Italian-american Lawyers Assn Los Angeles Robert Palazzo is a 501(c)(6) organization based in Los Angeles, California, registered in 1980, with $124,375 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$124K
▼ 5.4% vs prior year
Expenses (FY2025)
$26K
Net assets
$55K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Italian-american Lawyers Assn Los Angeles Robert Palazzo— 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 Italian-american Lawyers Assn Los Angeles Robert Palazzo: 25 mo reserves · +79% margin earns a A 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 Italian-american Lawyers Assn Los Angeles Robert Palazzo— 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 Italian-american Lawyers Assn Los Angeles Robert Palazzo: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $3,258 (FY2013) to $124K (FY2025) across 13 reported years.
Financial snapshot
Operating margin
79.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$55K
Net assets
$55K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $124,375▼5.4% | $25,970▼64.5% | $54,980▲7.8% | $54,980▲7.8% | 990EZ |
| 2024 | $131,500▼21.6% | $73,200▼56.1% | $51,000▲112% | $51,000▲112% | 990EZ |
| 2023 | $167,623▲87.5% | $166,658▲99.9% | $24,020▲4.2% | $24,020▲4.2% | 990 |
| 2022 | $89,407▲176% | $83,355▲150% | $23,055▲35.6% | $23,055▲35.6% | 990 |
| 2021 | $32,368▼48.8% | $33,291▼53.1% | $17,003▼5.1% | $17,003▼5.1% | 990 |
| 2020 | $63,204▼22.5% | $70,945▲6.1% | $17,926▼30.2% | $17,926▼30.2% | 990 |
| 2019 | $81,543▲204% | $66,864▲60.4% | $25,667▲134% | $25,667▲134% | 990 |
| 2018 | $26,795▼49.8% | $41,680▼15.6% | $10,988▼57.5% | $10,988▼57.5% | 990 |
| 2017 | $53,423▲5557% | $49,382 | $25,873▲18.5% | $25,873▲18.5% | 990 |
| 2016 | -$979▲86.4% | $0▼100% | $21,832▼4.3% | $21,832▼4.3% | 990 |
| 2015 | -$7,214▼2222% | $3,000▼0.2% | $22,811▼30.9% | $22,811▼30.9% | 990 |
| 2014 | $340▼89.6% | $3,007▼14.1% | $33,025▼7.5% | $33,025▼7.5% | 990 |
| 2013 | $3,258 | $3,500 | $35,692 | $35,692 | 990EZ |
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 Italian-american Lawyers Assn Los Angeles Robert Palazzo (EIN 95-3453544) 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.