Civic Intelligence

Italy America Chamber of Commerce West

EIN 95-4161955 • 501(c)6 • Los Angeles, CA

Profile

Promote trade and commercial exchanges of goods and services between italy and the united states of america.

925 N LA Brea 400Los Angeles, CA 90038

www.iaccw.net

Siviq Scores

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

Liabilities / Assets

87th percentile

0.35x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.07x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

49th percentile

0.2%

Higher net margin than 49% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

41st percentile

-6.8%

Faster asset growth than 41% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

29%

Faster revenue growth than 83% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$81,803

Down $6,011 (-6.8%) from 2023

Liabilities

Down

$28,316

Down $6,695 (-19%) from 2023

Net Assets

Up

$53,487

Up $684 (+1.3%) from 2023

Revenue

Up

$392,159

Up $87,531 (+29%) from 2023

Expenses

Up

$391,475

Up $15,024 (+4.0%) from 2023

Net Income

Up

$684

Up $72,507 (+101%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $303,701Liabilities 2010: $677Net Assets 2010: $303,0242010Assets 2011: $282,593Liabilities 2011: $17,906Net Assets 2011: $264,6872011Assets 2012: $263,673Liabilities 2012: $788Net Assets 2012: $262,8852012Assets 2013: $207,899Liabilities 2013: $589Net Assets 2013: $207,3102013Assets 2014: $213,068Liabilities 2014: $10,184Net Assets 2014: $202,8842014Assets 2015: $97,203Liabilities 2015: $24,310Net Assets 2015: $72,8932015Assets 2016: $94,974Liabilities 2016: $58,531Net Assets 2016: $36,4432016Assets 2017: $85,340Liabilities 2017: $1,998Net Assets 2017: $83,3422017Assets 2018: $137,275Liabilities 2018: $30,483Net Assets 2018: $106,7922018Assets 2019: $152,409Liabilities 2019: $31,771Net Assets 2019: $120,6382019Assets 2020: $182,520Liabilities 2020: $30,715Net Assets 2020: $151,8052020Assets 2021: $179,957Liabilities 2021: $29,548Net Assets 2021: $150,4092021Assets 2022: $144,088Liabilities 2022: $19,462Net Assets 2022: $124,6262022Assets 2023: $87,814Liabilities 2023: $35,011Net Assets 2023: $52,8032023Assets 2024: $81,803Liabilities 2024: $28,316Net Assets 2024: $53,4872024

Highlighted filing

2024

Assets$81,803
Liabilities$28,316
Net Assets$53,487

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $453,695Expenses 2010: $532,818Net Income 2010: -$79,1232010Expenses 2011: $542,2082011Revenue 2012: $453,234Expenses 2012: $455,036Net Income 2012: -$1,8022012Revenue 2013: $551,024Expenses 2013: $606,599Net Income 2013: -$55,5752013Revenue 2014: $311,063Expenses 2014: $315,489Net Income 2014: -$4,4262014Revenue 2015: $214,413Expenses 2015: $344,404Net Income 2015: -$129,9912015Revenue 2016: $172,414Expenses 2016: $208,864Net Income 2016: -$36,4502016Revenue 2017: $292,449Expenses 2017: $245,550Net Income 2017: $46,8992017Revenue 2018: $389,274Expenses 2018: $365,824Net Income 2018: $23,4502018Revenue 2019: $354,570Expenses 2019: $340,724Net Income 2019: $13,8462019Revenue 2020: $291,658Expenses 2020: $260,491Net Income 2020: $31,1672020Revenue 2021: $352,193Expenses 2021: $353,589Net Income 2021: -$1,3962021Revenue 2022: $375,614Expenses 2022: $401,397Net Income 2022: -$25,7832022Revenue 2023: $304,628Expenses 2023: $376,451Net Income 2023: -$71,8232023Revenue 2024: $392,159Expenses 2024: $391,475Net Income 2024: $6842024

Highlighted filing

2024

Revenue$392,159
Expenses$391,475
Net Income$684

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.28$0.53$3.92$3.91$0.01
2023Summary only. Only limited summary data is available for this year.$0.88$0.35$0.53$3.05$3.76$0.72
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.19$1.25$3.76$4.01$0.26
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.30$1.50$3.52$3.54$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.31$1.52$2.92$2.60$0.31
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.32$1.21$3.55$3.41$0.14
2018Summary only. Only limited summary data is available for this year.$1.37$0.30$1.07$3.89$3.66$0.23
2017Summary only. Only limited summary data is available for this year.$0.85$0.02$0.83$2.92$2.46$0.47
2016Detailed filing. Detailed filing data is available for this year.$0.95$0.59$0.36$1.72$2.09$0.36
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.24$0.73$2.14$3.44$1.30
2014Summary only. Only limited summary data is available for this year.$2.13$0.10$2.03$3.11$3.15$0.04
2013Detailed filing. Detailed filing data is available for this year.$2.08$0.01$2.07$5.51$6.07$0.56
2012Summary only. Only limited summary data is available for this year.$2.64$0.01$2.63$4.53$4.55$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$0.18$2.65$5.42
2010Summary only. Only limited summary data is available for this year.$3.04$0.01$3.03$4.54$5.33$0.79
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 9, 2025
Return Version
2024v5.2
Gross Receipts
$392,159
Mission and Program Overview

