Nonprofit · EIN 94-3226838
SAN FRANCISCO ITALIAN ATHLETIC CLUB FOUNDATION
Tax-exempt (reinstated) · SAN FRANCISCO, CA 94133
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $617,836 | $460,538 | $157,298 | $827,460 | $31,147 | $796,313 |
| December 31, 2024 | 990 | $494,954 | $468,228 | $26,726 | $754,298 | $111,807 | $642,491 |
| December 31, 2023 | 990 | $544,525 | $301,336 | $243,189 | $662,438 | $36,739 | $625,699 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $958,843
- of which government grants
- $10,000
- Program service revenue
- $55,046
- Investment income
- $4,012
- Net income from fundraising events
- -$402,635
- Net income from gaming
- $2,570
- Other revenue
- -$400,065
Expenses
- Grants and similar amounts paid
- $84,380
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $42,167
- Depreciation
- $2,100
- Program services (functional)
- $293,453
- Management and general (functional)
- $167,085
Balance sheet and other
- Total assets, start of year
- $754,298
- Total assets, end of year
- $827,460
- Total liabilities, end of year
- $31,147
- Net assets, end of year
- $796,313
- Land, buildings and equipment
- $271,195
- Net assets without donor restrictions
- $796,313
- Gross receipts
- $1,025,882
- Employees
- 0
- Volunteers
- 14
- Year formed
- 1995
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM ISETTA | PRESIDENT/BOARD CHAIR Trustee or director, Officer | 3 | $0 |
| RANDY BESOLO | VICE PRESIDENT Trustee or director, Officer | 3 | $0 |
| FRANCO CIRELLI | TREASURER Trustee or director, Officer | 3 | $0 |
| NICOLAS FIGONE | SECRETARY Trustee or director, Officer | 3 | $0 |
| RICHARD ARMANINO | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL CAPONIGRO | DIRECTOR Trustee or director | 1 | $0 |
| JOHN CARDENTE | DIRECTOR Trustee or director | 1 | $0 |
| JOSEPH ELEFANTE | DIRECTOR Trustee or director | 1 | $0 |
| JOE FARRIS | DIRECTOR Trustee or director | 1 | $0 |
| MOLLY LEVERONI | DIRECTOR Trustee or director | 1 | $0 |
| JULIANA PISANI | DIRECTOR Trustee or director | 1 | $0 |
| TIM SZARNICKI | DIRECTOR Trustee or director | 1 | $0 |
| ELENA BARBAGELATA | DIRECTOR (FROM APRIL 2025) Trustee or director | 1 | $0 |
| GINA VON ESMARCH | DIRECTOR (FROM APRIL 2025) Trustee or director | 1 | $0 |
| JILL MICHELI | DIRECTOR (UNTIL APRIL 2025) Trustee or director | 1 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCELLA BRAWLEY | DIRECTOR (UNTIL FEBRUARY 2025) Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM ISETTA | PRESIDENT/BOARD CHAIR Trustee or director, Officer | 3 | $0 |
| RANDY BESOLO | VICE PRESIDENT Trustee or director, Officer | 3 | $0 |
| FRANCO CIRELLI | TREASURER Trustee or director, Officer | 3 | $0 |
| THOMAS PIRO | TREASURER (UNTIL MAY 2024) Trustee or director, Officer | 3 | $0 |
| NICOLAS FIGONE | SECRETARY Trustee or director, Officer | 3 | $0 |
| RICHARD ARMANINO | DIRECTOR Trustee or director | 1 | $0 |
| MARCELLA BRAWLEY | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL CAPONIGRO | DIRECTOR Trustee or director | 1 | $0 |
| JOHN CARDENTE | DIRECTOR Trustee or director | 1 | $0 |
| JOSEPH ELEFANTE | DIRECTOR Trustee or director | 1 | $0 |
| JOE FARRIS | DIRECTOR Trustee or director | 1 | $0 |
| MOLLY LEVERONI | DIRECTOR Trustee or director | 1 | $0 |
| JILL MICHELI | DIRECTOR Trustee or director | 1 | $0 |
| JULIANA PISANI | DIRECTOR Trustee or director | 1 | $0 |
| TIM SZARNICKI | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nicolas Figone | Secretary Trustee or director, Officer | 3 | $0 |
| Randy Besolo | Vice President Trustee or director, Officer | 3 | $0 |
| Thomas Piro | Treasurer Trustee or director, Officer | 3 | $0 |
| William Isetta | President/Board Chair Trustee or director, Officer | 3 | $0 |
| Franco Cirelli | Director Trustee or director | 1 | $0 |
| Joseph Elefante | Director Trustee or director | 1 | $0 |
| Juliana Pisani | Director Trustee or director | 1 | $0 |
| Molly Leveroni | Director Trustee or director | 1 | $0 |
| Richard Armanino | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1630 STOCKTON ST, SAN FRANCISCO, CA 94133-3316
- Principal officer (990 for 2025)
- WILLIAM ISETTA, 1630 STOCKTON STREET, SAN FRANCISCO, CA 94133
- Signed the 990
- WILLIAM ISETTA, PRESIDENT
- Phone
- (415) 781-0165
- Website
- WWW.SFIACFOUNDATION.ORG
- 990-N for 2018 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Luigi Pinotti, 1630 Stockton Street, San Francisco CA 94133. Mailing address: 1630 Stockton Street, San Francisco CA 94133. Website: www.sfiacfoundation.org
- Return prepared by
- CROWE LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 94-3226838 or by the name SAN FRANCISCO ITALIAN ATHLETIC CLUB FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO ENGAGE IN CHARITABLE AND EDUCATIONAL ACTIVITIES INCLUDING, BUT NOT LIMITED TO (I) PROMOTING AND PRESERVING ITALIAN CULTURE AND HERITAGE THROUGH CULTURAL EVENTS AND ACTIVITIES, AND (II) ENGAGING IN ANY OTHER RELATED CHARITABLE AND EDUCATIONAL ACTIVITIES AS DETERMINED BY THE BOARD OF DIRECTORS TO BE APPROPRIATE.
