Laborers Joint Apprenticeship Andtraining Trust Of Wyoming
Wyoming Laborers' Apprenticeship Trust operates with no officer compensation amidst fluctuating revenues and recent deficits.
EIN: 205374729 · Cheyenne, WY · NTEE: J20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $93K |
| Total Expenses | $97K |
| Program Spending | 90% |
| Net Assets | $83K |
| Transparency Score | 85/100 |
Is Laborers Joint Apprenticeship Andtraining Trust Of Wyoming Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Laborers Joint Apprenticeship Andtraining Trust Of Wyoming directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Laborers Joint Apprenticeship Andtraining Trust Of Wyoming
Laborers Joint Apprenticeship Andtraining Trust Of Wyoming (EIN: 205374729) is a nonprofit organization based in Cheyenne, WY, classified under NTEE code J20. The organization reported total revenue of $93K and total assets of $78K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laborers Joint Apprenticeship Andtraining Trust Of Wyoming's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Laborers Joint Apprenticeship Andtraining Trust Of Wyoming is a micro nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -13.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $82K |
| Total Expenses | $97K |
| Surplus / Deficit | $-14,490 |
| Total Assets | $87K |
| Total Liabilities | $5K |
| Net Assets | $83K |
| Operating Margin | -17.7% |
| Debt-to-Asset Ratio | 5.3% |
| Months of Reserves | 10.9 months |
Financial Health Grade: B
In 2023, Laborers Joint Apprenticeship Andtraining Trust Of Wyoming reported a deficit of $14K with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 5.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Laborers Joint Apprenticeship Andtraining Trust Of Wyoming's revenue has declined at a compound annual growth rate (CAGR) of -13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.0% | +8.7% | -16.6% |
| 2022 | +23.4% | +1.8% | +13.8% |
| 2021 | -60.3% | -39.3% | -14.7% |
| 2020 | -10.6% | -2.3% | +47.0% |
| 2019 | -29.0% | -45.9% | +168.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Laborers Joint Apprenticeship Andtraining Trust Of Wyoming 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: 90%
- fundraising: 0%
According to IRS 990 filings, Laborers Joint Apprenticeship Andtraining Trust Of Wyoming allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This suggests a volunteer-led or very lean administrative structure, allowing more resources to be directed towards its mission.
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 Laborers Joint Apprenticeship Andtraining Trust Of Wyoming's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 202306: Expenses=$96,546, Revenue=$82,056; 202206: Expenses=$88,835, Revenue=$88,270; 202106: Expenses=$87,226, Revenue=$71,550) could erode asset base over time.
- Significant year-over-year revenue volatility, making long-term financial planning potentially challenging.
Strengths
The following positive indicators were identified for Laborers Joint Apprenticeship Andtraining Trust Of Wyoming:
- 0% officer compensation demonstrates a strong commitment to directing funds to programs.
- Consistent IRS 990 filing history indicates transparency and compliance.
- Low liabilities relative to assets, suggesting good financial stewardship.
- NTEE code J20 aligns with a clear mission focus on labor training and apprenticeship.
Frequently Asked Questions about Laborers Joint Apprenticeship Andtraining Trust Of Wyoming
Is Laborers Joint Apprenticeship Andtraining Trust Of Wyoming a legitimate charity?
Laborers Joint Apprenticeship Andtraining Trust Of Wyoming (EIN: 205374729) is a registered tax-exempt nonprofit based in Wyoming. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $93K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Laborers Joint Apprenticeship Andtraining Trust Of Wyoming spend its money?
Laborers Joint Apprenticeship Andtraining Trust Of Wyoming directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Laborers Joint Apprenticeship Andtraining Trust Of Wyoming tax-deductible?
Laborers Joint Apprenticeship Andtraining Trust Of Wyoming is registered as a tax-exempt nonprofit (EIN: 205374729). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Laborers Joint Apprenticeship Andtraining Trust Of Wyoming compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Laborers Joint Apprenticeship Andtraining Trust Of Wyoming is above average for NTEE category J20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Laborers Joint Apprenticeship Andtraining Trust Of Wyoming located?
Laborers Joint Apprenticeship Andtraining Trust Of Wyoming is headquartered in Cheyenne, Wyoming and files with the IRS under EIN 205374729. It is classified under NTEE code J20.
