Laborers International Union Of North America
EIN: 261180181 · Sioux Falls, SD
| Metric | Value |
|---|---|
| Total Revenue | $366K |
| Total Expenses | $409K |
| Net Assets | $216K |
Is Laborers International Union Of North America Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Laborers International Union Of North America
Laborers International Union Of North America (EIN: 261180181) is a nonprofit organization based in Sioux Falls, SD. The organization reported total revenue of $366K and total assets of $115K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laborers International Union Of North America's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Laborers International Union Of North America is a small nonprofit that has been operating for 58 years, with 9 years of IRS 990 filings on record (2016–2024). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $244K |
| Total Expenses | $409K |
| Surplus / Deficit | $-165,053 |
| Total Assets | $223K |
| Total Liabilities | $7K |
| Net Assets | $216K |
| Operating Margin | -67.6% |
| Debt-to-Asset Ratio | 3.2% |
| Months of Reserves | 6.5 months |
Financial Health Grade: B
In 2024, Laborers International Union Of North America reported a deficit of $165K with expenses exceeding revenue, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.2% (very low leverage).
Financial Trends
Over 9 years of filings (2016–2024), Laborers International Union Of North America's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +66.4% | +31.8% | -43.1% |
| 2023 | -40.7% | +2.1% | -28.9% |
| 2022 | -8.9% | -1.9% | -9.4% |
| 2021 | -16.8% | -3.5% | -5.2% |
| 2020 | -4.4% | +12.6% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Laborers International Union Of North America 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 International Union Of North America 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $165K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.2%.
Frequently Asked Questions about Laborers International Union Of North America
Is Laborers International Union Of North America a legitimate charity?
Laborers International Union Of North America (EIN: 261180181) is a registered tax-exempt nonprofit based in South Dakota. It has 9 years of IRS 990 filings on record. Total revenue: $366K. No red flags identified. Financial health grade: B.
How does Laborers International Union Of North America spend its money?
Laborers International Union Of North America reported $366K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Laborers International Union Of North America tax-deductible?
Laborers International Union Of North America is registered as a tax-exempt nonprofit (EIN: 261180181). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Laborers International Union Of North America located?
Laborers International Union Of North America is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 261180181.
How many years of IRS 990 filings does Laborers International Union Of North America have?
Laborers International Union Of North America has 9 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 $366K in total revenue.
Filing History
IRS 990 filing history for Laborers International Union Of North America showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2016–2024), Laborers International Union Of North America's revenue has declined by 13.4%, moving from $282K to $244K. Total assets increased by 155% over the same period, from $87K to $223K. Total functional expenses rose by 63.1%, from $251K to $409K. In its most recent filing year (2024), Laborers International Union Of North America reported a deficit of $165K, with expenses exceeding revenue. The organization holds $7K in liabilities against $223K in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $216K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $244K | $409K | $223K | $7K | — | — |
| 2023 | $147K | $310K | $391K | $10K | — | View 990 |
| 2022 | $247K | $304K | $550K | $6K | — | View 990 |
| 2021 | $272K | $310K | $607K | $6K | — | — |
| 2020 | $326K | $321K | $640K | $685 | — | View 990 |
| 2019 | $341K | $285K | $639K | $4K | — | View 990 |
| 2018 | $225K | $277K | $584K | $5K | — | View 990 |
| 2017 | $831K | $285K | $630K | $42 | — | View 990 |
| 2016 | $282K | $251K | $87K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $244K, expenses of $409K, and assets of $223K (revenue +66.4% year-over-year).
- 2023: Revenue of $147K, expenses of $310K, and assets of $391K (revenue -40.7% year-over-year).
- 2022: Revenue of $247K, expenses of $304K, and assets of $550K (revenue -8.9% year-over-year).
- 2021: Revenue of $272K, expenses of $310K, and assets of $607K (revenue -16.8% year-over-year).
- 2020: Revenue of $326K, expenses of $321K, and assets of $640K (revenue -4.4% year-over-year).
- 2019: Revenue of $341K, expenses of $285K, and assets of $639K (revenue +51.7% year-over-year).
- 2018: Revenue of $225K, expenses of $277K, and assets of $584K (revenue -72.9% year-over-year).
- 2017: Revenue of $831K, expenses of $285K, and assets of $630K (revenue +194.9% year-over-year).
- 2016: Revenue of $282K, expenses of $251K, and assets of $87K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Laborers International Union Of North America:
Data Sources and Methodology
This transparency report for Laborers International Union Of North America 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.