Bedford, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Indiana Laborers Training Trust Fund, founded in 1968, is a community nonprofit that reported $7.5M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $9.5M exceeded revenue, resulting in a 26% operating deficit.
Providing continuous programs of pre-job training, retraining and upgrading of personnel employed in the construction industry in Indiana.
Provided approximately 4,400 course completions in apprenticeship training and instruction.
Provided approximately 200 course completions to journeyman laborers in hazardous waste abatement and safety.
Provided approximately 1,330 retraining and upgrading course completions to journeyman laborers.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $7,511,053 | $8,008,011 | -0.1% |
| Expenses | $9,465,223 | $8,517,111 | +0.1% |
| Net Income | $-1,954,170 | $-509,100 | +2.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Rick Henson Jr | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Mike Ferrara | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Kelly Abel | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Chris Brickey | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Jade Painter | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Brian Short | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Joe Bolk | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Jim Wiseman | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Ramon Mendoza | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Nick Timmerman | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| John Brown | Chairman | 2.00 |
Officer
|
$0 | $0 | $0 |
| David Frye | Secretary-Treasurer | 4.00 |
Officer
|
$0 | $0 | $0 |
| Sean Coakley | Director | 40.00 |
Highest
|
$143,572 | $71,330 | $214,902 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $7,511,053 | $9,465,223 | $18,207,109 | $-1,954,170 |
| 2024 | $8,008,011 | $8,517,111 | $20,405,425 | $-509,100 |
| 2023 | $6,529,560 | $7,290,874 | $20,408,470 | $-761,314 |
| 2022 | $7,306,195 | $6,303,904 | $22,529,948 | $1,002,291 |
| 2021 | $6,553,854 | $5,750,578 | $23,303,543 | $803,276 |
Compare Indiana Laborers Training Trust Fund with other nonprofits in Indiana and across the country.