Employment
(J220)
990 on File
LABORERS TRAINING AND RE-TRAINING TRUST FUND FOR SOUTHERN CALIFORNIA
Financial strength (30%)
85/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$26.8M
Total Revenue
$23.1M
Total Expenses
$51.0M
Net Assets
94
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
95.0%
Fundraising Efficiency
N/A
Operating Reserve
26.49x
Liability-to-Asset
3.1%
Revenue Diversification
94.8%
Compared with Peers
FY 2024
Compared with 234 similar organizations
(United States, Employment, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
95.0% | 87.7% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.0% | 11.3% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
26.5 mo | 7.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.1% | 29.9% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.8% | 91.2% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
10.0% | 6.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
2.8% | 6.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
14.0% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $26.8M | $23.1M | $51.0M | 95.0% | 94 |
| 2023 | $24.4M | $22.5M | $46.7M | 95.6% | 100 |
| 2022 | $21.6M | $23.1M | $43.7M | 100.0% | 101 |
| 2021 | $23.2M | $21.2M | N/A | — | 93 |
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