La Scuola D Italia-Guglielmo Marconi
- Assets
- $3.3m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 61
- Location
- New York, NY
- Founding
- 11/1977
- Data as of
- 06/2021
- EIN
- 13-2910511
Organization Overview
La Scuola D Italia-Guglielmo Marconi is located in New York, NY. The organization was established in 1977. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, LA Scuola D Italia-Guglielmo Marconi employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Scuola D Italia-Guglielmo Marconi is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, LA Scuola D Italia-Guglielmo Marconi generated $4.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $5.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL INSTITUITION - BILINGUAL AND BICULTURAL (ITALIAN/ENGLISH) SCHOOL FOR CHILDREN PRE-K THROUGH HIGH SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A COMPLETE BILINGUAL AND BICULTURAL EDUCATION (ITALIAN AND ENGLISH) WHICH CONFORMS TO THE ITALIAN MINISTRY SYSTEM FOR CHILDREN IN GRADES PREK THROUGH 12.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Palandra Head Of School | Officer | 40 | $213,850 |
Massimo F D'angelo ESQ Chairperson | OfficerTrustee | 5 | $0 |
Diego Rodino Di Miglione Vice Chairperson | OfficerTrustee | 5 | $0 |
Allegra Del Balzo ESQ Secretary | OfficerTrustee | 5 | $0 |
William J Miller Jr Treasurer | OfficerTrustee | 5 | $0 |
Charles Adams ESQ Trustee | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chrysalis Management Llc Financial Advisory Consulting | 6/29/17 | $272,699 |
Kisna Office Cleaning Service Corp Cleaning Services | 6/29/17 | $129,185 |
Alston & Bird Llp Legal | 6/29/17 | $299,188 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $218,230 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $218,230 |
| Total Program Service Revenue | $3,926,450 |
| Investment income | $373 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,865,428 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $213,850 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,666,941 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $274,766 |
| Payroll taxes | $218,894 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $168,417 |
| Advertising and promotion | $64,276 |
| Office expenses | $37,173 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,123 |
| Travel | $10,297 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $982 |
| Interest | $1,072,477 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $124,455 |
| Insurance | $75,588 |
| All other expenses | -$10,136 |
| Total functional expenses | $5,324,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,976,931 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $58,032 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $123,007 |
| Net Land, buildings, and equipment | $1,119,152 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,332 |
| Total assets | $3,298,454 |
| Accounts payable and accrued expenses | $1,516,234 |
| Grants payable | $0 |
| Deferred revenue | $890,788 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $21,921,340 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $24,328,362 |
| Net assets without donor restrictions | -$21,029,908 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,298,454 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that La Scuola D Italia-Guglielmo Marconi has recieved totaling $106,504.
| Awarding Organization | Amount |
|---|---|
Dalio Family Fund Inc Westport, CT PURPOSE: TO SUPPORT GENERAL OPERATIONS | $100,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $6,008 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $496 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Executive Education Academy Charter School Allentown, PA | $63,584,076 | $23,169,797 |
Foundation Academy Charter School Trenton, NJ | $16,120,573 | $21,345,321 |
Albany Academy Albany, NY | $58,726,077 | $27,181,105 |
Elisabeth Morrow School Englewood, NJ | $43,835,854 | $20,290,882 |
Yeshiva Ktana Of Passaic Passaic, NJ | $33,764,196 | $20,538,079 |
Cambridge School Of Weston Inc Weston, MA | $57,046,494 | $20,616,161 |
Franklintown Charter High School Philadelphia, PA | $47,616,708 | $24,090,071 |
Nichols School Of Buffalo Buffalo, NY | $102,003,479 | $42,213,694 |
Yeshiva Shaare Torah Inc Brooklyn, NY | $32,363,623 | $20,724,747 |
Yeshivat Heatid Inc Teaneck, NJ | $17,160,980 | $19,921,065 |
Ideal School Of Manhattan New York, NY | $22,538,816 | $19,239,739 |
Peck School Morristown, NJ | $71,516,691 | $18,101,005 |