Maryland State Lodge Sons Of Italy Foundation Inc is located in Perry Hall, MD. The organization was established in 1984. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maryland State Lodge Sons Of Italy Foundation 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 12/2021, Maryland State Lodge Sons Of Italy Foundation Inc generated $19.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $23.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS COLLEGES AND UNIVERSITIES - SCHOLARSHIPS
CHARITABLE CONTRIBUTIONS PAID, SONS OF ITALY FOUNDATION, ALZHEIMERS, COOLEYS ANEMIA, AUTISM, SCHOLARSHIPS
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $6,042 |
Interest on Savings | $1 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $13,672 |
Total Revenue | $19,715 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $9,862 |
Total operating and administrative expenses | $10,762 |
Contributions, gifts, grants paid | $12,775 |
Total expenses and disbursements | $23,537 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,774 |
Savings and temporary cash investments | $10,838 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $17,612 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $4,609 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $6,608 |
Total liabilities | $11,217 |
Over the last fiscal year, Maryland State Lodge Sons Of Italy Foundation Inc has awarded $12,775 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Washington, DC PURPOSE: DONATIONS FOR ITALIAN DISASTER RELIEF AND VARIOUS CHARITABLE PROGRAMS | $7,549 |
VARIOUS COLLEGES AND UNIVERSITIES - SCHOLARSHIPS PURPOSE: SCHOLARSHIPS | $5,226 |
Over the last fiscal year, we have identified 1 grants that Maryland State Lodge Sons Of Italy Foundation Inc has recieved totaling $3,350.
Awarding Organization | Amount |
---|---|
Sons Of Italy In America Perry Hall, MD PURPOSE: TO FUND SCHOLARSHIPS AND OTHER CHARITABLE PROGRAMS | $3,350 |
Organization Name | Assets | Revenue |
---|---|---|
Lynchburg Lodge 715 Loyal Order Of Moose Lynchburg, VA | $1,181,606 | $1,405,839 |
Grand Chapter Of Pennsylvania Order Of The Eastern Star Inc Elizabethtown, PA | $1,833,616 | $1,345,024 |
Womans Club Richmond, VA | $937,761 | $530,480 |
Benevolent & Protective Order Of Elks Of The Usa Severna Park, MD | $519,777 | $762,401 |
Black Men S Xchange National Inc Owings Mills, MD | $286,590 | $465,733 |
Fraternal Order Of Police Sykesville, MD | $2,235,728 | $329,587 |
Benevolent & Protective Order Of Elks Of The Usa Fredericksburg, VA | $1,670,571 | $467,040 |
Elkton Lodge No 851 Loyal Order Of Moose Elkton, MD | $803,012 | $489,690 |
Benevolent & Protective Order Of Elks Of The Usa Edgewater, MD | $2,971,655 | $276,335 |
Harrington Lodge No 534 Loyal Order Of Moose Harrington, DE | $2,615,399 | $347,996 |
Blue Ridge Fellows Program Inc Roanoke, VA | $105,619 | $259,919 |
Fraternal Order Of Eagles Alexandria, VA | $897,570 | $472,246 |