American-italian Societies is a 501(c)(4) organization based in Ishpeming, Michigan, registered in 1967, with $563 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$563
▼ 93.3% vs prior year
Expenses (FY2024)
$12K
Net assets
$966K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for American-italian Societies— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For American-italian Societies: 965 mo reserves · -2033% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for American-italian Societies— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For American-italian Societies: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $18K (FY2013) to $563 (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-2032.5%
Spent more than it raised in the latest fiscal year.
Total assets
$966K
Total liabilities
$0
Net assets
$966K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $563▼93.3% | $12,006▲78.4% | $965,513▲29.2% | $965,513▲29.2% | 990 |
| 2022 | $8,393▼25.3% | $6,728▼3.0% | $747,330▼8.7% | $747,330▼8.7% | 990 |
| 2021 | $11,230▼11.7% | $6,934▲414% | $818,256▲32.3% | $818,256▲32.3% | 990 |
| 2020 | $12,719▼26.5% | $1,349▼89.1% | $618,657▼28.6% | $618,657▼28.6% | 990 |
| 2019 | $17,310▲1.5% | $12,380▲83.1% | $867,001▲11.7% | $867,001▲11.7% | 990 |
| 2018 | $17,052▲2211% | $6,760▼70.4% | $776,256▼16.1% | $776,256▼16.1% | 990 |
| 2017 | $738▼96.0% | $22,834▲93.8% | $925,731▲5.4% | $925,731▲5.4% | 990 |
| 2016 | $18,419▲88.3% | $11,785▼18.4% | $878,713▲0.9% | $878,713▲0.9% | 990 |
| 2015 | $9,782▼48.7% | $14,448▲8.1% | $871,207▼1.2% | $871,207▼1.2% | 990 |
| 2014 | $19,051▲4.0% | $13,362▼4.0% | $881,773▲14.1% | $881,773▲14.1% | 990 |
| 2013 | $18,327 | $13,926▲37.5% | $773,038▲20.1% | $773,038▲20.1% | 990 |
| 2012 | — | $10,125▲113% | $643,679▲13.3% | $643,679▲13.3% | 990 |
| 2011 | — | $4,751▼43.3% | $568,366▼4.9% | $568,366▼4.9% | 990 |
| 2010 | — | $8,381 | $597,924 | $597,924 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for American-italian Societies (EIN 38-6142921) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.