How many years of IRS 990 filings does Laborers Joint Apprenticeship Andtraining Trust Of Wyoming have?
Laborers Joint Apprenticeship Andtraining Trust Of Wyoming 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 $93K in total revenue.
How does the organization cover its operating deficits, such as the $14,490 deficit in 202306?
The organization likely covers operating deficits by drawing from its accumulated assets or through other non-revenue income sources not detailed in the provided summary. For instance, in 202306, assets were $87,494, which could absorb the $14,490 deficit.
What is the primary source of the organization's revenue, given its NTEE code?
Given its NTEE code J20 (Labor Unions and Auxiliaries), the primary revenue sources are likely membership dues, training fees, grants, or contributions from affiliated labor organizations.
Are the fluctuations in revenue and expenses indicative of specific program cycles or external factors?
The significant fluctuations, such as revenue dropping from $283,713 in 201806 to $71,550 in 202106, could be indicative of varying demand for apprenticeship programs, changes in grant funding, or economic shifts affecting the labor market in Wyoming.
Filing History
IRS 990 filing history for Laborers Joint Apprenticeship Andtraining Trust Of Wyoming showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Laborers Joint Apprenticeship Andtraining Trust Of Wyoming's revenue has declined by 81.2%, moving from $438K to $82K. Total assets decreased by 67.6% over the same period, from $270K to $87K. Total functional expenses fell by 56.3%, from $221K to $97K. In its most recent filing year (2023), Laborers Joint Apprenticeship Andtraining Trust Of Wyoming reported a deficit of $14K, with expenses exceeding revenue. The organization holds $5K in liabilities against $87K in assets (debt-to-asset ratio: 5.3%), resulting in net assets of $83K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $82K | $97K | $87K | $5K | — | View 990 |
| 2022 | $88K | $89K | $105K | $8K | — | — |
| 2021 | $72K | $87K | $92K | $0 | — | — |
| 2020 | $180K | $144K | $108K | $157 | — | View 990 |
| 2019 | $202K | $147K | $73K | $2K | — | View 990 |
| 2018 | $284K | $272K | $27K | $10K | — | View 990 |
| 2017 | $196K | $309K | $23K | $18K | — | View 990 |
| 2016 | $239K | $317K | $144K | $26K | — | View 990 |
| 2015 | $210K | $289K | $218K | $22K | — | View 990 |
| 2014 | $130K | $184K | $315K | $39K | — | View 990 |
| 2013 | $183K | $179K | $338K | $8K | — | View 990 |
| 2012 | $230K | $170K | $351K | $24K | — | View 990 |
| 2011 | $438K | $221K | $270K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $82K, expenses of $97K, and assets of $87K (revenue -7.0% year-over-year).
- 2022: Revenue of $88K, expenses of $89K, and assets of $105K (revenue +23.4% year-over-year).
- 2021: Revenue of $72K, expenses of $87K, and assets of $92K (revenue -60.3% year-over-year).
- 2020: Revenue of $180K, expenses of $144K, and assets of $108K (revenue -10.6% year-over-year).
- 2019: Revenue of $202K, expenses of $147K, and assets of $73K (revenue -29.0% year-over-year).
- 2018: Revenue of $284K, expenses of $272K, and assets of $27K (revenue +44.8% year-over-year).
- 2017: Revenue of $196K, expenses of $309K, and assets of $23K (revenue -17.9% year-over-year).
- 2016: Revenue of $239K, expenses of $317K, and assets of $144K (revenue +13.4% year-over-year).
- 2015: Revenue of $210K, expenses of $289K, and assets of $218K (revenue +61.6% year-over-year).
- 2014: Revenue of $130K, expenses of $184K, and assets of $315K (revenue -28.7% year-over-year).
- 2013: Revenue of $183K, expenses of $179K, and assets of $338K (revenue -20.8% year-over-year).
- 2012: Revenue of $230K, expenses of $170K, and assets of $351K (revenue -47.3% year-over-year).
- 2011: Revenue of $438K, expenses of $221K, and assets of $270K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Laborers Joint Apprenticeship Andtraining Trust Of Wyoming:
Data Sources and Methodology
This transparency report for Laborers Joint Apprenticeship Andtraining Trust Of Wyoming 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.