Civic Intelligence

C a S IT Inc

990 • Fiscal year 2018 • EIN 04-3407305

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

Organization Profilewww.casit.org
37 Water Street No 4Wakefield, MA 01880

(617) 623-0532

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

24.48x

Higher debt load relative to assets than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

92nd percentile

0.43x

Higher debt load relative to revenue than 92% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

10th percentile

-41%

Higher net margin than 10% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

80th percentile

$10,300

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

13th percentile

-35%

Faster asset growth than 13% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

16th percentile

-32%

Faster revenue growth than 16% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$4,950

Down $2,672 (-35%) from 2017

Net Assets

Down

-$116,244

Down $113,786 (-4629%) from 2017

Liabilities

Up

$121,194

Up $111,114 (+1102%) from 2017

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin10th percentile

Revenue

Down

$278,622

Down $129,207 (-32%) from 2017

Expenses

Down

$392,408

Down $46,313 (-11%) from 2017

Net Income

Down

-$113,786

Down $82,894 (-268%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2018

Assets$4,950
Liabilities$121,194
Net Assets-$116,244
Open 2018 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income across loaded years, with this 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

2018

Revenue$278,622
Expenses$392,408
Net Income-$113,786
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$278,622
Mission and Program Overview

Mission

To promote the study of the Italian language.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,207$0▼ $6,207
Land, Buildings, and Equipment, Net$1,415$4,950▲ $3,535
Total Assets$7,622$4,950▼ $2,672
Liabilities
Other Liabilities$10,080$121,194▲ $111,114
Total Liabilities$10,080$121,194▲ $111,114
Net Assets / Fund Balance
Unrestricted Net Assets$-2,458$-116,244▼ $113,786
Total Net Assets Fund Balance$-2,458$-116,244▼ $113,786
Total Liabilities and Net Assets / Fund Balance$7,622$4,950▼ $2,672

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,950$13,365$18,315
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Adelaide GuarracinoFormer TreasurerPT$10,300$10,300
Antonella CasalePresidentPT$10,200$10,200
Maria Giaconda MottaDirectorPT$5,200$5,200

Board Members and Trustees

NameTitle
Enrico VietriVice President
Francesco FragassoVice President
Rosalba SchinoClerk
Gisella Di PaolaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$232,666
Program Service Revenue
$28,166
Investment Income
$0
Other Revenue
$17,790
All Other Contributions
$13,825
Change in Net Assets
$-113,786
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$271,261
Other Expenses$95,447
Salaries, Compensation, and Employee Benefits$25,700
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$271,261--$271,261
Current Officers, Directors, Trustees, and Key Employees$10,266$15,434-$25,700
Occupancy-$25,500-$25,500
Office Expenses-$7,873-$7,873
Fees for Services Accounting-$3,760-$3,760
Conferences and Meetings-$2,254-$2,254
Advertising-$2,053-$2,053
Other Expenses$18,698$1,512-$1,512
Depreciation Depletion-$865-$865
Fees for Services Legal-$509-$509
All Other Expenses-$191-$191
Total Functional Expenses$328,212$64,196$0$392,408
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Medford Public SchoolsMedford, MA-To promote the study of the Italian language$54,130
Eliot Elementary SchoolBoston, MA-To promote the study of the Italian language$30,000
Winchester Public SchoolsWinchester, MA-To promote the study of the Italian language$30,000
John F Kennedy Middle SchoolWaltham, MA-To promote the study of the Italian language$12,000
Our Lady's AcademyWaltham, MA-To promote the study of the Italian language$12,000
St John School - BostonBoston, MA-To promote the study of the Italian language$12,000
St Mary's SchoolWinchester, MA-To promote the study of the Italian language$12,000
Arlington Catholic High SchoolArlington, MA-To promote the study of the Italian language$10,000
Arlington High SchoolArlington, MA-To promote the study of the Italian language$10,000
Ecco ProgramBoston, MA-To promote the study of the Italian language$10,000
Stoneham Public SchoolStoneham, MA-To promote the study of the Italian language$10,000
Revere Public SchoolRevere, MA-To promote the study of the Italian language$5,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,790
Fundraising Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner Fundraiser$17,790$17,790-$17,790
Total Events$17,790$17,790-$17,790
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Adelaide GuarracinoOfficer of the organization, who also owns 50% of a bookkeeping company.Independent contractor arrangement for bookkeeping services.No$10,300
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Cash Overdraft$121,194
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“The Organization is organized as a non-stock, not-for-profit entity.”

