Civic Intelligence

Riverwalk Italian Americans &

990EZ • Fiscal year 2019 • EIN 65-1011700

Jun 01, 2018 to May 31, 2019 • Filed on Jun 20, 2019

7459 Riverwalk Circle Ste 315West Palm Beach, FL 33411

(561) 478-1672

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 2019

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2019

Net Margin

67th percentile

8.6%

Higher net margin than 67% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Source year 2019

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2019 filings • 501(c)7 • <$500k nonprofits • Source year 2019

Asset Growth

80th percentile

19%

Faster asset growth than 80% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

10th percentile

-27%

Faster revenue growth than 10% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$8,212

Up $1,328 (+19%) from 2018

Net Assets

Up

$8,212

Up $1,328 (+19%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$15,429

Down $5,746 (-27%) from 2018

Expenses

Down

$14,101

Down $3,264 (-19%) from 2018

Net Income

Down

$1,328

Down $2,482 (-65%) from 2018

Historical Trend

Balance Sheet Trend

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

$15K$10K$5.0K$0Assets 2012: $3,369Net Assets 2012: $3,3692012Assets 2013: $2,006Liabilities 2013: $02013Assets 2014: $6,282Liabilities 2014: $02014Assets 2015: $6,012Net Assets 2015: $6,0122015Assets 2016: $2,175Net Assets 2016: $2,1752016Assets 2017: $3,074Net Assets 2017: $3,0742017Assets 2018: $6,884Net Assets 2018: $6,8842018Assets 2019: $8,212Net Assets 2019: $8,2122019Assets 2020: $11,226Net Assets 2020: $11,2262020Assets 2021: $10,426Net Assets 2021: $10,4262021Assets 2022: $12,153Liabilities 2022: $3,080Net Assets 2022: $9,0732022Assets 2023: $11,557Liabilities 2023: $2,975Net Assets 2023: $8,5822023Assets 2024: $10,205Liabilities 2024: $2,625Net Assets 2024: $7,5802024Assets 2025: $11,105Liabilities 2025: $2,765Net Assets 2025: $8,3402025

Highlighted filing

2019

Assets$8,212
Liabilities-
Net Assets$8,212

Operations Trend

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

$40K$30K$20K$10K$0-$10KRevenue 2012: $9,375Expenses 2012: $10,853Net Income 2012: -$1,4782012Revenue 2013: $11,091Expenses 2013: $12,454Net Income 2013: -$1,3632013Revenue 2014: $14,101Expenses 2014: $9,825Net Income 2014: $4,2762014Revenue 2015: $16,921Expenses 2015: $17,191Net Income 2015: -$2702015Revenue 2016: $12,836Expenses 2016: $16,673Net Income 2016: -$3,8372016Revenue 2017: $16,503Expenses 2017: $15,604Net Income 2017: $8992017Revenue 2018: $21,175Expenses 2018: $17,365Net Income 2018: $3,8102018Revenue 2019: $15,429Expenses 2019: $14,101Net Income 2019: $1,3282019Revenue 2020: $11,970Expenses 2020: $8,956Net Income 2020: $3,0142020Revenue 2021: $11,297Expenses 2021: $12,347Net Income 2021: -$1,0502021Revenue 2022: $26,106Expenses 2022: $24,479Net Income 2022: $1,6272022Revenue 2023: $26,573Expenses 2023: $27,169Net Income 2023: -$5962023Revenue 2024: $30,695Expenses 2024: $31,947Net Income 2024: -$1,2522024Revenue 2025: $30,515Expenses 2025: $29,915Net Income 2025: $6002025

Highlighted filing

2019

Revenue$15,429
Expenses$14,101
Net Income$1,328
Jump To
Filing Snapshot
Filing Period
Jun 1, 2018 to May 31, 2019
Signed
Jun 20, 2019
Return Version
2018v3.1
Gross Receipts
$15,429
Mission and Program Overview

Mission

The organizations purpose is to perpetuate and celebrate the italian-american heritage and traditions, to organize events and promote unity in the community and to raise funds for the benefit of various charities.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION HELD NINE DIFFERENT EVENTS DURING THE YEAR WHICH ALLOWED THE MEMBERS AND THE COMMUNITY TO GATHER TOGETHER AND EXPERIENCE AND CELEBRATE VARIOUS ITALIAN-AMERICAN TRADITIONS, CULTURE, MUSIC, LANGUAGE AND FOOD. EACH EVENT AVERAGED 85 ATTENDEES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALLEN FORMICHELLAPresident-$0--
WILLIAM HALPENTreasurerPT$0--
RAYMOND CICOLAVice Preside-$0--
LEE RIENECKERVice Preside-$0--
ANNETTE CACCAMISESecretary-$0--
Filing and Contact Details

Filer

Filer Name
Riverwalk Italian Americans &
EIN
65-1011700
Address
7459 RIVERWALK CIRCLE STE 315, WEST PALM BEACH, FL 33411

Signing Officer

Name
Allen Formichella
Title
President
Signed
2019-06-20
Discuss with paid preparer
Yes

Preparer

Firm
French & Turdo Pa
Address
1475 CENTREPARK BLVD STE 200, WEST PALM BEACH, FL 33401-7424
Preparer
Lisa M Turdo
Phone
5616401808
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Raffle ticket sales 660 total 660

Form 990-ez, Part I, Line 16

Expenses office supplies 237 meeting expense 603 charitable donations 700 program service expenses 11,987 licenses and fees 70 maintenance 450 other expenses 54 total 14,101

Form 990-ez, Part III

The organizations purpose is to perpetuate and celebrate the italian-american heritage and traditions, to organize events and promote unity in the community and to raise funds for the benefit of various charities.