Program accomplishments
- THE FOUNDATION WAS FORMED TO PROVIDE COLLEGE AND HIGH SCHOOL EDUCATIONAL OPPORTUNITIES TO THE CHILDREN, GRANDCHILDREN, AND GREAT GRANDCHILDREN OF PERSONS OF ITALIAN DESCENT BY PROVIDING SCHOLARSHIPS. THE FOUNDATION IS CONCERNED WITH THE EDUCATION OF YOUNG PEOPLE TO BECOME TOMORROW'S LEADERS. AS DESCENDANTS OF ITALIAN IMMIGRANTS, WHO HAD LIMITED ACCESS TO EDUCATIONAL ASSISTANCE, THE MEMBERS OF THE SAN FRANCISCO ITALIAN ATHLETIC CLUB KNOW THE NEED OF AND THE VALUE OF LIMITED FINANCIAL ASSISTANCE TO ACHIEVE EDUCATION GOALS.THE HIGHSCHOOL SPORTS AWARD DINNER RECOGNIZES THE TOP PERFORMING MALE AND FEMALE STUDENT-ATHLETES IN SAN FRANCISCO HIGH SCHOOLS WITH PERPETUAL TROPHIES, KEYNOTE SPEAKERS, AND A SIT DOWN DINNER. PROCEEDS FROM THE EVENT HAVE BEEN DONATED TO VARIOUS NON-PROFITS WHICH SUPPORT HIGH SCHOOL ATHLETICS IN SAN FRANCISCO.Expenses $293,453 · grants $84,380 · revenue $55,046
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 94-3226838
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A23)
- Assets (IRS master file)
- $827,460
- Income (IRS master file)
- $1,025,882
Revocation and reinstatement
- Exemption revoked
- August 15, 2017
- Posted by the IRS
- November 13, 2017
- Reinstated
- Effective August 15, 2017
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $617,836 | $460,538 | $827,460 | IRS |
| 990 | December 2024 | $494,954 | $468,228 | $754,298 | IRS |
| 990 | December 2023 | $544,525 | $301,336 | $662,438 | XML |
| 990 | December 2022 | $240,615 | $125,305 | $435,596 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990-N for 2018 Officer: Luigi Pinotti Filed under this EIN, most likely by a chapter or affiliate | March 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | March 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-3226838).
Questions about SAN FRANCISCO ITALIAN ATHLETIC CLUB FOUNDATION
- What is the EIN of SAN FRANCISCO ITALIAN ATHLETIC CLUB FOUNDATION?
- The employer identification number (EIN) of SAN FRANCISCO ITALIAN ATHLETIC CLUB FOUNDATION is 94-3226838.
- Is SAN FRANCISCO ITALIAN ATHLETIC CLUB FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on August 15, 2017 and reinstated it effective August 15, 2017.
- Are donations to SAN FRANCISCO ITALIAN ATHLETIC CLUB FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SAN FRANCISCO ITALIAN ATHLETIC CLUB FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SAN FRANCISCO ITALIAN ATHLETIC CLUB FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SAN FRANCISCO ITALIAN ATHLETIC CLUB FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SAN FRANCISCO ITALIAN ATHLETIC CLUB FOUNDATION?
- The 990 for the year ended December 31, 2025 names WILLIAM ISETTA.
- Who are the officers and directors of SAN FRANCISCO ITALIAN ATHLETIC CLUB FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does SAN FRANCISCO ITALIAN ATHLETIC CLUB FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $617,836, expenses of $460,538 and total assets of $827,460 at year end.
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