Southern Nevada Laborers Employers Cooperation And Education Tr

Southern Nevada Laborers Employers Cooperation And Education Tr maintains stable finances with no reported officer compensation.

EIN: 202516376 · Las Vegas, NV · NTEE: J40 · Updated: 2026-03-28

$3.6MRevenue
$3.6MAssets
95/100Mission Score (Excellent)
J40
Southern Nevada Laborers Employers Cooperation And Education Tr Financial Summary
MetricValue
Total Revenue$3.6M
Total Expenses$3.6M
Program Spending90%
Net Assets$3.4M
Transparency Score95/100

Is Southern Nevada Laborers Employers Cooperation And Education Tr Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

Southern Nevada Laborers Employers Cooperation And Education Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Southern Nevada Laborers Employers Cooperation And Education Tr

Southern Nevada Laborers Employers Cooperation And Education Tr (EIN: 202516376) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code J40. The organization reported total revenue of $3.6M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Nevada Laborers Employers Cooperation And Education Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Southern Nevada Laborers Employers Cooperation And Education Tr is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$3.7M
Total Expenses$3.6M
Surplus / Deficit+$69K
Total Assets$3.4M
Total Liabilities$4K
Net Assets$3.4M
Operating Margin1.9%
Debt-to-Asset Ratio0.1%
Months of Reserves11.2 months

Financial Health Grade: A

In 2023, Southern Nevada Laborers Employers Cooperation And Education Tr reported a surplus of $69K with revenue exceeding expenses, holds 11.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Southern Nevada Laborers Employers Cooperation And Education Tr's revenue has grown at a compound annual growth rate (CAGR) of 18.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023+15.8%+22.7%+2.1%
2022+5.5%-15.4%+7.7%
2021-13.6%+26.5%-13.2%
2020+3.1%-4.4%+26.4%
2019+19.8%+13.4%+22.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Southern Nevada Laborers Employers Cooperation And Education Tr (SNLECET) demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, indicating a stable operational model. For example, in 2023, revenue was $3,699,601 against expenses of $3,630,234. The organization's assets have shown a steady growth trend over the past decade, from $516,353 in 2014 to $3,388,277 in 2023, suggesting prudent financial management and accumulation of resources. Liabilities have remained relatively low compared to assets, further indicating financial stability. Spending efficiency appears strong, as the organization consistently reports 0% officer compensation, which is a significant positive indicator for a nonprofit. This suggests that resources are being directed towards the organization's mission rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation implies a lean operational structure. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency and regulatory compliance. Overall, SNLECET appears to be in good financial health, with a history of responsible growth and a clear commitment to directing funds towards its stated purpose, as evidenced by its financial trends and lack of executive compensation. The organization's ability to maintain low liabilities while growing its asset base further reinforces its sound financial standing.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Southern Nevada Laborers Employers Cooperation And Education Tr 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: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Southern Nevada Laborers Employers Cooperation And Education Tr 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:

$3.7MTotal Revenue
$3.6MTotal Expenses
$3.4MTotal Assets
$4KTotal Liabilities
$3.4MNet Assets
  • The organization reported a surplus of $69K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.1%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual and suggests a volunteer-led or externally funded leadership structure.

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 Southern Nevada Laborers Employers Cooperation And Education Tr's IRS 990 filings:

  • Lack of detailed program, administrative, and fundraising expense breakdown in summary data
  • Unusually low liabilities in some years (e.g., $2,304 in 2015) compared to assets, which could indicate specific operational models or funding structures

Strengths

The following positive indicators were identified for Southern Nevada Laborers Employers Cooperation And Education Tr:

  • Consistent reporting of 0% officer compensation, indicating high efficiency and mission focus
  • Steady growth in revenue and assets over the past decade, demonstrating financial stability and expansion
  • Revenues generally exceed expenses, leading to positive net assets and financial health
  • Low liabilities relative to assets, suggesting strong financial management and solvency
  • Consistent filing of IRS Form 990s, indicating transparency and compliance

Frequently Asked Questions about Southern Nevada Laborers Employers Cooperation And Education Tr

Is Southern Nevada Laborers Employers Cooperation And Education Tr a legitimate charity?

Southern Nevada Laborers Employers Cooperation And Education Tr (EIN: 202516376) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.6M. 2 red flags identified. 5 strengths noted. Financial health grade: A.

How does Southern Nevada Laborers Employers Cooperation And Education Tr spend its money?

Southern Nevada Laborers Employers Cooperation And Education Tr directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Southern Nevada Laborers Employers Cooperation And Education Tr tax-deductible?

