Cement And Concrete Workers Training And Appreticeship Fund
Cement And Concrete Workers Training And Apprenticeship Fund consistently reports zero officer compensation amidst fluctuating revenues and stable assets.
EIN: 113443290 · Astoria, NY · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $2.4M |
| Program Spending | 90% |
| Net Assets | $8.2M |
| Transparency Score | 95/100 |
Is Cement And Concrete Workers Training And Appreticeship Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cement And Concrete Workers Training And Appreticeship Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cement And Concrete Workers Training And Appreticeship Fund
Cement And Concrete Workers Training And Appreticeship Fund (EIN: 113443290) is a nonprofit organization based in Astoria, NY, classified under NTEE code T30. The organization reported total revenue of $4.9M and total assets of $8.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cement And Concrete Workers Training And Appreticeship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cement And Concrete Workers Training And Appreticeship Fund is a mid-size nonprofit that has been operating for 9 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-497,793 |
| Total Assets | $8.3M |
| Total Liabilities | $102K |
| Net Assets | $8.2M |
| Operating Margin | -25.9% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 41.0 months |
Financial Health Grade: B
In 2023, Cement And Concrete Workers Training And Appreticeship Fund reported a deficit of $498K with expenses exceeding revenue, holds 41.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Cement And Concrete Workers Training And Appreticeship Fund's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.2% | -5.8% | +2.1% |
| 2022 | -52.0% | +8.9% | -23.4% |
| 2021 | +30.3% | +6.0% | +3.2% |
| 2020 | -19.4% | -2.8% | +6.4% |
| 2019 | +0.2% | +11.4% | +14.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cement And Concrete Workers Training And Appreticeship Fund with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Cement And Concrete Workers Training And Appreticeship Fund allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $498K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual and suggests a strong dedication to program spending.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Cement And Concrete Workers Training And Appreticeship Fund's IRS 990 filings:
- Expenses exceeded revenue in the last two reported periods (2022 and 2023), with a deficit of $1,225,158 in 2022 and $497,793 in 2023.
Strengths
The following positive indicators were identified for Cement And Concrete Workers Training And Appreticeship Fund:
- Consistent reporting of 0% officer compensation across all filings, indicating high dedication to mission spending.
- Stable asset base, ranging from $6.5 million to $10.5 million, providing financial resilience.
- Long history of IRS 990 filings (12 periods), demonstrating transparency and compliance.
- Relatively low liabilities compared to assets, indicating sound financial management.
Frequently Asked Questions about Cement And Concrete Workers Training And Appreticeship Fund
Is Cement And Concrete Workers Training And Appreticeship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Cement And Concrete Workers Training And Appreticeship Fund (EIN: 113443290) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does Cement And Concrete Workers Training And Appreticeship Fund spend its money?
Cement And Concrete Workers Training And Appreticeship Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cement And Concrete Workers Training And Appreticeship Fund tax-deductible?
Cement And Concrete Workers Training And Appreticeship Fund is registered as a tax-exempt nonprofit (EIN: 113443290). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cement And Concrete Workers Training And Appreticeship Fund's spending goes to programs?
Cement And Concrete Workers Training And Appreticeship Fund directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cement And Concrete Workers Training And Appreticeship Fund compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Cement And Concrete Workers Training And Appreticeship Fund is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cement And Concrete Workers Training And Appreticeship Fund located?
Cement And Concrete Workers Training And Appreticeship Fund is headquartered in Astoria, New York and files with the IRS under EIN 113443290. It is classified under NTEE code T30.
How many years of IRS 990 filings does Cement And Concrete Workers Training And Appreticeship Fund have?
Cement And Concrete Workers Training And Appreticeship Fund has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.9M in total revenue.
Is Cement And Concrete Workers Training And Apprenticeship Fund a good charity?
Based on the available IRS 990 data, the organization appears to be a very good charity. It consistently reports 0% officer compensation, indicating that all funds are directed towards its mission. Its asset base is stable, and it has a long history of transparent financial filings.
How does the organization fund its operations without officer compensation?
The filings indicate that the organization operates without direct officer compensation. This suggests that leadership roles may be voluntary, compensated through other means not reported as officer compensation on the 990, or that the organization has a unique operational structure where administrative costs are absorbed differently.
What is the trend in the organization's revenue and expenses?
Revenue has fluctuated, with a high of $2,806,470 in 2017 and a low of $1,340,696 in 2022. Expenses have generally remained stable, ranging from $1,639,844 in 2014 to $2,565,854 in 2022. In recent years (2022 and 2023), expenses have exceeded revenue.
Filing History
IRS 990 filing history for Cement And Concrete Workers Training And Appreticeship Fund showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Cement And Concrete Workers Training And Appreticeship Fund's revenue has grown by 0.5%, moving from $1.9M to $1.9M. Total assets increased by 44.1% over the same period, from $5.7M to $8.3M. Total functional expenses rose by 90%, from $1.3M to $2.4M. In its most recent filing year (2023), Cement And Concrete Workers Training And Appreticeship Fund reported a deficit of $498K, with expenses exceeding revenue. The organization holds $102K in liabilities against $8.3M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $8.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.4M | $8.3M | $102K | — | — |
| 2022 | $1.3M | $2.6M | $8.1M | $99K | — | — |
| 2021 | $2.8M | $2.4M | $10.6M | $150K | — | View 990 |
| 2020 | $2.1M | $2.2M | $10.2M | $144K | — | — |
| 2019 | $2.7M | $2.3M | $9.6M | $157K | — | View 990 |
| 2018 | $2.7M | $2.1M | $8.4M | $116K | — | View 990 |
| 2017 | $2.8M | $2.0M | $8.3M | $87K | — | View 990 |
| 2016 | $2.7M | $2.0M | $7.1M | $29K | — | View 990 |
| 2015 | $2.6M | $1.9M | $6.8M | $495K | — | View 990 |
| 2014 | $2.0M | $1.6M | $6.5M | $535K | — | — |
| 2013 | $2.0M | $1.4M | $6.2M | $620K | — | View 990 |
| 2012 | $1.9M | $1.3M | $5.7M | $710K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $2.4M, and assets of $8.3M (revenue +43.2% year-over-year).
- 2022: Revenue of $1.3M, expenses of $2.6M, and assets of $8.1M (revenue -52.0% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.4M, and assets of $10.6M (revenue +30.3% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.2M, and assets of $10.2M (revenue -19.4% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.3M, and assets of $9.6M (revenue +0.2% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.1M, and assets of $8.4M (revenue -5.4% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.0M, and assets of $8.3M (revenue +2.9% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.0M, and assets of $7.1M (revenue +6.1% year-over-year).
- 2015: Revenue of $2.6M, expenses of $1.9M, and assets of $6.8M (revenue +25.3% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.6M, and assets of $6.5M (revenue +4.5% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.4M, and assets of $6.2M (revenue +2.7% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.3M, and assets of $5.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cement And Concrete Workers Training And Appreticeship Fund:
Data Sources and Methodology
This transparency report for Cement And Concrete Workers Training And Appreticeship Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.