Civic Intelligence

Liuna Local 731 Training Fund

990 • Fiscal year 2017 • EIN 13-3900715

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 18, 2018

34-11 35th AvenueAstoria, NY 11106

(718) 752-9860

Siviq Scores

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

Liabilities / Assets

13th percentile

0.01x

Higher debt load relative to assets than 13% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

12th percentile

0.03x

Higher debt load relative to revenue than 12% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

90th percentile

46%

Higher net margin than 90% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

90th percentile

$465,996

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

59th percentile

7.2%

Faster asset growth than 59% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

83rd percentile

34%

Faster revenue growth than 83% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$20,919,462

Up $1,401,181 (+7.2%) from 2016

Net Assets

Up

$20,750,442

Up $2,941,562 (+17%) from 2016

Liabilities

Down

$169,020

Down $1,540,381 (-90%) from 2016

Revenue

Up

$5,726,273

Up $1,445,951 (+34%) from 2016

Expenses

Down

$3,069,914

Down $1,520,281 (-33%) from 2016

Net Income

Up

$2,656,359

Up $2,966,232 (+957%) from 2016

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $12,323,152Liabilities 2010: $78,917Net Assets 2010: $12,244,2352010Assets 2011: $14,215,200Liabilities 2011: $48,092Net Assets 2011: $14,167,1082011Assets 2012: $16,331,986Liabilities 2012: $92,870Net Assets 2012: $16,239,1162012Assets 2013: $16,739,494Liabilities 2013: $96,224Net Assets 2013: $16,643,2702013Assets 2014: $17,761,411Liabilities 2014: $109,414Net Assets 2014: $17,651,9972014Assets 2015: $18,304,653Liabilities 2015: $792,373Net Assets 2015: $17,512,2802015Assets 2016: $19,518,281Liabilities 2016: $1,709,401Net Assets 2016: $17,808,8802016Assets 2017: $20,919,462Liabilities 2017: $169,020Net Assets 2017: $20,750,4422017Assets 2018: $23,688,658Liabilities 2018: $294,105Net Assets 2018: $23,394,5532018Assets 2019: $29,159,291Liabilities 2019: $311,670Net Assets 2019: $28,847,6212019Assets 2020: $33,215,001Liabilities 2020: $453,121Net Assets 2020: $32,761,8802020Assets 2021: $35,207,464Liabilities 2021: $35,685Net Assets 2021: $35,171,7792021Assets 2022: $34,235,772Liabilities 2022: $629,488Net Assets 2022: $33,606,2842022Assets 2023: $38,521,411Liabilities 2023: $2,044,632Net Assets 2023: $36,476,7792023Assets 2024: $40,503,312Liabilities 2024: $685,510Net Assets 2024: $39,817,8022024

Highlighted filing

2017

Assets$20,919,462
Liabilities$169,020
Net Assets$20,750,442

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $2,495,9212010Expenses 2011: $2,496,0332011Expenses 2012: $2,603,6912012Revenue 2013: $4,088,240Expenses 2013: $2,979,404Net Income 2013: $1,108,8362013Revenue 2014: $4,126,673Expenses 2014: $2,707,957Net Income 2014: $1,418,7162014Revenue 2015: $4,431,637Expenses 2015: $3,717,743Net Income 2015: $713,8942015Revenue 2016: $4,280,322Expenses 2016: $4,590,195Net Income 2016: -$309,8732016Revenue 2017: $5,726,273Expenses 2017: $3,069,914Net Income 2017: $2,656,3592017Revenue 2018: $6,933,689Expenses 2018: $3,542,957Net Income 2018: $3,390,7322018Revenue 2019: $7,807,516Expenses 2019: $4,660,763Net Income 2019: $3,146,7532019Revenue 2020: $8,001,596Expenses 2020: $4,243,518Net Income 2020: $3,758,0782020Revenue 2021: $6,900,469Expenses 2021: $5,073,731Net Income 2021: $1,826,7382021Revenue 2022: $6,806,306Expenses 2022: $5,335,072Net Income 2022: $1,471,2342022Revenue 2023: $7,462,554Expenses 2023: $6,004,717Net Income 2023: $1,457,8372023Revenue 2024: $8,083,578Expenses 2024: $5,390,795Net Income 2024: $2,692,7832024

Highlighted filing

2017

Revenue$5,726,273
Expenses$3,069,914
Net Income$2,656,359
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 18, 2018
Return Version
2017v2.3
Gross Receipts
$11,176,610
Mission and Program Overview

Mission

Collectively bargained multi-employer training fund provides training, retraining & education benefits on behalf of employees of contributing employers & dependents of such employees

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$17,808,880$20,750,442▲ $2,941,562
Investments in Publicly Traded Securities$14,881,288$16,068,358▲ $1,187,070
Savings and Temporary Cash Investments$3,708,952$3,662,996▼ $45,956
Accounts Receivable$619,902$907,779▲ $287,877
Land, Buildings, and Equipment, Net$108,535$75,717▼ $32,818
Total Assets$19,518,281$20,919,462▲ $1,401,181
Other Assets Total$199,604$204,612▲ $5,008
Liabilities
Accounts Payable and Accrued Expenses$1,659,131$116,908▼ $1,542,223
Other Liabilities$50,270$52,112▲ $1,842
Total Liabilities$1,709,401$169,020▼ $1,540,381
Net Assets / Fund Balance
Total Net Assets Fund Balance$17,808,880$20,750,442▲ $2,941,562
Total Liabilities and Net Assets / Fund Balance$19,518,281$20,919,462▲ $1,401,181

