociocultural Center reported a surplus of $20K with revenue exceeding expenses, holds 127.4 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2017–2023), Casa Italiana Sociocultural Center's revenue has declined at a compound annual growth rate (CAGR) of -14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.1% | -9.3% | +8.5% |
| 2022 | -59.5% | +21.9% | -4.7% |
| 2021 | +120.9% | -64.7% | +17.1% |
| 2020 | -33.9% | +467.7% | -15.2% |
| 2019 | -78.5% | +47.4% | +10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Casa Italiana Sociocultural Center 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 Casa Italiana Sociocultural Center 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
Frequently Asked Questions about Casa Italiana Sociocultural Center
Is Casa Italiana Sociocultural Center a legitimate charity?
Casa Italiana Sociocultural Center (EIN: 821104516) is a registered tax-exempt nonprofit based in Washington DC. It has 7 years of IRS 990 filings on record. Total revenue: $166K. No red flags identified. Financial health grade: A.
How does Casa Italiana Sociocultural Center spend its money?
Casa Italiana Sociocultural Center reported $166K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Casa Italiana Sociocultural Center tax-deductible?
Casa Italiana Sociocultural Center is registered as a tax-exempt nonprofit (EIN: 821104516). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Casa Italiana Sociocultural Center located?
Casa Italiana Sociocultural Center is headquartered in Washington, Washington DC and files with the IRS under EIN 821104516. It is classified under NTEE code A23.
How many years of IRS 990 filings does Casa Italiana Sociocultural Center have?
Casa Italiana Sociocultural Center has 7 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 $166K in total revenue.
Filing History
IRS 990 filing history for Casa Italiana Sociocultural Center showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Casa Italiana Sociocultural Center's revenue has declined by 61.7%, moving from $251K to $96K. Total assets increased by 226% over the same period, from $248K to $808K. Total functional expenses rose by 2511.3%, from $3K to $76K. In its most recent filing year (2023), Casa Italiana Sociocultural Center reported a surplus of $20K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $96K | $76K | $808K | $0 | — | View 990 |
| 2022 | $65K | $84K | $744K | $587 | — | View 990 |
| 2021 | $161K | $69K | $780K | $0 | — | View 990 |
| 2020 | $73K | $195K | $666K | $0 | — | — |
| 2019 | $110K | $34K | $786K | $0 | — | View 990 |
| 2018 | $514K | $23K | $709K | $0 | — | View 990 |
| 2017 | $251K | $3K | $248K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $96K, expenses of $76K, and assets of $808K (revenue +47.1% year-over-year).
- 2022: Revenue of $65K, expenses of $84K, and assets of $744K (revenue -59.5% year-over-year).
- 2021: Revenue of $161K, expenses of $69K, and assets of $780K (revenue +120.9% year-over-year).
- 2020: Revenue of $73K, expenses of $195K, and assets of $666K (revenue -33.9% year-over-year).
- 2019: Revenue of $110K, expenses of $34K, and assets of $786K (revenue -78.5% year-over-year).
- 2018: Revenue of $514K, expenses of $23K, and assets of $709K (revenue +104.9% year-over-year).
- 2017: Revenue of $251K, expenses of $3K, and assets of $248K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Casa Italiana Sociocultural Center:
Data Sources and Methodology
This transparency report for Casa Italiana Sociocultural Center 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.