Center For Labor Education And Research Inc
Center For Labor Education And Research Inc: Declining Revenue and High Administrative Costs Raise Concerns
EIN: 222604923 · Boston, MA · NTEE: R21Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $530K |
| Total Expenses | $730K |
| Program Spending | 70% |
| Net Assets | $1.7M |
| Transparency Score | 65/100 |
Is Center For Labor Education And Research Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Center For Labor Education And Research Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Center For Labor Education And Research Inc
Center For Labor Education And Research Inc (EIN: 222604923) is a nonprofit organization based in Boston, MA, classified under NTEE code R21Z. The organization reported total revenue of $530K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For Labor Education And Research Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center For Labor Education And Research Inc is a small nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $402K |
| Total Expenses | $730K |
| Surplus / Deficit | $-328,044 |
| Total Assets | $1.8M |
| Total Liabilities | $80K |
| Net Assets | $1.7M |
| Operating Margin | -81.7% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 29.1 months |
Financial Health Grade: B
In 2023, Center For Labor Education And Research Inc reported a deficit of $328K with expenses exceeding revenue, holds 29.1 months of operating reserves (strong position), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Center For Labor Education And Research Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -58.4% | -43.3% | -15.8% |
| 2022 | -65.2% | -13.0% | -17.3% |
| 2021 | +20.0% | -6.8% | +103.8% |
| 2020 | +143.0% | +71.9% | +210.5% |
| 2019 | -5.0% | -0.3% | +29.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1985 |
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 Center For Labor Education And Research Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Center For Labor Education And Research Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $328K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.5%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a direct assessment difficult without further information on specific salaries.
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 Center For Labor Education And Research Inc's IRS 990 filings:
- Revenue has significantly declined from $2,775,599 in 2021 to $530,040 in 2023, indicating potential sustainability issues.
- Administrative expenses (x) have consistently been a substantial portion of total expenses, for example, $729,621 in 2023 compared to $401,577 in revenue, suggesting high overhead relative to income.
- The organization reported a negative net income in several years (e.g., 2023, 2022, 2017), indicating spending more than it earns.
Strengths
The following positive indicators were identified for Center For Labor Education And Research Inc:
- The organization has maintained a consistent presence for several years, as evidenced by the historical financial data.
- Assets have generally been higher than liabilities, indicating some financial stability, though this trend is reversing in recent years.
Frequently Asked Questions about Center For Labor Education And Research Inc
Is Center For Labor Education And Research Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Center For Labor Education And Research Inc (EIN: 222604923) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Center For Labor Education And Research Inc spend its money?
Center For Labor Education And Research Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Center For Labor Education And Research Inc tax-deductible?
Center For Labor Education And Research Inc is registered as a tax-exempt nonprofit (EIN: 222604923). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Center For Labor Education And Research Inc's spending goes to programs?
Center For Labor Education And Research Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Center For Labor Education And Research Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Center For Labor Education And Research Inc is above average for NTEE category R21Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Center For Labor Education And Research Inc located?
Center For Labor Education And Research Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 222604923. It is classified under NTEE code R21Z.
How many years of IRS 990 filings does Center For Labor Education And Research Inc have?
Center For Labor Education And Research Inc has 13 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 $530K in total revenue.
What does Center For Labor Education And Research Inc do?
Center For Labor Education And Research Inc is a nonprofit organization in the Civil Rights, Social Action & Advocacy sector, located in Boston, Massachusetts. It is classified under NTEE code R21Z.
How much revenue does Center For Labor Education And Research Inc have?
Center For Labor Education And Research Inc reported total revenue of $530,040. Based on 13 IRS 990 filings on record.
What are Center For Labor Education And Research Inc's total assets?
Center For Labor Education And Research Inc holds total assets of $1,249,264 as reported in IRS 990 filings.
Where is Center For Labor Education And Research Inc located?
Center For Labor Education And Research Inc is based in Boston, Massachusetts.
What is Center For Labor Education And Research Inc's EIN?
Center For Labor Education And Research Inc's Employer Identification Number (EIN) is 222604923. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Center For Labor Education And Research Inc?
Center For Labor Education And Research Inc is classified under NTEE code R21Z (Civil Rights, Social Action & Advocacy).
Is Center For Labor Education And Research Inc a registered 501(c)(3)?
Yes, Center For Labor Education And Research Inc is recognized as a tax-exempt organization by the IRS. EIN: 222604923.
Does Center For Labor Education And Research Inc file IRS Form 990?
Yes, Center For Labor Education And Research Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Center For Labor Education And Research Inc's revenue in 2023?
In the 202309 filing period, Center For Labor Education And Research Inc reported total revenue of $401,577, total expenses of $729,621, and net assets of $1,767,802.
Is Center For Labor Education And Research Inc's revenue growing or declining?
Center For Labor Education And Research Inc's revenue is declining. Revenue went from $966,257 (202209) to $401,577 (202309), a -58.4% change. Based on 13 filings on record.
