Civic Intelligence

Italian Aid Society Inc

EIN 03-0213653 • 501(c)7 • Rutland, VT

Profile

Social club / fraternal organization

PO Box 6491Rutland, VT 05701

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Net Margin

58th percentile

5.4%

Higher net margin than 58% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

55th percentile

2.3%

Faster asset growth than 55% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

25%

Faster revenue growth than 81% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$266,679

Up $6,100 (+2.3%) from 2023

Liabilities

Up

$2,438

Up $82 (+3.5%) from 2023

Net Assets

Up

$264,241

Up $6,018 (+2.3%) from 2023

Operations
Liabilities / Revenue69th percentileNet Margin58th percentile

Revenue

Up

$111,420

Up $22,210 (+25%) from 2023

Expenses

Up

$105,402

Up $7,648 (+7.8%) from 2023

Net Income

Up

$6,018

Up $14,562 (+170%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth55th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $257,472Liabilities 2011: $2,8392011Assets 2012: $252,440Liabilities 2012: $2,4282012Assets 2013: $251,738Liabilities 2013: $2,3752013Assets 2014: $258,514Liabilities 2014: $2,7712014Assets 2015: $266,653Liabilities 2015: $2,444Net Assets 2015: $264,2092015Assets 2016: $263,996Liabilities 2016: $2,520Net Assets 2016: $261,4762016Assets 2017: $281,279Liabilities 2017: $16,694Net Assets 2017: $264,5852017Assets 2018: $280,247Liabilities 2018: $13,130Net Assets 2018: $267,1172018Assets 2019: $274,668Liabilities 2019: $3,714Net Assets 2019: $270,9542019Assets 2020: $283,559Liabilities 2020: $2,558Net Assets 2020: $281,0012020Assets 2021: $275,403Liabilities 2021: $2,902Net Assets 2021: $272,5012021Assets 2022: $270,831Liabilities 2022: $4,064Net Assets 2022: $266,7672022Assets 2023: $260,579Liabilities 2023: $2,356Net Assets 2023: $258,2232023Assets 2024: $266,679Liabilities 2024: $2,438Net Assets 2024: $264,2412024

Highlighted filing

2024

Assets$266,679
Liabilities$2,438
Net Assets$264,241
Open 2024 Filing

Operations Trend

Revenue Growth81st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $101,325Expenses 2011: $101,129Net Income 2011: $1962011Revenue 2012: $101,834Expenses 2012: $106,455Net Income 2012: -$4,6212012Revenue 2013: $89,710Expenses 2013: $90,359Net Income 2013: -$6492013Revenue 2014: $107,522Expenses 2014: $101,025Net Income 2014: $6,4972014Revenue 2015: $113,204Expenses 2015: $104,738Net Income 2015: $8,4662015Revenue 2016: $98,696Expenses 2016: $101,429Net Income 2016: -$2,7332016Revenue 2017: $99,243Expenses 2017: $96,134Net Income 2017: $3,1092017Revenue 2018: $103,772Expenses 2018: $101,240Net Income 2018: $2,5322018Revenue 2019: $100,548Expenses 2019: $96,711Net Income 2019: $3,8372019Revenue 2020: $76,460Expenses 2020: $66,413Net Income 2020: $10,0472020Revenue 2021: $72,646Expenses 2021: $81,146Net Income 2021: -$8,5002021Revenue 2022: $94,117Expenses 2022: $99,851Net Income 2022: -$5,7342022Revenue 2023: $89,210Expenses 2023: $97,754Net Income 2023: -$8,5442023Revenue 2024: $111,420Expenses 2024: $105,402Net Income 2024: $6,0182024

Highlighted filing

2024

Revenue$111,420
Expenses$105,402
Net Income$6,018
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$266,679
Liabilities
$2,438
Net assets
$264,241
Revenue
$111,420
Expenses
$105,402
Net income
$6,018
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.67$0.02$2.64$1.11$1.05$0.06
2023Detailed filing. Detailed filing data is available for this year.$2.61$0.02$2.58$0.89$0.98$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.71$0.04$2.67$0.94$1.00$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.75$0.03$2.73$0.73$0.81$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.84$0.03$2.81$0.76$0.66$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.75$0.04$2.71$1.01$0.97$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.80$0.13$2.67$1.04$1.01$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.81$0.17$2.65$0.99$0.96$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.64$0.03$2.61$0.99$1.01$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.67$0.02$2.64$1.13$1.05$0.08
2014Summary only. Only limited summary data is available for this year.$2.59$0.03$1.08$1.01$0.06
2013Summary only. Only limited summary data is available for this year.$2.52$0.02$0.90$0.90$0.01
2012Summary only. Only limited summary data is available for this year.$2.52$0.02$1.02$1.06$0.05
2011Summary only. Only limited summary data is available for this year.$2.57$0.03$1.01$1.01$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$138,614
Mission and Program Overview

