2025-09-03T12:53:53-04:00 2025-05-31 843535177 Sevfin LLC 7700 Kings Ride Boynton Beach FL 33436 990 2024-06-01 591742639 Il Circolo Inc % Robert J De Angelis ILCI 5612006300 7411 Modena Drive Boynton Beach FL 33437 ROBERT J DE ANGELIS Treasurer 5614458426 2025-08-25 true true DANIEL MAURA EA P02106259 9547786688 2025-09-03 X 2024 2025-03-06 01:10:19Z 468203 false X WWW.ILCIRCOLOFLORIDA.ORG X 1977 FL SUPPORT AND PROMOTE ITALIAN ARTS AND CULTURE 15 15 0 25 0 203573 282210 67301 10225 0 617 25 271491 292460 43685 45853 0 0 0 0 146103 113022 189788 158875 81703 133585 207237 382569 11099 52846 196138 329723 SUPPORT AND PROMOTE ITALIAN ARTS AND CULTURE false false 45853 18748 ITALIAN CULTURE IS PART OF THE MOSAIC OF OUR DAILY LIVES, INFLUENCING OUR VISION OF ART, BEAUTY, FASHION, DESIGN, ARCHITECTURE, CUISINE, NATURE,LANGUAGE, POETRY, PHILOSOPHY, THOUGHT, OPERA, AND MUSIC. SINCE THE BEGINNING, ANNUAL SCHOLARSHIPS HAVE BEEN GIVEN TO QUALIFIED STUDENTS TO STUDY IN ITALY. IN ADDITION, THE ORGANIZATION HAS BEEN A MAJOR SUPPORTER OF FLORIDA ATLANTIC UNIVERSITYS ITALIAN STUDIES PROGRAM, ONE OF THE ONLY TWO MAJOR PROGRAMS IN THE FLORIDA STATE UNIVERSITY SYSTEM. IL CIRCOLO HAS CONTRIBUTED TO A PROGRAM RELATED TO ITALIAN USAGE IN THE ARTS AT PALM BEACH ATLANTIC UNIVERSITY. FURTHERMORE, IL CIRCOLO CONTRIBUTES TO THE SUPPORT OF THE ITALIAN LANGUAGE COURSES AT PUBLIC AND PRIVATE SCHOOLS, SUCH AS THE HENDERSON SCHOOL INVOLVEMENT IN THE ARTS IS EPITOMIZED BY IL CIRCOLOS ANNUAL GRANTING OF THE MAESTRO ANTON GUADAGNO AWARD (FORMERLY CALLED THE GIUSEPPE VERDI AWARD) TO ONE OF THE WINNERS OF THE ANNUAL PALM BEACH OPERA VOCAL COMPETITION. 9346 10225 THE ORGANIZATION HOSTS VARIOUS EVENTS WITHIN THE STATE OF FLORIDA WHOSE PURPOSE IS TO PRESERVE AND PROMOTE THE ITALIAN CULTURE THROUGH EDUCATION,ART, AND MUSIC 55199 true true false false false false false false false false false false false false false false false false false false false false false false true false false true false false false false false false false false false true false false false false false false false false false false true 0 0 0 false false false false false false false false X 15 15 true false false false false false false true true false false true true true true true true true true false FL X Robert J De Angelis 5614458426 7411 Modena Drive Boynton Beach FL 33437 X Robert J De Angelis Treasurer 20.00 0.00 X 0 0 0 Rose De Angelis Director 1.00 0.00 X 0 0 0 Antonella Balzano Director 1.00 0.00 X 0 0 0 Lora David Director 1.00 0.00 X 0 0 0 John Diprato Executive Vice President 1.00 0.00 X 0 0 0 Paul Finizio President 10.00 0.00 X 0 0 0 Paolo Mangia Director 1.00 0.00 X 0 0 0 Tony Phillips Director 1.00 0.00 X 0 0 0 Chris Salamone Vice President 1.00 0.00 X 0 0 0 Sally Valenti Director 10.00 0.00 X 0 0 0 Ilaria Serra Director 1.00 0.00 X 0 0 0 Antoinette Vigilante Director 1.00 0.00 X 0 0 0 Sallee Adamo Director 1.00 0.00 X 0 0 0 Regina Peters Director 1.00 0.00 X 0 0 0 Anthony Yazzetti Director 1.00 0.00 X 0 0 0 0 0 0 0 false false false 14195 249267 18748 282210 Events 713990 10225 10225 10225 175743 249267 175743 0 Merchandise 459420 25 25 25 292460 10225 25 0 45853 45853 47792 47792 437 437 1100 1100 370 370 9874 9874 19804 19804 533 533 Merchant Processing Fees 14196 14196 Meals 8341 8341 Misc 158 158 Event expenses 9346 9346 1071 1071 158875 55199 103676 0 207197 382440 40 129 207237 382569 11099 15846 37000 11099 52846 X 196138 329723 196138 329723 207237 382569 133585 0 X false false false X 24225 4385 22155 33651 32943 117359 12150 60042 58070 385924 435285 951471 36375 64427 80225 419575 468228 1068830 0 0 0 0 0 0 1068830 84329 25 84354 36375 148756 80225 419575 468253 1153184 0.92690 0.83010 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Annual Gala 425010 249267 175743 15532 84837 15850 59524 425010 249267 175743 15532 84837 15850 59524 175743 true FAU Foundation 777 GLADES ROAD Boca Raton FL 33431 590917284 3 21000 Italian Studies Program & scholarships Florida Italian American Bar Associ 106 SE 9TH ST Fort Lauderdale FL 33316 920466773 3 5000 Promote Italian heritage Angel Projects LLC Management Services Fees for management services false Amended return information Answers to questions to Part VI were incorrect. We are amending the return to correct those answers and provide additional information via sch O. Officer directors etc family relationship Part VI line 2 ROBERT DE ANGELIS - TreasurerROSE DE ANGELIS - Director Form 990 governing body review Part VI line 11 THE TREASURER AND PRESIDENT REVIEWS THE FORM 990 PRIOR TO FILING. Conflict of interest policy compliance Part VI line 12c 1. Interested PersonAny director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, as defined below, is an interested person.2. Financial InterestA person has a financial interest if the person has, directly or indirectly, through business, investment, or family:a. An ownership or investment interest in any entity with which the Organization has a transaction or arrangement,b. A compensation arrangement with the Organization or with any entity or individual with which the Organization has a transaction or arrangement, orc. A potential ownership or investment interest in, or compensation arrangement with, any entity or individual with which the Organization is negotiating a transaction or arrangme Compensation includes direct and indirect remuneration as well as gifts or favors that are not insubstantial. A financial interest is not necessarily a conflict of interest. Under Article III, Section 2, a person who has a financial interest may have a conflict of interest only if the appropriate governing board or committee decides that a conflict of interest exists. 