Is Laborers International Union Of North America Legit?
Quick charity verification for Laborers International Union Of North America (EIN: 221010627)
Verdict: Laborers International Union Of North America appears trustworthy
85/100Mission Score
$33.6MRevenue
$61.5MAssets
2Red Flags
4Strengths
Red Flags
Significant increase in liabilities in 2023 without explanation ($75,015 to $14,704,000).
Consistent reporting of 0% officer compensation for an organization of this size, which may obscure actual leadership compensation.
Strengths
Consistent revenue growth over the past decade (e.g., $8.99M in 2014 to $13.14M in 2023).
Strong asset accumulation, with assets more than doubling from $21.69M in 2014 to $51.77M in 2023.
Revenue consistently exceeds expenses, indicating sound financial management and sustainability.
Generally low liabilities relative to assets in most years, suggesting good financial health 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: 221010627) 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: $33.6M. Assets: $61.5M. 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 221010627. 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 221010627 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 appears to maintain a healthy financial position. Over the past decade, its assets have steadily increased from $21.69 million in 2014 to $51.77 million in 2023, indicating strong asset accumulation. Revenue has also shown a positive trend, growing from $8.99 million in 2014 to $13.14 million in 2023, consistently exceeding expenses. The organization's liabilities have generally remained low relative to its assets, with a notable increase in 2023 to $14.70 million, which warrants further investigation to understand its nature.
The organization's spending efficiency is difficult to fully assess without a detailed functional expense breakdown (programs, administration, fundraising) from the provided data. However, the consistent surplus of revenue over expenses suggests prudent financial management. The absence of reported officer compensation across all filings is a significant point regarding transparency and resource allocation, implying that top leadership may be compensated through other means or that the organization operates with a volunteer leadership structure, which would be highly efficient.
Overall, the financial data suggests a well-managed organization with a strong balance sheet and consistent revenue generation. The lack of officer compensation reported on the 990s is a key characteristic, and while it could indicate high efficiency, it also raises questions about the full compensation structure if officers are indeed performing significant duties. Further detail on the nature of the 2023 liabilities would enhance the transparency assessment.