LABORERS TRAINING TRUST FOR NORTHERN NEV (EIN 237222294) - 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

1970

Legal Domicile

Principal Officer

ELOY JARA

Phone

7758267200

Tax Period

2024-01-01 to 2024-12-31

LABORERS TRAINING TRUST FOR NORTHERN NEV, founded in 1970, is a community nonprofit in the Employment sector that reported $1.5M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $1.4M left a modest 6% surplus.

Mission

TO PROVIDE TRAINING BENEFITS FOR PLAN PARTICIPANTS

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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 $1,342,597

Investment Income $80,792

Other Revenue $28,726

TOTAL REVENUE $1,452,115

Expense Breakdown

Grants Paid $0

Salaries & Benefits $700,306

Fundraising Expenses $0

Other Expenses $660,272

TOTAL EXPENSES $1,360,578

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,452,115	$1,339,282	+0.1%
Expenses	$1,360,578	$1,213,894	+0.1%
Net Income	$91,537	$125,388	-0.3%

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

$131,064

Total Directors

$233,406

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG MADOLE	CO-CHAIRMAN	1.00	Officer Director	$0	$0	$0
ELOY JARA	CHAIRMAN	1.00	Officer Director	$0	$0	$131,064
MIKE KINNEY	TRUSTEE	1.00	Director	$0	$0	$102,342
RICHARD DALY	TRUSTEE	1.00	Director	$0	$0	$0
CRAIG HOLT	TRUSTEE	1.00	Director	$0	$0	$0
DAVID BACKMAN	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	$1,452,115	$1,360,578	$5,368,491	$91,537
2024	$1,452,115	$1,360,578	$5,368,491	$91,537
2023	$1,339,282	$1,213,894	$5,246,471	$125,388
2022	$1,301,594	$948,794	$5,132,736	$352,800
2021	$1,420,928	$812,617	$4,790,894	$608,311
2020	$819,606	$659,846	$4,163,498	$159,760
2019	$672,398	$628,228	$4,008,920	$44,170
2018	$765,703	$541,912	$3,965,228	$223,791

LABORERS TRAINING TRUST FOR NORTHERN NEV