Southwest Laborers Training And Apprenticeship Fund
EIN: 270509491 · Springer, OK · NTEE: J22
| Metric | Value |
|---|---|
| Total Revenue | $773K |
| Total Expenses | $659K |
| Net Assets | $1.2M |
Is Southwest Laborers Training And Apprenticeship Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southwest Laborers Training And Apprenticeship Fund
Southwest Laborers Training And Apprenticeship Fund (EIN: 270509491) is a nonprofit organization based in Springer, OK, classified under NTEE code J22. The organization reported total revenue of $773K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southwest Laborers Training And Apprenticeship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southwest Laborers Training And Apprenticeship Fund is a small nonprofit that has been operating for 16 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $495K |
| Total Expenses | $659K |
| Surplus / Deficit | $-164,650 |
| Total Assets | $1.2M |
| Total Liabilities | $16K |
| Net Assets | $1.2M |
| Operating Margin | -33.3% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 21.7 months |
Financial Health Grade: B
In 2023, Southwest Laborers Training And Apprenticeship Fund reported a deficit of $165K with expenses exceeding revenue, holds 21.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Southwest Laborers Training And Apprenticeship Fund's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +72.9% | +2.5% | -12.8% |
| 2022 | -26.8% | +4.6% | -20.0% |
| 2021 | -41.6% | -2.6% | -11.7% |
| 2020 | -2.9% | -2.9% | +1.5% |
| 2019 | +28.8% | +0.9% | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southwest Laborers Training And Apprenticeship Fund 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 Southwest Laborers Training And Apprenticeship Fund 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 deficit of $165K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Southwest Laborers Training And Apprenticeship Fund
Is Southwest Laborers Training And Apprenticeship Fund a legitimate charity?
Southwest Laborers Training And Apprenticeship Fund (EIN: 270509491) is a registered tax-exempt nonprofit based in Oklahoma. It has 14 years of IRS 990 filings on record. Total revenue: $773K. No red flags identified. Financial health grade: B.
How does Southwest Laborers Training And Apprenticeship Fund spend its money?
Southwest Laborers Training And Apprenticeship Fund reported $773K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Southwest Laborers Training And Apprenticeship Fund tax-deductible?
Southwest Laborers Training And Apprenticeship Fund is registered as a tax-exempt nonprofit (EIN: 270509491). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southwest Laborers Training And Apprenticeship Fund located?
Southwest Laborers Training And Apprenticeship Fund is headquartered in Springer, Oklahoma and files with the IRS under EIN 270509491. It is classified under NTEE code J22.
How many years of IRS 990 filings does Southwest Laborers Training And Apprenticeship Fund have?
Southwest Laborers Training And Apprenticeship Fund has 14 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 $773K in total revenue.
Filing History
IRS 990 filing history for Southwest Laborers Training And Apprenticeship Fund showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Southwest Laborers Training And Apprenticeship Fund's revenue has declined by 11.8%, moving from $561K to $495K. Total assets decreased by 42.6% over the same period, from $2.1M to $1.2M. Total functional expenses rose by 7.7%, from $612K to $659K. In its most recent filing year (2023), Southwest Laborers Training And Apprenticeship Fund reported a deficit of $165K, with expenses exceeding revenue. The organization holds $16K in liabilities against $1.2M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $495K | $659K | $1.2M | $16K | — | — |
| 2022 | $286K | $643K | $1.4M | $27K | — | View 990 |
| 2021 | $391K | $615K | $1.7M | $13K | — | View 990 |
| 2020 | $668K | $632K | $1.9M | $15K | — | View 990 |
| 2019 | $689K | $651K | $1.9M | $24K | — | View 990 |
| 2018 | $535K | $645K | $1.9M | $22K | — | View 990 |
| 2017 | $648K | $596K | $2.0M | $22K | — | View 990 |
| 2016 | $636K | $664K | $1.9M | $19K | — | View 990 |
| 2015 | $760K | $881K | $2.1M | $163K | — | View 990 |
| 2014 | $733K | $739K | $2.1M | $26K | — | View 990 |
| 2013 | $792K | $732K | $2.1M | $22K | — | View 990 |
| 2012 | $695K | $631K | $2.0M | $439 | — | View 990 |
| 2011 | $474K | $613K | $1.9M | $3K | — | View 990 |
| 2010 | $561K | $612K | $2.1M | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $495K, expenses of $659K, and assets of $1.2M (revenue +72.9% year-over-year).
- 2022: Revenue of $286K, expenses of $643K, and assets of $1.4M (revenue -26.8% year-over-year).
- 2021: Revenue of $391K, expenses of $615K, and assets of $1.7M (revenue -41.6% year-over-year).
- 2020: Revenue of $668K, expenses of $632K, and assets of $1.9M (revenue -2.9% year-over-year).
- 2019: Revenue of $689K, expenses of $651K, and assets of $1.9M (revenue +28.8% year-over-year).
- 2018: Revenue of $535K, expenses of $645K, and assets of $1.9M (revenue -17.4% year-over-year).
- 2017: Revenue of $648K, expenses of $596K, and assets of $2.0M (revenue +1.8% year-over-year).
- 2016: Revenue of $636K, expenses of $664K, and assets of $1.9M (revenue -16.2% year-over-year).
- 2015: Revenue of $760K, expenses of $881K, and assets of $2.1M (revenue +3.7% year-over-year).
- 2014: Revenue of $733K, expenses of $739K, and assets of $2.1M (revenue -7.5% year-over-year).
- 2013: Revenue of $792K, expenses of $732K, and assets of $2.1M (revenue +14.0% year-over-year).
- 2012: Revenue of $695K, expenses of $631K, and assets of $2.0M (revenue +46.7% year-over-year).
- 2011: Revenue of $474K, expenses of $613K, and assets of $1.9M (revenue -15.5% year-over-year).
- 2010: Revenue of $561K, expenses of $612K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southwest Laborers Training And Apprenticeship Fund:
Data Sources and Methodology
This transparency report for Southwest Laborers Training And Apprenticeship Fund 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.