AI Transparency Report
Laborers International Union Of North America demonstrates consistent financial growth and strong asset accumulation over the past decade. In the latest filing period (202312), the organization reported revenues of $2,305,362 against expenses of $1,764,235, resulting in a significant surplus. This trend of revenue exceeding expenses is consistent across most years, contributing to a healthy increase in assets from $3,011,326 in 2014 to $5,476,795 in 2023. The organization's liabilities remain very low relative to its assets, indicating strong financial stability.
While the filings show consistent financial health, the provided data lacks a detailed breakdown of expenses into program, administrative, and fundraising categories, which limits a full assessment of spending efficiency. The consistent reporting of 0% officer compensation across all available filings suggests either a volunteer-led executive team or that executive compensation is reported under other expense categories, which would require further investigation for complete transparency. Without this detailed breakdown, it's challenging to fully evaluate how efficiently funds are being directed towards its stated mission.