Mission

Promote trade and commercial exchanges of goods and services between italy and the united states of america.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$83,944$62,706▼ $21,238
Rtn Earn Endowment Incm Other Fnds$52,803$53,487▲ $684
Accounts Receivable$1,000$17,529▲ $16,529
Land, Buildings, and Equipment, Net$159$62▼ $97
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$87,814$81,803▼ $6,011
Other Assets Total$2,711$1,506▼ $1,205
Liabilities
Accounts Payable and Accrued Expenses$35,011$28,316▼ $6,695
Total Liabilities$35,011$28,316▼ $6,695
Net Assets / Fund Balance
Total Net Assets Fund Balance$52,803$53,487▲ $684
Total Liabilities and Net Assets / Fund Balance$87,814$81,803▼ $6,011

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$62$2,026$2,088
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$66,475
Program Service Revenue
$325,670
Investment Income
$14
Other Revenue
$0
Change in Net Assets
$684
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$233,120
Salaries, Compensation, and Employee Benefits$158,355
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$146,066
Occupancy$8,203$8,537-$16,740
Payroll Taxes$6,022$6,267-$12,289
Interest$4,353$4,531-$8,884
All Other Expenses$3,951$4,114-$8,065
Office Expenses$2,443$2,542-$4,985
Other Expenses$2,227$2,318-$4,545
Travel$1,882$1,958-$3,840
Insurance$847$882-$1,729
Depreciation Depletion$48$49-$97
Total Functional Expenses$210,113$35,296$0$391,475
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has members

Form 990, Part VI, Section B, Line 11B

The form is reviewed by the executive director

Form 990, Part VI, Section B, Line 15A

Compensation review and approval by the board of directors

Form 990, Part VI, Section C, Line 19

Available for inspection upon request

Filing and Contact Details

Filer

Filer Name
Italy America Chamber of Commerce West
EIN
95-4161955
Phone
3105573017
Address
925 N LA BREA 400, LOS ANGELES, CA 90038

Signing Officer

Name
Genny Nevoso
Title
Executive Director
Signed
2025-09-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Genny Nevoso
Formed
1987
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
1
Volunteers
2

Preparer

Firm
John M Coleman CPA
Address
1308 BERKELEY ST APT 3, SANTA MONICA, CA 90404
Preparer
John Coleman
Phone
3103153026
Raw XML AppendixShowing 400 of 417 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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IRS990/LocalChaptersInd0false
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROMOTE TRADE AND COMMERCIAL EXCHANGES OF GOODS AND SERVICES BETWEEN ITALY AND THE UNITED STATES OF AMERICA.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt08537
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IRS990/OccupancyGrp/TotalAmt016740
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IRS990/OfficeExpensesGrp/TotalAmt04985
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
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IRS990/OtherAssetsTotalGrp/BOYAmt02711
IRS990/OtherAssetsTotalGrp/EOYAmt01506
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0CONSULTING AND ADVISORY SERVIC
IRS990/OtherExpensesGrp/Desc1TRADE PROMOTION PROJECTS
IRS990/OtherExpensesGrp/Desc2LEGAL AND PROFESSIONAL
IRS990/OtherExpensesGrp/Desc3SUPPLIES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12318
IRS990/OtherExpensesGrp/ProgramServicesAmt0104582
IRS990/OtherExpensesGrp/ProgramServicesAmt171618
IRS990/OtherExpensesGrp/ProgramServicesAmt23937
IRS990/OtherExpensesGrp/ProgramServicesAmt32227
IRS990/OtherExpensesGrp/TotalAmt0104582
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IRS990/OtherExpensesGrp/TotalAmt28035
IRS990/OtherExpensesGrp/TotalAmt34545
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06267
IRS990/PayrollTaxesGrp/ProgramServicesAmt06022
IRS990/PayrollTaxesGrp/TotalAmt012289
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
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IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/ReconcilationRevenueExpnssAmt0684
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt052803
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt053487
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt02026
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02088
IRS990ScheduleD/TotalBookValueLandBuildingsAmt062
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM IS REVIEWED BY THE EXECUTIVE DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE FOR INSPECTION UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
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IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt081803
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IRS990/TotalLiabilitiesGrp/BOYAmt035011
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt052803
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IRS990/TotalProgramServiceRevenueAmt0325670
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0325684
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0392159
IRS990/TotalVolunteersCnt02
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IRS990/TravelGrp/ManagementAndGeneralAmt01958
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IRS990/TravelGrp/TotalAmt03840
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0925 N LA BREA 400
IRS990/USAddress/CityNm0LOS ANGELES
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090038
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0WWW.IACCW.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GENNY NEVOSO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-09
ReturnHeader/DisasterReliefTxt0LOS ANGELES COUNTY FIRES
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ITALY AMERICA CHAMBER OF COMMERCE WEST
ReturnHeader/Filer/BusinessNameControlTxt0ITAL
ReturnHeader/Filer/EIN0954161955
ReturnHeader/Filer/PhoneNum03105573017
ReturnHeader/Filer/USAddress/AddressLine1Txt0925 N LA BREA 400

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