Is Laborers International Union Of North America Legit?
Quick charity verification for Laborers International Union Of North America (EIN: 160492880)
Verdict: Laborers International Union Of North America appears trustworthy
85/100Mission Score
$5.1MRevenue
$10.3MAssets
2Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation reported, which may obscure actual executive remuneration if compensated through other means or related entities.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, making it difficult to precisely assess spending efficiency ratios without full 990 review.
Strengths
Consistent financial growth with revenue increasing from $2,059,283 in 2014 to $2,455,245 in 2023.
Strong asset accumulation, more than doubling from $3,414,753 in 2014 to $8,246,526 in 2023.
Consistently operates with a financial surplus, indicating sound fiscal management (e.g., $516,345 surplus in 2023).
Low liabilities relative to assets in most years, suggesting good financial stability.
Regular filing of IRS Form 990s for 13 periods, demonstrating commitment to regulatory compliance and transparency.
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: 160492880) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 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 85/100. Revenue: $5.1M. Assets: $10.3M. 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 160492880. 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 160492880 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 growth and strong asset accumulation over the past decade. Revenue has steadily increased from $2,059,283 in 2014 to $2,455,245 in 2023, with total assets more than doubling from $3,414,753 to $8,246,526 in the same period. The organization consistently operates with a surplus, indicating sound financial management and the ability to build reserves.
The spending efficiency appears robust, as expenses have generally remained well below revenue, allowing for significant asset growth. For instance, in 2023, expenses were $1,938,900 against revenues of $2,455,245, resulting in a surplus of over $500,000. A notable aspect is the reported 0% officer compensation across all available filings, which suggests that executive leadership may be compensated through other means not captured in this specific line item or that the organization operates with a volunteer leadership structure, which would be highly efficient.
Transparency regarding the detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data. However, the consistent filing of IRS Form 990s over 13 periods indicates a commitment to regulatory compliance and public disclosure. The absence of reported officer compensation in the provided data could be a point for further inquiry to fully understand the compensation structure.