LABOR WORLD INC

EIN: 410361360

DULUTH, MN

Total Revenue
$214,800
Total Expenses
$220,995
Total Assets
$68,484
Net Assets
$40,462
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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
1896
Legal Domicile
MN
Principal Officer
AL LAFRENIER
Phone
2187284469
Tax Period
2024-01-01 to 2024-12-31

LABOR WORLD INC, founded in 1896, is a small nonprofit that reported $215K in total revenue in fiscal year 2024.

Mission

PUBLISHING THE LABOR WORLD NEWSPAPER - EDUCATION OUR 15,800 SUBSCRIBERS ON WHAT IS HAPPENING IN THE LABOR MOVEMENT LOCALLY AND NATIONALLY.

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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 $212,678
Investment Income $162
Other Revenue $1,960
TOTAL REVENUE $214,800

Expense Breakdown

Grants Paid $0
Salaries & Benefits $108,167
Fundraising Expenses $0
Other Expenses $112,828
TOTAL EXPENSES $220,995

Year-over-Year Comparison

2024 2023 Change
Revenue $214,800 $225,498 0.0%
Expenses $220,995 $237,608 -0.1%
Net Income $-6,195 $-12,110 -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
7
Independent Members
7
Employees
2
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
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHLEEN ADEE SECRETARY 1.00
Officer Director
$0 $0 $0
SCOTT DULAS DIRECTOR 1.00
Director
$0 $0 $0
AL LAFRENIER PRESIDENT 1.00
Officer Director
$0 $0 $0
STAN PACZYNSKI DIRECTOR 1.00
Director
$0 $0 $0
MATT PREBLE DIRECTOR 1.00
Director
$0 $0 $0
ADAM RITSCHER DIRECTOR 1.00
Director
$0 $0 $0
STACY SPEXET VICE PRESIDE 1.00
Officer 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
2025 No data No data No data No data
2024 $214,800 $220,995 $68,484 $-6,195
2023 $225,498 $237,608 $73,055 $-12,110
2022 $215,310 $225,891 $84,592 $-10,581
2021 $209,152 $212,059 $89,353 $-2,907
2020 $214,076 $211,540 $92,660 $2,536
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