Cleveland Italian Scholarship Club
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE PURPOSE IS TO RAISE FUNDS FROM ITS MEMBERSHIP TO ENABLE THE ASSOCIATION TO PROVIDE COLLEGE SCHOLARSHIPS/GRANTS TO COLLEGE STUDENTS ATTENDING A QUALIFIED FOUR (4) YEAR ACCREDITED INSTITUTION.
- Income
- $21,715
- Spending
- $10,954
- Reserves
- Over 10 years of spending
- Largest source of income
- other income, 83%
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $9,000 spent. THE PURPOSE IS TO RAISE FUNDS FROM ITS MEMBERSHIP TO ENABLE THE ASSOCIATION TO PROVIDE COLLEGE SCHOLARSHIPS/GRANTS TO COLLEGE STUDENTS ATTENDING A QUALIFIED FOUR (4) YEAR ACCREDITED INSTITUTION. FURTHER, DURING MOST MONTHS OF THE YEAR THERE ARE DINNER MEETINGS HELD TO RAISE ADDITIONAL FUNDS AND CONDUCT THE BUSINESS OF THE ASSOCIATION. QUALIFIED CANDIDATES FOR THESE SCHOLARSHIPS/GRANTS ARE INTERVIEWED AND MEMBERS OF THE ASSOCIATION HAVE EDUCATIONAL SEMINARS AT THESE MEETINGS. VARIOUS EDUCATORS WITHIN THE LOCALE OF THE ASSOCIATION HAVE ALSO BEEN INVITED IN FOR THEIR INFORMATION. SIX ANNUAL FOUR (4) YEAR SCHOLARSHIPS WERE AWARDED IN 2024 FOR A TOTAL 2024 EXPENDITURE OF 9,000.00.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1999.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.