Overview
What is Istituto Italiano Scuola?
Istituto Italiano Scuola is a nonprofit organization situated in San Francisco, California, specifically at 725 Greenwich Street Suite 202. Their primary mission is to foster the spread of the Italian language and culture by offering Italian language classes and organizing cultural events. The institution serves approximately 300 students, aiming to promote the Italian language and culture beyond Northern California. With a team of 27 dedicated individuals, Istituto Italiano Scuola strives to enrich the lives of those interested in Italian culture and language.
Official website here: www.sfiis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 66%)
Istituto Italiano Scuola has received a rating of Needs Improvement from Charity Navigator, with an overall score of 66%. This rating highlights potential concerns regarding the organization's governance and financial accountability, particularly noting that there are currently no independent board members out of eight, which raises questions about oversight and decision-making processes.
Despite these governance issues, Istituto Italiano Scuola demonstrates a strong commitment to its programs, reflected in a program expense ratio of 81.30%. This suggests that a significant portion of its expenses is directed toward its mission-related activities. Additionally, the organization maintains a low liabilities to assets ratio of 15.98%, indicating a healthy financial position in terms of its asset management.
However, the lack of financial statements and other essential documents on its website may hinder transparency and public trust. While there are policies in place for conflict of interest and whistleblowing, the absence of posted tax forms and independent board members suggests a need for improvement in governance practices. Overall, while the nonprofit is actively engaged in its programs, enhancing its accountability and financial reporting would be beneficial for its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Istituto Italiano Scuola legitimate?
Istituto Italiano Scuola is a legitimate nonprofit organization registered as a 501(c)(3) entity. Istituto Italiano Scuola 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: $73,204
Professional Fundraising Fees: $0
Other Salaries and Wages: $345,238
For more financial information, click here
Official website here: www.sfiis.org
What is the mission statement of Istituto Italiano Scuola?
The Istituto Italiano Scuola is committed to spreading the Italian language and culture. They accomplish this by providing Italian language classes and organizing cultural events. Their mission is to teach the Italian language and promote Italian culture beyond Northern California, with approximately 300 students benefiting from their programs.
Official website here: www.sfiis.org
Who is the CEO of Istituto Italiano Scuola?
Nina Lualdi is the Treasurer of Istituto Italiano Scuola.
Official website here: www.sfiis.org
What is the revenue of Istituto Italiano Scuola?
Istituto Italiano Scuola's revenue in 2022 was $590,075.
Official website here: www.sfiis.org
Who are the executives of Istituto Italiano Scuola and what are their salaries?
The average compensation at Istituto Italiano Scuola during 2022 was $15,498. There are 27 employees at Istituto Italiano Scuola.
Here are 8 key members and their salaries:
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Official website here: www.sfiis.org
Where can I find the form 990 for Istituto Italiano Scuola?
Istituto Italiano Scuola's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sfiis.org
Learn more at the official website: www.sfiis.org
Mission Statement of Istituto Italiano Scuola
Istituto Italiano Scuola, a reputable institution, is committed to fostering the dissemination of the Italian language and culture. It accomplishes this mission by providing Italian language classes and organizing cultural events. The primary objective of Istituto Italiano Scuola is to educate individuals on the Italian language and cultivate an appreciation for Italian culture, extending beyond Northern California. With approximately 300 students, the institution plays a significant role in promoting Italian heritage and traditions, thereby enriching the cultural landscape.
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Impact
July, 2024
Istituto Italiano Scuola's impact lies in its dedication to promoting the spread of the Italian language and culture. By offering Italian classes and organizing cultural events, they engage with approximately 300 students in San Francisco, California. Their mission is to teach the language and promote the culture of Italy in Northern California and beyond, contributing to a deeper appreciation and understanding of Italian arts and heritage.
This information is meant to be a general summary of Istituto Italiano Scuola. 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 2022.
- Investment Income: $4,808
- Program Service Revenue: $578,859
- Gross Receipts: $590,075
Assets and Liabilities:
- Total Assets: $586,681
- Total Liabilities: $93,764
- Net Assets: $492,917
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND WORKSHOPS
Revenue
$578,859
Organization Details
Founding Year
1998
Phone
(415) 788-0242Principal Officer
Nina Lualdi
Main Address
725 GREENWICH ST SUITE 202, SAN FRANCISCO, CA, 94133
Website
www.sfiis.orgNTEE Category
Code: A230 - Arts
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