Solon Italian Club Foundation
- Assets
- $333.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Solon, OH
- Founding
- 06/2011
- Data as of
- 06/2023
- EIN
- 36-4679406
Organization Overview
Solon Italian Club Foundation is located in Solon, OH. The organization was established in 2011. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solon Italian Club Foundation 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 06/2023, Solon Italian Club Foundation generated $36.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $36.6k during the year ending 06/2023. While expenses have increased by 9.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE SCHOLARSHIPS TO LOCAL HIGH SCHOOL STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Romeo President | 10 | $0 | |
Michael Dicarro Treasurer | 10 | $0 | |
Al Giammaria Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,576 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $29,937 |
| Other Revenue | $0 |
| Total Revenue | $36,013 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $350 |
| Occupancy, rent, utilities, and maintenance | $2,409 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,385 |
| Total expenses | $36,644 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $333,029 |
| Other assets | $0 |
| Total assets | $333,029 |
| Total liabilities | $0 |
| Net assets or fund balances | $333,029 |