Is Laborers Local No 17 Employers Cooperation And Education Trust Legit?
Quick charity verification for Laborers Local No 17 Employers Cooperation And Education Trust (EIN: 146151570)
Verdict: Laborers Local No 17 Employers Cooperation And Education Trust appears trustworthy
90/100Mission Score
$3.0MRevenue
$5.3MAssets
2Red Flags
4Strengths
Red Flags
Unusually low liabilities for an organization of its size, especially in earlier years, which could indicate specific accounting practices or a very lean operational model.
Consistent 0% officer compensation, which is highly unusual and may obscure how leadership is compensated or if it's entirely volunteer-driven, impacting transparency.
Strengths
Strong and consistent revenue growth over the past decade, from $465,982 in 2014 to $1,652,014 in 2023.
Significant asset accumulation, growing from $533,410 in 2014 to $4,075,950 in 2023, indicating financial stability.
Very low liabilities, suggesting minimal debt and strong financial health.
Zero reported officer compensation, implying high efficiency in directing funds towards its mission, assuming leadership is volunteer or compensated through other means.
Spending Breakdown
How Laborers Local No 17 Employers Cooperation And Education Trust allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
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 Local No 17 Employers Cooperation And Education Trust
Is Laborers Local No 17 Employers Cooperation And Education Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Laborers Local No 17 Employers Cooperation And Education Trust (EIN: 146151570) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
Is Laborers Local No 17 Employers Cooperation And Education Trust a good charity to donate to?
Laborers Local No 17 Employers Cooperation And Education Trust has a Mission Score of 90/100. Revenue: $3.0M. Assets: $5.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Laborers Local No 17 Employers Cooperation And Education Trust?
The Employer Identification Number (EIN) for Laborers Local No 17 Employers Cooperation And Education Trust is 146151570. 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 Local No 17 Employers Cooperation And Education Trust spend its money?
Laborers Local No 17 Employers Cooperation And Education Trust allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Laborers Local No 17 Employers Cooperation And Education Trust's tax-exempt status?
You can verify Laborers Local No 17 Employers Cooperation And Education Trust's tax-exempt status using EIN 146151570 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 Local No 17 Employers Cooperation And Education Trust demonstrates consistent financial growth and strong asset accumulation over the past decade. The organization's revenue has steadily increased, from $465,982 in 2014 to $1,652,014 in 2023, with assets growing from $533,410 to $4,075,950 in the same period. This indicates effective financial management and an ability to build reserves. The organization consistently reports 0% officer compensation, which suggests a high degree of financial efficiency and a focus on program delivery rather than executive salaries. The low liabilities across most years also point to sound financial health and minimal debt burden.