Laborers Employers Cooperation Of Metropolitan Philadelphia
EIN: 232828556 · Philadelphia, PA
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.2M |
| Net Assets | $1.6M |
Is Laborers Employers Cooperation Of Metropolitan Philadelphia Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Laborers Employers Cooperation Of Metropolitan Philadelphia
Laborers Employers Cooperation Of Metropolitan Philadelphia (EIN: 232828556) is a nonprofit organization based in Philadelphia, PA. The organization reported total revenue of $1.8M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laborers Employers Cooperation Of Metropolitan Philadelphia's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Laborers Employers Cooperation Of Metropolitan Philadelphia is a mid-size nonprofit that has been operating for 29 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$350K |
| Total Assets | $1.8M |
| Total Liabilities | $201K |
| Net Assets | $1.6M |
| Operating Margin | 22.9% |
| Debt-to-Asset Ratio | 11.3% |
| Months of Reserves | 18.1 months |
Financial Health Grade: A
In 2023, Laborers Employers Cooperation Of Metropolitan Philadelphia reported a surplus of $350K with revenue exceeding expenses, holds 18.1 months of operating reserves (strong position), has a debt-to-asset ratio of 11.3% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Laborers Employers Cooperation Of Metropolitan Philadelphia's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.7% | +6.1% | +28.0% |
| 2022 | +9.9% | -21.2% | +24.4% |
| 2021 | -2.2% | +16.3% | -9.9% |
| 2020 | -0.5% | +18.6% | +4.9% |
| 2019 | -5.3% | +3.4% | +24.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Laborers Employers Cooperation Of Metropolitan Philadelphia 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 Laborers Employers Cooperation Of Metropolitan Philadelphia 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 $350K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.3%.
Frequently Asked Questions about Laborers Employers Cooperation Of Metropolitan Philadelphia
Is Laborers Employers Cooperation Of Metropolitan Philadelphia a legitimate charity?
Laborers Employers Cooperation Of Metropolitan Philadelphia (EIN: 232828556) is a registered tax-exempt nonprofit based in Pennsylvania. It has 12 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: A.
How does Laborers Employers Cooperation Of Metropolitan Philadelphia spend its money?
Laborers Employers Cooperation Of Metropolitan Philadelphia reported $1.8M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Laborers Employers Cooperation Of Metropolitan Philadelphia tax-deductible?
Laborers Employers Cooperation Of Metropolitan Philadelphia is registered as a tax-exempt nonprofit (EIN: 232828556). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Laborers Employers Cooperation Of Metropolitan Philadelphia located?
Laborers Employers Cooperation Of Metropolitan Philadelphia is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 232828556.
How many years of IRS 990 filings does Laborers Employers Cooperation Of Metropolitan Philadelphia have?
Laborers Employers Cooperation Of Metropolitan Philadelphia 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Laborers Employers Cooperation Of Metropolitan Philadelphia showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Laborers Employers Cooperation Of Metropolitan Philadelphia's revenue has grown by 35.8%, moving from $1.1M to $1.5M. Total assets increased by 241.2% over the same period, from $521K to $1.8M. Total functional expenses rose by 25.7%, from $938K to $1.2M. In its most recent filing year (2023), Laborers Employers Cooperation Of Metropolitan Philadelphia reported a surplus of $350K, with revenue exceeding expenses. The organization holds $201K in liabilities against $1.8M in assets (debt-to-asset ratio: 11.3%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.2M | $1.8M | $201K | — | View 990 |
| 2022 | $1.3M | $1.1M | $1.4M | $162K | — | View 990 |
| 2021 | $1.2M | $1.4M | $1.1M | $112K | — | — |
| 2020 | $1.2M | $1.2M | $1.2M | $39K | — | — |
| 2019 | $1.2M | $1.0M | $1.2M | $10K | — | View 990 |
| 2018 | $1.3M | $988K | $947K | $2K | — | View 990 |
| 2017 | $1.3M | $1.0M | $618K | $1K | — | View 990 |
| 2016 | $1.2M | $1.1M | $370K | $392 | — | View 990 |
| 2015 | $1.1M | $1.0M | $267K | $3K | — | View 990 |
| 2014 | $1.0M | $1.2M | $206K | $960 | — | View 990 |
| 2013 | $1.0M | $1.1M | $418K | $2K | — | View 990 |
| 2012 | $1.1M | $938K | $521K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.2M, and assets of $1.8M (revenue +14.7% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.1M, and assets of $1.4M (revenue +9.9% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.4M, and assets of $1.1M (revenue -2.2% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.2M, and assets of $1.2M (revenue -0.5% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.0M, and assets of $1.2M (revenue -5.3% year-over-year).
- 2018: Revenue of $1.3M, expenses of $988K, and assets of $947K (revenue +4.9% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.0M, and assets of $618K (revenue +2.6% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $370K (revenue +13.5% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.0M, and assets of $267K (revenue +5.9% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.2M, and assets of $206K (revenue -2.7% year-over-year).
- 2013: Revenue of $1.0M, expenses of $1.1M, and assets of $418K (revenue -7.0% year-over-year).
- 2012: Revenue of $1.1M, expenses of $938K, and assets of $521K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Laborers Employers Cooperation Of Metropolitan Philadelphia:
Data Sources and Methodology
This transparency report for Laborers Employers Cooperation Of Metropolitan Philadelphia 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.