International Union Of Operating Engineers Local 30 Apprentice Tra

International Union Of Operating Engineers Local 30 Apprentice Tra shows strong asset growth but a significant increase in liabilities in 2023.

EIN: 132505715 · Whitestone, NY · Updated: 2026-03-28

$2.8MRevenue

$7.3MAssets

85/100Mission Score (Excellent)

About International Union Of Operating Engineers Local 30 Apprentice Tra

International Union Of Operating Engineers Local 30 Apprentice Tra (EIN: 132505715) is a nonprofit organization based in Whitestone, NY. The organization reported total revenue of $2.8M and total assets of $7.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Union Of Operating Engineers Local 30 Apprentice Tra's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The International Union Of Operating Engineers Local 30 Apprentice Tra demonstrates a consistent pattern of financial growth over the past decade, with revenue increasing from $995,450 in 2014 to $2,327,486 in 2023. The organization has also significantly grown its assets, from $396,136 in 2014 to $6,736,308 in 2023, indicating strong financial accumulation. However, a notable increase in liabilities in 2023 to $2,851,828, up from $34,193 in 2022, warrants closer examination to understand its nature and impact on financial stability.

Spending efficiency appears generally sound, with expenses typically lower than revenue, allowing for asset growth. For instance, in 2023, expenses were $1,819,095 against revenues of $2,327,486. The organization consistently reports 0% officer compensation, which is a positive indicator for resource allocation directly to its mission. The absence of specific program, administrative, and fundraising expense breakdowns in the provided data limits a detailed assessment of spending efficiency across these categories.

Transparency regarding executive compensation is excellent, with no reported officer compensation. However, without a detailed functional expense breakdown (program, administrative, fundraising), a comprehensive assessment of spending efficiency and transparency in these areas is challenging. The significant jump in liabilities in the latest filing period is a key area where more transparency would be beneficial to understand the organization's financial commitments.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates International Union Of Operating Engineers Local 30 Apprentice Tra with a Mission Score of 85 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, International Union Of Operating Engineers Local 30 Apprentice Tra allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no portion of its revenue is allocated to executive salaries, which is highly favorable for resource allocation.

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 International Union Of Operating Engineers Local 30 Apprentice Tra's IRS 990 filings:

Significant increase in liabilities in 2023 ($2,851,828 from $34,193 in 2022) without clear explanation in summary data.

Strengths

The following positive indicators were identified for International Union Of Operating Engineers Local 30 Apprentice Tra:

Consistent revenue growth over the past decade, from $995,450 in 2014 to $2,327,486 in 2023.
Strong asset accumulation, growing from $396,136 in 2014 to $6,736,308 in 2023.
Zero reported officer compensation across all filing periods, indicating efficient use of funds for mission-related activities.
Expenses consistently lower than revenue, allowing for financial stability and growth.

Frequently Asked Questions about International Union Of Operating Engineers Local 30 Apprentice Tra

What caused the substantial increase in liabilities from $34,193 in 2022 to $2,851,828 in 2023?

The provided data does not specify the nature of this liability increase. Further investigation into the organization's 2023 IRS Form 990, specifically Schedule D (Supplemental Financial Statements) or the Statement of Functional Expenses, would be necessary to understand the cause.

How does the organization allocate its expenses between program services, administration, and fundraising?

The provided summary data does not include a detailed breakdown of functional expenses. A review of the organization's full IRS Form 990, Part IX (Statement of Functional Expenses), would be required to determine these percentages.

Given the consistent 0% officer compensation, how are the organization's leadership and management compensated?

The 0% officer compensation suggests that the organization's leadership may be compensated through other means not classified as 'officer compensation' on the 990, or they may be volunteers. Further details would be in Schedule J (Compensation Information) or Part VII (Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors) of the full 990.

Filing History

IRS 990 filing history for International Union Of Operating Engineers Local 30 Apprentice Tra showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), International Union Of Operating Engineers Local 30 Apprentice Tra's revenue has grown by 145.4%, moving from $949K to $2.3M. Total assets increased by 4378.2% over the same period, from $150K to $6.7M. Total functional expenses rose by 76.2%, from $1.0M to $1.8M. In its most recent filing year (2023), International Union Of Operating Engineers Local 30 Apprentice Tra reported a surplus of $508K, with revenue exceeding expenses. The organization holds $2.9M in liabilities against $6.7M in assets (debt-to-asset ratio: 42.3%), resulting in net assets of $3.9M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.3M	$1.8M	$6.7M	$2.9M	—	View 990
2022	$2.2M	$1.3M	$3.4M	$34K	—	—
2021	$2.1M	$1.2M	$2.5M	$51K	—	View 990
2020	$1.5M	$1.0M	$1.6M	$124K	—	View 990
2019	$1.4M	$1.1M	$1.2M	$141K	—	View 990
2018	$1.2M	$1.1M	$760K	$95K	—	View 990
2017	$1.5M	$990K	$761K	$229K	—	View 990
2016	$1.0M	$963K	$532K	$463K	—	View 990
2015	$937K	$875K	$448K	$429K	—	View 990
2014	$995K	$936K	$396K	$439K	—	View 990
2013	$935K	$948K	$240K	$343K	—	View 990
2012	$915K	$915K	$315K	$405K	—	View 990
2011	$949K	$1.0M	$150K	$240K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.3M, expenses of $1.8M, and assets of $6.7M (revenue +7.0% year-over-year).
2022: Revenue of $2.2M, expenses of $1.3M, and assets of $3.4M (revenue +1.4% year-over-year).
2021: Revenue of $2.1M, expenses of $1.2M, and assets of $2.5M (revenue +47.6% year-over-year).
2020: Revenue of $1.5M, expenses of $1.0M, and assets of $1.6M (revenue +2.8% year-over-year).
2019: Revenue of $1.4M, expenses of $1.1M, and assets of $1.2M (revenue +16.9% year-over-year).
2018: Revenue of $1.2M, expenses of $1.1M, and assets of $760K (revenue -16.7% year-over-year).
2017: Revenue of $1.5M, expenses of $990K, and assets of $761K (revenue +43.3% year-over-year).
2016: Revenue of $1.0M, expenses of $963K, and assets of $532K (revenue +8.2% year-over-year).
2015: Revenue of $937K, expenses of $875K, and assets of $448K (revenue -5.9% year-over-year).
2014: Revenue of $995K, expenses of $936K, and assets of $396K (revenue +6.5% year-over-year).
2013: Revenue of $935K, expenses of $948K, and assets of $240K (revenue +2.2% year-over-year).
2012: Revenue of $915K, expenses of $915K, and assets of $315K (revenue -3.5% year-over-year).
2011: Revenue of $949K, expenses of $1.0M, and assets of $150K.

Data Sources and Methodology

This transparency report for International Union Of Operating Engineers Local 30 Apprentice Tra 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.