Il Circolo
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Il Circolo does not meet the following 6 Standards for Charity Accountability:
Standard 4 (Compensated Board Members)
Not more than one or 10% (whichever is greater) directly or indirectly compensated person(s) serving as voting member(s) of the board. Compensated members shall not serve as the board's chair or treasurer.
Il Circolo does not meet this Standard because:
- The treasurer of the board of directors is compensated directly.
Standard 8 (Program Service Expense Ratio)
Spend at least 65% of its total expenses on program activities.
Il Circolo does not meet this Standard because:
- According to the organization's IRS Form 990 for the year ended May 31, 2023, Il Circolo spent $72,748 or 64% of its total expenses on programs.
Standard 9 (Fund Raising Expense Ratio)
Spending should be no more than 35% of related contributions on fund raising. Related contributions include donations, legacies, and other gifts received as a result of fund raising efforts.
Il Circolo does not meet this Standard because:
- According to the organization's IRS Form 990 for the year ended May 31, 2023, Il Circolo's fundraising costs were 37% ($8,193) of related contributions, which totaled $22,155.
Standard 14 (Budget)
Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.
Il Circolo does not meet this Standard because, when the organization provided 2025 budget information, it indicated that the budget:
- Did not identify total projected program service expenses.
- Did not identify total projected fundraising expenses.
- Did not identify total projected administrative expenses.
Standard 16 (Annual Report)
Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.
Il Circolo does not meet this Standard because the annual report for the year ended May 31, 2024, did not include:
- A summary of 2023-2024 program service accomplishments.
- Total fundraising expenses.
- Total administrative expenses.
- Total end-of-year net assets.
Standard 18 (Privacy for Written Appeals & Internet Privacy)
Address privacy concerns of donors by (a) providing in written appeals, at least annually, a means (e.g., such as a check off box) for both new and continuing donors to inform the charity if they do not want their name and address shared outside the organization, (b) providing a clear, prominent and easily accessible privacy policy on any of its websites that tells visitors (i) what information, if any, is being collected about them by the charity and how this information will be used, (ii) how to contact the charity to review personal information collected and request corrections, (iii) how to inform the charity (e.g., a check off box) that the visitor does not wish his/her personal information to be shared outside the organization, and (iv) what security measures the charity has in place to protect personal information.
Il Circolo does not meet this Standard because the privacy policy on its website, https://ilcircoloflorida.org/, does not indicate:
- What security measures are in place to protect personal information that is collected.
The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability: 15
Il Circolo meets the remaining 13 Standards for Charity Accountability.
Stated Purpose:
"to support and promote Italian arts and culture."
Year, State Incorporated:
1977, FL
Il Circolo reports that it promotes Italian culture, arts, and language across Florida. The organization offers annual scholarships to qualified students pursuing studies in Italy. Scholarships typically range from $500 to $2,500, with some awards offering up to $5,000. Il Circolo facilitates special subject and language courses, educational resources, and members-only programs. The organization organizes cultural and social events, including an annual fundraising gala, to honor individuals who have contributed to the community and support ongoing educational programs and scholarships.
For the year ended May 31, 2023, Il Circolo's program expenses were:
Program services: $72,748
Total Program Expenses: $72,748
Chief Executive
Robert J. De Angelis, Executive Director
Compensation*
$14,700
Chair of the Board
Paul G. Finizio, Esq.
Chair's Profession / Business Affiliation
Founder and Partner, The Finizio Law Group
Board Size
17
Paid Staff Size
1
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Grant proposals, Internet, Direct mail appeals, Radio
Fundraising costs were 37% of related contributions. (Related contributions, which totaled $22,155, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Il Circolo's audited financial statements for the year ended May 31, 2023.
Source of Funds
| Fundraising events | $-33,838 |
| Special events | $20,555 |
| Contributions | $1,600 |
| Membership dues | $13,768 |
| Event registration and tickets | $44,302 |
| Total Income | $46,387 |
Programs: 64% Fundraising: 7% Administrative: 28%
| Total Income | $46,387 |
| Total expenses: | $113,157 |
| Program expenses | $72,748 |
| Fundraising expenses | $8,193 |
| Administrative expenses | $32,216 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-66,770 |
| Beginning Net Assets | $185,623 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $118,853 |
| Total Liabilities | $15,010 |
| Total Assets | $133,863 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance