Local 251 Training Fund

990EZ • Fiscal year 2013 • EIN 05-0516080

Apr 01, 2012 to Mar 31, 2013 • Filed on Aug 01, 2013

Organization Profile N/A

1201 Elmwood AvenueProvidence, RI 02907

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.06x

Higher debt load relative to assets than 72% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

0.13x

Higher debt load relative to revenue than 83% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

-115%

Higher net margin than 4% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

No value available

This filing does not contain officer compensation rows.

Source year 2013

-36%

Faster asset growth than 12% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet

Liabilities / Assets72nd percentile

Assets

Down

$316,432

Down $180,548 (-36%) from 2012

Net Assets

Down

$297,197

Down $172,422 (-37%) from 2012

Liabilities

Down

$19,235

Down $8,126 (-30%) from 2012

Revenue And Expenses

Liabilities / Revenue83rd percentile Net Margin4th percentile

Revenue

$150,251

No earlier filing loaded for comparison.

Expenses

Down

$322,673

Down $98,751 (-23%) from 2012

Net Income

-$172,422

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2013

Assets$316,432

Liabilities$19,235

Net Assets$297,197

Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2013

Revenue$150,251

Expenses$322,673

Net Income-$172,422

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Apr 1, 2012 to Mar 31, 2013
Signed: Aug 1, 2013
Return Version: 2012v2.0

Mission and Program Overview

Mission

Train and educate individuals in specialized skills to qualify for employment.

