Italian Educational & Cultural Ctr
Nonprofit profile at a glance
- EIN
- 222384498
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Jersey City, NJ, USA
- Phone
- 2012229317
- Rating
- 39
- Verdict
- REVIEW
- Rating confidence
- Moderate
Reported finances
- Revenue
- $63,968
- Expenses
- $77,953
- Assets
- $367,766
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Patrick O'Boyle (President)
- Dr Louis Iozzi (President Emeritus)
- Carla Mastropierro (Vice President)
- Lisa Collodoro (Executive Director)
People named in this filing
- Patrick O'Boyle (President)
- Dr Louis Iozzi (President Emeritus)
- Carla Mastropierro (Vice President)
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
The Italian Educational and Cultural Center (IECC) has a two-fold mission. To provide access to quality programs and exhibits in the visual, performing and cultural arts and to assist Italian social services agency, Patronato Acli (PA), provide social services to senior citizens of low and moderate income residing in Jersey City and Hudson County. The arts programs consist of high quality art exhibits, music concerts, book readings and other cultural events. In the area of Social services, IECC provides consultant services to PA personnel. These services include securing Social Security pensions from the Italian Government, securing pensions under special agreement between the USA and Italy, providing immigration guidance relating to Alien Registration cards, application and guidance for US naturalization, guidance to dual citizenship, providing paralegal services and guidance on legal matters, and providing medical guidance, including referrals to physicians and making appointments.
What it reported doing in 2024
Consultant services to Patronato Acli personnel providing social services to senior citizens needing assistance in dealing with the Italian government becomes more demanding each year. Due to Patronato Acli's extensive and constant networking and liaison activities, there is continued demand for social services assistance. It is expected that this trend will continue for demographic, social and economic reasons. The average age of the immigrant population is increasing as is the level of technological expertise required to obtain basic public services. It is anticipated that the organization will provide continued assistance and services to senior citizens during the current year.
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
REVIEW - The filed numbers largely add up. 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: 5
- Transparency & Controls: 82
- Sustainability: 43
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 4.6%; rating input score 5
- Program expense ratio: 3.7%; rating input score 4
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -21.9%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 4.72; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 30.1%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: 11.2% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: -1.1% per year; rating input score 0; 47th percentile among comparable filings
- Asset growth: -0.7% per year; rating input score 0; 36th percentile among comparable filings
Details
- Where the money goes: 4.6% of revenue deployed · 3.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $3K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 5/100.
- High — Financial Efficiency: Program expense ratio scored 4/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 22/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 6/100.