LABORERS BUILDING INDUSTRY STABILIZATION (EIN 686057668) - 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

1989

Legal Domicile

Phone

9259300353

Tax Period

2023-01-01 to 2023-12-31

LABORERS BUILDING INDUSTRY STABILIZATION, founded in 1989, is a small nonprofit that reported $636K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $271K, a strong 43% operating margin.

Mission

THE LABORERS BUILDING INDUSTRY STABILIZATION TRUST FUND IS SET UP AS AN AREA AND INDUSTRY WIDE LABOR MANAGEMENT CO-OPERATION COMMITTEE AS PROVIDED FOR BY SECTIONS 302 (C) (9) OF THE TAFT HARTLEY ACT 29 U.S.C. SECTION 106 (C) (9) IT'S EXEMPT PURPOSE IS LABOR RELATIONS, AND THE IMPLEMENTATION OF THE PROVISIONS OF SECTION 9B OF THE LABORERS MASTER AGREEMENT OF NORTHERN CALIFORNIA.SINCE AUGUST 2006 THIS HAS BEEN MODIFIED TO INCLUDE FUNDS COLLECTED FOR THE LABORERS WORK PRESERVATION COMMITTEE TO PROVIDE THAT SUCH FUNDS COLLECTED SHALL BE USED TO ENHANCE BUILDER COMPETITIVENESS AND PRESERVE WORK OPPORTUNITIES FOR EMPLOYEES AND INDIVIDUAL EMPLOYERS COVERED BY THE AGREEMENT.

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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 $577,472

Investment Income $58,768

Other Revenue $0

TOTAL REVENUE $636,240

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $365,084

TOTAL EXPENSES $365,084

Year-over-Year Comparison

	2023	2022	Change
Revenue	$636,240	$483,046	+0.3%
Expenses	$365,084	$363,692	+0.0%
Net Income	$271,156	$119,354	+1.3%

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
OSCAR DE LA TORRE	Chairman	1.00	Director	$0	$0	$0
RAMON HERNANDEZ	Trustee	1.00	Director	$0	$0	$0
MICHAEL WALTON	Secretary/Ttee	5.00	Officer Director	$0	$0	$0
LARRY NIBBI	TRUSTEE	1.00	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	$636,240	$365,084	$4,013,963	$271,156
2022	$483,046	$363,692	$3,742,807	$119,354
2021	$474,725	$351,718	$3,621,913	$123,007
2020	$563,554	$339,006	$3,498,906	$224,548
2019	$609,457	$372,869	$3,274,358	$236,588
2018	$584,086	$356,276	$3,037,770	$227,810

LABORERS BUILDING INDUSTRY STABILIZATION