BALTIMORE-WASHINGTON LABORERS' JOINT TRAINING FUND

EIN: 237055641 501(c)(3) Employment

BALTIMORE, MD

Total Revenue
$2,072,788
Total Expenses
$1,771,234
Total Assets
$11,007,799
Net Assets
$10,864,185
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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
1969
Legal Domicile
MD
Principal Officer
RYAN BOYER
Phone
4105251500
Tax Period
2023-10-01 to 2024-09-30

BALTIMORE-WASHINGTON LABORERS' JOINT TRAINING FUND, founded in 1969, is a community nonprofit in the Employment sector that reported $2.1M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $1.8M left a modest 15% surplus.

Mission

THE GOAL OF BALTIMORE-WASHINGTON LABORERS' JOINT TRAINING FUND IS TO MAKE SURE EVERY UNION LABORER HAS THE SKILLS NEEDED TO MAINTAIN: SOUND EMPLOYMENT, WORK SAFE, AND GIVE OUR EMPLOYERS A COMPETITIVE EDGE OVER NONUNION EMPLOYERS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,057,434
Investment Income $-12,163
Other Revenue $27,517
TOTAL REVENUE $2,072,788

Expense Breakdown

Grants Paid $0
Salaries & Benefits $963,399
Fundraising Expenses $0
Program Expenses $669,682
Other Expenses $807,835
TOTAL EXPENSES $1,771,234

Year-over-Year Comparison

2023 2022 Change
Revenue $2,072,788 $1,769,222 +0.2%
Expenses $1,771,234 $1,565,324 +0.1%
Net Income $301,554 $203,898 +0.5%
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

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Governance

Voting Members
12
Independent Members
11
Employees
9
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
3
$201,077
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS BELLO TRUSTEE 1.00
Director
$0 $0 $0
MATTHEW BONZELLA TRUSTEE 1.00
Director
$0 $0 $0
RYAN BOYER CHAIRMAN 1.00
Director
$0 $0 $0
DAN CALWELL TRUSTEE 1.00
Director
$0 $0 $0
MIGUEL DIAZ TRUSTEE 1.00
Director
$0 $0 $0
STEPHEN LANNING TRUSTEE (P) 1.00
Director
$0 $0 $0
GEORGE MALONEY SECRETARY 1.00
Officer Director
$0 $0 $0
CARL NEIMEYER TRUSTEE 1.00
Director
$0 $0 $0
JULIO PALOMO CHAIRMAN 1.00
Officer Director
$0 $0 $0
TOM STRUNGE TRUSTEE 1.00
Director
$0 $0 $0
VAUGHN THOMAS TRUSTEE 1.00
Director
$0 $0 $0
ALAN PARHAM TRUSTEE 1.00
Director
$0 $0 $0
JASON MCDONALD EXECUTIVE DIR 40.00
Officer
$149,730 $51,347 $201,077
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 $2,072,788 $1,771,234 $11,007,799 $301,554
2023 $1,769,222 $1,565,324 $10,002,950 $203,898
2022 $1,695,217 $1,423,237 $9,542,351 $271,980
2021 $2,282,602 $1,484,010 $10,098,252 $798,592
2020 $2,522,298 $1,400,318 $9,036,424 $1,121,980
2020 $2,410,665 $1,400,518 $8,924,591 $1,010,147
2019 $2,329,203 $1,549,326 $7,692,297 $779,877
2018 $1,239,608 $1,020,125 $5,259,340 $219,483
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