The Italian Center Men's Club Inc

Nonprofit profile at a glance

EIN
933355915
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Stamford, CT, USA
Phone
2033221306
Rating
42
Verdict
MIXED
Rating confidence
Moderate
Sector
Recreational l Clubs

Reported finances

Revenue
$107,475
Expenses
$103,963
Assets
$19,525
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • Thomas Duddie (President and Director)

People named in this filing

  • Thomas Duddie (President and Director)
  • James Lawler (Secretary and Director)
  • Anthony M DeVito III (Treasurer and Director)

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 primary exempt purpose is to support The Italian Center of Stamford, Inc, a 501(c)(3) organization, and to promote the social development of its members.

What it reported doing in 2024

Charitable Contributions - Italian Center of Stamford, Inc $250; St Judes Research Hospital $250; Stamford Paint the Town Pink $200; ARI of Connecticut, Inc $75.

Operating model

Revenue model
Earned-program. 67% of the money available for current operations came from fees and other program revenue.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

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 a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 4
  • Transparency & Controls: 82
  • Sustainability: 42
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 3.7%; rating input score 4
  • Program expense ratio: 3.9%; 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: 3.3%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0.19; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 24.4% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 82.6% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 19.8% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 3.7% of revenue deployed · 3.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $4K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2023 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 4/100.
  • High — Financial Efficiency: Program expense ratio scored 4/100.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.