Civic Intelligence

Italo American Charitable Trust Association

EIN 22-3420071 • 501(c)3 • Providence, RI

Profile

Scholarships, student financial aid, awards

477 BroadwayProvidence, RI 02909

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

18th percentile

-34%

Higher net margin than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

37th percentile

-14%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

18th percentile

-50%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$66,805

Down $10,463 (-14%) from 2024

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$66,805

Down $10,463 (-14%) from 2024

Operations
Liabilities / RevenueScore unavailableNet Margin18th percentile

Revenue

Down

$30,758

Down $30,186 (-50%) from 2024

Expenses

Down

$41,221

Down $26,651 (-39%) from 2024

Net Income

Down

-$10,463

Down $3,535 (-51%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth37th percentile

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

$150K$100K$50K$0Assets 2019: $104,439Net Assets 2019: $104,4392019Assets 2020: $88,047Net Assets 2020: $88,0472020Assets 2021: $99,635Net Assets 2021: $99,6352021Assets 2022: $93,700Net Assets 2022: $93,7002022Assets 2023: $84,196Net Assets 2023: $84,1962023Assets 2024: $77,268Net Assets 2024: $77,2682024Assets 2025: $66,805Net Assets 2025: $66,8052025

Highlighted filing

2025

Assets$66,805
Liabilities-
Net Assets$66,805
Open 2025 Filing

Operations Trend

Revenue Growth18th percentile

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

$100K$50K$0-$50KRevenue 2019: $64,270Expenses 2019: $40,453Net Income 2019: $23,8172019Revenue 2020: $4,472Expenses 2020: $20,864Net Income 2020: -$16,3922020Revenue 2021: $31,656Expenses 2021: $20,068Net Income 2021: $11,5882021Revenue 2022: $18,750Expenses 2022: $24,685Net Income 2022: -$5,9352022Revenue 2023: $23,639Expenses 2023: $33,143Net Income 2023: -$9,5042023Revenue 2024: $60,944Expenses 2024: $67,872Net Income 2024: -$6,9282024Revenue 2025: $30,758Expenses 2025: $41,221Net Income 2025: -$10,4632025

Highlighted filing

2025

Revenue$30,758
Expenses$41,221
Net Income-$10,463
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$66,805
Liabilities
-
Net assets
$66,805
Revenue
$30,758
Expenses
$41,221
Net income
-$10,463
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.67$0.67$0.31$0.41$0.10
2024Detailed filing. Detailed filing data is available for this year.$0.77$0.77$0.61$0.68$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.84$0.84$0.24$0.33$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.94$0.94$0.19$0.25$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.00$1.00$0.32$0.20$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.88$0.88$0.04$0.21$0.16
2019Detailed filing. Detailed filing data is available for this year.$1.04$1.04$0.64$0.40$0.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 6, 2026
Return Version
2025v4.0
Gross Receipts
$30,758
Mission and Program Overview

Mission

Scholarships, student financial aid, awards

Program Services

DescriptionGrantsExpenses
EXPENSES INCURRED FOR AWARDS DINNER$0$30,285
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GEORGE A LAZZARESCHI JRPresidentPT$0--
THOMAS NORATOVice PresidentPT$0--
ROBERT VILLUCCITreasurePT$0--
DONNA M FOLCARELLISecretaryPT$0--
JOSEPH CINQUERANODirector-$0--
ROND DESIDERATO JRDirector-$0--
STEPHEN MALLANEDirector-$0--
ERNEST ALMONTEDirector-$0--
PETER MONTAQUILA JRDirector-$0--
GINA SABITONI-ARAKELIANDirector-$0--
ANTHONY NAPOLITANOEx-Officio-$0--
Filing and Contact Details

Filer

Filer Name
Italo American Charitable Trust Association
EIN
22-3420071
Phone
4016215600
Address
477 BROADWAY, PROVIDENCE, RI 02909

Signing Officer

Name
George a Lazzareschi
Title
President
Phone
4016215600
Signed
2026-03-06

Preparer

Firm
DeStefano Gauch & Associates CPA Inc
Address
501 Centerville Rd Ste 204, Warwick, RI 02886
Preparer
Janet Gauch
Phone
4015940050
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“EVENT EXPENSE 41221.”

Raw XML Appendix185 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum04016215600
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0477 BROADWAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PROVIDENCE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002909
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt077268
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IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
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IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
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IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-10463
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/FundraisingGrossIncomeAmt030285
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
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IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt0473
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GEORGE A LAZZARESCHI JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1THOMAS NORATO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROBERT VILLUCCI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DONNA M FOLCARELLI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOSEPH CINQUERANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ROND DESIDERATO JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6STEPHEN MALLANE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7ERNEST ALMONTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8PETER MONTAQUILA JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9GINA SABITONI-ARAKELIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10ANTHONY NAPOLITANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10EX-OFFICIO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt041221
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SCHOLARSHIPS, STUDENT FINANCIAL AID, AWARDS
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EXPENSES INCURRED FOR AWARDS DINNER
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt030285
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt030285
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt041221
IRS990EZ/TotalProgramServiceExpensesAmt030285
IRS990EZ/TotalRevenueAmt030758
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt06336
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06336
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt06336
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
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IRS990ScheduleA/Total509Grp/TotalAmt06336
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06336
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EVENT EXPENSE 41221.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GEORGE A LAZZARESCHI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04016215600
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ITALO AMERICAN CHARITABLE TRUST ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0ITAL
ReturnHeader/Filer/EIN0223420071
ReturnHeader/Filer/PhoneNum04016215600
ReturnHeader/Filer/USAddress/AddressLine1Txt0477 BROADWAY
ReturnHeader/Filer/USAddress/CityNm0PROVIDENCE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002909
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0934774659
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DeStefano Gauch & Associates CPA Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0501 Centerville Rd Ste 204
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Warwick
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002886
ReturnHeader/PreparerPersonGrp/PhoneNum04015940050
ReturnHeader/PreparerPersonGrp/PreparationDt02026-03-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Janet Gauch
ReturnHeader/ReturnTs02026-03-13T08:53:14-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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