SOUTHWEST LABORERS' TRAINING & APPRENTICESHIP

EIN: 270509491 501(c)(3) Employment

SPRINGER, OK

Total Revenue
$637,196
Total Expenses
$708,183
Total Assets
$1,123,709
Net Assets
$1,105,482
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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
2009
Legal Domicile
OK
Principal Officer
CASSANDRA HAMMOND
Phone
5806532123
Tax Period
2024-01-01 to 2024-12-31

SOUTHWEST LABORERS' TRAINING & APPRENTICESHIP, founded in 2009, is a small nonprofit in the Employment sector that reported $637K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $708K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE TRAINING AND RETRAINING OR REFRESHER TRAINING FOR EMPLOYEES AND OTHERS IN THE SKILLS AND JOBS WHICH ARE BENEFICIAL TO THE CONSTRUCTION INDUSTRY IN ARKANSAS, OKLAHOMA AND TEXAS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $587,166
Investment Income $37,341
Other Revenue $12,689
TOTAL REVENUE $637,196

Expense Breakdown

Grants Paid $0
Salaries & Benefits $444,258
Fundraising Expenses $0
Program Expenses $606,592
Other Expenses $263,925
TOTAL EXPENSES $708,183

Year-over-Year Comparison

2024 2023 Change
Revenue $637,196 $494,637 +0.3%
Expenses $708,183 $659,287 +0.1%
Net Income $-70,987 $-164,650 -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

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Governance

Voting Members
10
Independent Members
10
Employees
5
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
2
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE COWELL TRUSTEE 2.00
Director
$0 $0 $0
ARTURO DELGADO TRUSTEE 2.00
Director
$0 $0 $0
ROBERT GARMOE TRUSTEE 2.00
Director
$0 $0 $0
MATT GONZALES TRUSTEE 2.00
Director
$0 $0 $0
CASSANDRA HAMMOND CHAIRPERSON 2.00
Officer Director
$0 $0 $0
JEREMY HENDRICKS TRUSTEE 2.00
Director
$0 $0 $0
JOSH JONES TRUSTEE 2.00
Director
$0 $0 $0
RAY MANCIAS SECRETARY 2.00
Officer Director
$0 $0 $0
ARNOLD RIOS TRUSTEE 2.00
Director
$0 $0 $0
MATT THOMAS TRUSTEE 2.00
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 $637,196 $708,183 $1,123,709 $-70,987
2023 $494,637 $659,287 $1,192,820 $-164,650
2022 $286,026 $643,027 $1,368,340 $-357,001
2021 $390,634 $614,955 $1,710,918 $-224,321
2020 $668,407 $631,576 $1,937,416 $36,831
2019 $688,616 $650,537 $1,909,617 $38,079
2018 $534,784 $644,879 $1,869,533 $-110,095
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