What is Center For Labor Education And Research Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Center For Labor Education And Research Inc covers tax period 202309. It shows revenue of $401,577, expenses of $729,621, total assets of $1,767,802, and liabilities of $80,119.
How much does Center For Labor Education And Research Inc spend on programs vs administration?
Based on IRS 990 analysis, Center For Labor Education And Research Inc allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Center For Labor Education And Research Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Center For Labor Education And Research Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Center For Labor Education And Research Inc?
The following concerns were identified: Revenue has significantly declined from $2,775,599 in 2021 to $530,040 in 2023, indicating potential sustainability issues.. Administrative expenses (x) have consistently been a substantial portion of total expenses, for example, $729,621 in 2023 compared to $401,577 in revenue, suggesting high overhead relative to income.. The organization reported a negative net income in several years (e.g., 2023, 2022, 2017), indicating spending more than it earns.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Center For Labor Education And Research Inc's strengths?
Positive indicators for Center For Labor Education And Research Inc include: The organization has maintained a consistent presence for several years, as evidenced by the historical financial data.. Assets have generally been higher than liabilities, indicating some financial stability, though this trend is reversing in recent years.. These findings are derived from AI analysis of the organization's financial filings.
How does Center For Labor Education And Research Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a direct assessment difficult without further information on specific salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the sharp decline in revenue from $2,775,599 in 2021 to $530,040 in 2023, what specific strategies are being implemented to reverse this trend and ensure long-term financial viability?
Without additional context, it's unclear what specific strategies are in place. The significant drop suggests a need for a robust fundraising and program development plan to secure future funding.
With administrative expenses (e.g., $729,621 in 2023) often exceeding or being a large proportion of revenue, what measures are being taken to optimize operational efficiency and reduce overhead costs?
The high administrative costs relative to revenue are a concern. An effective strategy would involve a detailed review of administrative functions to identify areas for cost reduction without compromising essential operations.
Filing History
IRS 990 filing history for Center For Labor Education And Research Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Center For Labor Education And Research Inc's revenue has grown by 3%, moving from $390K to $402K. Total assets increased by 1817.3% over the same period, from $92K to $1.8M. Total functional expenses rose by 93.2%, from $378K to $730K. In its most recent filing year (2023), Center For Labor Education And Research Inc reported a deficit of $328K, with expenses exceeding revenue. The organization holds $80K in liabilities against $1.8M in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $402K | $730K | $1.8M | $80K | — | View 990 |
| 2022 | $966K | $1.3M | $2.1M | $85K | — | — |
| 2021 | $2.8M | $1.5M | $2.5M | $204K | — | View 990 |
| 2020 | $2.3M | $1.6M | $1.2M | $207K | — | View 990 |
| 2019 | $952K | $923K | $401K | $89K | — | View 990 |
| 2018 | $1.0M | $925K | $310K | $26K | — | — |
| 2017 | $993K | $1.1M | $293K | $86K | — | View 990 |
| 2016 | $1.2M | $1.1M | $296K | $16K | — | View 990 |
| 2015 | $898K | $890K | $237K | $40K | — | View 990 |
| 2014 | $714K | $704K | $215K | $27K | — | View 990 |
| 2013 | $631K | $611K | $191K | $32K | — | View 990 |
| 2012 | $638K | $572K | $157K | $18K | — | View 990 |
| 2011 | $390K | $378K | $92K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $402K, expenses of $730K, and assets of $1.8M (revenue -58.4% year-over-year).
- 2022: Revenue of $966K, expenses of $1.3M, and assets of $2.1M (revenue -65.2% year-over-year).
- 2021: Revenue of $2.8M, expenses of $1.5M, and assets of $2.5M (revenue +20.0% year-over-year).
- 2020: Revenue of $2.3M, expenses of $1.6M, and assets of $1.2M (revenue +143.0% year-over-year).
- 2019: Revenue of $952K, expenses of $923K, and assets of $401K (revenue -5.0% year-over-year).
- 2018: Revenue of $1.0M, expenses of $925K, and assets of $310K (revenue +0.9% year-over-year).
- 2017: Revenue of $993K, expenses of $1.1M, and assets of $293K (revenue -14.9% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $296K (revenue +29.9% year-over-year).
- 2015: Revenue of $898K, expenses of $890K, and assets of $237K (revenue +25.8% year-over-year).
- 2014: Revenue of $714K, expenses of $704K, and assets of $215K (revenue +13.2% year-over-year).
- 2013: Revenue of $631K, expenses of $611K, and assets of $191K (revenue -1.1% year-over-year).
- 2012: Revenue of $638K, expenses of $572K, and assets of $157K (revenue +63.5% year-over-year).
- 2011: Revenue of $390K, expenses of $378K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center For Labor Education And Research Inc:
Data Sources and Methodology
This transparency report for Center For Labor Education And Research Inc 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.