LABORERS EMPLOYERS COOPERATION AND… - Form 990 Financial Data

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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

1999

Legal Domicile

Principal Officer

ERNESTO ORDONEZ

Phone

9166045585

Tax Period

2024-01-01 to 2024-12-31

LABORERS EMPLOYERS COOPERATION AND EDUC TRUST SW, founded in 1999, is a community nonprofit in the Youth Development sector that reported $2.8M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $690K, a strong 25% operating margin.

Mission

EDUCATE THE BUILDING AND CONSTRUCTION INDUSTRY, FOSTER INDUSTRY PROMOTIONS, TRAIN LABORERS IN THE INDUSTRY, PROMOTE HEALTH AND SAFETY.

Program Service Accomplishments

Program 1

Expenses: $1,326,711

EDUCATE THE BUILDING AND CONSTRUCTION INDUSTRY, FOSTER INDUSTRY PROMOTIONS, TRAIN LABORERS IN THE INDUSTRY, PROMOTE HEALTH AND SAFETY.

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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 $2,469,266

Investment Income $151,444

Other Revenue $141,352

TOTAL REVENUE $2,762,062

Expense Breakdown

Grants Paid $0

Salaries & Benefits $685,437

Fundraising Expenses $0

Program Expenses $1,326,711

Other Expenses $1,386,548

TOTAL EXPENSES $2,071,985

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,762,062	$2,393,610	+0.2%
Expenses	$2,071,985	$1,835,450	+0.1%
Net Income	$690,077	$558,160	+0.2%

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

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

$185,705

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK BAKER	EXECUTIVE DIRECTOR	40.00	Director	$185,705	$0	$185,705
RYAN AUKERMAN	TRUSTEE	5.00	Director	$0	$0	$0
OSCAR DE LA TORRE	TRUSTEE	5.00	Director	$0	$0	$0
MIKE RODRIGUEZ	TRUSTEE	5.00	Director	$0	$0	$0
TOM HOLSMAN	TRUSTEE	5.00	Director	$0	$0	$0
STEVE CLARK	TRUSTEE	5.00	Director	$0	$0	$0
JON PRECIADO	TRUSTEE	5.00	Director	$0	$0	$0
DAVE THOMAS	TRUSTEE	5.00	Director	$0	$0	$0
PETER SANTILLAN	TRUSTEE	5.00	Director	$0	$0	$0
JOHN COOPER	TRUSTEE	5.00	Director	$0	$0	$0
ERNESTO ORDONEZ	TRUSTEE - CHAIR	40.00	Officer 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	$2,762,062	$2,071,985	$8,496,619	$690,077
2023	$2,393,610	$1,835,450	$7,807,267	$558,160
2022	$2,191,065	$1,546,684	$7,248,256	$644,381
2021	$2,289,638	$1,197,568	$6,603,812	$1,092,070
2020	$2,282,228	$1,426,492	$5,511,925	$855,736
2019	$2,451,905	$1,529,557	$4,655,669	$922,348

LABORERS EMPLOYERS COOPERATION AND EDUC TRUST SW