Italian American Club Of Hilton Head
EIN: 320214764 · Hilton Head, SC · NTEE: T31
| Metric | Value |
|---|---|
| Total Revenue | $148K |
| Total Expenses | $66K |
| Net Assets | $54K |
Is Italian American Club Of Hilton Head Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Italian American Club Of Hilton Head
Italian American Club Of Hilton Head (EIN: 320214764) is a nonprofit organization based in Hilton Head, SC, classified under NTEE code T31. The organization reported total revenue of $148K and total assets of $49K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Italian American Club Of Hilton Head's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Italian American Club Of Hilton Head is a small nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $53K |
| Total Expenses | $66K |
| Surplus / Deficit | $-12,902 |
| Total Assets | $54K |
| Net Assets | $54K |
| Operating Margin | -24.5% |
| Months of Reserves | 9.9 months |
Financial Health Grade: B
In 2023, Italian American Club Of Hilton Head reported a deficit of $13K with expenses exceeding revenue, holds 9.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Italian American Club Of Hilton Head's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +79.8% | +142.4% | -19.2% |
| 2022 | -49.1% | +6.1% | +3.5% |
| 2021 | +99.4% | -8.2% | +95.2% |
| 2020 | -11.5% | -40.7% | +4.5% |
| 2019 | -45.2% | -23.4% | -30.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Italian American Club Of Hilton Head 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 Italian American Club Of Hilton Head 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 deficit of $13K, with expenses exceeding revenue.
Frequently Asked Questions about Italian American Club Of Hilton Head
Is Italian American Club Of Hilton Head a legitimate charity?
Based on AI analysis of IRS 990 filings, Italian American Club Of Hilton Head (EIN: 320214764) insufficient data. 0 red flags identified, 0 strengths noted.
How does Italian American Club Of Hilton Head spend its money?
Detailed spending breakdown data is not yet available for Italian American Club Of Hilton Head. Check back for updated IRS 990 analysis.
Are donations to Italian American Club Of Hilton Head tax-deductible?
Italian American Club Of Hilton Head is registered as a tax-exempt nonprofit (EIN: 320214764). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Italian American Club Of Hilton Head located?
Italian American Club Of Hilton Head is headquartered in Hilton Head, South Carolina and files with the IRS under EIN 320214764. It is classified under NTEE code T31.
How many years of IRS 990 filings does Italian American Club Of Hilton Head have?
Italian American Club Of Hilton Head has 12 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 $148K in total revenue.
Filing History
IRS 990 filing history for Italian American Club Of Hilton Head showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Italian American Club Of Hilton Head's revenue has grown by 93.4%, moving from $27K to $53K. Total assets increased by 12.5% over the same period, from $48K to $54K. Total functional expenses rose by 115.3%, from $30K to $66K. In its most recent filing year (2023), Italian American Club Of Hilton Head reported a deficit of $13K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $53K | $66K | $54K | $0 | — | — |
| 2022 | $29K | $27K | $67K | $0 | — | View 990 |
| 2021 | $58K | $26K | $65K | $0 | — | — |
| 2020 | $29K | $28K | $33K | $337 | — | — |
| 2019 | $33K | $47K | $32K | $0 | — | View 990 |
| 2018 | $59K | $61K | $46K | $0 | — | View 990 |
| 2017 | $72K | $88K | $48K | $0 | — | View 990 |
| 2016 | $51K | $41K | $64K | $0 | — | View 990 |
| 2015 | $55K | $52K | $54K | $30 | — | View 990 |
| 2014 | $48K | $37K | $51K | $0 | — | View 990 |
| 2013 | $37K | $46K | $40K | $0 | — | View 990 |
| 2012 | $27K | $30K | $48K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $53K, expenses of $66K, and assets of $54K (revenue +79.8% year-over-year).
- 2022: Revenue of $29K, expenses of $27K, and assets of $67K (revenue -49.1% year-over-year).
- 2021: Revenue of $58K, expenses of $26K, and assets of $65K (revenue +99.4% year-over-year).
- 2020: Revenue of $29K, expenses of $28K, and assets of $33K (revenue -11.5% year-over-year).
- 2019: Revenue of $33K, expenses of $47K, and assets of $32K (revenue -45.2% year-over-year).
- 2018: Revenue of $59K, expenses of $61K, and assets of $46K (revenue -17.9% year-over-year).
- 2017: Revenue of $72K, expenses of $88K, and assets of $48K (revenue +42.2% year-over-year).
- 2016: Revenue of $51K, expenses of $41K, and assets of $64K (revenue -7.6% year-over-year).
- 2015: Revenue of $55K, expenses of $52K, and assets of $54K (revenue +14.2% year-over-year).
- 2014: Revenue of $48K, expenses of $37K, and assets of $51K (revenue +29.4% year-over-year).
- 2013: Revenue of $37K, expenses of $46K, and assets of $40K (revenue +37.0% year-over-year).
- 2012: Revenue of $27K, expenses of $30K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Italian American Club Of Hilton Head:
Data Sources and Methodology
This transparency report for Italian American Club Of Hilton Head 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.