Civic Intelligence

Centro Italiano Inc.

990EZ • Fiscal year 2020 • EIN 32-0029571

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 12, 2021

P O Box 912Cuyahoga Falls, OH 44223

(330) 666-7763

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

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

Liabilities / Revenue

55th percentile

0.00x

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

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

Net Margin

54th percentile

7.9%

Higher net margin than 54% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

45th percentile

1.0%

Faster asset growth than 45% of similar nonprofits.

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

Revenue Growth

18th percentile

-58%

Faster revenue growth than 18% of similar nonprofits.

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

Assets

Down

$46,199

Down $4,469 (-8.8%) from 2018

Net Assets

Down

$46,199

Down $4,469 (-8.8%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$5,574

Down $10,745 (-66%) from 2018

Expenses

Down

$5,133

Down $14,664 (-74%) from 2018

Net Income

Up

$441

Up $3,919 (+113%) from 2018

Historical Trend

Balance Sheet Trend

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

2020

Assets$46,199
Liabilities$0
Net Assets$46,199

Operations Trend

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

2020

Revenue$5,574
Expenses$5,133
Net Income$441
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 12, 2021
Return Version
2020v4.1
Gross Receipts
$5,574
Mission and Program Overview

Mission

Promoting italian heritage

Program Services

DescriptionGrantsExpenses
HOLD AN ANNUAL FESTIVAL. UNABLE TO HOLD FESTIVAL IN 2020 DUE TO COVID--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALESSANDRA DONATELLI-BOARDMANPresidentPT$0--
CAITLIN SABOVice PresidentPT$0--
LINDA DONATELLIRecording SecretaryPT$0--
RICK SABOTreasurerPT$0--
FRANK IEMMATrustee-$0--
JIM IONATrustee-$0--
GIOVANNI DONATELLITrustee-$0--
ROSE GULLOTrustee-$0--
GUIDO DIIORIO JRTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Centro Italiano Inc
EIN
32-0029571
Address
P O BOX 912, CUYAHOGA FALLS, OH 44223

Signing Officer

Name
Rick Sabo
Title
Treasurer
Phone
3309260861
Signed
2021-03-12
Discuss with paid preparer
Yes

Preparer

Firm
Strah & Associates LLC
Address
3418 Ridgewood Rd, Akron, OH 44333
Preparer
Karen D Nevergall CPA
Phone
3306667763
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description amountinsurance 1,489state registration 50office expenses 137website 140equipement rental 50p o box 118scholarship 1,500

Raw XML Appendix188 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2RECORDING SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTINSURANCE 1,489STATE REGISTRATION 50OFFICE EXPENSES 137WEBSITE 140EQUIPEMENT RENTAL 50P O BOX 118SCHOLARSHIP 1,500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
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ReturnHeader/Filer/EIN0320029571
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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