Italian American War Veterans Of The Us Inc

Italian American War Veterans Of The Us Inc operates with minimal revenue and expenses, maintaining a small asset base and no officer compensation.

EIN: 116036327 · N Smithfield, RI · Updated: 2026-03-28

$0Revenue

$0Assets

75/100Mission Score (Good)

About Italian American War Veterans Of The Us Inc

Italian American War Veterans Of The Us Inc (EIN: 116036327) is a nonprofit organization based in N Smithfield, RI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Italian American War Veterans Of The Us Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Italian American War Veterans Of The Us Inc appears to be a very small organization with fluctuating, but generally low, financial activity. Their latest filing for the period 202108 shows revenue of $4,650 and expenses of $2,600, resulting in a small surplus. Historically, their revenue has varied, peaking at $28,654 in 201208. The organization consistently reports zero liabilities and has maintained a modest asset base, reaching $28,070 in 202108. This indicates a stable, albeit small, financial position without significant debt.

Regarding spending efficiency, without detailed expense breakdowns beyond total expenses, it's challenging to precisely determine program efficiency. However, the consistent reporting of 0% officer compensation across all available filings suggests that the organization is run by volunteers, which can contribute to lower administrative costs. The organization's expenses have generally been in line with or slightly below revenue in most recent periods, indicating responsible financial management given its scale.

Transparency appears to be adequate for an organization of this size, with consistent IRS 990 filings available. The absence of officer compensation is a positive indicator of volunteer-driven operations. However, the lack of detailed expense breakdowns in the provided data limits a deeper analysis of how funds are allocated between programs, administration, and fundraising. Given its small scale and volunteer nature, it's likely that a significant portion of its activities are directly program-related, but this cannot be definitively confirmed from the provided summary data.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Italian American War Veterans Of The Us Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Italian American War Veterans Of The Us Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that the organization is run by volunteers and does not allocate funds to paid officers, which is commendable for an organization of its size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Italian American War Veterans Of The Us Inc's IRS 990 filings:

Fluctuating and generally low revenue, which could impact long-term sustainability without consistent funding sources.
Lack of detailed expense breakdown in provided data makes it difficult to precisely assess program efficiency.

Strengths

The following positive indicators were identified for Italian American War Veterans Of The Us Inc:

Consistent reporting of 0% officer compensation, indicating a volunteer-driven model.
Zero liabilities reported across all filings, demonstrating strong financial stability.
Maintains a positive asset base, showing responsible financial management.
Consistent IRS 990 filings, indicating good transparency for its size.

Frequently Asked Questions about Italian American War Veterans Of The Us Inc

Is Italian American War Veterans Of The Us Inc a good charity?

Based on the available data, the organization appears to be a responsible, volunteer-run entity with no liabilities and consistent, albeit small, financial activity. The absence of officer compensation is a strong positive indicator. However, without detailed program spending information, it's difficult to fully assess its impact.

How does the organization manage its finances given fluctuating revenue?

The organization generally manages its finances well, often keeping expenses below or close to revenue. For example, in 202108, revenue was $4,650 and expenses were $2,600, showing a surplus. Even in years with higher expenses than revenue, such as 201808 (revenue $15,718, expenses $16,764), the deficits are minor and do not impact its zero-liability status.

What is the trend in the organization's assets?

The organization's assets have fluctuated over time, from a low of $17,365 in 201108 to a high of $40,940 in 201408. In the latest filing (202108), assets stood at $28,070, indicating a stable, modest asset base.

Filing History

IRS 990 filing history for Italian American War Veterans Of The Us Inc showing financial trends over 7 years of public records:

Over 7 years of IRS 990 filings (2011–2021), Italian American War Veterans Of The Us Inc's revenue has declined by 61.1%, moving from $12K to $5K. Total assets increased by 61.6% over the same period, from $17K to $28K. Total functional expenses fell by 86%, from $19K to $3K. In its most recent filing year (2021), Italian American War Veterans Of The Us Inc reported a surplus of $2K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2021	$5K	$3K	$28K	$0	—	—
2019	$12K	$11K	$26K	$0	—	View 990
2018	$16K	$17K	$26K	$0	—	—
2014	$18K	$16K	$41K	$0	—	View 990
2013	$9K	$13K	$39K	$0	—	View 990
2012	$29K	$15K	$31K	$0	—	View 990
2011	$12K	$19K	$17K	$0	—	View 990

Year-by-Year Financial Summary

2021: Revenue of $5K, expenses of $3K, and assets of $28K (revenue -59.7% year-over-year).
2019: Revenue of $12K, expenses of $11K, and assets of $26K (revenue -26.7% year-over-year).
2018: Revenue of $16K, expenses of $17K, and assets of $26K (revenue -11.3% year-over-year).
2014: Revenue of $18K, expenses of $16K, and assets of $41K (revenue +104.7% year-over-year).
2013: Revenue of $9K, expenses of $13K, and assets of $39K (revenue -69.8% year-over-year).
2012: Revenue of $29K, expenses of $15K, and assets of $31K (revenue +139.6% year-over-year).
2011: Revenue of $12K, expenses of $19K, and assets of $17K.

Data Sources and Methodology

This transparency report for Italian American War Veterans Of The Us Inc 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.