LABORERS LOCAL 265 NORTH AMERICA LOCAL 265 (EIN 310330140) - 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

1912

Legal Domicile

Principal Officer

JUSTIN H PHILLIPS

Phone

5132215260

Tax Period

2024-01-01 to 2024-12-31

LABORERS LOCAL 265 NORTH AMERICA LOCAL 265, founded in 1912, is a community nonprofit that reported $3.9M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $715K, a strong 18% operating margin.

Mission

UNITE INTO THE LOCAL, ELIGIBLE MEMBERS TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATION AND COLLECTIVE BARGAINING.

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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 $3,469,595

Investment Income $357,791

Other Revenue $62,242

TOTAL REVENUE $3,889,628

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,404,000

Fundraising Expenses $0

Other Expenses $1,770,561

TOTAL EXPENSES $3,174,561

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,889,628	$3,584,066	+0.1%
Expenses	$3,174,561	$2,799,136	+0.1%
Net Income	$715,067	$784,930	-0.1%

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

N/A

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

$854,093

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUSTIN H PHILLIPS	Treasurer	40.00	Officer	$213,705	$38,216	$251,921
JAMES INSKEEP	President	40.00	Officer	$163,654	$38,216	$201,870
DWANNIKA CRENSHAW	Trustee	40.00	Officer	$124,818	$38,216	$163,034
ANTHONY BRICE JR	Secretary	40.00	Officer	$123,238	$38,216	$161,454
ROBERT E RICHARDSON	Vice President	40.00	Officer	$24,598	$38,216	$62,814
CHAD HALL	Trustee	5.00	Officer	$6,800	$0	$6,800
VINCENT IRVIN	Trustee	5.00	Officer	$6,200	$0	$6,200

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	$3,889,628	$3,174,561	$13,082,210	$715,067
2023	$3,584,066	$2,799,136	$11,610,300	$784,930
2022	$3,563,813	$3,067,087	$9,720,914	$496,726
2021	$4,397,320	$2,771,368	$10,611,807	$1,625,952
2020	$3,639,827	$2,721,267	$8,898,409	$918,560
2019	$3,730,050	$2,581,537	$7,549,456	$1,148,513

LABORERS LOCAL 265 NORTH AMERICA LOCAL 265