Sons Of Italy In America
Sons Of Italy In America: Consistent Revenue, Modest Assets
EIN: 221412780 · Cherry Hill, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $152K |
| Total Expenses | $151K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $304K |
| Transparency Score | 65/100 |
Is Sons Of Italy In America Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sons Of Italy In America directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Sons Of Italy In America
Sons Of Italy In America (EIN: 221412780) is a nonprofit organization based in Cherry Hill, NJ. The organization reported total revenue of $152K and total assets of $337K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sons Of Italy In America's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sons Of Italy In America is a small nonprofit that has been operating for 85 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $151K |
| Surplus / Deficit | +$3K |
| Total Assets | $317K |
| Total Liabilities | $14K |
| Net Assets | $304K |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 4.4% |
| Months of Reserves | 25.3 months |
Financial Health Grade: A
In 2023, Sons Of Italy In America reported a surplus of $3K with revenue exceeding expenses, holds 25.3 months of operating reserves (strong position), has a debt-to-asset ratio of 4.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sons Of Italy In America's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.4% | -15.3% | -0.8% |
| 2022 | +12.3% | +47.9% | -8.4% |
| 2021 | +5.9% | -5.7% | +3.5% |
| 2020 | -12.6% | -29.0% | +6.0% |
| 2019 | +1.3% | +18.3% | -7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1941 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sons Of Italy In America with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Sons Of Italy In America allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.4%.
Executive Compensation Analysis
The filings consistently report $0 in compensation for officers, directors, trustees, and key employees, suggesting either a volunteer-led structure or compensation is reported under different categories not explicitly detailed as 'compensation' in the provided data.
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 Sons Of Italy In America's IRS 990 filings:
- Consistent reporting of 'c0%' for compensation across all years may warrant further investigation to understand the operational model and how leadership is supported, if at all, or if compensation is simply not itemized in this specific field.
- The net assets have shown a slight decline from $349,288 in 2021 to $317,408 in 2023, which could indicate a trend to monitor.
Strengths
The following positive indicators were identified for Sons Of Italy In America:
- The organization demonstrates consistent revenue generation, maintaining an average around $150,000 annually over the past several years.
- Assets have remained relatively stable, indicating a consistent financial base.
- The organization has consistently reported positive net assets, demonstrating financial solvency.
Frequently Asked Questions about Sons Of Italy In America
Is Sons Of Italy In America a legitimate charity?
Sons Of Italy In America (EIN: 221412780) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $152K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Sons Of Italy In America spend its money?
Sons Of Italy In America directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Sons Of Italy In America tax-deductible?
Sons Of Italy In America is registered as a tax-exempt nonprofit (EIN: 221412780). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sons Of Italy In America CEO make?
Sons Of Italy In America's highest-compensated officer earns $0 annually. The organization reported $152K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sons Of Italy In America's spending goes to programs?
Sons Of Italy In America directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Sons Of Italy In America located?
Sons Of Italy In America is headquartered in Cherry Hill, New Jersey and files with the IRS under EIN 221412780.
How many years of IRS 990 filings does Sons Of Italy In America have?
Sons Of Italy In America has 13 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 $152K in total revenue.
What does Sons Of Italy In America do?
Sons Of Italy In America is a nonprofit organization in the Unknown sector, located in Cherry Hill, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Sons Of Italy In America have?
Sons Of Italy In America reported total revenue of $152,244. Based on 13 IRS 990 filings on record.
What are Sons Of Italy In America's total assets?
Sons Of Italy In America holds total assets of $337,232 as reported in IRS 990 filings.
Where is Sons Of Italy In America located?
Sons Of Italy In America is based in Cherry Hill, New Jersey.
What is Sons Of Italy In America's EIN?
Sons Of Italy In America's Employer Identification Number (EIN) is 221412780. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Sons Of Italy In America?
Sons Of Italy In America is classified under NTEE code Unknown (Unknown).
Is Sons Of Italy In America a registered 501(c)(3)?
Sons Of Italy In America appears in IRS records (EIN: 221412780). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Sons Of Italy In America file IRS Form 990?
Yes, Sons Of Italy In America has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Sons Of Italy In America's revenue in 2023?
In the 202312 filing period, Sons Of Italy In America reported total revenue of $153,734, total expenses of $150,605, and net assets of $317,408.
Is Sons Of Italy In America's revenue growing or declining?
Sons Of Italy In America's revenue is declining. Revenue went from $166,011 (202212) to $153,734 (202312), a -7.4% change. Based on 13 filings on record.
What is Sons Of Italy In America's most recent 990 filing?
The most recent IRS Form 990 filing for Sons Of Italy In America covers tax period 202312. It shows revenue of $153,734, expenses of $150,605, total assets of $317,408, and liabilities of $13,908.
How much does Sons Of Italy In America spend on programs vs administration?
Based on IRS 990 analysis, Sons Of Italy In America allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Sons Of Italy In America a trustworthy charity?
