Lack of detailed program, administrative, and fundraising expense breakdown in summary data
Unusually low liabilities in some years (e.g., $2,304 in 2015) compared to assets, which could indicate specific operational models or funding structures
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency and mission focus
Steady growth in revenue and assets over the past decade, demonstrating financial stability and expansion
Revenues generally exceed expenses, leading to positive net assets and financial health
Low liabilities relative to assets, suggesting strong financial management and solvency
Consistent filing of IRS Form 990s, indicating transparency and compliance
Spending Breakdown
How Southern Nevada Laborers Employers Cooperation And Education Tr 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 Southern Nevada Laborers Employers Cooperation And Education Tr
Is Southern Nevada Laborers Employers Cooperation And Education Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Southern Nevada Laborers Employers Cooperation And Education Tr (EIN: 202516376) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
Is Southern Nevada Laborers Employers Cooperation And Education Tr a good charity to donate to?
Southern Nevada Laborers Employers Cooperation And Education Tr has a Mission Score of 95/100. Revenue: $3.6M. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Southern Nevada Laborers Employers Cooperation And Education Tr?
The Employer Identification Number (EIN) for Southern Nevada Laborers Employers Cooperation And Education Tr is 202516376. 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 Southern Nevada Laborers Employers Cooperation And Education Tr spend its money?
Southern Nevada Laborers Employers Cooperation And Education Tr allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Southern Nevada Laborers Employers Cooperation And Education Tr's tax-exempt status?
You can verify Southern Nevada Laborers Employers Cooperation And Education Tr's tax-exempt status using EIN 202516376 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
Southern Nevada Laborers Employers Cooperation And Education Tr (SNLECET) demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, indicating a stable operational model. For example, in 2023, revenue was $3,699,601 against expenses of $3,630,234. The organization's assets have shown a steady growth trend over the past decade, from $516,353 in 2014 to $3,388,277 in 2023, suggesting prudent financial management and accumulation of resources. Liabilities have remained relatively low compared to assets, further indicating financial stability.
Spending efficiency appears strong, as the organization consistently reports 0% officer compensation, which is a significant positive indicator for a nonprofit. This suggests that resources are being directed towards the organization's mission rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation implies a lean operational structure. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency and regulatory compliance.
Overall, SNLECET appears to be in good financial health, with a history of responsible growth and a clear commitment to directing funds towards its stated purpose, as evidenced by its financial trends and lack of executive compensation. The organization's ability to maintain low liabilities while growing its asset base further reinforces its sound financial standing.