Associazione Liguri Nel Mondo Inc

Nonprofit profile at a glance

EIN
943078332
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024, Form 990-N 2013
Location
San Bruno, CA, USA
Phone
4155046664
Rating
56
Verdict
MIXED
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Reported finances

Revenue
$20,431
Expenses
$8,922
Assets
$152,506

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • LAWRENCE FRANZELLA (President)

People named in this filing

  • RICHARD CUNEO (GOVERNOR)
  • LAWRENCE FRANZELLA (President)
  • PAMELA SEGALE (board member)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promoting, in all forms, relations among ligurians residing in the region of liguria, italy, and ligurians, as well as their descendants wherever residing; promote the study and research of ligurian immigration world-wide; and spread ligurian culture and language, in all its forms both historical and contemporary, to immigrated ligurians and their descendants in order to keep alive ethnic relations.

What it reported doing in 2024

In 2024, we continued our policy of awarding scholarships pursuant to the recommendation of our scholarship committee which reviews applications from high school seniors spread throughout the local area. The selection criteria are overall excellence plus submittal of an essay on liguria. In 2024, three awardees were selected, and each received a $1,500 scholarship.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 32
  • Transparency & Controls: 82
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 22%; rating input score 22
  • Program expense ratio: 50.4%; rating input score 50

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 56.3%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 17.09; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -3.7% per year; rating input score 0; 38th percentile among comparable filings
  • Revenue growth: 2.5% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 1.3% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 22% of revenue deployed · 50.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $4K in reported program spending
  • Leadership: top reported pay $0 · 17 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 22/100.
  • Review — Financial Efficiency: Program expense ratio scored 50/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.