Civic Intelligence

Southwest Laborers Training and Apprenticeship Fund

990 • Fiscal year 2016 • EIN 27-0509491

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 09, 2017

PO Box 365Springer, OK 73458

(580) 653-2123

Siviq Scores

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

Liabilities / Assets

25th percentile

0.01x

Higher debt load relative to assets than 25% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

29th percentile

0.03x

Higher debt load relative to revenue than 29% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

30th percentile

-4.3%

Higher net margin than 30% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

15th percentile

-8.2%

Faster asset growth than 15% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

18th percentile

-16%

Faster revenue growth than 18% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,925,497

Down $170,936 (-8.2%) from 2015

Net Assets

Down

$1,906,206

Down $27,649 (-1.4%) from 2015

Liabilities

Down

$19,291

Down $143,287 (-88%) from 2015

Revenue

Down

$636,427

Down $123,267 (-16%) from 2015

Expenses

Down

$664,076

Down $216,726 (-25%) from 2015

Net Income

Up

-$27,649

Up $93,459 (+77%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2014: $2,080,904Liabilities 2014: $25,941Net Assets 2014: $2,054,9632014Assets 2015: $2,096,433Liabilities 2015: $162,578Net Assets 2015: $1,933,8552015Assets 2016: $1,925,497Liabilities 2016: $19,291Net Assets 2016: $1,906,2062016Assets 2017: $1,979,528Liabilities 2017: $21,902Net Assets 2017: $1,957,6262017Assets 2018: $1,869,533Liabilities 2018: $22,002Net Assets 2018: $1,847,5312018Assets 2019: $1,909,617Liabilities 2019: $24,007Net Assets 2019: $1,885,6102019Assets 2020: $1,937,416Liabilities 2020: $14,975Net Assets 2020: $1,922,4412020Assets 2021: $1,710,918Liabilities 2021: $12,798Net Assets 2021: $1,698,1202021Assets 2022: $1,368,340Liabilities 2022: $27,221Net Assets 2022: $1,341,1192022Assets 2023: $1,192,820Liabilities 2023: $16,351Net Assets 2023: $1,176,4692023Assets 2024: $1,123,709Liabilities 2024: $18,227Net Assets 2024: $1,105,4822024

Highlighted filing

2016

Assets$1,925,497
Liabilities$19,291
Net Assets$1,906,206

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $732,596Expenses 2014: $738,867Net Income 2014: -$6,2712014Revenue 2015: $759,694Expenses 2015: $880,802Net Income 2015: -$121,1082015Revenue 2016: $636,427Expenses 2016: $664,076Net Income 2016: -$27,6492016Revenue 2017: $647,574Expenses 2017: $596,154Net Income 2017: $51,4202017Revenue 2018: $534,784Expenses 2018: $644,879Net Income 2018: -$110,0952018Revenue 2019: $688,616Expenses 2019: $650,537Net Income 2019: $38,0792019Revenue 2020: $668,407Expenses 2020: $631,576Net Income 2020: $36,8312020Revenue 2021: $390,634Expenses 2021: $614,955Net Income 2021: -$224,3212021Revenue 2022: $286,026Expenses 2022: $643,027Net Income 2022: -$357,0012022Revenue 2023: $494,637Expenses 2023: $659,287Net Income 2023: -$164,6502023Revenue 2024: $637,196Expenses 2024: $708,183Net Income 2024: -$70,9872024

Highlighted filing

2016

Revenue$636,427
Expenses$664,076
Net Income-$27,649
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 9, 2017
Return Version
2016v3.0
Gross Receipts
$1,689,059
Mission and Program Overview

Mission

To provide training and retraining or refresher training for employees and others in the skills and jobs which are beneficial to the construction industry in arkansas, oklahoma and texas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$887,948$790,205▼ $97,743
Land, Buildings, and Equipment, Net$806,314$763,437▼ $42,877
Cash and Non-Interest-Bearing Accounts$182,630$154,304▼ $28,326
Investments in Publicly Traded Securities$117,570$147,488▲ $29,918
Accounts Receivable$89,894$57,021▼ $32,873
Prepaid Expenses and Deferred Charges$6,073$7,038▲ $965
Total Assets$2,096,433$1,925,497▼ $170,936
Other Assets Total$6,004$6,004→ $0
Liabilities
Accounts Payable and Accrued Expenses$162,578$19,291▼ $143,287
Total Liabilities$162,578$19,291▼ $143,287
Net Assets / Fund Balance
Unrestricted Net Assets$1,933,855$1,906,206▼ $27,649
Total Net Assets Fund Balance$1,933,855$1,906,206▼ $27,649
Total Liabilities and Net Assets / Fund Balance$2,096,433$1,925,497▼ $170,936

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$589,431$78,635$668,066
Equipment$133,006$165,019$298,025
Land$41,000-$41,000
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$625,840
Investment Income
$7,795
Other Revenue
$2,792
Change in Net Assets
$-27,649

Audited Revenue Reconciliation

Revenue per Audited Statements
$636,427
Total Revenue per Audited Statements
$636,427
Total Revenue per Form 990
$636,427
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$417,165
Other Expenses$246,911
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$310,422--$310,422
Depreciation Depletion$52,694--$52,694
Other Employee Benefits$46,710--$46,710
Travel$32,767$3,747-$36,514
Pension Plan Contributions$36,372--$36,372
Insurance$10,745$17,265-$28,010
Payroll Taxes$23,661--$23,661
All Other Expenses$1,517$14,394-$15,911
Fees for Services Accounting-$12,210-$12,210
Other Expenses$3,507$4,643-$8,150
Office Expenses-$6,399-$6,399
Fees for Services Legal-$5,299-$5,299
Fees for Services Other-$2,252-$2,252
Total Functional Expenses$597,867$66,209$0$664,076

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$664,076
Total Expenses per Audited Statements$664,076
Total Expenses per Form 990$664,076
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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

Loborers' local no. 107 laborers' local no. 107 trustee trustee work for same local. Laborers' local no. 154 laborers' local no. 154 trustee trustee work for same local. Southwest laborers' district counci laborers' local no. 107 chairman trustee husband and wife. Southwest laborers' district counci southwest laborers' district counci chairman trustee work for same council.

