Northern California Laborers Scholarship Foundation (EIN 680319359) - 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

1993

Legal Domicile

Principal Officer

OSCAR DE LA TORRE

Phone

9164477018

Tax Period

2024-01-01 to 2024-12-31

Northern California Laborers Scholarship Foundation, founded in 1993, is a small nonprofit in the Education sector that reported $499K in total revenue in fiscal year 2024. Expenses of $677K exceeded revenue, resulting in a 36% operating deficit.

Mission

PROVIDE EDUCATIONAL SCHOLARSHIPS TO CHILDREN OF AFFILIATED UNION MEMBERS.

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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 $493,744

Program Service Revenue $0

Investment Income $0

Other Revenue $5,000

TOTAL REVENUE $498,744

Expense Breakdown

Grants Paid $666,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $674,926

Other Expenses $10,955

TOTAL EXPENSES $676,955

Year-over-Year Comparison

	2024	2023	Change
Revenue	$498,744	$490,904	+0.0%
Expenses	$676,955	$8,328	+80.3%
Net Income	$-178,211	$482,576	-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

N/A

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

$1,291,219

Total Directors

$1,291,219

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
OSCAR DE LA TORRE	CHAIRMAN	2.0	Officer Director	$0	$222,728	$667,172
DAVID THOMAS	PRESIDENT	2.0	Officer Director	$0	$149,680	$422,184
DAVID GORGAS	BUSINESS MANAGER	2.0	Officer Director	$0	$11,612	$201,863
JOSEPH CRUZ	DIRECTOR	2.0	Officer	$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	$498,744	$676,955	$629,838	$-178,211
2023	$490,904	$8,328	$808,049	$482,576
2022	$478,872	$449,795	$325,473	$29,077
2021	$400,342	$727,736	$310,496	$-327,394
2020	$342,641	$11,952	$637,890	$330,689
2019	$342,274	$450,103	$307,201	$-107,829
2018	$291,696	$155,519	$415,030	$136,177

Northern California Laborers Scholarship Foundation