Based on AI analysis of IRS 990 data, Sons Of Italy In America shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Sons Of Italy In America?
The following concerns were identified: Consistent reporting of 'c0%' for compensation across all years may warrant further investigation to understand the operational model and how leadership is supported, if at all, or if compensation is simply not itemized in this specific field.. The net assets have shown a slight decline from $349,288 in 2021 to $317,408 in 2023, which could indicate a trend to monitor.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Sons Of Italy In America's strengths?
Positive indicators for Sons Of Italy In America include: The organization demonstrates consistent revenue generation, maintaining an average around $150,000 annually over the past several years.. Assets have remained relatively stable, indicating a consistent financial base.. The organization has consistently reported positive net assets, demonstrating financial solvency.. These findings are derived from AI analysis of the organization's financial filings.
How does Sons Of Italy In America compensate executives?
The filings consistently report $0 in compensation for officers, directors, trustees, and key employees, suggesting either a volunteer-led structure or compensation is reported under different categories not explicitly detailed as 'compensation' in the provided data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Sons Of Italy In America?
• The organization's financial filings consistently report 'c0%' for compensation, indicating no reported compensation for officers, directors, trustees, or key employees. • Revenue has remained relatively stable over the past several years, with 2023 revenue at $153,734 and 2022 at $166,011. • Total assets have fluctuated but remained within a similar range, with $317,408 in 2023 and $320,069 in 2022. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization sustain its operations and leadership without reporting any compensation for officers, directors, trustees, or key employees?
The consistent reporting of 'c0%' for compensation suggests a volunteer-driven model or that compensation is categorized differently in their full financial statements, which would require reviewing the complete IRS Form 990 filings to understand the full picture of operational expenses and leadership support.
What is the primary source of the organization's revenue, given its consistent annual figures?
While the provided data only shows total revenue, the consistency around $150,000 annually suggests a stable funding mechanism, likely from membership dues, small-scale fundraising events, or investment income, which would need to be confirmed by examining detailed revenue breakdowns in their full financial reports.
Filing History
IRS 990 filing history for Sons Of Italy In America showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sons Of Italy In America's revenue has declined by 2.8%, moving from $158K to $154K. Total assets decreased by 16.8% over the same period, from $382K to $317K. Total functional expenses fell by 18.3%, from $184K to $151K. In its most recent filing year (2023), Sons Of Italy In America reported a surplus of $3K, with revenue exceeding expenses. The organization holds $14K in liabilities against $317K in assets (debt-to-asset ratio: 4.4%), resulting in net assets of $304K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $154K | $151K | $317K | $14K | — | — |
| 2022 | $166K | $178K | $320K | $22K | — | View 990 |
| 2021 | $148K | $120K | $349K | $13K | — | View 990 |
| 2020 | $140K | $127K | $337K | $20K | — | — |
| 2019 | $160K | $180K | $318K | $13K | — | View 990 |
| 2018 | $158K | $152K | $343K | $23K | — | View 990 |
| 2017 | $157K | $154K | $332K | $12K | — | View 990 |
| 2016 | $157K | $141K | $335K | $12K | — | View 990 |
| 2015 | $159K | $174K | $324K | $12K | — | View 990 |
| 2014 | $161K | $156K | $343K | $5K | — | View 990 |
| 2013 | $153K | $170K | $348K | $17K | — | View 990 |
| 2012 | $168K | $168K | $376K | $15K | — | View 990 |
| 2011 | $158K | $184K | $382K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $154K, expenses of $151K, and assets of $317K (revenue -7.4% year-over-year).
- 2022: Revenue of $166K, expenses of $178K, and assets of $320K (revenue +12.3% year-over-year).
- 2021: Revenue of $148K, expenses of $120K, and assets of $349K (revenue +5.9% year-over-year).
- 2020: Revenue of $140K, expenses of $127K, and assets of $337K (revenue -12.6% year-over-year).
- 2019: Revenue of $160K, expenses of $180K, and assets of $318K (revenue +1.3% year-over-year).
- 2018: Revenue of $158K, expenses of $152K, and assets of $343K (revenue +0.3% year-over-year).
- 2017: Revenue of $157K, expenses of $154K, and assets of $332K (revenue +0.1% year-over-year).
- 2016: Revenue of $157K, expenses of $141K, and assets of $335K (revenue -1.3% year-over-year).
- 2015: Revenue of $159K, expenses of $174K, and assets of $324K (revenue -1.1% year-over-year).
- 2014: Revenue of $161K, expenses of $156K, and assets of $343K (revenue +5.2% year-over-year).
- 2013: Revenue of $153K, expenses of $170K, and assets of $348K (revenue -9.2% year-over-year).
- 2012: Revenue of $168K, expenses of $168K, and assets of $376K (revenue +6.4% year-over-year).
- 2011: Revenue of $158K, expenses of $184K, and assets of $382K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sons Of Italy In America:
Data Sources and Methodology
This transparency report for Sons Of Italy In America 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.