Local 15 15 A 15 D Operating Engineer Apprenticeship Skill Improvement

Operating Engineer Apprenticeship Program Faces Recurring Operational Deficits While Maintaining Strong Asset Base.

EIN: 132648599 · Long Is City, NY · Updated: 2026-03-28

$9.0MRevenue

$6.5MAssets

75/100Mission Score (Good)

About Local 15 15 A 15 D Operating Engineer Apprenticeship Skill Improvement

Local 15 15 A 15 D Operating Engineer Apprenticeship Skill Improvement (EIN: 132648599) is a nonprofit organization based in Long Is City, NY. The organization reported total revenue of $9.0M and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Local 15 15 A 15 D Operating Engineer Apprenticeship Skill Improvement's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Local 15 15 A 15 D Operating Engineer Apprenticeship Skill Improvement demonstrates a consistent operational pattern, with expenses frequently exceeding revenue in recent years. For instance, in 2023, expenses were $6,199,166 against revenues of $5,329,677, and in 2022, expenses were $5,510,808 against revenues of $5,054,560. This trend suggests the organization may be drawing down on its assets or relying on prior surpluses to cover operational costs. Despite these deficits, the organization has maintained a healthy asset base, with assets at $4,193,042 in 2023, significantly higher than its liabilities of $385,853, indicating financial stability. The absence of reported officer compensation across all available filings suggests a strong commitment to directing funds towards its mission, or that compensation is structured in a way not captured under 'officer compensation' on the 990, which warrants further investigation for complete transparency.

The organization's financial health appears stable due to its asset reserves, but the recurring operational deficits are a point to monitor. While the specific breakdown of program, administrative, and fundraising expenses is not directly provided in the summary data, the lack of officer compensation is a positive indicator of efficient resource allocation. To fully assess spending efficiency, a deeper dive into the functional expense breakdown would be necessary. The consistent filing of IRS 990 forms over 13 periods demonstrates a commitment to regulatory compliance and basic financial transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Local 15 15 A 15 D Operating Engineer Apprenticeship Skill Improvement with a Mission Score of 75 out of 100 (Good). 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, Local 15 15 A 15 D Operating Engineer Apprenticeship Skill Improvement 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

Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with revenues often exceeding $5 million. This could indicate that key personnel are volunteers, compensated through other means not classified as 'officer compensation' on the 990, or that the organization's structure does not include traditional 'officers' in a compensated capacity.

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 Local 15 15 A 15 D Operating Engineer Apprenticeship Skill Improvement's IRS 990 filings:

Recurring operational deficits (e.g., $869,489 deficit in 2023, $456,248 deficit in 2022)
Consistently reported 0% officer compensation, which is unusual for an organization of this scale and warrants further scrutiny.
Significant increase in liabilities from $90,106 in 2022 to $385,853 in 2023 without clear explanation in summary data.

Strengths

The following positive indicators were identified for Local 15 15 A 15 D Operating Engineer Apprenticeship Skill Improvement:

Strong asset base relative to liabilities (e.g., $4,193,042 assets vs $385,853 liabilities in 2023).
Consistent IRS 990 filing history over 13 periods, indicating regulatory compliance.
Growth in assets over the long term, from $393,338 in 2014 to $4,193,042 in 2023, despite recent operational deficits.

Frequently Asked Questions about Local 15 15 A 15 D Operating Engineer Apprenticeship Skill Improvement

How does the organization cover its operational deficits, given that expenses have exceeded revenue in recent years (e.g., $6.19M expenses vs $5.32M revenue in 2023)?

The organization likely covers its operational deficits by utilizing its accumulated assets or prior year surpluses. For example, in 2023, assets were $4,193,042, which could absorb the $869,489 deficit.

What is the detailed breakdown of program, administrative, and fundraising expenses?

The provided summary data does not offer a detailed breakdown of these functional expenses. A review of the full IRS 990 forms would be necessary to determine these percentages accurately.

