Italian School Nj Inc is located in Mountain Lakes, NJ. The organization was established in 2013. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Italian School NJ Inc 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 06/2022, Italian School NJ Inc generated $147.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $135.7k during the year ending 06/2022. While expenses have increased by 13.8% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
ITALIAN SCHOOL NJ MISSION IS TO CREATE AN ENCOURAGING ENVIRONMENT TO LEARN THE ITALIAN LANGUAGE BY PROVIDING SMALL CLASSROOM SIZES AND INDIVIDUAL ATTENTION TO ALL STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Natalia Bernini Carri Vice President | 25 | $9,000 | |
Marilisa Zanarella President | 25 | $9,000 | |
John Clements Secretary | 25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $139,735 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $8,000 |
Total Revenue | $147,735 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $73,978 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $23,019 |
Printing, publications, postage, and shipping | $5,416 |
Other expenses | $33,284 |
Total expenses | $135,697 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $36,176 |
Other assets | $0 |
Total assets | $36,433 |
Total liabilities | $5,814 |
Net assets or fund balances | $30,619 |
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