Italian American Future Leaders Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
CONDUCT AN ANNUAL FUTURE LEADERS CONFERENCE FOR THE YOUNGER GENERATIONS OF ITALIAN AMERICANS.
- Income
- $144,141
- Spending
- $175,634
- Reserves
- 0 months of spending
- Largest source of income
- donations and private grants, 98%
Source: Form 990EZ for the year ending June 30, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 6 out of 100. Higher than 2% of charities in its peer group (arts and culture, under $250k).
Reserves
4 of 35Spendable reserves would cover -0.0 months of spending.
Debt
0 of 20It owes 102% of what it owns.
Living within its means
0 of 15Spending exceeded income by 22% of income.
Source: Form 990EZ for the year ending June 30, 2026, 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 June 30, 2026, 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 (3)
- IAFL EVOLVED FROM AN ANNUAL EVENT INTO A TRUE YEAR-ROUND ORGANIZATION.WHEN IAFL4 CONCLUDED, THE WORK DIDN'T STOP. INSTEAD, IAFL CONTINUED BUILDING INFRASTRUCTURETHAT WILL EXIST WELL BEYOND ONE CONVENTION.THAT INCLUDES:A SIGNIFICANTLY EXPANDED WEBSITE WITH APPLICATIONS, REGISTRATION, AND CLEARER MESSAGING.ALUMNI ENGAGEMENT THROUGH FEATURES, STORIES, AND NEWSLETTERS.CONTINUOUS COMMUNICATIONS INSTEAD OF ONLY PROMOTING THE JANUARY CONVENTION.PLANNING IAFL5 NEARLY SIX MONTHS IN ADVANCE WITH SAVE THE DATE CAMPAIGNS, WEBSITEUPDATES, AND APPLICATION MESSAGING.DEVELOPING IAFL AS A RECOGNIZABLE NATIONAL BRAND RATHER THAN SIMPLY "THE CONVENTION."
- 2. IAFL BECAME FINANCIALLY AND PROFESSIONALLY POSITIONED FOR MAJOR SPONSORSHIPS.OVER THE LAST FEW MONTHS WE'VE CREATED:A COMPLETE SPONSORSHIP STRUCTUREPROFESSIONALLY NAMED SPONSORSHIP LEVELSPREMIUM SPONSOR BENEFITSSPONSORSHIP ONE-PAGERSVISUAL SPONSORSHIP SLIDESOUTREACH MATERIALSDEDICATED SPONSORSHIP EMAIL STRATEGYA MORE POLISHED IAFL IDENTITY FOR CORPORATE PARTNERS
- 3. IAFL'S BRAND AND MISSION BECAME MUCH CLEARER.EXAMPLES INCLUDE:ALUMNI SPOTLIGHTSIAFL5 BRANDINGCONSISTENT VISUAL IDENTITYPROFESSIONAL MESSAGINGWEBSITE COPYSTRONGER LANGUAGE AROUND LEADERSHIP, HERITAGE, AND COMMUNITY
Source: Form 990EZ for the year ending June 30, 2026, 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 October 13, 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 June 2026.
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 May 2023.
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 October 21, 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.