Associazione Liguri Nel Mondo - Stockton

Nonprofit profile at a glance

EIN
680288826
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Stockton, CA, USA
Phone
2096790775
Rating
83
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$10,212
Expenses
$15,388
Assets
$187,507

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

Leadership & pay

12 people listed

Executive titles in this filing

  • GARY S GIOVANETTI (President)

People named in this filing

  • GARY S GIOVANETTI (President)
  • MARILYN AVANSINO (Director)
  • JOSEPH PICCARDO (Secretary)

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

Social club for people interested in italian culture particularly from the italian region of liguria and the awarding of academic scholarships to deserving students interested in the achievements, accomplishments and contributions of italian immigrants to american society.

What it reported doing in 2024

Financial aid to individuals - academic scholarships were awarded to deserving students based on grades, sat scores, extracurricular activities and an essay on "what my italian heritage means to me and how it has impacted my life." the scholarships were given through the community foundation of san joaquin.

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
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 82
  • Sustainability: 40
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 75.3%; rating input score 75

Transparency & Controls

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

Sustainability

  • Operating margin: -50.7%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 12.19; rating input score 93; 93rd 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: 1% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: -1.5% per year; rating input score 0; 45th percentile among comparable filings
  • Asset growth: 5.8% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 75.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $12K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2010 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 — Sustainability: Operating margin scored 13/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.