Form 990-ez, Part III, Line 28

The organization held nine different events during the year which allowed the members and the community to gather together and experience and celebrate various italian-american traditions, culture, music, language and food. Each event averaged 85 attendees.

Raw XML Appendix111 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/PersonNm0WILLIAM HALPEN
IRS990EZ/BooksInCareOfDetail/PhoneNum05614781672
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt07073 DEER POINT LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WEST PALM BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033411
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06884
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08212
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01328
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06884
IRS990EZ/Form990TotalAssetsGrp/EOYAmt08212
IRS990EZ/GrossReceiptsAmt015429
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt03785
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt06884
IRS990EZ/NetAssetsOrFundBalancesEOYAmt08212
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06884
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt08212
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt43.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ALLEN FORMICHELLA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WILLIAM HALPEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RAYMOND CICOLA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LEE RIENECKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ANNETTE CACCAMISE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt014101
IRS990EZ/OtherRevenueTotalAmt0660
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATIONS PURPOSE IS TO PERPETUATE AND CELEBRATE THE ITALIAN-AMERICAN HERITAGE AND TRADITIONS, TO ORGANIZE EVENTS AND PROMOTE UNITY IN THE COMMUNITY AND TO RAISE FUNDS FOR THE BENEFIT OF VARIOUS CHARITIES.
IRS990EZ/ProgramServiceRevenueAmt010984
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION HELD NINE DIFFERENT EVENTS DURING THE YEAR WHICH ALLOWED THE MEMBERS AND THE COMMUNITY TO GATHER TOGETHER AND EXPERIENCE AND CELEBRATE VARIOUS ITALIAN-AMERICAN TRADITIONS, CULTURE, MUSIC, LANGUAGE AND FOOD. EACH EVENT AVERAGED 85 ATTENDEES.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt014101
IRS990EZ/TotalRevenueAmt015429
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RAFFLE TICKET SALES 660 TOTAL 660
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE SUPPLIES 237 MEETING EXPENSE 603 CHARITABLE DONATIONS 700 PROGRAM SERVICE EXPENSES 11,987 LICENSES AND FEES 70 MAINTENANCE 450 OTHER EXPENSES 54 TOTAL 14,101
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATIONS PURPOSE IS TO PERPETUATE AND CELEBRATE THE ITALIAN-AMERICAN HERITAGE AND TRADITIONS, TO ORGANIZE EVENTS AND PROMOTE UNITY IN THE COMMUNITY AND TO RAISE FUNDS FOR THE BENEFIT OF VARIOUS CHARITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HELD NINE DIFFERENT EVENTS DURING THE YEAR WHICH ALLOWED THE MEMBERS AND THE COMMUNITY TO GATHER TOGETHER AND EXPERIENCE AND CELEBRATE VARIOUS ITALIAN-AMERICAN TRADITIONS, CULTURE, MUSIC, LANGUAGE AND FOOD. EACH EVENT AVERAGED 85 ATTENDEES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ALLEN FORMICHELLA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIVERWALK ITALIAN AMERICANS &
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FRIENDS CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0651011700
ReturnHeader/Filer/USAddress/AddressLine1Txt07459 RIVERWALK CIRCLE STE 315
ReturnHeader/Filer/USAddress/CityNm0WEST PALM BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033411
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0898C1895B8F201315E3AD013D20E33E4FB790411
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B2BB5585633D9CEC42876CC1229D0C6C419A2363
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02019-06-24
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm007:40:04
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650078863
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRENCH & TURDO PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01475 CENTREPARK BLVD STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST PALM BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0334017424
ReturnHeader/PreparerPersonGrp/PhoneNum05616401808
ReturnHeader/PreparerPersonGrp/PreparationDt02019-06-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA M TURDO
ReturnHeader/ReturnTs02019-06-24T07:40:04-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-06-01
ReturnHeader/TaxPeriodEndDt02019-05-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$11.1$2.77$8.34$30.5$29.9$0.60
2024Detailed filing. Detailed filing data is available for this year.$10.2$2.63$7.58$30.7$31.9$1.25
2023Detailed filing. Detailed filing data is available for this year.$11.6$2.98$8.58$26.6$27.2$0.60
2022Detailed filing. Detailed filing data is available for this year.$12.2$3.08$9.07$26.1$24.5$1.63
2021Detailed filing. Detailed filing data is available for this year.$10.4$10.4$11.3$12.3$1.05
2020Detailed filing. Detailed filing data is available for this year.$11.2$11.2$12.0$8.96$3.01
2019Detailed filing. Detailed filing data is available for this year.$8.21$8.21$15.4$14.1$1.33
2018Detailed filing. Detailed filing data is available for this year.$6.88$6.88$21.2$17.4$3.81
2017Detailed filing. Detailed filing data is available for this year.$3.07$3.07$16.5$15.6$0.90
2016Detailed filing. Detailed filing data is available for this year.$2.18$2.18$12.8$16.7$3.84
2015Detailed filing. Detailed filing data is available for this year.$6.01$6.01$16.9$17.2$0.27
2014Summary only. Only limited summary data is available for this year.$6.28$0.00$14.1$9.83$4.28
2013Summary only. Only limited summary data is available for this year.$2.01$0.00$11.1$12.5$1.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$3.37$9.38$10.9$1.48