Form 990, Page 6, Part VI, Line 7A

The southwest laborers district council appoints eight labor trustees. The texas state contractors association appoints two employer trustees; the houston agc appoints two employer trustees; and the incumbent employer trustees act collectively to appoint the other 4 employer trustees.

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

The form 990 is reviewed and approved by the entire board of trustees. It is then signed and filed.

Form 990, Page 6, Part VI, Line 12C

Conflicts of interest are reviewed continually and any issues that arise are handled at regular board meetings.

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

The members of the board of trustees are not compensated in any way.

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

The members of the board of trustees are not compensated in any way. The director and key employees are hired competitively in the market.

Form 990, Page 6, Part VI, Line 19

Available upon request. All mailouts and communications include reference to documents being available upon request.

Filing and Contact Details

Filer

Filer Name
SOUTHWEST LABORERS'
EIN
27-0509491
Phone
5806532123
Address
PO BOX 365, SPRINGER, OK 73458
Doing Business As
Fund

Signing Officer

Name
Reno Hammond
Title
Secretary
Phone
5806532123
Signed
2017-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Reno Hammond
Formed
2009
Legal Domicile
Ok
Voting Board Members
12
Independent Board Members
12
Employees
6

Preparer

Firm
Daniels Irwin & Aylor
Address
223 MADISON STREET SUITE 112, MADISON, TN 37115-3660
Preparer
Douglas a Irwin
Phone
6158686008
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

Accounting principles generally accepted in the united states of america require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the organization has taken an uncertain position that more likely than not would not be sustained upon examiniation by the irs. Plan management has analyzed the tax positions taken by the plan, and has concluded that as of december 31, 2016, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset). The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER CONTRIBUTIONS
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt078635
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0133006
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0165019
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt041000
IRS990ScheduleD/RevenueSubtotalAmt0636427
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINIATION BY THE IRS. PLAN MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2016, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET). THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalExpensesPerForm990Amt0664076
IRS990ScheduleD/TotalRevenuePerForm990Amt0636427
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
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IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
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IRS990ScheduleE/MaintainScholarshipsRecsInd0true
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE FUND HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY TOWARD STUDENTS IN NEWSPAPERS IN TEXAS, OKLAHOMA AND ARKANSAS; IN ALL FLYERS AND APPLICATIONS PRODUCED BY THE FUND.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LOBORERS' LOCAL NO. 107 LABORERS' LOCAL NO. 107 TRUSTEE TRUSTEE WORK FOR SAME LOCAL. LABORERS' LOCAL NO. 154 LABORERS' LOCAL NO. 154 TRUSTEE TRUSTEE WORK FOR SAME LOCAL. SOUTHWEST LABORERS' DISTRICT COUNCI LABORERS' LOCAL NO. 107 CHAIRMAN TRUSTEE HUSBAND AND WIFE. SOUTHWEST LABORERS' DISTRICT COUNCI SOUTHWEST LABORERS' DISTRICT COUNCI CHAIRMAN TRUSTEE WORK FOR SAME COUNCIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SOUTHWEST LABORERS DISTRICT COUNCIL APPOINTS EIGHT LABOR TRUSTEES. THE TEXAS STATE CONTRACTORS ASSOCIATION APPOINTS TWO EMPLOYER TRUSTEES; THE HOUSTON AGC APPOINTS TWO EMPLOYER TRUSTEES; AND THE INCUMBENT EMPLOYER TRUSTEES ACT COLLECTIVELY TO APPOINT THE OTHER 4 EMPLOYER TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED AND APPROVED BY THE ENTIRE BOARD OF TRUSTEES. IT IS THEN SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICTS OF INTEREST ARE REVIEWED CONTINUALLY AND ANY ISSUES THAT ARISE ARE HANDLED AT REGULAR BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MEMBERS OF THE BOARD OF TRUSTEES ARE NOT COMPENSATED IN ANY WAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE MEMBERS OF THE BOARD OF TRUSTEES ARE NOT COMPENSATED IN ANY WAY. THE DIRECTOR AND KEY EMPLOYEES ARE HIRED COMPETITIVELY IN THE MARKET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AVAILABLE UPON REQUEST. ALL MAILOUTS AND COMMUNICATIONS INCLUDE REFERENCE TO DOCUMENTS BEING AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 365
IRS990/USAddress/CityNm0SPRINGER
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IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RENO HAMMOND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum05806532123
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTHWEST LABORERS'
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TRAINING & APPRENTICESHIP
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0270509491
ReturnHeader/Filer/PhoneNum05806532123
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 365
ReturnHeader/Filer/USAddress/CityNm0SPRINGER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd073458
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0FC1DB2D7C2A4C4D935F07B7B3EA02570F54DA193
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0FC1DB2D7C2A4C4D935F07B7B3EA02570F54DA193
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621802605
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DANIELS IRWIN & AYLOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0223 MADISON STREET SUITE 112
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MADISON

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