Laborers Local 1298 Joint Apprenticeship & Training Tr Fund
Only null% goes to programs Strong reserves
Laborers Local 1298 Joint Apprenticeship & Training Tr Fund is a 501(c)(3) organization based in Hempstead, New York, registered in 1997, with $1,662,910 in FY2023 revenue. CharityIndex grades it C+.
681 Fulton Ave, Hempstead, NY, 11550 EIN 11-6472322 Since 1997
Revenue (FY2023)
$1.7M
▲ 0.9% vs prior year
Education median: $200K
Expenses (FY2023)
$1.7M
Net assets
$3.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Laborers Local 1298 Joint Apprenticeship & Training Tr Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating27 mo reserves · -4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Laborers Local 1298 Joint Apprenticeship & Training Tr Fund: 27 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Laborers Local 1298 Joint Apprenticeship & Training Tr Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Laborers Local 1298 Joint Apprenticeship & Training Tr Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 681 Fulton Ave, Hempstead, NY, 11550
- City
- Hempstead
- State
- New York
- Category
- Education
- Subcategory
- Vocational & Technical Schools
Financial trends
Revenue grew from $1.1M (FY2013) to $1.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $7,135Net assets $3.9M
Operating margin
-3.8%
Spent more than it raised in the latest fiscal year.
Total assets
$3.9M
Total liabilities
$7,135
Net assets
$3.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,662,910▲0.9% | $1,726,222▼1.3% | $3,921,312▼1.6% | $3,928,447▼1.6% | 990 |
| 2022 | $1,648,206▲4.8% | $1,748,492▲5.5% | $3,984,624▼2.5% | $3,991,097▼2.5% | 990 |
| 2021 | $1,573,391▲2.5% | $1,656,948▲1.6% | $4,084,910▼2.0% | $4,091,660▼2.0% | 990 |
| 2020 | $1,535,104▼2.1% | $1,631,625▲4.5% | $4,168,467▼2.3% | $4,177,141▼2.2% | 990 |
| 2019 | $1,567,722▲6.2% | $1,561,502▲2.3% | $4,264,988▲0.1% | $4,272,267▲0.1% | 990 |
| 2018 | $1,475,682▲6.1% | $1,527,128▲20.2% | $4,258,768▼1.2% | $4,269,186▼2.4% | 990 |
| 2017 | $1,390,398▲8.0% | $1,270,361▲3.1% | $4,310,214▲2.9% | $4,373,627▲4.3% | 990 |
| 2016 | $1,287,157▼1.8% | $1,231,684▲3.3% | $4,190,177▲1.3% | $4,194,402▲1.3% | 990 |
| 2015 | $1,310,560▲8.3% | $1,192,181▲3.7% | $4,134,704▲2.9% | $4,140,922▲2.9% | 990 |
| 2014 | $1,209,973▲7.7% | $1,149,276▲3.0% | $4,016,325▲1.5% | $4,026,055▲1.5% | 990 |
| 2013 | $1,123,675 | $1,115,376▲5.5% | $3,955,628▲0.2% | $3,967,851▲0.1% | 990 |
| 2012 | — | $1,057,531▲3.5% | $3,947,329▲1.7% | $3,963,731▲1.9% | 990 |
| 2011 | — | $1,021,914▼3.1% | $3,882,837▲4.4% | $3,889,089▲4.3% | 990 |
| 2010 | — | $1,054,278 | $3,718,979 | $3,730,065 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Compare Laborers Local 1298 Joint Apprenticeship & Training Tr Fund
Frequently asked questions
- Is Laborers Local 1298 Joint Apprenticeship & Training Tr Fund a legitimate nonprofit?
- Yes. Laborers Local 1298 Joint Apprenticeship & Training Tr Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-6472322, based in Hempstead, New York. Donations are tax-deductible.
- What is Laborers Local 1298 Joint Apprenticeship & Training Tr Fund's EIN?
- Laborers Local 1298 Joint Apprenticeship & Training Tr Fund's Employer Identification Number (EIN) is 11-6472322.
- How much revenue does Laborers Local 1298 Joint Apprenticeship & Training Tr Fund report?
- Laborers Local 1298 Joint Apprenticeship & Training Tr Fund reported $1,662,910 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Laborers Local 1298 Joint Apprenticeship & Training Tr Fund have?
- CharityIndex grades Laborers Local 1298 Joint Apprenticeship & Training Tr Fund C+, based on financial health (reserves and operating margin).
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Data for Laborers Local 1298 Joint Apprenticeship & Training Tr Fund (EIN 11-6472322) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.