2025-05-13T15:25:13-05:00 2024-06-30 132907212 FRENDEL BROWN & WEISSMAN LLP CPA'S 655 THIRD AVE - SUITE 1400 NEW YORK NY 10017 990 2023-07-01 132910511 LA SCUOLA D ITALIA-GUGLIELMO MARCONI LASC 2123693290 12 EAST 96TH STREET NEW YORK NY 10128 MICHAEL CASCIANELLI HEAD OF SCHOOL 2123693290 2025-05-13 1 0 SANDRA SKIBOLA P01695149 2128679630 2025-05-13 2023 2025-03-06 01:10:19Z LUCIA CARBONE 12 EAST 96TH STREET NEW YORK NY 10128 6300796 0 X WWW.LASCUOLADITALIA.ORG X 1977 NY EDUCATIONAL INSTITUITION - BILINGUAL AND BICULTURAL (ITALIAN/ENGLISH) SCHOOL FOR CHILDREN PRE-K THROUGH HIGH SCHOOL. 12 12 55 0 0 0 442146 1167463 3887672 4257588 71888 1867 9555871 697745 13957577 6124663 0 0 0 0 3053659 3124305 0 0 0 1921938 1418167 4975597 4542472 8981980 1582191 2867860 2900344 14778857 13229150 -11910997 -10328806 PROVIDE A COMPLETE BILINGUAL AND BICULTURAL EDUCATION (ITALIAN AND ENGLISH) WHICH CONFORMS TO THE ITALIAN MINISTRY SYSTEM FOR CHILDREN IN GRADES PREK THROUGH 12. 0 0 3210904 4257588 PROVIDE A COMPLETE BILINGUAL AND BICULTURAL EDUCATION (ITALIAN AND ENGLISH) WHICH CONFORMS TO THE ITALIAN MINISTRY SYSTEM FOR CHILDREN IN GRADES PREK THROUGH 12. 3210904 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 1 55 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X PAOLA SERRONE 2123693290 12 EAST 96 STREET NEW YORK NY 10128 ALFONSO CERULLO TRUSTEE 5.00 0.00 X 0 0 0 ANGELO MACRI TRUSTEE 5.00 0.00 X 0 0 0 ENRICO ZANON TREASURER 5.00 0.00 X X 0 0 0 JOSEPH MORANDI TRUSTEE 5.00 0.00 X 0 0 0 FRANCESCA VERGA MD VICE CHAIRPERSON 5.00 0.00 X 0 0 0 JASON PEDICONE TRUSTEE 5.00 0.00 X 0 0 0 LUCIA CARBONE CHAIRPERSON 5.00 0.00 X 0 0 0 MARIA FIORINI RAMIREZ TRUSTEE 5.00 0.00 X 0 0 0 VALENTINO GALLO TRUSTEE 5.00 0.00 X 0 0 0 SILVIA POGGI SECRETARY 5.00 0.00 X X 0 0 0 ANDIANA VAMVAKAS TRUSTEE 5.00 0.00 X 0 0 0 CARLA VARRIALE BAKER TRUSTEE 5.00 0.00 X 0 0 0 MICHAEL CASCIANELLI HEAD OF SCHOOL 40.00 0.00 X 122500 0 0 122500 0 0 1 0 0 0 0 206486 960977 1167463 TUITION 611110 4213466 4213466 AFTER SCHOOL FEES 611110 44122 44122 4257588 1867 1867 176133 206486 176133 0 REVERSAL OF BUILDNYC L 900099 595000 595000 SETTLEMENT AGREEMENT 900099 100255 100255 BOOKS & OTHER REVENUE 900099 2490 2490 697745 6124663 4260078 0 697122 122500 122500 2481456 2254732 226724 307917 261729 46188 212432 180567 31865 85491 85491 50000 50000 24225 24225 10665 10665 33596 33596 109966 104166 5800 14171 14171 2473 2473 600127 600127 57164 51448 5716 85413 76872 8541 CLEANING SERVICES 134446 121001 13445 SCHOOL SUPPLIES 93210 93210 EQUIPMENT RENTAL & MAIN 54784 6398 48386 TEXT BOOKS AND SUBSCRIP 33463 33463 28973 24845 4128 4542472 3210904 1331568 0 1520331 1568070 62055 33643 69723 78904 5897005 4677278 1190751 1219727 25000 0 2867860 2900344 2152708 483242 1228815 1330766 11397334 11415142 14778857 13229150 X -11910997 -10328806 -11910997 -10328806 2867860 2900344 1582191 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 958000 958000 3790584 3790584 0 654099 422372 231727 494322 464322 30000 1219727 X 6124663 0 6124663 0 6124663 4542472 0 4542472 0 4542472 PART X, LINE 2: THE SCHOOL ADOPTED THE PROVISIONS OF ASC 740, "INCOME TAXES", ON JULY 1, 2009. UNDER ASC 740, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. THE IMPLEMENTATION OF ASC 740 HAD NO IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL DOES NOT BELIEVE IT HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECORDED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE SCHOOL HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. ADDITIONALLY, THE SCHOOL HAS FILED IRS FORM 990 INFORMATION RETURNS, AS REQUIRED, AND ALL OTHER APPLICABLE RETURNS IN JURISDICTIONS WHERE SO REQUIRED. FOR THE YEARS ENDED JUNE 30, 2023 AND 2024, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE STATEMENT OF ACTIVITIES. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY A TAXING AUTHORITY. AS OF JUNE 30, 2024, THE SCHOOL WAS NOT SUBJECT TO ANY EXAMINATION BY A TAXING AUTHORITY. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ADVERTISING, ADMISSION BROCHURES AND PUBLICATIONS STATE THAT THE SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF RACE, RELIGION OR PHYSICAL DISABILITY. GALA 382619 206486 176133 176133 382619 206486 176133 176133 176133 0 1 X X X 0 0 0 0 0 0 0 0 0 MICHAEL CASCIANELLI HEAD OF SCHOOL 28000 TUITION BENEFIT FOR DEPENDENT CHILD FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND THEN REVIEWED BY THE FINANCE DEPARTMENT. THE BOARD OF TRUSTEES IS PROVIDED A COPY OF THE FORM 990 FOR REVIEW AND COMMENTS BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ARE GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY AND ASKED TO ANNUALLY SIGN A DOCUMENT THAT THEY AGREE TO DISCLOSE IF THEY BELIEVE A CONFLICT EXISTS, AND ABIDE BY THE POLICIES DETAILED IN THE POLICY FOR HANDLING SUCH CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES USES COMPARABLE SALARY DATA FOR THE POSITION OF HEAD OF THE SCHOOL IN SETTING COMPENSATION ANNUALLY. NO OTHER OFFICERS OR KEY EMPLOYEES RECEIVE COMPENSATION FROM THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE ROGANIZATION WILL MAKE AVAILABLE ONLY THOSE DOCUMENTS REQUIRED TO BE DISCLOSED UNDER THE PUBLIC INSPECTION LAWS.