LABORERS' DISTRICT COUNCIL EDUCATION & TRAINING FUND OF THE PHILADELPHIA AREA (EIN 236568023) - 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

1980

Legal Domicile

Principal Officer

ALAN PARHAM

Phone

6105240404

Tax Period

2024-05-01 to 2025-04-30

LABORERS' DISTRICT COUNCIL EDUCATION & TRAINING FUND OF THE PHILADELPHIA AREA, founded in 1980, is a mid-sized nonprofit in the Education sector that reported $15.7M in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $5.4M, a strong 34% operating margin.

Mission

TO PROVIDE EDUCATION & TRAINING TO QUALIFYING MEMBERS UNDER A COLLECTIVE BARGAINING AGREEMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $12,977,708

Investment Income $2,747,849

Other Revenue $0

TOTAL REVENUE $15,725,557

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,552,502

Fundraising Expenses $0

Program Expenses $8,211,144

Other Expenses $6,808,676

TOTAL EXPENSES $10,361,178

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,725,557	$22,511,303	-0.3%
Expenses	$10,361,178	$9,456,420	+0.1%
Net Income	$5,364,379	$13,054,883	-0.6%

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

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

$393,341

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES N HARPER JR	TRUSTEE	1.00	Director	$0	$0	$0
SAMUEL STATEN JR	TRUSTEE	1.00	Director	$0	$0	$0
BENJAMIN CONNORS	TRUSTEE	1.00	Director	$0	$0	$0
AMY HENNESSEY	TRUSTEE	1.00	Director	$0	$0	$0
ANTHONY MOSS	TRUSTEE	1.00	Director	$0	$0	$0
RYAN BOYER	TRUSTEE	1.00	Director	$0	$0	$0
JOSEPH M JR MAROSELLA	TRUSTEE	1.00	Director	$0	$0	$0
SONIA DI VALERIO	TRUSTEE	1.00	Director	$0	$0	$0
MAILK STATTEN JR	TRUSTEE	1.00	Director	$0	$0	$0
STANLEY SANDERS	TRUSTEE	1.00	Director	$0	$0	$0
ALAN PARHAM	ADMINISTRATOR	40.00	Key Emp	$184,385	$106,645	$393,341

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
2025	$15,725,557	$10,361,178	$88,921,402	$5,364,379
2024	$22,511,303	$9,456,420	$83,543,929	$13,054,883
2023	$14,230,157	$8,987,010	$71,458,680	$5,243,147
2022	$16,510,639	$8,200,161	$71,995,191	$8,310,478
2021	$14,627,563	$5,232,418	$68,179,592	$9,395,145
2020	$11,332,288	$5,309,180	$57,152,929	$6,023,108
2019	$10,396,328	$4,206,629	$29,553,720	$6,189,699
2018	$10,283,133	$5,126,839	$21,775,018	$5,156,294
2018	$10,433,681	$4,309,684	$23,060,106	$6,123,997

LABORERS' DISTRICT COUNCIL EDUCATION & TRAINING FUND OF THE PHILADELPHIA AREA