1. Duty to DiscloseIn connection with any actual or possible conflict of interest, an interested person must disclose the existence ofthe financial interest and be given the opportunity to disclose all material facts to the directors and members ofcommittees with governing board delegated powers considering the proposed transaction or arrangement. 2. Determining Whether a Conflict of Interest ExistsAfter disclosure of the financial interest and all material facts, and after any discussion with the interestedperson, he/she shall leave the governing board or committee meeting while the determination of a conflict ofinterest is discussed and voted upon. The remaining board or committee members shall decide if a conflict ofinterest exists. 3. Procedures for Addressing the Conflict of Interesta. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.b. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement.c. After exercising due diligence, the governing board or committee shall determine whether the Organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. d. If a more advantageous transaction or arrangement is not reasonably possible undercircumstances not producing a conflict of interest, the governing board or committee shalldetermine by majority vote of the disinterested directors whether the transaction or arrangement is in the Organizations best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. 4. Violations of the Conflict of Interest Policya. If the governing board or committee has reasonable cause to believe a member has failed todisclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose.b. If, after hearing the members response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. Article IVRecords of ProceedingsThe minutes of the governing board and all committees with board delegated powers shall contain:a. The names of the persons who disclosed or otherwise were found to have a financial interest inconnection with an actual or possible conflict of interest, the nature of the financial interest, anyaction taken to determine whether a conflict of interest was present, and the governing boards orcommittees decision as to whether a conflict of interest in fact existed.b. The names of the persons who were present for discussions and votes relating to the transactionor arrangement, the content of the discussion, including any alternatives to the proposedtransaction or arrangement, and a record of any votes taken in connection with the proceedings. Article VAnnual StatementsEach director, principal officer, and member of a committee with governing board delegated powers shallannually sign a statement which affirms such person:a. Has received a copy of the conflict of interest policy,b. Has read and understands the policy,c. Has agreed to comply with the policy, andd. Understands the Organization is charitable and in order to maintain its federal tax exemption itmust engage primarily in activities which accomplish one or more of its tax-exempt purposes. Article VIIPeriodic ReviewsTo ensure the Organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects:a. Whether compensation arrangements and benefits are reasonable, based on competent surveyinformation, and the result of arms length bargaining.b. Whether partnerships, joint ventures, and arrangements with management organizations conform to the Organizations written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes, and do not result in inurement, impermissible private benefit, or in an excess benefit Tra Article VIIIUse of Outside ExpertsWhen conducting the periodic reviews as provided for in Article VII, the Organization may, but need not, use outside advisors. If outside experts are used, their use shall not relieve the governing board of its responsibility for ensuring periodic reviews are conducted. CEO executive director top management comp Part VI line 15a ARTICLE NINESalariesThe Board of Directors shall hire and fix the compensation of any and all employees that they, in theirdiscretion, may determine are necessary in the conduct of the Corporations business. Other officer or key employee compensation Part VI line 15b ARTICLE NINESalariesThe Board of Directors shall hire and fix the compensation of any and all employees that they, in theirdiscretion, may determine are necessary in the conduct of the Corporations business. Governing documents etc available to public Part VI line 19 DOCUMENTS ARE AVAILABLE ON OUR WEBSITE