Filing and Contact Details

Filer

EIN: 05-0516080

Raw XML Appendix168 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/CashSavingsAndInvestments/BOY	0	403964
IRS990EZ/CashSavingsAndInvestments/EOY	0	274799
IRS990EZ/CostOfGoodsSold	0	0
IRS990EZ/CostOtherBasisAndSalesExpenses	0	0
IRS990EZ/DidOrgFileForm1120POLThisYear	0	false
IRS990EZ/DoesOrgHaveHospital	0	false
IRS990EZ/EngagedInExcessBenefitTrans	0	false
IRS990EZ/EngageInLobbyingActivities	0	false
IRS990EZ/EngagePoliticalCmpgnActivities	0	false
IRS990EZ/ExcessOrDeficitForYear	0	-172422
IRS990EZ/FeesAndOthPymtToIndContractors	0	11700
IRS990EZ/FiledScheduleA	0	true
IRS990EZ/ForeignFinancialAccount	0	false
IRS990EZ/ForeignOffice	0	false
IRS990EZ/Form720Filed	0	false
IRS990EZ/FundraisingGrossIncome	0	0
IRS990EZ/GrossReceipts	0	150251
IRS990EZ/GrossReceiptsForPublicUse	0	0
IRS990EZ/InfoInScheduleOPartI	0	X
IRS990EZ/InfoInScheduleOPartII	0	X
IRS990EZ/InfoInScheduleOPartV	0	X
IRS990EZ/InitiationFeesAndCapitalContri	0	0
IRS990EZ/InvestmentIncome	0	1781
IRS990EZ/MadeChangesToOrgnzngEtcDoc	0	false
IRS990EZ/MadeLoansToFromOfficers	0	false
IRS990EZ/MaintainAnyDonorAdvisedFunds	0	false
IRS990EZ/MethodOfAccountingAccrual	0	X
IRS990EZ/NetAssetsOrFundBalances/BOY	0	469619
IRS990EZ/NetAssetsOrFundBalancesBOY	0	469619
IRS990EZ/NetAssetsOrFundBalances/EOY	0	297197
IRS990EZ/NetAssetsOrFundBalancesEOY	0	297197
IRS990EZ/OccupancyRentUtilitiesAndMaint	0	36000
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	Kevin Reddy
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	1	Michael Gammino
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	Trustee
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	Trustee
IRS990EZ/OperatingSchool	0	true
IRS990EZ/Organization501c3	0	X
IRS990EZ/OrganizationDissolvedEtc	0	false
IRS990EZ/OrganizationFiled990T	0	false
IRS990EZ/OrganizationHadUBI	0	false
IRS990EZ/OtherAssetsTotal/BOY	0	93016
IRS990EZ/OtherAssetsTotal/EOY	0	41633
IRS990EZ/OtherExpensesTotal	0	274973
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	Train and educate individuals in specialized skills to qualify for employment.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	To train and educate its members and unemployed individuals of the states of RI and MA in specialized skills to enable them to qualify for employment opportunities.
IRS990EZ/ProgramServiceRevenue	0	148470
IRS990EZ/ProhibitedTaxShelterTrans	0	false
IRS990EZ/RelatedOrgControlledEntity	0	false
IRS990EZ/RelatedOrgSection527Org	0	false
IRS990EZ/ScheduleBNotRequired	0	X
IRS990EZ/SpecialEventsDirectExpenses	0	0
IRS990EZ/SubjectToProxyTax	0	false
IRS990EZ/SumOfTotalLiabilities/BOY	0	27361
IRS990EZ/SumOfTotalLiabilities/EOY	0	19235
IRS990EZ/TanningServicesProvided	0	false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	1201 Elmwood Avenue
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	Providence
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	RI
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	02907
IRS990EZ/TheBooksAreInCareOf/NamePerson	0	Kevin Reddy
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	4014673323
IRS990EZ/TotalAssets/BOY	0	496980
IRS990EZ/TotalAssets/EOY	0	316432
IRS990EZ/TotalExpenses	0	322673
IRS990EZ/TotalRevenue	0	150251
IRS990EZ/TransactionWithControlEntity	0	false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	false
IRS990EZ/WebSite	0	N/A
IRS990ScheduleA/School170b1Aii	0	X
IRS990ScheduleE/ComplianceWithRevProc7550	0	true
IRS990ScheduleE/DiscriminateRaceAdmissPolicies	0	false
IRS990ScheduleE/DiscriminateRaceAthleticProg	0	false
IRS990ScheduleE/DiscriminateRaceEducPolicies	0	false
IRS990ScheduleE/DiscriminateRaceEmplmnFaculty	0	false
IRS990ScheduleE/DiscriminateRaceOtherActy	0	false
IRS990ScheduleE/DiscriminateRaceScholarships	0	false
IRS990ScheduleE/DiscriminateRaceStudentsRights	0	false
IRS990ScheduleE/DiscriminateRaceUseOfFclts	0	false
IRS990ScheduleE/GovernmentFinancialAidReceived	0	true
IRS990ScheduleE/GovernmentFinancialAidRevoked	0	false
IRS990ScheduleE/MaintCopiesOfAllSolicitations	0	false
IRS990ScheduleE/MaintCopiesOfBrochuresEtc	0	true
IRS990ScheduleE/MaintRacialCompositionRecords	0	false
IRS990ScheduleE/MaintScholarshipsRecords	0	false
IRS990ScheduleE/NondiscriminatoryPolicyStmt	0	true
IRS990ScheduleE/PolicyPublViaBroadcastMedia	0	true
IRS990ScheduleE/PolicyStatementInBrochuresEtc	0	true
IRS990ScheduleO/GeneralExplanation/Explanation	0	Accounts Payable and Accrued Expenses - Beginning $27361 Accounts Payable and Accrued Expenses - Ending $19235
IRS990ScheduleO/GeneralExplanation/Explanation	1	Prepaid insurance - Beginning $18714 Prepaid insurance - Ending $15405
IRS990ScheduleO/GeneralExplanation/Explanation	2	Accounts Receivable - Beginning $49455 Accounts Receivable - Ending $5302
IRS990ScheduleO/GeneralExplanation/Explanation	3	Furniture and Fixtures - Beginning $682 Furniture and Fixtures - Ending $587
