Civic Intelligence

Casit Inc

EIN 04-3407305 • 501(c)3 • Wakefield, MA

Profile

To promote the study of the Italian language.

545 Salem Street No 1Wakefield, MA 01880

www.casit.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

56th percentile

4.6%

Higher net margin than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

72nd percentile

14%

Faster asset growth than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

4th percentile

-97%

Faster revenue growth than 4% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$4,300

Up $535 (+14%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Up

$4,300

Up $535 (+14%) from 2019

Operations
Liabilities / Revenue61st percentileNet Margin56th percentile

Revenue

Down

$11,675

Down $422,250 (-97%) from 2019

Expenses

Down

$11,140

Down $302,776 (-96%) from 2019

Net Income

Down

$535

Down $119,474 (-100%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth72nd percentile

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

$200K$100K$0-$100K-$200KAssets 2010: $3,993Liabilities 2010: $0Net Assets 2010: $3,9932010Assets 2011: $1,481Liabilities 2011: $0Net Assets 2011: $1,4812011Assets 2012: $90,789Liabilities 2012: $0Net Assets 2012: $90,7892012Assets 2013: $15,860Liabilities 2013: $0Net Assets 2013: $15,8602013Assets 2014: $33,315Liabilities 2014: $0Net Assets 2014: $33,3152014Assets 2015: $66,246Liabilities 2015: $0Net Assets 2015: $66,2462015Assets 2016: $28,434Liabilities 2016: $0Net Assets 2016: $28,4342016Assets 2017: $7,622Liabilities 2017: $10,080Net Assets 2017: -$2,4582017Assets 2018: $4,950Liabilities 2018: $121,194Net Assets 2018: -$116,2442018Assets 2019: $3,765Liabilities 2019: $0Net Assets 2019: $3,7652019Assets 2020: $4,300Liabilities 2020: $0Net Assets 2020: $4,3002020

Highlighted filing

2020

Assets$4,300
Liabilities$0
Net Assets$4,300
Open 2020 Filing

Operations Trend

Revenue Growth4th percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $393,1552010Revenue 2011: $362,466Expenses 2011: $364,978Net Income 2011: -$2,5122011Expenses 2012: $357,6972012Revenue 2013: $489,966Expenses 2013: $564,895Net Income 2013: -$74,9292013Revenue 2014: $378,067Expenses 2014: $360,612Net Income 2014: $17,4552014Revenue 2015: $375,311Expenses 2015: $342,380Net Income 2015: $32,9312015Revenue 2016: $359,881Expenses 2016: $397,693Net Income 2016: -$37,8122016Revenue 2017: $407,829Expenses 2017: $438,721Net Income 2017: -$30,8922017Revenue 2018: $278,622Expenses 2018: $392,408Net Income 2018: -$113,7862018Revenue 2019: $433,925Expenses 2019: $313,916Net Income 2019: $120,0092019Revenue 2020: $11,675Expenses 2020: $11,140Net Income 2020: $5352020

Highlighted filing

2020

Revenue$11,675
Expenses$11,140
Net Income$535
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,300
Liabilities
$0
Net assets
$4,300
Revenue
$11,675
Expenses
$11,140
Net income
$535
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.12$0.11$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$4.34$3.14$1.20
2018Detailed filing. Detailed filing data is available for this year.$0.05$1.21$1.16$2.79$3.92$1.14
2017Detailed filing. Detailed filing data is available for this year.$0.08$0.10$0.02$4.08$4.39$0.31
2016Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$3.60$3.98$0.38
2015Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$3.75$3.42$0.33
2014Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$3.78$3.61$0.17
2013Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$4.90$5.65$0.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.00$0.91$3.58
2011Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$3.62$3.65$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$3.93
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$11,675
Mission and Program Overview

Mission

To promote the study of the Italian language.

Program Services

DescriptionGrantsExpenses
The program teaches the Italian language to children and adults through programs run by the organization.$0$0
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Adelaide GuarracinoPresident-$0--
Maria Giaconda MottaDirector-$0--
Adelaide GuarracinoTreasurer-$0--
Rosalba SchinoClerk-$0--
Filing and Contact Details

Filer

Filer Name
CASIT Inc
EIN
04-3407305
Phone
6176230532
Address
545 Salem Street No 1, Wakefield, MA 01880

Signing Officer

Name
Adelaide Guarracino
Title
Treasurer
Phone
7812240532
Signed
2021-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Crr Llp
Address
545 Salem Street, Wakefield, MA 01880
Preparer
John F Rizzo CPA
Phone
7812797788
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 14

“Description: Depreciation. Amount: 954. Description: Other Expenses. Amount: 3,500. Total to Form 990-EZ, line 14: 4,454.”

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: Telephone. Amount: 375. Description: Supplies. Amount: 393. Total to Form 990-EZ, line 16: 768.”

Form 990-EZ, Part II, Line 24 - Other Assets

“Description: Other Depreciable Assets. Beg. of Year Amount: 3,594. End of Year Amount: 2,640.”

Raw XML Appendix153 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Adelaid Guarracino
IRS990EZ/BooksInCareOfDetail/PhoneNum06176230532
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0545 Salem St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Wakefield
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001880
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0171
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01660
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt025
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
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IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt04300
IRS990EZ/GrossReceiptsAmt011675
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03765
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04300
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03765
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04300
IRS990EZ/OccupancyRentUtltsAndMaintAmt04454
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Adelaide Guarracino
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Maria Giaconda Motta
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Adelaide Guarracino
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Rosalba Schino
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Clerk
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03594
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02640
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0768
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To promote the study of the Italian language.
IRS990EZ/ProgramServiceRevenueAmt011650
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The program teaches the Italian language to children and adults through programs run by the organization.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt011140
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt011675
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.casit.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt025
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0418950
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0250456
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0424472
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0333041
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01426944
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0102111
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01426944
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt025
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0418950
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0250456
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0424472
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0333041
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01426944
IRS990ScheduleA/TotalSupportAmt01426944
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Depreciation. Amount: 954. Description: Other Expenses. Amount: 3,500. Total to Form 990-EZ, line 14: 4,454.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Telephone. Amount: 375. Description: Supplies. Amount: 393. Total to Form 990-EZ, line 16: 768.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Other Depreciable Assets. Beg. of Year Amount: 3,594. End of Year Amount: 2,640.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24 - Other Assets
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Adelaide Guarracino
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07812240532
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CASIT Inc
ReturnHeader/Filer/BusinessNameControlTxt0CASI
ReturnHeader/Filer/EIN0043407305
ReturnHeader/Filer/PhoneNum06176230532
ReturnHeader/Filer/USAddress/AddressLine1Txt0545 Salem Street No 1
ReturnHeader/Filer/USAddress/CityNm0Wakefield
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001880
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043257840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CRR LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0545 Salem Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Wakefield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001880
ReturnHeader/PreparerPersonGrp/PhoneNum07812797788
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0John F Rizzo CPA
ReturnHeader/ReturnTs02021-11-15T10:14:08-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Adelaide
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Guarracino
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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