Construction Laborers Education And Training Fund Of Mnesota & N Dkota
EIN: 411661947 · Lino Lakes, MN
| Metric | Value |
|---|---|
| Total Revenue | $7.3M |
| Total Expenses | $5.0M |
| Net Assets | $24.3M |
Is Construction Laborers Education And Training Fund Of Mnesota & N Dkota Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Construction Laborers Education And Training Fund Of Mnesota & N Dkota
Construction Laborers Education And Training Fund Of Mnesota & N Dkota (EIN: 411661947) is a nonprofit organization based in Lino Lakes, MN. The organization reported total revenue of $7.3M and total assets of $37.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Construction Laborers Education And Training Fund Of Mnesota & N Dkota's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Construction Laborers Education And Training Fund Of Mnesota & N Dkota is a mid-size nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.2M |
| Total Expenses | $5.0M |
| Surplus / Deficit | +$2.2M |
| Total Assets | $35.8M |
| Total Liabilities | $11.5M |
| Net Assets | $24.3M |
| Operating Margin | 29.9% |
| Debt-to-Asset Ratio | 32.1% |
| Months of Reserves | 85.2 months |
Financial Health Grade: A
In 2023, Construction Laborers Education And Training Fund Of Mnesota & N Dkota reported a surplus of $2.2M with revenue exceeding expenses, holds 85.2 months of operating reserves (strong position), has a debt-to-asset ratio of 32.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Construction Laborers Education And Training Fund Of Mnesota & N Dkota's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.3% | +6.3% | +7.2% |
| 2022 | -3.5% | +24.8% | +24.3% |
| 2021 | +26.5% | +16.1% | +49.1% |
| 2020 | -6.3% | -12.0% | +19.8% |
| 2019 | +21.1% | +1.5% | +23.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Construction Laborers Education And Training Fund Of Mnesota & N Dkota has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Construction Laborers Education And Training Fund Of Mnesota & N Dkota with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.1%.
Frequently Asked Questions about Construction Laborers Education And Training Fund Of Mnesota & N Dkota
Is Construction Laborers Education And Training Fund Of Mnesota & N Dkota a legitimate charity?
Based on AI analysis of IRS 990 filings, Construction Laborers Education And Training Fund Of Mnesota & N Dkota (EIN: 411661947) insufficient data. 0 red flags identified, 0 strengths noted.
How does Construction Laborers Education And Training Fund Of Mnesota & N Dkota spend its money?
Detailed spending breakdown data is not yet available for Construction Laborers Education And Training Fund Of Mnesota & N Dkota. Check back for updated IRS 990 analysis.
Are donations to Construction Laborers Education And Training Fund Of Mnesota & N Dkota tax-deductible?
Construction Laborers Education And Training Fund Of Mnesota & N Dkota is registered as a tax-exempt nonprofit (EIN: 411661947). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Construction Laborers Education And Training Fund Of Mnesota & N Dkota located?
Construction Laborers Education And Training Fund Of Mnesota & N Dkota is headquartered in Lino Lakes, Minnesota and files with the IRS under EIN 411661947.
How many years of IRS 990 filings does Construction Laborers Education And Training Fund Of Mnesota & N Dkota have?
Construction Laborers Education And Training Fund Of Mnesota & N Dkota 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 $7.3M in total revenue.
Filing History
IRS 990 filing history for Construction Laborers Education And Training Fund Of Mnesota & N Dkota showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Construction Laborers Education And Training Fund Of Mnesota & N Dkota's revenue has grown by 198.2%, moving from $2.4M to $7.2M. Total assets increased by 337.9% over the same period, from $8.2M to $35.8M. Total functional expenses rose by 90.9%, from $2.6M to $5.0M. In its most recent filing year (2023), Construction Laborers Education And Training Fund Of Mnesota & N Dkota reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $11.5M in liabilities against $35.8M in assets (debt-to-asset ratio: 32.1%), resulting in net assets of $24.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.2M | $5.0M | $35.8M | $11.5M | — | — |
| 2022 | $6.8M | $4.7M | $33.4M | $12.0M | — | View 990 |
| 2021 | $7.0M | $3.8M | $26.9M | $6.1M | — | View 990 |
| 2020 | $5.5M | $3.3M | $18.0M | $662K | — | View 990 |
| 2019 | $5.9M | $3.7M | $15.0M | $713K | — | — |
| 2018 | $4.9M | $3.7M | $12.2M | $787K | — | View 990 |
| 2017 | $4.7M | $3.7M | $11.3M | $857K | — | View 990 |
| 2016 | $4.7M | $3.7M | $10.1M | $864K | — | View 990 |
| 2015 | $3.8M | $3.5M | $9.1M | $902K | — | View 990 |
| 2014 | $3.2M | $3.5M | $8.9M | $949K | — | View 990 |
| 2013 | $3.0M | $3.0M | $8.3M | $192K | — | View 990 |
| 2012 | $2.7M | $2.6M | $8.3M | $155K | — | View 990 |
| 2011 | $2.4M | $2.6M | $8.2M | $207K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.2M, expenses of $5.0M, and assets of $35.8M (revenue +6.3% year-over-year).
- 2022: Revenue of $6.8M, expenses of $4.7M, and assets of $33.4M (revenue -3.5% year-over-year).
- 2021: Revenue of $7.0M, expenses of $3.8M, and assets of $26.9M (revenue +26.5% year-over-year).
- 2020: Revenue of $5.5M, expenses of $3.3M, and assets of $18.0M (revenue -6.3% year-over-year).
- 2019: Revenue of $5.9M, expenses of $3.7M, and assets of $15.0M (revenue +21.1% year-over-year).
- 2018: Revenue of $4.9M, expenses of $3.7M, and assets of $12.2M (revenue +3.0% year-over-year).
- 2017: Revenue of $4.7M, expenses of $3.7M, and assets of $11.3M (revenue +1.0% year-over-year).
- 2016: Revenue of $4.7M, expenses of $3.7M, and assets of $10.1M (revenue +23.1% year-over-year).
- 2015: Revenue of $3.8M, expenses of $3.5M, and assets of $9.1M (revenue +17.7% year-over-year).
- 2014: Revenue of $3.2M, expenses of $3.5M, and assets of $8.9M (revenue +9.3% year-over-year).
- 2013: Revenue of $3.0M, expenses of $3.0M, and assets of $8.3M (revenue +11.8% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.6M, and assets of $8.3M (revenue +9.8% year-over-year).
- 2011: Revenue of $2.4M, expenses of $2.6M, and assets of $8.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Construction Laborers Education And Training Fund Of Mnesota & N Dkota:
Data Sources and Methodology
This transparency report for Construction Laborers Education And Training Fund Of Mnesota & N Dkota 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.