IRS990ScheduleO/GeneralExplanation/Explanation	4	Automobiles - Beginning $24165 Automobiles - Ending $20339
IRS990ScheduleO/GeneralExplanation/Explanation	5	Insurance-workers compensation $426
IRS990ScheduleO/GeneralExplanation/Explanation	6	Insurance-fiduciary $1500
IRS990ScheduleO/GeneralExplanation/Explanation	7	Drug testing/phys fees $2850
IRS990ScheduleO/GeneralExplanation/Explanation	8	Initiation fees $12000
IRS990ScheduleO/GeneralExplanation/Explanation	9	Vehicles expense-other $17175
IRS990ScheduleO/GeneralExplanation/Explanation	10	Vehicles expense-maintenance $21710
IRS990ScheduleO/GeneralExplanation/Explanation	11	Insurance-vehicles $27338
IRS990ScheduleO/GeneralExplanation/Explanation	12	Instructor fees $162152
IRS990ScheduleO/GeneralExplanation/Explanation	13	Depreciation $7871
IRS990ScheduleO/GeneralExplanation/Explanation	14	Office Expenses $7951
IRS990ScheduleO/GeneralExplanation/Explanation	15	Advertising and Promotion $14000
IRS990ScheduleO/GeneralExplanation/Identifier	0	Form 990-EZ, Part II, Line 26.1001
IRS990ScheduleO/GeneralExplanation/Identifier	1	Form 990-EZ, Part II, Line 24.1
IRS990ScheduleO/GeneralExplanation/Identifier	2	Form 990-EZ, Part II, Line 24.1005
IRS990ScheduleO/GeneralExplanation/Identifier	3	Form 990-EZ, Part II, Line 24.1002
IRS990ScheduleO/GeneralExplanation/Identifier	4	Form 990-EZ, Part II, Line 24.1001
IRS990ScheduleO/GeneralExplanation/Identifier	5	Form 990-EZ, Part I, Line 16.8
IRS990ScheduleO/GeneralExplanation/Identifier	6	Form 990-EZ, Part I, Line 16.7
IRS990ScheduleO/GeneralExplanation/Identifier	7	Form 990-EZ, Part I, Line 16.6
IRS990ScheduleO/GeneralExplanation/Identifier	8	Form 990-EZ, Part I, Line 16.5
IRS990ScheduleO/GeneralExplanation/Identifier	9	Form 990-EZ, Part I, Line 16.4
IRS990ScheduleO/GeneralExplanation/Identifier	10	Form 990-EZ, Part I, Line 16.3
IRS990ScheduleO/GeneralExplanation/Identifier	11	Form 990-EZ, Part I, Line 16.2
IRS990ScheduleO/GeneralExplanation/Identifier	12	Form 990-EZ, Part I, Line 16.1
IRS990ScheduleO/GeneralExplanation/Identifier	13	Form 990-EZ, Part I, Line 16.1009
IRS990ScheduleO/GeneralExplanation/Identifier	14	Form 990-EZ, Part I, Line 16.1002
IRS990ScheduleO/GeneralExplanation/Identifier	15	Form 990-EZ, Part I, Line 16.1001
IRS990ScheduleO/GeneralExplanation/ReturnReference	0	Total Liabilities.1001
IRS990ScheduleO/GeneralExplanation/ReturnReference	1	Other Assets.1
IRS990ScheduleO/GeneralExplanation/ReturnReference	2	Other Assets.1005
IRS990ScheduleO/GeneralExplanation/ReturnReference	3	Other Assets.1002
IRS990ScheduleO/GeneralExplanation/ReturnReference	4	Other Assets.1001
IRS990ScheduleO/GeneralExplanation/ReturnReference	5	Other Expenses.8
IRS990ScheduleO/GeneralExplanation/ReturnReference	6	Other Expenses.7
IRS990ScheduleO/GeneralExplanation/ReturnReference	7	Other Expenses.6
IRS990ScheduleO/GeneralExplanation/ReturnReference	8	Other Expenses.5
IRS990ScheduleO/GeneralExplanation/ReturnReference	9	Other Expenses.4
IRS990ScheduleO/GeneralExplanation/ReturnReference	10	Other Expenses.3
IRS990ScheduleO/GeneralExplanation/ReturnReference	11	Other Expenses.2
IRS990ScheduleO/GeneralExplanation/ReturnReference	12	Other Expenses.1
IRS990ScheduleO/GeneralExplanation/ReturnReference	13	Other Expenses.1009
IRS990ScheduleO/GeneralExplanation/ReturnReference	14	Other Expenses.1002
IRS990ScheduleO/GeneralExplanation/ReturnReference	15	Other Expenses.1001
ReturnHeader/BuildTS	0	2016-02-24 21:20:13Z
ReturnHeader/Filer/EIN	0	050516080
ReturnHeader/Filer/Name/BusinessNameLine1	0	Local 251 Training Fund
ReturnHeader/Filer/NameControl	0	LOCA
ReturnHeader/Filer/Phone	0	4014673323
ReturnHeader/Filer/USAddress/AddressLine1	0	1201 Elmwood Avenue
ReturnHeader/Filer/USAddress/City	0	Providence
ReturnHeader/Filer/USAddress/State	0	RI
ReturnHeader/Filer/USAddress/ZIPCode	0	02907
ReturnHeader/Officer/AuthorizeThirdParty	0	true
ReturnHeader/Officer/DateSigned	0	2013-08-01
ReturnHeader/Officer/Name	0	Kevin Reddy
ReturnHeader/Officer/Title	0	Trustee
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	Ward Fisher & Company LLP
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	250C Centerville Road
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	Warwick
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	RI
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	028864353
ReturnHeader/Preparer/Name	0	Robert D Giudici
ReturnHeader/Preparer/Phone	0	4013846464
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2012-04-01
ReturnHeader/TaxPeriodEndDate	0	2013-03-31
ReturnHeader/TaxYear	0	2012
ReturnHeader/Timestamp	0	2013-08-05T06:32:33-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $316,432
Liabilities: $19,235
Net assets: $297,197
Revenue: $150,251
Expenses: $322,673
Net income: -$172,422

