CONTRACTORS LABORERS TRAINING FUND (EIN 470577167) - 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

1976

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

CONTRACTORS LABORERS TRAINING FUND, founded in 1976, is a small nonprofit that reported $599K in total revenue in fiscal year 2023. Revenue surged 83% from the prior year, signaling strong growth momentum. Expenses of $546K left a modest 9% surplus.

Mission

PROVIDE JOURNEYMEN LABORERS WITH TRAINING AND TRAIN APPRENTICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $436,279

Investment Income $33,683

Other Revenue $128,662

TOTAL REVENUE $598,624

Expense Breakdown

Grants Paid $0

Salaries & Benefits $335,173

Fundraising Expenses $0

Program Expenses $491,580

Other Expenses $211,027

TOTAL EXPENSES $546,200

Year-over-Year Comparison

	2023	2022	Change
Revenue	$598,624	$326,530	+0.8%
Expenses	$546,200	$475,083	+0.1%
Net Income	$52,424	$-148,553	-1.4%

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

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

$13,000

Key Employees

$155,277

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUG SEA	TRAINING DIRECTOR	40.00	Key Emp	$126,109	$29,168	$155,277
SAM RENSHAW	TRUSTEE	4.00	Director	$13,000	$0	$13,000
JOE HANSEN	SECRETARY-BOT	2.00	Director	$0	$0	$0
NICK FOTOPLOS	TRUSTEE	2.00	Director	$0	$0	$0
STEVE JONES	TRUSTEE	2.00	Director	$0	$0	$0
PETE BARDESON	TRUSTEE	2.00	Director	$0	$0	$0
BOB EDICK	SECRETARY BOT	2.00	Director	$0	$0	$0
RON KAMINSKI	CHMN BOT	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	No data	No data	No data	No data
2023	$598,624	$546,200	$1,708,710	$52,424
2022	$326,530	$475,083	$1,657,416	$-148,553
2021	$612,258	$384,400	$1,808,625	$227,858
2020	$543,829	$335,381	$1,576,981	$208,448

CONTRACTORS LABORERS TRAINING FUND