Merrimack Valley Chapter of Unico Co Lawrence J Ardito
Nonprofit profile at a glance
- EIN
- 223148894
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- North Andover, MA, USA
- Phone
- 9786882880
- Rating
- 43
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Community Service Clubs
Reported finances
- Revenue
- $37,298
- Expenses
- $30,972
- Assets
- $16,017
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- ENRICO CARUSO (President)
People named in this filing
- ENRICO CARUSO (President)
- MICHAEL ANTONIETTI (Treasurer)
- JOSEPH DIBLASI (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
To help support and raise funds which benefit unico merrimack valley foundation, inc., a 501(c)(3) organization which grants scholarships and supports educational facilities.
What it reported doing in 2024
Raised funds for unico merrimack valley foundation inc. All contributions went directly to that organization which then grants the monies. Expenses are associated with the awards dinner.
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
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 6
- Transparency & Controls: 82
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 9.4%; rating input score 9
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 17%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 0.52; rating input score 30; 30th 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: 0.4% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: 13.1% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 9.4% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 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 — Financial Efficiency: Mission deployment rate scored 9/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.