Southern Nevada Laborers Employers Cooperation And Education Tr is registered as a tax-exempt nonprofit (EIN: 202516376). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Southern Nevada Laborers Employers Cooperation And Education Tr compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Southern Nevada Laborers Employers Cooperation And Education Tr is above average for NTEE category J40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Southern Nevada Laborers Employers Cooperation And Education Tr located?

Southern Nevada Laborers Employers Cooperation And Education Tr is headquartered in Las Vegas, Nevada and files with the IRS under EIN 202516376. It is classified under NTEE code J40.

How many years of IRS 990 filings does Southern Nevada Laborers Employers Cooperation And Education Tr have?

Southern Nevada Laborers Employers Cooperation And Education Tr 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 $3.6M in total revenue.

Is Southern Nevada Laborers Employers Cooperation And Education Tr a good charity?

Based on the provided financial data, the organization appears to be a very good charity from a financial health and efficiency perspective. It consistently operates with revenues exceeding expenses, has growing assets, and reports 0% officer compensation, suggesting a strong focus on its mission.

How has the organization's financial health changed over time?

The organization has shown significant financial growth and stability over the past decade. Revenue increased from $766,210 in 2014 to $3,699,601 in 2023, and assets grew from $516,353 to $3,388,277 in the same period, indicating robust financial management and expansion.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, which is an exceptional practice. This indicates that executive leadership is either unpaid, compensated through other means not reported as officer compensation, or the organization operates without traditional paid officers.

Filing History

IRS 990 filing history for Southern Nevada Laborers Employers Cooperation And Education Tr showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Southern Nevada Laborers Employers Cooperation And Education Tr's revenue has grown by 647%, moving from $495K to $3.7M. Total assets increased by 1228.7% over the same period, from $255K to $3.4M. Total functional expenses rose by 378.9%, from $758K to $3.6M. In its most recent filing year (2023), Southern Nevada Laborers Employers Cooperation And Education Tr reported a surplus of $69K, with revenue exceeding expenses. The organization holds $4K in liabilities against $3.4M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $3.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $3.7M $3.6M $3.4M $4K
2022 $3.2M $3.0M $3.3M $5K
2021 $3.0M $3.5M $3.1M $5K View 990
2020 $3.5M $2.8M $3.5M $6K
2019 $3.4M $2.9M $2.8M $10K View 990
2018 $2.8M $2.6M $2.3M $8K View 990
2017 $2.2M $1.4M $2.0M $22K View 990
2016 $1.4M $1.3M $1.2M $33K View 990
2015 $1.4M $902K $1.0M $2K View 990
2014 $766K $625K $516K $6K View 990
2013 $758K $617K $370K $851 View 990
2012 $652K $677K $229K $1K View 990
2011 $495K $758K $255K $2K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $3.7M, expenses of $3.6M, and assets of $3.4M (revenue +15.8% year-over-year).
  • 2022: Revenue of $3.2M, expenses of $3.0M, and assets of $3.3M (revenue +5.5% year-over-year).
  • 2021: Revenue of $3.0M, expenses of $3.5M, and assets of $3.1M (revenue -13.6% year-over-year).
  • 2020: Revenue of $3.5M, expenses of $2.8M, and assets of $3.5M (revenue +3.1% year-over-year).
  • 2019: Revenue of $3.4M, expenses of $2.9M, and assets of $2.8M (revenue +19.8% year-over-year).
  • 2018: Revenue of $2.8M, expenses of $2.6M, and assets of $2.3M (revenue +27.0% year-over-year).
  • 2017: Revenue of $2.2M, expenses of $1.4M, and assets of $2.0M (revenue +63.4% year-over-year).
  • 2016: Revenue of $1.4M, expenses of $1.3M, and assets of $1.2M (revenue -3.7% year-over-year).
  • 2015: Revenue of $1.4M, expenses of $902K, and assets of $1.0M (revenue +85.5% year-over-year).
  • 2014: Revenue of $766K, expenses of $625K, and assets of $516K (revenue +1.1% year-over-year).
  • 2013: Revenue of $758K, expenses of $617K, and assets of $370K (revenue +16.3% year-over-year).
  • 2012: Revenue of $652K, expenses of $677K, and assets of $229K (revenue +31.6% year-over-year).
  • 2011: Revenue of $495K, expenses of $758K, and assets of $255K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Southern Nevada Laborers Employers Cooperation And Education Tr:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Southern Nevada Laborers Employers Cooperation And Education Tr 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.

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