LABORERS TRAINING AND RETRAINING TRUST FUND FOR NORTHERN CALIFORNIA (EIN 941688279) - 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

1968

Legal Domicile

Principal Officer

OSCAR DE LA TORRE

Phone

7078642800

Tax Period

2024-06-01 to 2025-05-31

LABORERS TRAINING AND RETRAINING TRUST FUND FOR NORTHERN CALIFORNIA, founded in 1968, is a mid-sized nonprofit in the Employment sector that reported $25.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $4.7M, a strong 19% operating margin.

Mission

TO PROVIDE TRAINING TO ELIGIBLE PARTICIPANTS COVERED BY THE COLLECTIVE BARGAINING AGREEMENTS BETWEEN THE UNION AND THE EMPLOYERS.

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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 $4,074,224

Program Service Revenue $18,776,742

Investment Income $2,345,749

Other Revenue $33,033

TOTAL REVENUE $25,229,748

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,968,408

Fundraising Expenses $0

Program Expenses $19,519,877

Other Expenses $12,592,135

TOTAL EXPENSES $20,560,543

Year-over-Year Comparison

	2024	2023	Change
Revenue	$25,229,748	$23,218,563	+0.1%
Expenses	$20,560,543	$22,532,390	-0.1%
Net Income	$4,669,205	$686,173	+5.8%

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

$313,187

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Leonard Gonzalez	Executive Director	40.0	Officer	$206,220	$106,967	$313,187
Ollie Hurd	Director of Training	40.0	Highest	$161,564	$94,179	$255,743
Hugo De La Torre	Director of Apprenticeship	40.0	Highest	$154,267	$94,179	$248,446
Scott G Mahar	Training Instructor	40.0	Highest	$160,636	$78,570	$239,206
Lauro Perez	Training Instructor	40.0	Highest	$139,518	$80,019	$219,537
Alfredo Munoz De La Torre	Maintenance Worker	40.0	Highest	$138,762	$72,132	$210,894
Oscar De La Torre	Chair	1.0	Officer Director	$0	$0	$0
Bill Koponen	Co-chair	1.0	Officer Director	$0	$0	$0
Carlos Bedolla	Trustee	1.0	Director	$0	$0	$0
Keith Lemoine	Trustee	1.0	Director	$0	$0	$0
Victor Parra	Trustee	1.0	Director	$0	$0	$0
Ben KERR	Trustee	1.0	Director	$0	$0	$0
Kevin Hester	Trustee	1.0	Director	$0	$0	$0
James Hammond	Trustee	1.0	Director	$0	$0	$0
Eric Streich	Trustee	1.0	Director	$0	$0	$0
Darren Leary	Trustee	1.0	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
2025	$25,229,748	$20,560,543	$60,594,348	$4,669,205
2024	$23,218,563	$22,532,390	$54,207,531	$686,173
2023	$20,850,904	$21,040,535	$52,584,998	$-189,631
2022	$24,129,613	$17,322,909	$51,972,305	$6,806,704
2021	$24,718,342	$16,479,403	$50,994,417	$8,238,939
2020	$21,170,688	$15,152,991	$42,421,412	$6,017,697
2019	$22,236,426	$15,482,495	$36,102,709	$6,753,931
2018	$20,660,430	$14,117,492	$29,491,952	$6,542,938

LABORERS TRAINING AND RETRAINING TRUST FUND FOR NORTHERN CALIFORNIA