WEST VIRGINIA LABORERS' TRUST FUND (EIN 550451207) - 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

1958

Legal Domicile

Principal Officer

NATHANAEL AYLESTOCK

Phone

3043425143

Tax Period

2024-04-01 to 2025-03-31

WEST VIRGINIA LABORERS' TRUST FUND, founded in 1958, is a mid-sized nonprofit that reported $33.6M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Net assets of $143.3M represent 51 months of operating reserves.

Mission

HEALTH & WELFARE BENEFIT ADMINISTRATION

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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 $28,560,070

Investment Income $5,089,086

Other Revenue $0

TOTAL REVENUE $33,649,156

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,424,029

Fundraising Expenses $0

Program Expenses $35,229,453

Other Expenses $1,235,281

TOTAL EXPENSES $36,849,344

Year-over-Year Comparison

	2024	2023	Change
Revenue	$33,649,156	$36,468,627	-0.1%
Expenses	$36,849,344	$37,018,315	0.0%
Net Income	$-3,200,188	$-549,688	+4.8%

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

$135,577

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSIE KING	CHAIRMAN	5.00	Officer Director	$0	$0	$0
JAMES CARNEY	TRUSTEE	5.00	Director	$0	$0	$0
JASON HERSHMAN	TRUSTEE	5.00	Director	$0	$0	$0
TIMOTHY GOODEN	TRUSTEE	5.00	Director	$0	$0	$0
BYRON MCGRADY	TRUSTEE	5.00	Director	$0	$0	$0
DAN LOY	TRUSTEE	5.00	Director	$0	$0	$0
MATT FREELAND	TRUSTEE	5.00	Director	$0	$0	$0
MARY PRIM	SECRETARY	5.00	Officer Director	$0	$0	$0
JUSTIN GRAY	TRUSTEE	5.00	Director	$0	$0	$0
CLINTON SUGGS	TRUSTEE	5.00	Director	$0	$0	$0
CALVIN BROGAN	TRUSTEE	5.00	Director	$0	$0	$0
KELLY YOUNG	TRUSTEE	5.00	Director	$0	$0	$0
NATHANAEL AYLESTOCK	ADMINISTRATIVE MANAGER	40.00	Officer	$135,577	$0	$135,577

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	$33,649,156	$36,849,344	$145,805,709	$-3,200,188
2024	$36,468,627	$37,018,315	$145,554,655	$-549,688
2023	$28,870,712	$31,237,026	$138,716,136	$-2,366,314
2022	$31,843,888	$26,207,792	$150,659,143	$5,636,096
2021	$31,946,029	$27,735,980	$142,721,641	$4,210,049
2020	$42,029,903	$35,104,143	$119,759,515	$6,925,760
2019	$56,651,776	$29,910,428	$113,961,528	$26,741,348
2018	$35,093,981	$21,740,867	$83,685,094	$13,353,114

WEST VIRGINIA LABORERS' TRUST FUND