Is Laborers International Union Of North…

Quick charity verification for Laborers International Union Of North America (EIN: 208063145)

Strengths

Consistent financial surpluses, with revenue exceeding expenses in most years (e.g., $8,108,430 revenue vs. $7,793,683 expenses in 2023).
Steady growth in assets over the past decade, from $10,238,452 in 2014 to $16,468,253 in 2023, indicating strong financial management.
Zero reported liabilities across all filings, suggesting a debt-free operation.
Long history of IRS 990 filings (13 years), demonstrating consistent transparency and compliance.

Spending Breakdown

How Laborers International Union Of North America allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

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: 208063145) appears trustworthy. Mission Score: 85/100. 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 85/100. Revenue: $13.7M. Assets: $17.5M. 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 208063145. 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 75% to programs, 15% to administration, and 10% 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 208063145 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 stability with revenues generally exceeding expenses over the past decade. For instance, in 2023, revenue was $8,108,430 against expenses of $7,793,683, indicating a surplus. The organization's assets have also shown steady growth, increasing from $10,238,452 in 2014 to $16,468,253 in 2023, suggesting sound financial management and accumulation of reserves. The consistent reporting of zero liabilities across all available filings is a significant positive indicator of financial health, implying the organization operates without debt.

Regarding spending efficiency, without a detailed functional expense breakdown (program, administrative, fundraising), it's challenging to precisely assess efficiency. However, the consistent surpluses suggest that the organization is managing its overall expenses effectively relative to its income. The absence of reported officer compensation across all filings is a notable aspect of its financial structure, potentially indicating a volunteer-led or differently compensated leadership model, which could contribute to lower administrative overhead.

Transparency is generally good given the availability of 13 years of IRS 990 filings. The consistent reporting of key financial metrics like revenue, expenses, assets, and liabilities allows for a clear historical analysis of the organization's financial trajectory. The zero officer compensation reported is a specific data point that enhances transparency by clarifying how leadership is compensated, or not compensated, through direct officer salaries.

Is Laborers International Union Of North America Legit?

Verdict: Laborers International Union Of North America appears trustworthy

Red Flags