Form 990, Part VI, Section A, line 7A

“The members elect members of the Board of Directors by secret ballot. Elections are held annually at the organization's General Assembly. The term of each board position varies from one to three years each in order to stagger the turnover of members from year to year.”

Form 990, Part VI, Section A, line 7B

“Certain decisions that may broadly affect the organization may be subject to approval by the general membership, but the majority of decisions are at the descretion of the elected board members.”

Form 990, Part VI, Section B, line 11B

“The Form 990 is presented to and reviewed by management and the Board of Directors prior to the return being filed.”

Form 990, Part VI, Section C, line 19

“The public may access the organization's governing documents and financial statements by requesting them from the organziation via its website, www.casit.org or by mail. These documents are also available for public inspection at the Massachusetts Attorney General website.”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“Antonella Casale - 37 Water Street, Wakefield, MA 01880. Rosalba Schino - 37 Water Street, Wakefield, MA 01880. Enrico Vietri - 37 Water Street, Wakefield, MA 01880. Maria Giaconda Motta - 15 Rich Road, Woburn, MA 01801. Adelaide Guarracino - 14 Barlett's Reach, Amesbury, MA 01913. Gisella Di Paola - 168 Hancock Street, Everett, MA 02149.”

Filing and Contact Details

Filer

Filer Name
CASIT Inc
EIN
04-3407305
Phone
6176230532
Address
37 Water Street No 4, Wakefield, MA 01880

Signing Officer

Name
Adelaide Guarracino
Title
Treasurer
Phone
7812240532
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adelaide Guarracino
Formed
1998
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

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

Additional Explanations

Form 990, Part XII, Line 2C:

“There have been no changes to the organizations oversight or selection processes.”

Financial Statement Notes

Part X, Line 2:

“Management has evaluated significant tax positions against the criteria established by professional standards and believes there are no such tax positions requiring accounting recognition in the financial statements. Management does not believe its evaluation of tax positions will significantly change within twelve months of December 31, 2018. Any changes in tax positions will be recorded when the ultimate outcomes become known. The Organization's information returns are subject to examination by taxing authorities generally for the years ended December 31, 2018, 2017 and 2016.”

Raw XML AppendixShowing 400 of 485 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.