Mission

Social club / fraternal organization

Program Services

DescriptionGrantsExpenses
SOCIAL CLUB/FRATERNAL ORGANIZATION PROVIDING SCHOLARSHIPS TO STUDENTS--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HUGH B SPAFFORDDirector-$0--
RICHARD D WALKERTreasurerPT$0--
CHARLES POPOVITCHSecretary-$0--
CHUCK MCGANNPresident-$0--
DERMOT HUGHESVice President-$0--
SCOTT TAGGARTDirector-$0--
ROY LEWISDirector-$0--
STEVE GRIMEDirector-$0--
JEFF DAHLINDirector-$0--
BILL ACKLEYDirector-$0--
MIKE GRAVELLE JRDirector-$0--
Filing and Contact Details

Filer

Filer Name
Italian Aid Society Inc
EIN
03-0213653
Address
PO BOX 6491, RUTLAND, VT 05701

Signing Officer

Name
Richard D Walker
Title
Treasurer
Signed
2025-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Sanborn Tuepker Associates Pc
Address
43 Crescent Street, Rutland, VT 05701
Preparer
Randee Lindholm
Phone
8027751984
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $800”

Other Expenses.1009

“Depreciation $891”

Other Expenses.1012

“Insurance $6390”

Other Expenses.1

“Rooms and Meals Tax - VT $8241”

Other Expenses.2

“Licenses & fees $1377”

Other Expenses.3

“Bank charges $158”

Other Assets.1010

“Inventories - Beginning $3959 Inventories - Ending $2876”

Total Liabilities.1

“Payroll Liability - Beginning $1554 Payroll Liability - Ending $1582”

Total Liabilities.2

“Rooms and Meals - Beginning $802 Rooms and Meals - Ending $856”

Raw XML Appendix160 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0RICHARD WALKER
IRS990EZ/BooksInCareOfDetail/PhoneNum08027736808
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 6491
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RUTLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd005701
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt026241
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt034315
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05190
IRS990EZ/CostOfGoodsSoldAmt024724
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt06018
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01106
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0260579
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0266679
IRS990EZ/FundraisingGrossIncomeAmt02400
IRS990EZ/GrantsAndSimilarAmountsPaidAmt03000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt0103532
IRS990EZ/GrossReceiptsAmt0138614
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt0128256
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt02768
IRS990EZ/LandAndBuildingsGrp/BOYAmt0230379
IRS990EZ/LandAndBuildingsGrp/EOYAmt0229488
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0258223
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0264241
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0258223
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0264241
IRS990EZ/OccupancyRentUtltsAndMaintAmt030971
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt18.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt34.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HUGH B SPAFFORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICHARD D WALKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHARLES POPOVITCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHUCK MCGANN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DERMOT HUGHES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5SCOTT TAGGART
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ROY LEWIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7STEVE GRIME
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8JEFF DAHLIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9BILL ACKLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10MIKE GRAVELLE JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0true
IRS990EZ/OrganizationHadUBIInd0true
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03959
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02876
IRS990EZ/OtherExpensesTotalAmt017857
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SOCIAL CLUB / FRATERNAL ORGANIZATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SOCIAL CLUB/FRATERNAL ORGANIZATION PROVIDING SCHOLARSHIPS TO STUDENTS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt052468
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt02470
IRS990EZ/SpecialEventsNetIncomeLossAmt0-70
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02356
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02438
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0105402
IRS990EZ/TotalRevenueAmt0111420
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $891
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $6390
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Rooms and Meals Tax - VT $8241
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Licenses & fees $1377
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank charges $158
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Inventories - Beginning $3959 Inventories - Ending $2876
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Payroll Liability - Beginning $1554 Payroll Liability - Ending $1582
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Rooms and Meals - Beginning $802 Rooms and Meals - Ending $856
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Assets.1010
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.2
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD D WALKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ITALIAN AID SOCIETY INC
ReturnHeader/Filer/BusinessNameControlTxt0ITAL
ReturnHeader/Filer/EIN0030213653
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 6491
ReturnHeader/Filer/USAddress/CityNm0RUTLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005701
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030332596
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SANBORN TUEPKER ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt043 Crescent Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Rutland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd005701
ReturnHeader/PreparerPersonGrp/PhoneNum08027751984
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RANDEE LINDHOLM
ReturnHeader/ReturnTs02025-05-14T08:56:51-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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