Is Laborers International Union Of North America Legit?
Quick charity verification for Laborers International Union Of North America (EIN: 210603706)
Verdict: Laborers International Union Of North America appears trustworthy
85/100Mission Score
$27.5MRevenue
$37.0MAssets
2Red Flags
4Strengths
Red Flags
Sudden and substantial increase in liabilities in 2023 to $43,995,000, which is a significant deviation from historical trends.
Lack of reported officer compensation across all filings, which could obscure executive management costs and transparency.
Strengths
Consistent revenue growth over the past decade, indicating strong financial sustainability.
Healthy asset accumulation, with assets growing from $10,120,997 in 2014 to $31,876,497 in 2023.
Consistent operating surplus, with revenues consistently exceeding expenses.
Generally low liabilities in most years, indicating responsible debt management prior to 2023.
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: 210603706) 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: $27.5M. Assets: $37.0M. 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 210603706. 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 210603706 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 over the past decade, with revenues steadily increasing from $5,042,795 in 2014 to $7,869,587 in 2023. The organization consistently operates with a surplus, as evidenced by expenses being significantly lower than revenues in all reported periods, contributing to a healthy growth in assets from $10,120,997 to $31,876,497 over the same timeframe. This indicates sound financial management and an ability to build reserves.
The organization's spending efficiency appears strong, with a significant portion of its expenses likely directed towards its core programs, given the absence of reported officer compensation and the consistent revenue-to-expense ratio. The liabilities have remained relatively low and stable across most years, with the exception of a notable increase to $43,995,000 in 2023, which warrants further investigation to understand its nature and impact on long-term financial health. The lack of reported officer compensation in all filings suggests either a volunteer-led executive structure or compensation is reported under other expense categories, which could impact transparency if not clearly detailed elsewhere.
Overall, the organization exhibits robust financial health with consistent revenue growth and asset accumulation. However, the sudden surge in liabilities in 2023 is a point of concern that could affect its financial stability if not managed effectively. The absence of reported officer compensation, while potentially indicating efficiency, also raises questions about the full picture of administrative costs and executive oversight.