Civic Intelligence

Centro Italiano Inc.

990EZ • Fiscal year 2013 • EIN 32-0029571

Jan 01, 2013 to Dec 31, 2013 • Filed on May 12, 2014

Organization ProfileN/A
134 E Tallmadge Ave44310

(330) 535-3919

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

32nd percentile

-4.4%

Higher net margin than 32% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

41st percentile

-2.0%

Faster asset growth than 41% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

17th percentile

-27%

Faster revenue growth than 17% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$59,642

Down $1,220 (-2.0%) from 2012

Net Assets

Down

$59,642

Down $1,220 (-2.0%) from 2012

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin32nd percentile

Revenue

Down

$27,886

Down $10,277 (-27%) from 2012

Expenses

Up

$29,106

Up $7,285 (+33%) from 2012

Net Income

Down

-$1,220

Down $17,562 (-107%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$200K$150K$100K$50K$0Assets 2011: $44,520Net Assets 2011: $44,5202011Assets 2012: $60,862Net Assets 2012: $60,8622012Assets 2013: $59,642Net Assets 2013: $59,6422013Assets 2015: $48,107Liabilities 2015: $0Net Assets 2015: $48,1072015Assets 2016: $52,176Liabilities 2016: $0Net Assets 2016: $52,1762016Assets 2017: $54,146Liabilities 2017: $0Net Assets 2017: $54,1462017Assets 2018: $50,668Liabilities 2018: $0Net Assets 2018: $50,6682018Assets 2020: $46,199Liabilities 2020: $0Net Assets 2020: $46,1992020Assets 2024: $185,160Liabilities 2024: $0Net Assets 2024: $185,1602024

Highlighted filing

2013

Assets$59,642
Liabilities-
Net Assets$59,642
Open 2013 Filing

Operations Trend

Revenue Growth17th percentile

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

$100K$50K$0-$50KRevenue 2011: $39,024Expenses 2011: $34,764Net Income 2011: $4,2602011Revenue 2012: $38,163Expenses 2012: $21,821Net Income 2012: $16,3422012Revenue 2013: $27,886Expenses 2013: $29,106Net Income 2013: -$1,2202013Revenue 2015: $14,389Expenses 2015: $23,606Net Income 2015: -$9,2172015Revenue 2016: $29,219Expenses 2016: $25,150Net Income 2016: $4,0692016Revenue 2017: $15,434Expenses 2017: $13,464Net Income 2017: $1,9702017Revenue 2018: $16,319Expenses 2018: $19,797Net Income 2018: -$3,4782018Revenue 2020: $5,574Expenses 2020: $5,133Net Income 2020: $4412020Revenue 2024: $83,011Expenses 2024: $28,795Net Income 2024: $54,2162024

Highlighted filing

2013

Revenue$27,886
Expenses$29,106
Net Income-$1,220
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 12, 2014
Return Version
2013v3.1
Gross Receipts
$137,285
Mission and Program Overview

Mission

Promoting italian heritage

The corporation shall serve to exclusively benefit and foster the health, education, and general welfare of the greater northeast ohio community through promoting the language, cultural, educational,social, communal, and athletic activities related to the italian heritage.

Program Services

DescriptionGrantsExpenses
HELD ITALIAN FESTIVAL WHICH RAISED $23450 TO VARIOUS ORGANIZATIONS IN NORTHEASTERN OHIO.$4,911$23,450
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
VITO TESTATreasurer-$0--
FRANK IEMMAPresident-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$137,245$137,245$57,303$79,942
Total Events$137,245$137,245$109,399$27,846
Filing and Contact Details

Filer

EIN
32-0029571
Phone
3305353919

Signing Officer

Name
Vito Testa
Title
Treasurer
Signed
2014-05-12
Discuss with paid preparer
Yes

Preparer

Preparer
Doug Broemsen CPA
Phone
3306667763
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Cash Amount Given: $23450”

Other Expenses.1001

“Advertising and Promotion $1130”

Other Expenses.1002

“Office Expenses $435”

Other Expenses.1007

“Conferences, Conventions, and Meetings $205”

Other Expenses.1

“SCHOLARSHIP $3000”

Other Expenses.2

“Bank Fees $91”

Other Expenses.3

“Licenses $50”

Raw XML Appendix140 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/PersonNm0Doug Broemsen CPA
IRS990EZ/BooksInCareOfDetail/PhoneNum03306667763
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine103418 Ridgewood Road
IRS990EZ/BooksInCareOfDetail/USAddress/City0Akron
IRS990EZ/BooksInCareOfDetail/USAddress/State0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode044333
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt060862
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt059642
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1220
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0745
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt060862
IRS990EZ/Form990TotalAssetsGrp/EOYAmt059642
IRS990EZ/FundraisingGrossIncomeAmt0137245
IRS990EZ/GrantsAndSimilarAmountsPaidAmt023450
IRS990EZ/GrossReceiptsAmt0137285
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt040
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt060862
IRS990EZ/NetAssetsOrFundBalancesEOYAmt059642
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt060862
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt059642
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0VITO TESTA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1FRANK IEMMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt04911
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE CORPORATION SHALL SERVE TO EXCLUSIVELY BENEFIT AND FOSTER THE HEALTH, EDUCATION, AND GENERAL WELFARE OF THE GREATER NORTHEAST OHIO COMMUNITY THROUGH PROMOTING THE LANGUAGE, CULTURAL, EDUCATIONAL,SOCIAL, COMMUNAL, AND ATHLETIC ACTIVITIES RELATED TO THE ITALIAN HERITAGE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HELD ITALIAN FESTIVAL WHICH RAISED $23450 TO VARIOUS ORGANIZATIONS IN NORTHEASTERN OHIO.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt04911
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt023450
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt0109399
IRS990EZ/SpecialEventsNetIncomeLossAmt027846
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt029106
IRS990EZ/TotalProgramServiceExpensesAmt04911
IRS990EZ/TotalRevenueAmt027886
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalSupportAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0109399
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt034846
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt034846
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt017250
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt017250
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0137245
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0137245
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0137245
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0137245
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0FESTA ITALIANA
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt027846
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt057303
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt057303
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Cash Amount Given: $23450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $1130
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $435
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Conferences, Conventions, and Meetings $205
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SCHOLARSHIP $3000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank Fees $91
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Licenses $50
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VITO TESTA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine10CENTRO ITALIANO INC
ReturnHeader/Filer/BusinessNameControlTxt0CENT
ReturnHeader/Filer/EIN0320029571
ReturnHeader/Filer/PhoneNum03305353919
ReturnHeader/Filer/USAddress/AddressLine10134 E TALLMADGE AVE
ReturnHeader/Filer/USAddress/City0AKRON
ReturnHeader/Filer/USAddress/State0OH
ReturnHeader/Filer/USAddress/ZIPCode044310
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10MACGREGOR AND BROEMSENCPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine103418 Ridgewood Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Akron
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0443333120
ReturnHeader/PreparerPersonGrp/PhoneNum03306667763
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Doug Broemsen CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-05-12T13:52:48-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$59,642
Liabilities
-
Net assets
$59,642
Revenue
$27,886
Expenses
$29,106
Net income
-$1,220
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.85$0.00$1.85$0.83$0.29$0.54
2020Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.06$0.05$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.16$0.20$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.00$0.54$0.15$0.13$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.29$0.25$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.14$0.24$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.60$0.60$0.28$0.29$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.61$0.38$0.22$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.45$0.39$0.35$0.04