Labor And Industry For Education Inc

Labor And Industry For Education Inc consistently generates over $9M in annual revenue with zero reported officer compensation.

EIN: 114088055 · Cedarhurst, NY · Updated: 2026-03-28

$11.5MRevenue

$31.4MAssets

95/100Mission Score (Excellent)

Is Labor And Industry For Education Inc Legit?

Appears Legitimate

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Labor And Industry For Education Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Labor And Industry For Education Inc

Labor And Industry For Education Inc (EIN: 114088055) is a nonprofit organization based in Cedarhurst, NY. The organization reported total revenue of $11.5M and total assets of $31.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Labor And Industry For Education Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Labor And Industry For Education Inc demonstrates consistent financial growth and strong program spending over the past decade. The organization has steadily increased its assets from $1,364,554 in 2015 to $31,363,420 currently, indicating effective asset management and accumulation. Revenue has remained robust, consistently above $9 million annually, with the latest reported revenue at $11,460,734. This financial stability suggests a well-managed organization capable of sustaining its operations.

The organization's spending efficiency appears strong, with expenses generally tracking below revenue, allowing for asset growth. For instance, in 2023, revenue was $9,417,455 against expenses of $9,177,098, showing a surplus. A key indicator of transparency and good governance is the consistent reporting of 0% officer compensation across all available filings, which is highly commendable and suggests that resources are primarily directed towards the organization's mission rather than executive salaries. This practice significantly enhances public trust and confidence in the charity's financial stewardship.

While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall financial health, consistent revenue, and zero officer compensation point towards a well-run and transparent organization. The substantial growth in assets also indicates prudent financial management and the ability to build reserves for future operations and programs. The consistent filing of IRS 990 forms over 13 periods further underscores a commitment to regulatory compliance and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Labor And Industry For Education Inc 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, Labor And Industry For Education Inc 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is an exceptional practice for an organization with over $11 million in annual revenue and $31 million in assets.

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.

Strengths

The following positive indicators were identified for Labor And Industry For Education Inc:

Consistent revenue generation, always above $9 million annually.
Significant asset growth from $1.3M in 2015 to over $31M currently.
Zero reported officer compensation across all filings, indicating high efficiency and mission focus.
Expenses consistently managed below revenue, leading to healthy surpluses and asset accumulation.
Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency and compliance.

Frequently Asked Questions about Labor And Industry For Education Inc

Is Labor And Industry For Education Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Labor And Industry For Education Inc (EIN: 114088055) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

How does Labor And Industry For Education Inc spend its money?

Labor And Industry For Education Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Labor And Industry For Education Inc tax-deductible?

Labor And Industry For Education Inc is registered as a tax-exempt nonprofit (EIN: 114088055). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Labor And Industry For Education Inc a good charity?

Based on the available financial data, Labor And Industry For Education Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue generation, significant asset growth, and notably, zero reported officer compensation, suggesting a high dedication of resources to its mission.

How has Labor And Industry For Education Inc's financial health changed over time?

The organization's financial health has significantly improved over time. Assets have grown from $1,364,554 in 2015 to $31,363,420 currently, and revenue has consistently remained above $9 million annually, indicating sustained growth and stability.

What is the organization's approach to executive compensation?

Labor And Industry For Education Inc reports 0% officer compensation across all 13 available filings, which is an outstanding commitment to directing all funds towards its programs and operations rather than executive salaries.

Filing History

IRS 990 filing history for Labor And Industry For Education Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Labor And Industry For Education Inc's revenue has grown by 1257.1%, moving from $694K to $9.4M. Total assets increased by 11627% over the same period, from $189K to $22.2M. Total functional expenses rose by 1225.1%, from $693K to $9.2M. In its most recent filing year (2023), Labor And Industry For Education Inc reported a surplus of $240K, with revenue exceeding expenses. The organization holds $10.9M in liabilities against $22.2M in assets (debt-to-asset ratio: 49.0%), resulting in net assets of $11.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$9.4M	$9.2M	$22.2M	$10.9M	—	—
2022	$11.0M	$8.5M	$20.8M	$9.8M	—	View 990
2021	$11.1M	$8.2M	$17.5M	$9.1M	—	View 990
2020	$11.5M	$9.7M	$12.8M	$7.3M	—	View 990
2019	$11.3M	$9.6M	$10.1M	$6.4M	—	View 990
2018	$10.5M	$9.9M	$7.0M	$4.9M	—	View 990
2017	$10.7M	$9.8M	$4.9M	$3.4M	—	View 990
2016	$10.1M	$9.8M	$2.5M	$2.0M	—	View 990
2015	$9.0M	$9.1M	$1.4M	$1.1M	—	View 990
2014	$9.3M	$9.1M	$1.6M	$1.2M	—	View 990
2013	$5.0M	$5.0M	$948K	$717K	—	View 990
2012	$1.7M	$1.7M	$198K	$12K	—	View 990
2011	$694K	$693K	$189K	$58K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $9.4M, expenses of $9.2M, and assets of $22.2M (revenue -14.4% year-over-year).
2022: Revenue of $11.0M, expenses of $8.5M, and assets of $20.8M (revenue -0.9% year-over-year).
2021: Revenue of $11.1M, expenses of $8.2M, and assets of $17.5M (revenue -3.5% year-over-year).
2020: Revenue of $11.5M, expenses of $9.7M, and assets of $12.8M (revenue +2.1% year-over-year).
2019: Revenue of $11.3M, expenses of $9.6M, and assets of $10.1M (revenue +7.0% year-over-year).
2018: Revenue of $10.5M, expenses of $9.9M, and assets of $7.0M (revenue -1.3% year-over-year).
2017: Revenue of $10.7M, expenses of $9.8M, and assets of $4.9M (revenue +5.8% year-over-year).
2016: Revenue of $10.1M, expenses of $9.8M, and assets of $2.5M (revenue +11.5% year-over-year).
2015: Revenue of $9.0M, expenses of $9.1M, and assets of $1.4M (revenue -2.5% year-over-year).
2014: Revenue of $9.3M, expenses of $9.1M, and assets of $1.6M (revenue +84.3% year-over-year).
2013: Revenue of $5.0M, expenses of $5.0M, and assets of $948K (revenue +189.0% year-over-year).
2012: Revenue of $1.7M, expenses of $1.7M, and assets of $198K (revenue +150.7% year-over-year).
2011: Revenue of $694K, expenses of $693K, and assets of $189K.

Data Sources and Methodology

This transparency report for Labor And Industry For Education 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.