LABORERS LOCAL 177 TRAINING AND EDUCATION FUND (EIN 421508336) - 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

2000

Legal Domicile

Principal Officer

MICHAEL WECKMAN

Phone

5152652558

Tax Period

2017-07-01 to 2018-06-30

LABORERS LOCAL 177 TRAINING AND EDUCATION FUND, founded in 2000, is a micro nonprofit that reported $38K in total revenue in fiscal year 2017. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $346K exceeded revenue, resulting in a 820% operating deficit.

Mission

THE PURPOSE OF THE FUND IS TO PROMOTE AND ADVANCE THE SKILL, TRAINING AND COMPETENCY OF TRAINEES AND JOURNEYMAN UNION LABORERS.

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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 (2017)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1,893

Other Revenue $35,693

TOTAL REVENUE $37,586

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $345,617

Other Expenses $345,617

TOTAL EXPENSES $345,617

Year-over-Year Comparison

	2017	2016	Change
Revenue	$37,586	$310,197	-0.9%
Expenses	$345,617	$292,782	+0.2%
Net Income	$-308,031	$17,415	-18.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRAD GEZEL	TRUSTEE	2.00	Director	$0	$0	$0
DICK FELICE	TRUSTEE	2.00	Director	$0	$0	$0
STEVE FERGUSON	TRUSTEE	2.00	Director	$0	$0	$0
DAN HELM	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL WECKMAN	TRUSTEE	2.00	Director	$0	$0	$0
DOUG WHITE	TRUSTEE	2.00	Director	$0	$0	$0
JIM GRIFFITHS	TRUSTEE	2.00	Director	$0	$0	$0
JOE HARRIS	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
2018	$37,586	$345,617	No data	$-308,031

LABORERS LOCAL 177 TRAINING AND EDUCATION FUND