LABORERS' LOCAL 785 TRAINING & APPRENTICESHIP FUND (EIN 226452950) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

KASEY EIKLOR

Phone

6073195063

Tax Period

2023-01-01 to 2023-12-31

LABORERS' LOCAL 785 TRAINING & APPRENTICESHIP FUND, founded in 1988, is a small nonprofit that reported $233K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. Net assets of $975K represent 50 months of operating reserves.

Mission

TO PROVIDE RE-TRAINING, SKILL IMPROVEMENT, SAFETY EDUCATION, APPRENTICE TRAINING, AND RELATED

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $208,678

Investment Income $12,289

Other Revenue $12,487

TOTAL REVENUE $233,454

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,009

Fundraising Expenses $0

Program Expenses $194,939

Other Expenses $97,991

TOTAL EXPENSES $251,674

Year-over-Year Comparison

	2023	2022	Change
Revenue	$233,454	$308,202	-0.2%
Expenses	$251,674	$323,894	-0.2%
Net Income	$-18,220	$-15,692	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL NORTON	TRUSTEE	1.00	Director	$0	$0	$0
KASEY EIKLOR	TRUSTEE	5.00	Officer Director	$0	$0	$0
CHARLES HOLLISTER	TRUSTEE	1.00	Director	$0	$0	$0
BRADLEY WALTERS	TRUSTEE	1.00	Director	$0	$0	$0
FRANK E JONES JR	TRUSTEE	1.00	Director	$0	$0	$0
JAY NIEDZIALKOWSKI	TRUSTEE	1.00	Director	$0	$0	$0
JOHN HEALY	TRUSTEE	1.00	Director	$0	$0	$0
DENNIS SHEANHAN	TRUSTEE	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$233,454	$251,674	$979,562	$-18,220
2022	$308,202	$323,894	$983,006	$-15,692
2021	$228,402	$279,524	$1,151,680	$-51,122
2020	$212,416	$231,764	$1,106,990	$-19,348
2019	$295,335	$271,850	$1,063,893	$23,485
2018	$306,850	$283,277	$971,722	$23,573

LABORERS' LOCAL 785 TRAINING & APPRENTICESHIP FUND