Iacaorr Inc Dba Italian American Civic Association of Rio Rancho
Nonprofit profile at a glance
- EIN
- 992925881
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Rio Rancho, NM, USA
- Phone
- 5056044326
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $48,662
- Expenses
- $24,241
- Assets
- $72,323
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- PAMELA HARRIS GALLO (PRESIDENT)
- DAWN RAIA (VICE PRESIDENT)
People named in this filing
- PAMELA HARRIS GALLO (PRESIDENT)
- DAWN RAIA (VICE PRESIDENT)
- BRIDGETTE HARRIS (SECRETARY/TREASURER)
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 members of the rio rancho and surrounding communities.
What it reported doing in 2024
The organization provides its faciilties to the rio rancho, New Mexico and surrounding communities for social activities and other services. Between march 15 and december 31, 2024, the facility was rented for 22 parties, in addition to being used six times by the rio rancho school district. Ten 82, a local charity that serves first responders and other public servants, was allowed free use of the facility, valued at $3,200. Six iacaorr volunteers provided services, as it has no salaried employees. Approximately 2800 people participated in events held at the facility.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 39
- Transparency & Controls: 82
- Sustainability: 79
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 20.4%; rating input score 20
- Program expense ratio: 70.9%; rating input score 71
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 50.2%; rating input score 91; 91st percentile among comparable filings
- Total-asset coverage ratio: 2.98; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 20.4% of revenue deployed · 70.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $17K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- 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 20/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.