Civic Intelligence

Naples Italian American Club Foundation Inc

990 • Fiscal year 2014 • EIN 20-5045417

Jul 01, 2013 to Jun 30, 2014 • Filed on May 18, 2015

7035 Airport Road North34109

(239) 597-5210

Siviq Scores

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

Liabilities / Assets

54th percentile

0.07x

Higher debt load relative to assets than 54% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

73rd percentile

0.21x

Higher debt load relative to revenue than 73% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

88th percentile

38%

Higher net margin than 88% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

65th percentile

8.4%

Faster asset growth than 65% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

35th percentile

-1.9%

Faster revenue growth than 35% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2014

Assets

Flat

$922,402

Flat from 2014

Net Assets

Flat

$860,057

Flat from 2014

Liabilities

Flat

$62,345

Flat from 2014

Revenue

Flat

$297,538

Flat from 2014

Expenses

Flat

$184,701

Flat from 2014

Net Income

Flat

$112,837

Flat from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,515,904Liabilities 2010: $58,588Net Assets 2010: $1,457,3162010Assets 2012: $1,718,922Liabilities 2012: $120,505Net Assets 2012: $1,598,4172012Assets 2013: $851,282Liabilities 2013: $65,884Net Assets 2013: $785,3982013Assets 2014: $922,402Liabilities 2014: $62,345Net Assets 2014: $860,0572014Assets 2014: $922,402Liabilities 2014: $62,345Net Assets 2014: $860,0572014Assets 2015: $1,004,621Liabilities 2015: $87,946Net Assets 2015: $916,6752015Assets 2016: $1,098,900Liabilities 2016: $45,142Net Assets 2016: $1,053,7582016Assets 2017: $1,042,267Liabilities 2017: $27,650Net Assets 2017: $1,014,6172017Assets 2018: $981,041Liabilities 2018: $22,233Net Assets 2018: $958,8082018Assets 2019: $965,038Liabilities 2019: $27,094Net Assets 2019: $937,9442019Assets 2020: $925,754Liabilities 2020: $37,949Net Assets 2020: $887,8052020Assets 2021: $958,209Liabilities 2021: $51,725Net Assets 2021: $906,4842021Assets 2022: $918,035Liabilities 2022: $58,086Net Assets 2022: $859,9492022Assets 2023: $866,218Liabilities 2023: $6,270Net Assets 2023: $859,9482023Assets 2025: $984,258Liabilities 2025: $21,881Net Assets 2025: $962,3772025

Highlighted filing

2014

Assets$922,402
Liabilities$62,345
Net Assets$860,057

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $193,3282010Revenue 2012: $309,316Expenses 2012: $248,509Net Income 2012: $60,8072012Expenses 2013: $1,146,8532013Revenue 2014: $297,538Expenses 2014: $184,701Net Income 2014: $112,8372014Revenue 2014: $297,538Expenses 2014: $184,701Net Income 2014: $112,8372014Revenue 2015: $262,505Expenses 2015: $213,058Net Income 2015: $49,4472015Revenue 2016: $342,225Expenses 2016: $205,142Net Income 2016: $137,0832016Revenue 2017: $207,940Expenses 2017: $247,402Net Income 2017: -$39,4622017Revenue 2018: $277,794Expenses 2018: $331,086Net Income 2018: -$53,2922018Revenue 2019: $172,506Expenses 2019: $199,747Net Income 2019: -$27,2412019Revenue 2020: $156,569Expenses 2020: $206,507Net Income 2020: -$49,9382020Revenue 2021: $158,903Expenses 2021: $155,185Net Income 2021: $3,7182021Revenue 2022: $171,526Expenses 2022: $201,980Net Income 2022: -$30,4542022Revenue 2023: $256,537Expenses 2023: $312,677Net Income 2023: -$56,1402023Revenue 2025: $273,819Expenses 2025: $304,215Net Income 2025: -$30,3962025

Highlighted filing

2014

Revenue$297,538
Expenses$184,701
Net Income$112,837
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 18, 2015
Return Version
2013v4.0
Gross Receipts
$449,912
Mission and Program Overview

Mission

The organization was established exclusively for charitable and educational purposes and operates as a service organization celebrating, promoting, and preserving Italian culture and heritage in Collier County.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$705,629$721,888▲ $16,259
Cash and Non-Interest-Bearing Accounts$128,976$164,427▲ $35,451
Savings and Temporary Cash Investments$16,038$36,087▲ $20,049
Prepaid Expenses and Deferred Charges$639$0▼ $639
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$851,282$922,402▲ $71,120
Other Assets Total-$0-
Liabilities
Other Liabilities$63,714$61,498▼ $2,216
Accounts Payable and Accrued Expenses$2,170$847▼ $1,323
Total Liabilities$65,884$62,345▼ $3,539
Net Assets / Fund Balance
Unrestricted Net Assets$785,398$860,057▲ $74,659
Total Net Assets Fund Balance$785,398$860,057▲ $74,659
Total Liabilities and Net Assets / Fund Balance$851,282$922,402▲ $71,120

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$312,335$44,665$357,000
Leasehold Improvements$196,108$33,475$229,583
Land$122,948-$122,948
Other Land Buildings$71,657-$71,657
Equipment$18,840$40,410$59,250
Compensation and Service Providers

