Civic Intelligence

Italian American Scholarship Assoc

EIN 61-1413870 • 501(c)3 • Pearl River, NY

Profile

Organization awards scholarships to high school seniors

35 West Jefferson AvenuePearl River, NY 10965

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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

28th percentile

-13%

Higher net margin than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

52nd percentile

-0.6%

Faster asset growth than 52% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

107%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$425,032

Down $2,451 (-0.6%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$425,032

Down $2,451 (-0.6%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin28th percentile

Revenue

Up

$18,383

Up $9,495 (+107%) from 2023

Expenses

Down

$20,834

Down $64 (-0.3%) from 2023

Net Income

Up

-$2,451

Up $9,559 (+80%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth52nd percentile

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

$600K$400K$200K$0Assets 2011: $316,386Net Assets 2011: $316,3862011Assets 2012: $343,612Net Assets 2012: $343,6122012Assets 2013: $376,483Net Assets 2013: $376,4832013Assets 2014: $372,401Net Assets 2014: $372,4012014Assets 2015: $386,953Net Assets 2015: $386,9532015Assets 2016: $371,434Net Assets 2016: $371,4342016Assets 2017: $369,245Net Assets 2017: $369,2452017Assets 2018: $380,395Net Assets 2018: $380,3952018Assets 2019: $392,717Net Assets 2019: $392,7172019Assets 2020: $410,367Net Assets 2020: $410,3672020Assets 2021: $455,614Net Assets 2021: $455,6142021Assets 2023: $427,483Net Assets 2023: $427,4832023Assets 2024: $425,032Net Assets 2024: $425,0322024

Highlighted filing

2024

Assets$425,032
Liabilities-
Net Assets$425,032
Open 2024 Filing

Operations Trend

Revenue Growth92nd percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2011: $29,022Expenses 2011: $11,982Net Income 2011: $17,0402011Revenue 2012: $38,965Expenses 2012: $11,739Net Income 2012: $27,2262012Revenue 2013: $47,552Expenses 2013: $14,681Net Income 2013: $32,8712013Revenue 2014: $16,800Expenses 2014: $20,882Net Income 2014: -$4,0822014Revenue 2015: $33,552Expenses 2015: $19,000Net Income 2015: $14,5522015Revenue 2016: $24,786Expenses 2016: $40,305Net Income 2016: -$15,5192016Revenue 2017: $24,845Expenses 2017: $27,034Net Income 2017: -$2,1892017Revenue 2018: $26,150Expenses 2018: $15,000Net Income 2018: $11,1502018Revenue 2019: $27,322Expenses 2019: $15,000Net Income 2019: $12,3222019Revenue 2020: $21,650Expenses 2020: $4,000Net Income 2020: $17,6502020Revenue 2021: $64,247Expenses 2021: $19,000Net Income 2021: $45,2472021Revenue 2023: $8,888Expenses 2023: $20,898Net Income 2023: -$12,0102023Revenue 2024: $18,383Expenses 2024: $20,834Net Income 2024: -$2,4512024

Highlighted filing

2024

Revenue$18,383
Expenses$20,834
Net Income-$2,451
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$425,032
Liabilities
-
Net assets
$425,032
Revenue
$18,383
Expenses
$20,834
Net income
-$2,451
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.25$4.25$0.18$0.21$0.02
2023Detailed filing. Detailed filing data is available for this year.$4.27$4.27$0.09$0.21$0.12
2021Detailed filing. Detailed filing data is available for this year.$4.56$4.56$0.64$0.19$0.45
2020Detailed filing. Detailed filing data is available for this year.$4.10$4.10$0.22$0.04$0.18
2019Detailed filing. Detailed filing data is available for this year.$3.93$3.93$0.27$0.15$0.12
2018Detailed filing. Detailed filing data is available for this year.$3.80$3.80$0.26$0.15$0.11
2017Detailed filing. Detailed filing data is available for this year.$3.69$3.69$0.25$0.27$0.02
2016Detailed filing. Detailed filing data is available for this year.$3.71$3.71$0.25$0.40$0.16
2015Detailed filing. Detailed filing data is available for this year.$3.87$3.87$0.34$0.19$0.15
2014Detailed filing. Detailed filing data is available for this year.$3.72$3.72$0.17$0.21$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.76$3.76$0.48$0.15$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.44$3.44$0.39$0.12$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.16$3.16$0.29$0.12$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 22, 2025
Return Version
2023v6.0
Gross Receipts
$18,383
Mission and Program Overview

Mission

Organization awards scholarships to high school seniors

Program Services

DescriptionGrantsExpenses
Organization awards scholarships to high school seniors$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John R LaganaChairmanPT$0--
Filing and Contact Details

Filer

Filer Name
Italian American Scholarship Assoc
EIN
61-1413870
Phone
8453981181
Address
35 West Jefferson Avenue, Pearl River, NY 10965

Signing Officer

Name
John Lagana
Title
President
Phone
8453981181
Signed
2025-04-22

Preparer

Firm
Kenneth Gach CPA Pc
Address
200 E ERIE ST STE 2N, BLAUVELT, NY 10913
Preparer
Kenneth Gach
Phone
8453981181
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“Raffle 1580.”

Form 990EZ, Part I, Line 10

“Scholarships; Scholarships; Various: , , , ; , 15000.”

Form 990EZ, Part I, Line 16

“Bank Service Charges 20.”

Form 990EZ, Part I, Line 16

“Investment Advisory Fees 1234.”

Raw XML Appendix151 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/USAddress/ZIPCd010954
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0427483
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IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2451
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IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/Form990TotalAssetsGrp/BOYAmt0427483
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt015000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt018383
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt015303
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0427483
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0425032
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0427483
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01254
IRS990EZ/OtherRevenueTotalAmt01580
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Organization awards scholarships to high school seniors
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Organization awards scholarships to high school seniors
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt020834
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt018383
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt06900
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt09600
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02792
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02500
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05562
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03875
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt014750
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt029479
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02792
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02500
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03875
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt014750
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt029479
IRS990ScheduleA/InvestmentIncomeCYPct00.75430
IRS990ScheduleA/InvestmentIncomePYPct00.65850
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.24570
IRS990ScheduleA/PublicSupportPY509Pct00.34150
IRS990ScheduleA/PublicSupportTotal509Amt09600
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01200
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt06900
IRS990ScheduleA/Total509Grp/TotalAmt09600
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt039079
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Raffle 1580.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Scholarships; Scholarships; Various: , , , ; , 15000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank Service Charges 20.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Investment Advisory Fees 1234.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0John Lagana
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08453981181
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Italian American Scholarship Assoc
ReturnHeader/Filer/BusinessNameControlTxt0ITAL
ReturnHeader/Filer/EIN0611413870
ReturnHeader/Filer/PhoneNum08453981181
ReturnHeader/Filer/USAddress/AddressLine1Txt035 West Jefferson Avenue
ReturnHeader/Filer/USAddress/CityNm0Pearl River
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010965
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271293455
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KENNETH GACH CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0200 E ERIE ST STE 2N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BLAUVELT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010913
ReturnHeader/PreparerPersonGrp/PhoneNum08453981181
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kenneth Gach
ReturnHeader/ReturnTs02025-04-23T13:12:57-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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