The Italian Language Foundation Inc
Nonprofit profile at a glance
- EIN
- 262926576
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024
- Location
- Manhasset, NY, USA
- Phone
- 6462894600
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $98,906
- Expenses
- $80,398
- Assets
- $248,255
- Liabilities
- $8,198
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- MARGARET I CUOMO MD (PRESIDENT/SECRETARY)
People named in this filing
- MARGARET I CUOMO MD (PRESIDENT/SECRETARY)
- LOUIS A TALLARINI (TREASURER)
- ELIA MANNETTA (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 italian language foundation, inc. (the "foundation") conducts activities including, but not limited to, promoting the italian language and culture in all american high schools. The foundation is dedicated to reinstating the college board's advanced placement course and examination in italian language and culture available in the united states and internationally.
What it reported doing in 2024
The italian language foundation, inc. (the "foundation") conducts activities including, but not limited to, promoting the italian language and culture in all american high schools. The foundation is dedicated to reinstating the college board's advanced placement course and examination in italian language and culture available in the united states and internationally. The foundation offers free professional development for teachers of italian in the form of free webinars and workshops; issues awards for excellence which motivate high school students to take the ap italian exam; provides free mentorship, leadership programs, and internships for students of italian; and offers fellowships for college students in the USA who enroll in italian language classes and who meet the ilf eligibility criteria
Operating model
- Revenue model
- Donor-supported. 81% of the money available for current operations came from contributions and gifts.
- 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 a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 24
- Transparency & Controls: 100
- Sustainability: 65
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 26.5%; rating input score 27
- Program expense ratio: 19.9%; rating input score 20
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 18.7%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 3.09; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 3.1% per year; rating input score 100; 57th percentile among comparable filings
- Revenue growth: -3.2% per year; rating input score 0; 39th percentile among comparable filings
- Asset growth: 20% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 26.5% of revenue deployed · 19.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $16K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 27/100.
- High — Financial Efficiency: Program expense ratio scored 20/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.