Italian American Civil Rights League Canarsie Inc
Nonprofit profile at a glance
- EIN
- 112352099
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Brooklyn, NY, USA
- Phone
- 7186422180
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $4,549,364
- Expenses
- $4,526,713
- Assets
- $3,470,925
- Liabilities
- $2,991,866
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- DOMINIC MEROLA (PRESIDENT)
Highest reported compensation
- VICKI CUSARE (EXECUTIVE DI): $269,575 total reported compensation
- DORIAN NICOLETTI (DIR. OF OPER): $153,296 total reported compensation
- YAMILET HENRY (DIR. OF ADMI): $142,766 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A non-profit community organization providing young adult employment/training programs, supportive services, after school and summer camp programming.
What it reported doing in 2024
Iacrl seek to engage our youth in interactive, project-based learning that utilizes new and existing educational models to stimulate interests, build self-esteem, and encourage self-reliance and independent thinking. Its education initiatives furthermore center on creating enjoyable activities within safe and nurturing environments, with a focus toward positive youth development. Iacrl's out-of-school time (ost) program, funded by the nyc department of youth and community development: a. Provide tools for youth empowerment and development b. Provide enjoyable activities in safe, nurturing environments c. Offer highly interactive, project-based initiatives d. Foster independent thinking, self-reliance and self-esteem e. Reinforce core values, skills, and lessons provided in school f. Implement new and existing education models for best-learning outcomes
Operating model
- Revenue model
- Grant-funded. 100% of the money available for current operations came from government grants.
- 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 70
- Accountability: 95
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.2%; rating input score 99
- Program expense ratio: 99.7%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Fail
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.5%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.77; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.86; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 18%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: 14.2% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 16.6% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 39.3% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 99.2% of revenue deployed · 99.7% of spending went to programs
- Governance: 5 of 5 board members independent · 7 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $4.5M in reported program spending
- Leadership: top reported pay $270K · 12 people listed · 1 of 6 pay-setting controls reported
- Consistency: 28 of 28 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- 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.
- Moderate — Sustainability: Operating margin scored 36/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- Review — Accountability: Governance controls: Conflict-of-interest policy not reported.
- High — Sustainability: Liabilities to assets ratio scored 9/100.
- High — Sustainability: Officer compensation ratio scored 14/100.