Is Laborers Joint Apprenticeship Andtraining Trust Of Wyoming Legit?
Quick charity verification for Laborers Joint Apprenticeship Andtraining Trust Of Wyoming (EIN: 205374729)
Verdict: Laborers Joint Apprenticeship Andtraining Trust Of Wyoming appears trustworthy
85/100Mission Score
$93KRevenue
$78KAssets
2Red Flags
4Strengths
Red Flags
Consistent operating deficits in recent years (e.g., 202306: Expenses=$96,546, Revenue=$82,056; 202206: Expenses=$88,835, Revenue=$88,270; 202106: Expenses=$87,226, Revenue=$71,550) could erode asset base over time.
Significant year-over-year revenue volatility, making long-term financial planning potentially challenging.
Strengths
0% officer compensation demonstrates a strong commitment to directing funds to programs.
Consistent IRS 990 filing history indicates transparency and compliance.
Low liabilities relative to assets, suggesting good financial stewardship.
NTEE code J20 aligns with a clear mission focus on labor training and apprenticeship.
Spending Breakdown
How Laborers Joint Apprenticeship Andtraining Trust Of Wyoming allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Joint Apprenticeship Andtraining Trust Of Wyoming
Is Laborers Joint Apprenticeship Andtraining Trust Of Wyoming a legitimate charity?
Based on AI analysis of IRS 990 filings, Laborers Joint Apprenticeship Andtraining Trust Of Wyoming (EIN: 205374729) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Laborers Joint Apprenticeship Andtraining Trust Of Wyoming a good charity to donate to?
Laborers Joint Apprenticeship Andtraining Trust Of Wyoming has a Mission Score of 85/100. Revenue: $93K. Assets: $78K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Laborers Joint Apprenticeship Andtraining Trust Of Wyoming?
The Employer Identification Number (EIN) for Laborers Joint Apprenticeship Andtraining Trust Of Wyoming is 205374729. 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 Joint Apprenticeship Andtraining Trust Of Wyoming spend its money?
Laborers Joint Apprenticeship Andtraining Trust Of Wyoming allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Laborers Joint Apprenticeship Andtraining Trust Of Wyoming's tax-exempt status?
You can verify Laborers Joint Apprenticeship Andtraining Trust Of Wyoming's tax-exempt status using EIN 205374729 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 Joint Apprenticeship Andtraining Trust Of Wyoming demonstrates a consistent commitment to its mission, as evidenced by its historical financial data. The organization has maintained a lean operational structure with 0% officer compensation reported across all available filings, indicating a strong focus on directing resources towards its programs. While the organization has experienced fluctuations in revenue and expenses over the past decade, with recent years showing expenses exceeding revenue (e.g., 202306: Revenue=$82,056, Expenses=$96,546), its asset base has remained relatively stable, with current assets at $78,081. The liabilities have also been kept at manageable levels, suggesting prudent financial management despite operating deficits in some periods.
The organization's NTEE code J20 (Labor Unions and Auxiliaries) suggests its primary activities are related to training and apprenticeship, which are typically direct program services. The absence of officer compensation further reinforces the idea that the majority of its expenditures are likely program-related. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data, a precise assessment of spending efficiency is challenging. The consistent filing of IRS 990 forms over 13 periods indicates a commitment to regulatory compliance and transparency.