William Marconi Italian Club
William Marconi Italian Club maintains stable finances with zero reported officer compensation.
EIN: 20229110 · Keene, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $311K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $200,000 |
| Net Assets | $171K |
| Transparency Score | 75/100 |
Is William Marconi Italian Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
William Marconi Italian Club directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About William Marconi Italian Club
William Marconi Italian Club (EIN: 20229110) is a nonprofit organization based in Keene, NH. The organization reported total revenue of $1.1M and total assets of $259K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William Marconi Italian Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William Marconi Italian Club is a mid-size nonprofit that has been operating for 41 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $320K |
| Total Expenses | $311K |
| Surplus / Deficit | +$8K |
| Total Assets | $171K |
| Net Assets | $171K |
| Operating Margin | 2.6% |
| Months of Reserves | 6.6 months |
Financial Health Grade: A
In 2023, William Marconi Italian Club reported a surplus of $8K with revenue exceeding expenses, holds 6.6 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), William Marconi Italian Club's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.8% | +36.8% | +5.2% |
| 2022 | +11.3% | +9.0% | +8.5% |
| 2021 | +147.8% | +18.8% | +22.3% |
| 2020 | -60.5% | -22.5% | -37.4% |
| 2019 | +0.4% | -3.5% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 William Marconi Italian Club 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, William Marconi Italian Club allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, suggesting a volunteer-led organization or that compensation is below IRS reporting thresholds, which is highly efficient for an organization of its size with revenues around $200,000-$300,000 annually.
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 William Marconi Italian Club's IRS 990 filings:
- Unknown NTEE code limits comparative analysis
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for William Marconi Italian Club:
- Consistent financial stability with revenues generally exceeding or matching expenses
- Zero reported officer compensation across all filings, indicating high efficiency in leadership costs
- Low to zero liabilities, demonstrating strong financial health and solvency
- Consistent asset growth over the past decade
Frequently Asked Questions about William Marconi Italian Club
Is William Marconi Italian Club a legitimate charity?
William Marconi Italian Club (EIN: 20229110) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does William Marconi Italian Club spend its money?
William Marconi Italian Club directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to William Marconi Italian Club tax-deductible?
William Marconi Italian Club is registered as a tax-exempt nonprofit (EIN: 20229110). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the William Marconi Italian Club CEO make?
William Marconi Italian Club's highest-compensated officer earns $200,000 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of William Marconi Italian Club's spending goes to programs?
William Marconi Italian Club directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is William Marconi Italian Club located?
William Marconi Italian Club is headquartered in Keene, New Hampshire and files with the IRS under EIN 20229110.
How many years of IRS 990 filings does William Marconi Italian Club have?
William Marconi Italian Club has 14 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 $1.1M in total revenue.
Is William Marconi Italian Club a good charity?
Based on the available financial data, the William Marconi Italian Club appears to be a financially stable organization with low liabilities and consistent asset growth. The absence of reported officer compensation is a positive indicator of efficiency. However, without detailed program spending information and an NTEE code, a full assessment of its charitable impact and efficiency compared to peers is limited.
How does the organization manage its expenses?
The organization consistently manages its expenses to be close to its revenues, as seen in the 202312 period where expenses were $311,370 against revenues of $319,778. This indicates a disciplined approach to spending and avoiding significant deficits.
What is the trend in the organization's assets?
The organization's assets have shown a general upward trend, from $146,848 in 201412 to $170,729 in 202312, indicating financial growth and stability over the decade.
Filing History
IRS 990 filing history for William Marconi Italian Club showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), William Marconi Italian Club's revenue has grown by 61.1%, moving from $198K to $320K. Total assets increased by 16.9% over the same period, from $146K to $171K. Total functional expenses rose by 68.5%, from $185K to $311K. In its most recent filing year (2023), William Marconi Italian Club reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $320K | $311K | $171K | $0 | — | — |
| 2022 | $258K | $228K | $162K | $0 | — | View 990 |
| 2021 | $232K | $209K | $150K | $18K | — | View 990 |
| 2020 | $94K | $176K | $122K | $14K | — | View 990 |
| 2019 | $237K | $227K | $195K | $5K | — | View 990 |
| 2018 | $236K | $235K | $185K | $6K | — | View 990 |
| 2017 | $260K | $221K | $185K | $6K | — | — |
| 2016 | $222K | $226K | $147K | $7K | — | View 990 |
| 2015 | $230K | $228K | $150K | $6K | — | View 990 |
| 2014 | $232K | $215K | $147K | $5K | — | View 990 |
| 2013 | $184K | $200K | $129K | $4K | — | View 990 |
| 2012 | $201K | $179K | $145K | $4K | — | View 990 |
| 2011 | $171K | $189K | $130K | $11K | — | View 990 |
| 2010 | $198K | $185K | $146K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $320K, expenses of $311K, and assets of $171K (revenue +23.8% year-over-year).
- 2022: Revenue of $258K, expenses of $228K, and assets of $162K (revenue +11.3% year-over-year).
- 2021: Revenue of $232K, expenses of $209K, and assets of $150K (revenue +147.8% year-over-year).
- 2020: Revenue of $94K, expenses of $176K, and assets of $122K (revenue -60.5% year-over-year).
- 2019: Revenue of $237K, expenses of $227K, and assets of $195K (revenue +0.4% year-over-year).
- 2018: Revenue of $236K, expenses of $235K, and assets of $185K (revenue -9.2% year-over-year).
- 2017: Revenue of $260K, expenses of $221K, and assets of $185K (revenue +17.1% year-over-year).
- 2016: Revenue of $222K, expenses of $226K, and assets of $147K (revenue -3.4% year-over-year).
- 2015: Revenue of $230K, expenses of $228K, and assets of $150K (revenue -0.7% year-over-year).
- 2014: Revenue of $232K, expenses of $215K, and assets of $147K (revenue +26.0% year-over-year).
- 2013: Revenue of $184K, expenses of $200K, and assets of $129K (revenue -8.5% year-over-year).
- 2012: Revenue of $201K, expenses of $179K, and assets of $145K (revenue +17.3% year-over-year).
- 2011: Revenue of $171K, expenses of $189K, and assets of $130K (revenue -13.7% year-over-year).
- 2010: Revenue of $198K, expenses of $185K, and assets of $146K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William Marconi Italian Club:
Data Sources and Methodology
This transparency report for William Marconi Italian Club 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.