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$75,717$551,065$626,782
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSEPH D'AMATOBus MngrFT$202,493$83,802$284,872
Michael TruscelloTraining COOFT$203,794$81,078$284,872
Frank BiacanielloTrusteeFT$178,519$82,686$261,205
James NethawayAdministrato-$180,127$81,078$261,205
Michael TruscelloTraining Coordinator-$139,080$82,549$221,629
James NethawayAdministrator-$136,504$80,661$217,165
Brian FalcoInstructor-$133,702$81,078$216,203

Board Members and Trustees

NameTitle
Denise RichardsonTrustee
Mark RosenEmplr Trstee
Jose CambeiroInstructor
Vincent OmbresInstructor
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,376,665
Investment Income
$311,811
Other Revenue
$37,797
Change in Net Assets
$2,656,359

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,726,273
Revenue Not Reported on Form 990
$285,203
Total Revenue per Audited Statements
$6,011,476
Total Revenue per Form 990
$5,726,273
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,554,603
Other Expenses$1,230,311
Grants and Similar Amounts Paid$285,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$954,883--$954,883
Occupancy$504,960--$504,960
Other Employee Benefits$337,418--$337,418
Grants to Domestic Individuals$285,000--$285,000
Pension Plan Contributions$198,791--$198,791
Fees for Services Legal$78,000--$78,000
Payroll Taxes$63,511--$63,511
Insurance$51,988--$51,988
Office Expenses$41,968--$41,968
Depreciation Depletion$37,133--$37,133
Fees for Services Accounting$26,752--$26,752
Information Technology$17,343--$17,343
Travel$17,119--$17,119
Fees for Services Other$12,252--$12,252
Other Expenses$6,190--$6,190
All Other Expenses$743--$743
Total Functional Expenses$3,069,914$0$0$3,069,914

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,069,914
Total Expenses per Audited Statements$3,069,914
Total Expenses per Form 990$3,069,914
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Funds$52,112
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Joseph d'amato anthony d'amato bus mngr training dir family relationship

Form 990, Page 6, Part VI, Line 11B

Form 990 was reviewed by the governing body & discussed with the accountant

Form 990, Page 6, Part VI, Line 15A

Compensation is approved by the board of trustees

Form 990, Page 6, Part VI, Line 15B

Compensation is approved by the board of trustees

Form 990, Page 6, Part VI, Line 19

Organization makes its governing documents and financial statements available to the public upon request

Filing and Contact Details

Filer

Filer Name
Liuna Local 731 Training Fund
EIN
13-3900715
Phone
7187529860
Address
34-11 35TH AVENUE, ASTORIA, NY 11106

Signing Officer

Name
Frank Biacaniello
Title
Trustee
Phone
7187529860
Signed
2018-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Biacaniello
Formed
1996
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
7

Preparer

Firm
Castiglia Llp
Address
66 COMMACK ROAD SUITE 304, COMMACK, NY 11725
Preparer
Robert V Castiglia CPA
Phone
6314867830
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Collectively bargained multi-employer training fund to provide training,re-training and education benefits on behalf of employees of contributing employers & dependents of such employees

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOSEPH D'AMATO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1FRANK BIACANIELLO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2MICHAEL TRUSCELLO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3JAMES NETHAWAY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4BRIAN FALCO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm5VINCENT OMBRES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm6JOSE CAMBEIRO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0BUS MNGR
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2TRAINING COORDINATOR
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4INSTRUCTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt5INSTRUCTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt6INSTRUCTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COLLECTIVELY BARGAINED MULTI-EMPLOYER TRAINING FUND TO PROVIDE TRAINING,RE-TRAINING AND EDUCATION BENEFITS ON BEHALF OF EMPLOYEES OF CONTRIBUTING EMPLOYERS & DEPENDENTS OF SUCH EMPLOYEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JOSEPH D'AMATO ANTHONY D'AMATO BUS MNGR TRAINING DIR FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 WAS REVIEWED BY THE GOVERNING BODY & DISCUSSED WITH THE ACCOUNTANT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS APPROVED BY THE BOARD OF TRUSTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION IS APPROVED BY THE BOARD OF TRUSTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.5$0.69$39.8$8.08$5.39$2.69
2023Detailed filing. Detailed filing data is available for this year.$38.5$2.04$36.5$7.46$6.00$1.46
2022Detailed filing. Detailed filing data is available for this year.$34.2$0.63$33.6$6.81$5.34$1.47
2021Detailed filing. Detailed filing data is available for this year.$35.2$0.04$35.2$6.90$5.07$1.83
2020Detailed filing. Detailed filing data is available for this year.$33.2$0.45$32.8$8.00$4.24$3.76
2019Detailed filing. Detailed filing data is available for this year.$29.2$0.31$28.8$7.81$4.66$3.15
2018Detailed filing. Detailed filing data is available for this year.$23.7$0.29$23.4$6.93$3.54$3.39
2017Detailed filing. Detailed filing data is available for this year.$20.9$0.17$20.8$5.73$3.07$2.66
2016Detailed filing. Detailed filing data is available for this year.$19.5$1.71$17.8$4.28$4.59$0.31
2015Detailed filing. Detailed filing data is available for this year.$18.3$0.79$17.5$4.43$3.72$0.71
2014Detailed filing. Detailed filing data is available for this year.$17.8$0.11$17.7$4.13$2.71$1.42
2013Detailed filing. Detailed filing data is available for this year.$16.7$0.10$16.6$4.09$2.98$1.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.3$0.09$16.2$2.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$0.05$14.2$2.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.3$0.08$12.2$2.50