North Italy Beneficial Association

North Italy Beneficial Association reports healthy surplus and zero officer compensation in latest filing.

EIN: 210526730 · Vineland, NJ · NTEE: N50 · Updated: 2026-03-28

$572KRevenue

$451KAssets

85/100Mission Score (Excellent)

N50

About North Italy Beneficial Association

North Italy Beneficial Association (EIN: 210526730) is a nonprofit organization based in Vineland, NJ, classified under NTEE code N50. The organization reported total revenue of $572K and total assets of $451K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Italy Beneficial Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The North Italy Beneficial Association appears to be in a stable financial position, with its latest reported revenue at $571,571 and assets at $451,279. The most recent filing (Period 202402) shows revenue of $292,900 significantly exceeding expenses of $225,251, indicating a healthy surplus for that period. The organization also reports 0% officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of funds, contributing positively to its transparency and financial health. While the NTEE code N50 (Fraternal Societies) suggests a focus on member benefits, the overall financial health appears sound with a positive net asset position.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates North Italy Beneficial Association with a Mission Score of 85 out of 100 (Excellent). 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, North Italy Beneficial Association 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 reported at 0%, indicating that the organization's leadership is likely volunteer-based, which is highly efficient for an organization of its size with $571,571 in latest revenue.

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.

Strengths

The following positive indicators were identified for North Italy Beneficial Association:

Strong financial surplus in the latest reported period ($292,900 revenue vs. $225,251 expenses).
Zero officer compensation, indicating volunteer leadership and efficient use of funds.
Positive net assets ($438,832 assets vs. $34,015 liabilities in 202402).
Consistent asset growth from previous periods to $451,279.

Frequently Asked Questions about North Italy Beneficial Association

Is the North Italy Beneficial Association a good charity?

Based on the available data, the North Italy Beneficial Association demonstrates strong financial health with a surplus in its latest filing and zero officer compensation, suggesting efficient use of funds. Its NTEE code N50 indicates a focus on fraternal activities, which may not align with traditional 'charity' in the sense of public benefit, but it appears well-managed for its stated purpose.

How does the organization manage its expenses relative to its revenue?

In the 202402 period, the organization's expenses were $225,251 against revenues of $292,900, resulting in a significant surplus. This indicates effective expense management and a healthy financial operating margin.

Filing History

IRS 990 filing history for North Italy Beneficial Association showing financial trends over 1 year of public records:

In its most recent filing year (2024), North Italy Beneficial Association reported a surplus of $68K, with revenue exceeding expenses. The organization holds $34K in liabilities against $439K in assets (debt-to-asset ratio: 7.8%), resulting in net assets of $405K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$293K	$225K	$439K	$34K	—	—

Data Sources and Methodology

This transparency report for North Italy Beneficial Association 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.