Is Laborers International Union Of North America Legit?
Quick charity verification for Laborers International Union Of North America (EIN: 110908115)
Verdict: Laborers International Union Of North America appears trustworthy
75/100Mission Score
$6.3MRevenue
$5.0MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown (programs, admin, fundraising) in provided data
Consistent 0% officer compensation reported, which may obscure executive pay if categorized elsewhere
Strengths
Consistent revenue generation and growth over the past decade
Steady growth in assets, indicating financial stability (from $3.6M in 2014 to $5.3M in 2023)
Very low or zero liabilities across all filing periods, demonstrating strong financial health
Expenses generally managed below revenue, leading to surpluses in most recent years
Spending Breakdown
How Laborers International Union Of North America allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Laborers International Union Of North America
Is Laborers International Union Of North America a legitimate charity?
Based on AI analysis of IRS 990 filings, Laborers International Union Of North America (EIN: 110908115) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Laborers International Union Of North America a good charity to donate to?
Laborers International Union Of North America has a Mission Score of 75/100. Revenue: $6.3M. Assets: $5.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Laborers International Union Of North America?
The Employer Identification Number (EIN) for Laborers International Union Of North America is 110908115. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Laborers International Union Of North America spend its money?
Laborers International Union Of North America allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Laborers International Union Of North America's tax-exempt status?
You can verify Laborers International Union Of North America's tax-exempt status using EIN 110908115 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Laborers International Union Of North America demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, contributing to a steady growth in assets. For example, in 2023, revenue was $6,081,865 against expenses of $5,714,772, resulting in a surplus. The organization's assets have grown from $3,658,332 in 2014 to $5,393,982 in 2023, indicating financial stability and accumulation of resources. Liabilities have remained very low or zero across most periods, suggesting a healthy balance sheet and minimal debt burden.
The spending efficiency, while not fully detailed in the provided data, shows that the organization consistently spends a significant portion of its revenue on its operations. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio cannot be calculated. However, the consistent operational expenses relative to revenue suggest that the organization is actively utilizing its funds. The absence of reported officer compensation across all filings indicates a high degree of transparency regarding executive pay, or that compensation is structured in a way that it is not reported as 'officer compensation' in the standard 990 section, which warrants further investigation for complete transparency.
Overall, the organization appears financially sound with a positive trend in asset growth and controlled liabilities. The lack of reported officer compensation is a notable point for transparency, as it could either mean no compensation is paid to officers or it is reported under a different category. Further detail on functional expenses would provide a more complete picture of spending efficiency.