Why is officer compensation consistently reported as 0% across all filings?

This could be due to several reasons: officers are volunteers, compensation is paid through a related entity, or compensation is structured in a way that is not reported under 'officer compensation' on the 990 form. Further investigation into the organization's governance and compensation policies would be required.

What is the nature of the organization's liabilities, which increased significantly from $90,106 in 2022 to $385,853 in 2023?

The summary data does not specify the nature of these liabilities. A detailed review of the 2023 IRS 990 balance sheet would be needed to understand the components of this increase, such as accounts payable, deferred revenue, or other obligations.

Filing History

IRS 990 filing history for Local 15 15 A 15 D Operating Engineer Apprenticeship Skill Improvement showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Local 15 15 A 15 D Operating Engineer Apprenticeship Skill Improvement's revenue has grown by 95.1%, moving from $2.7M to $5.3M. Total assets increased by 182.5% over the same period, from $1.5M to $4.2M. Total functional expenses rose by 157.1%, from $2.4M to $6.2M. In its most recent filing year (2023), Local 15 15 A 15 D Operating Engineer Apprenticeship Skill Improvement reported a deficit of $869K, with expenses exceeding revenue. The organization holds $386K in liabilities against $4.2M in assets (debt-to-asset ratio: 9.2%), resulting in net assets of $3.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$5.3M	$6.2M	$4.2M	$386K	—	View 990
2022	$5.1M	$5.5M	$4.8M	$90K	—	View 990
2021	$4.9M	$5.2M	$5.4M	$268K	—	View 990
2020	$5.6M	$5.1M	$5.7M	$292K	—	—
2019	$5.9M	$5.1M	$5.1M	$175K	—	View 990
2018	$5.8M	$4.7M	$4.2M	$124K	—	View 990
2017	$4.8M	$3.9M	$3.1M	$136K	—	View 990
2016	$4.2M	$3.3M	$2.3M	$198K	—	View 990
2015	$3.6M	$2.7M	$1.3M	$99K	—	View 990
2014	$2.4M	$2.8M	$393K	$89K	—	View 990
2013	$2.3M	$2.7M	$851K	$107K	—	View 990
2012	$2.4M	$2.7M	$1.3M	$124K	—	View 990
2011	$2.7M	$2.4M	$1.5M	$58K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $5.3M, expenses of $6.2M, and assets of $4.2M (revenue +5.4% year-over-year).
2022: Revenue of $5.1M, expenses of $5.5M, and assets of $4.8M (revenue +2.7% year-over-year).
2021: Revenue of $4.9M, expenses of $5.2M, and assets of $5.4M (revenue -11.6% year-over-year).
2020: Revenue of $5.6M, expenses of $5.1M, and assets of $5.7M (revenue -6.0% year-over-year).
2019: Revenue of $5.9M, expenses of $5.1M, and assets of $5.1M (revenue +2.9% year-over-year).
2018: Revenue of $5.8M, expenses of $4.7M, and assets of $4.2M (revenue +20.3% year-over-year).
2017: Revenue of $4.8M, expenses of $3.9M, and assets of $3.1M (revenue +14.8% year-over-year).
2016: Revenue of $4.2M, expenses of $3.3M, and assets of $2.3M (revenue +17.2% year-over-year).
2015: Revenue of $3.6M, expenses of $2.7M, and assets of $1.3M (revenue +49.4% year-over-year).
2014: Revenue of $2.4M, expenses of $2.8M, and assets of $393K (revenue +1.8% year-over-year).
2013: Revenue of $2.3M, expenses of $2.7M, and assets of $851K (revenue -3.7% year-over-year).
2012: Revenue of $2.4M, expenses of $2.7M, and assets of $1.3M (revenue -11.3% year-over-year).
2011: Revenue of $2.7M, expenses of $2.4M, and assets of $1.5M.

Data Sources and Methodology

This transparency report for Local 15 15 A 15 D Operating Engineer Apprenticeship Skill Improvement 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.