Overview
What is Italian Historical Society Of Ameri?
The Italian Historical Society of America, situated in Brooklyn, New York, is a 501(c)(3) nonprofit organization. Their primary objective is to extend financial aid to various needy organizations. This society, dedicated to its mission, aims to support those in need through its charitable contributions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, 60%
The Italian Historical Society of America has received a Two-Star out of Four Star rating from Charity Navigator, reflecting a need for improvement in several key accountability and finance areas. While the organization has achieved a perfect score for having a majority of independent board members and a strong liabilities to assets ratio, it fell short in critical governance practices, such as lacking a conflict of interest policy and not posting required documents on its website.
The organization's financial health appears satisfactory with a program expense ratio that indicates a good portion of funds are allocated towards its mission-driven activities. However, the absence of transparency regarding board oversight and policies raises concerns about its governance. This could affect donor trust and the overall effectiveness of the nonprofit.
Overall, while the Italian Historical Society of America has strengths in certain financial metrics, significant gaps in accountability practices and transparency must be addressed to enhance its rating and foster greater confidence among supporters and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Italian Historical Society Of Ameri legitimate?
Italian Historical Society Of Ameri is a legitimate nonprofit organization registered as a 501(c)(3) entity. Italian Historical Society Of Ameri submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Italian Historical Society Of Ameri?
The Italian Historical Society of America, being a 501(c)(3) nonprofit, is dedicated to a mission of providing financial aid to organizations in need. This organization seeks to make a difference by distributing funds to organizations that require financial assistance. The society's mission is centered around support, aiming to alleviate the financial burdens of various organizations.
What is the revenue of Italian Historical Society Of Ameri?
Italian Historical Society Of Ameri's revenue in 2021 was $13,694.
Who are the executives of Italian Historical Society Of Ameri and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Italian Historical Society Of Ameri?
Italian Historical Society Of Ameri's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Italian Historical Society Of Ameri
The Italian Historical Society of America, a recognized 501(c)(3) nonprofit organization, is dedicated to a noble cause. Its mission is centered around providing financial aid to various needy organizations. By undertaking this mission, the society seeks to contribute positively to the community, offering support where it's needed most. This nonprofit organization's primary goal is to make a difference by distributing funds to organizations in need, thereby contributing to their continued operations and services.
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Impact
August, 2024
The Italian Historical Society of America, based in Brooklyn, NY, has made a significant impact through its philanthropic efforts to provide funds for needy organizations. This support has likely benefited various community groups, non-profits, and individuals in need, contributing to positive outcomes and strengthening local communities. The society's focus on assisting these organizations demonstrates their commitment to giving back and making a difference in the lives of others.
This information is meant to be a general summary of Italian Historical Society Of Ameri. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Gross Receipts: $13,694
Assets and Liabilities:
- Total Assets: $5,283
- Total Liabilities: $0
- Net Assets: $5,283
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Organization Details
Founding Year
1968
Principal Officer
John Lacorte
NTEE Category
Code: T30 - Philanthropy
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