Board Members and Trustees

NameTitle
Charles LomantoPresident
Raymond LecattaVice President
Anthony IncantalupoDirector
Calvin GaetaDirector
Daniel RagoneDirector
Joseph DelfinoDirector
Leonard ZulloDirector
Marilyn RomeoSecretary
Nick MocciaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$89,795
Program Service Revenue
$0
Investment Income
$3,796
Other Revenue
$203,947
All Other Contributions
$37,647
Change in Net Assets
$112,837
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$139,066
Salaries, Compensation, and Employee Benefits$45,635
Total Fundraising Expense$1,009
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$40,245--$40,245
Occupancy$34,960--$34,960
Depreciation Depletion$23,201--$23,201
All Other Expenses$12,327-$499$12,826
Insurance$8,738-$460$9,198
Fees for Services Accounting$1,250$5,200-$6,450
Payroll Taxes$5,390--$5,390
Other Expenses$3,304--$3,304
Advertising$2,776--$2,776
Interest$1,713--$1,713
Office Expenses-$500$50$550
Total Functional Expenses$177,992$5,700$1,009$184,701
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$295,794
Fundraising Direct Expenses$137,872
Gaming Gross Income$41,536
Gaming Direct Expenses$14,502
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$157,006$157,006$81,023$75,983
Event 2$138,788$138,788$46,874$91,914
Total Events$295,794$295,794$137,872$157,922
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Membership$30,645
Wells Fargo Loan$25,000
Prepaid Rentals$2,975
Employment Taxes$1,626
Prepaid Gaming$857
Credit Expenses$395
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The organization's Form 990 review process is to obtain a DRAFT copy of the return prior to filing. The Board reviews and discusses information reported on the return. Questions are submitted to the preparer for a response. Upon resolution of any inquiries, the draft is approved by the Board as FINAL and the preparer is notified that the return is approved for filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization's governing documents are made available upon public request and through their annual reports.

Filing and Contact Details

Filer

EIN
20-5045417
Phone
2395975210

Signing Officer

Name
Nick Moccia
Title
Treasurer
Signed
2015-05-18
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
Fl
Voting Board Members
11
Independent Board Members
11
Employees
19
Volunteers
163

Preparer

Preparer
Gregory Perrino
Phone
2394348299
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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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IRS990/OtherExpensesGrp/ProgramServicesAmt33304
IRS990/OtherExpensesGrp/TotalAmt021776
IRS990/OtherExpensesGrp/TotalAmt115079
IRS990/OtherExpensesGrp/TotalAmt27233
IRS990/OtherExpensesGrp/TotalAmt33304
IRS990/OtherLiabilitiesGrp/BOYAmt063714
IRS990/OtherLiabilitiesGrp/EOYAmt061498
IRS990/OtherRevenueMiscGrp/Desc0Cook Books
IRS990/OtherRevenueMiscGrp/Desc1Miscellaneous Income
IRS990/OtherRevenueMiscGrp/Desc2Reimbursed Expenses
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0255
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1839
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt21448
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0255
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1839
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt21448
IRS990/OtherRevenueTotalAmt02602
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt040245
IRS990/OtherSalariesAndWagesGrp/TotalAmt040245
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt05390
IRS990/PayrollTaxesGrp/TotalAmt05390
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0639
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PriorPeriodAdjustmentsAmt0-38178
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0130525
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt08
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01111753
IRS990/PYOtherRevenueAmt034031
IRS990/PYProgramServiceRevenueAmt0169499
IRS990/PYRevenuesLessExpensesAmt0-812790
IRS990/PYSalariesCompEmpBnftPaidAmt035100
IRS990/PYTotalExpensesAmt01146853
IRS990/PYTotalRevenueAmt0334063
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0112837
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt016389
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt016038
IRS990/SavingsAndTempCashInvstGrp/EOYAmt036087
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt089795
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0130525
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt067727
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt097694
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01446959
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01832700
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0295794
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0265830
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0279044
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0248516
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt056566
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01145750
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt02978450
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0385589
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0396355
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0346771
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0346210
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01503525
IRS990ScheduleA/Total509Grp/TotalAmt02978450
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0385589
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0396355
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0346771
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0346210
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01503525
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02978450
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0312335
IRS990ScheduleD/BuildingsGrp/DepreciationAmt044665
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0357000
IRS990ScheduleD/EquipmentGrp/BookValueAmt018840
IRS990ScheduleD/EquipmentGrp/DepreciationAmt040410
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt059250
IRS990ScheduleD/LandGrp/BookValueAmt0122948
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0122948
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0196108
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt033475
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0229583
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt071657
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt071657
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0395
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11626
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2857
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt330645
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt42975
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt525000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Credit Expenses
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Employment Taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Prepaid Gaming
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Prepaid Membership
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Prepaid Rentals
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5Wells Fargo Loan
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0721888
IRS990ScheduleD/TotalLiabilityAmt061498
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0137872
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt050
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt050
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt09925
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt09925
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0157006
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0138788
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0295794
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0157006
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0138788

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.02$0.96$0.27$0.30$0.03
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.01$0.86$0.26$0.31$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.06$0.86$0.17$0.20$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.05$0.91$0.16$0.16$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.04$0.89$0.16$0.21$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.03$0.94$0.17$0.20$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.02$0.96$0.28$0.33$0.05
2017Summary only. Only limited summary data is available for this year.$1.04$0.03$1.01$0.21$0.25$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.10$0.05$1.05$0.34$0.21$0.14
2015Detailed filing. Detailed filing data is available for this year.$1.00$0.09$0.92$0.26$0.21$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.92$0.06$0.86$0.30$0.18$0.11
2014Summary only. Only limited summary data is available for this year.$0.92$0.06$0.86$0.30$0.18$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.07$0.79$1.15
2012Summary only. Only limited summary data is available for this year.$1.72$0.12$1.60$0.31$0.25$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.06$1.46$0.19