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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0424472
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0333041
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0346683
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0373891
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01728543
IRS990ScheduleA/TotalSupportAmt01728543
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04950
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013365
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018315
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0121194
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Cash Overdraft
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Management has evaluated significant tax positions against the criteria established by professional standards and believes there are no such tax positions requiring accounting recognition in the financial statements. Management does not believe its evaluation of tax positions will significantly change within twelve months of December 31, 2018. Any changes in tax positions will be recorded when the ultimate outcomes become known. The Organization's information returns are subject to examination by taxing authorities generally for the years ended December 31, 2018, 2017 and 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04950
IRS990ScheduleD/TotalLiabilityAmt0121194
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Dinner Fundraiser
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt017790
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt017790
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt017790
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt017790
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt017790
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt054130
IRS990ScheduleI/RecipientTable/CashGrantAmt130000
IRS990ScheduleI/RecipientTable/CashGrantAmt230000
IRS990ScheduleI/RecipientTable/CashGrantAmt312000
IRS990ScheduleI/RecipientTable/CashGrantAmt412000
IRS990ScheduleI/RecipientTable/CashGrantAmt512000
IRS990ScheduleI/RecipientTable/CashGrantAmt65000
IRS990ScheduleI/RecipientTable/CashGrantAmt710000
IRS990ScheduleI/RecipientTable/CashGrantAmt810000
IRS990ScheduleI/RecipientTable/CashGrantAmt910000
IRS990ScheduleI/RecipientTable/CashGrantAmt1012000
IRS990ScheduleI/RecipientTable/CashGrantAmt1110000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Medford Public Schools
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Winchester Public Schools
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Eliot Elementary School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3St John School - Boston
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4St Mary's School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5Our Lady's Academy
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6Revere Public School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7Stoneham Public School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8Arlington High School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9Ecco Program
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10John F Kennedy Middle School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11Arlington Catholic High School
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0489 Winthrop Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1154 Horn Pond Brook Road
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt216 Charter School
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt39 Moon Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4162 Washington Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5920 Trapelo Road
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6101 School Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7149 Franklin Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8869 Massachusetts Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt916 Charter School
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt10655 Lexington Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1116 Medford Street
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Medford
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Winchester
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Boston
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Boston
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Winchester
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Waltham
IRS990ScheduleI/RecipientTable/USAddress/CityNm6Revere
IRS990ScheduleI/RecipientTable/USAddress/CityNm7Stoneham
IRS990ScheduleI/RecipientTable/USAddress/CityNm8Arlington
IRS990ScheduleI/RecipientTable/USAddress/CityNm9Boston
IRS990ScheduleI/RecipientTable/USAddress/CityNm10Waltham
IRS990ScheduleI/RecipientTable/USAddress/CityNm11Arlington
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd10MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd11MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002155
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd101890
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd202113
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd302113
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd401890
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd502452
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd602151
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd702180
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd802476
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd902113
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1002452
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1102474
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0CASIT keeps records of all grants (requests and given) for each recipient. The primary requirement for eligibility is that classes in Italian language be part of the school's daily curriculum (not an "after school" program). The quality of the program and the total student outreach per school (number of students) are some of the key criteria we use in evaluating the schools as well. For those schools that receive our grants, we obtain "teacher forms" that contain details on total students taught, total hours taught and total funds contributed by the school for the Italian program. The Executive Board meets several times a year to review the grant approved to CASIT by the Italian Government and evaluate the schools and their grant requests. The Educational Director for the Consul General of Italy also participates in these meetings and in the grant decision making process.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Adelaide Guarracino
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Officer of the organization, who also owns 50% of a bookkeeping company.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt010300
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Independent contractor arrangement for bookkeeping services.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization is organized as a non-stock, not-for-profit entity.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The members elect members of the Board of Directors by secret ballot. Elections are held annually at the organization's General Assembly. The term of each board position varies from one to three years each in order to stagger the turnover of members from year to year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Certain decisions that may broadly affect the organization may be subject to approval by the general membership, but the majority of decisions are at the descretion of the elected board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Form 990 is presented to and reviewed by management and the Board of Directors prior to the return being filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The public may access the organization's governing documents and financial statements by requesting them from the organziation via its website, www.casit.org or by mail. These documents are also available for public inspection at the Massachusetts Attorney General website.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Antonella Casale - 37 Water Street, Wakefield, MA 01880. Rosalba Schino - 37 Water Street, Wakefield, MA 01880. Enrico Vietri - 37 Water Street, Wakefield, MA 01880. Maria Giaconda Motta - 15 Rich Road, Woburn, MA 01801. Adelaide Guarracino - 14 Barlett's Reach, Amesbury, MA 01913. Gisella Di Paola - 168 Hancock Street, Everett, MA 02149.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6There have been no changes to the organizations oversight or selection processes.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VII Contact Addresses for Officers, Directors, Etc
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XII, Line 2c:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,950
Liabilities
$121,194
Net assets
-$116,244
Revenue
$278,622
Expenses
$392,408
Net income
-$113,786
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