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$2.95	$0.34	$2.61	$5.60	$6.27	$0.67
2024Detailed filing. Detailed filing data is available for this year.	$3.86	$0.58	$3.27	$5.36	$6.59	$1.23
2023Detailed filing. Detailed filing data is available for this year.	$4.99	$0.48	$4.51	$7.47	$5.50	$1.97
2022Detailed filing. Detailed filing data is available for this year.	$2.88	$0.34	$2.54	$5.07	$4.64	$0.43
2021Detailed filing. Detailed filing data is available for this year.	$2.78	$0.68	$2.10	$2.99	$3.86	$0.86
2020Detailed filing. Detailed filing data is available for this year.	$3.23	$0.26	$2.96	$5.28	$4.05	$1.23
2019Detailed filing. Detailed filing data is available for this year.	$2.43	$0.70	$1.73	$4.47	$3.63	$0.84
2018Detailed filing. Detailed filing data is available for this year.	$1.72	$0.82	$0.89	$2.40	$3.40	$1.00
2017Detailed filing. Detailed filing data is available for this year.	$2.10	$0.20	$1.89	$1.99	$3.05	$1.06
2016Detailed filing. Detailed filing data is available for this year.	$3.25	$0.30	$2.95	$2.71	$2.97	$0.26
2015Detailed filing. Detailed filing data is available for this year.	$3.29	$0.08	$3.21	$3.49	$2.21	$1.27
2014Detailed filing. Detailed filing data is available for this year.	$2.01	$0.08	$1.94	$1.13	$2.17	$1.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.16	$0.19	$2.97	$1.50	$3.23	$1.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.97	$0.27	$4.70		$4.21