Civic Intelligence

New Mexico Laborers Training and Apprenticeship Trust Fund

990 • Fiscal year 2020 • EIN 85-0230373

Sep 01, 2019 to Aug 31, 2020 • Filed on Nov 03, 2020

10000 B Acoma Rd SEAlbuquerque, NM 87123

(505) 296-3631

Siviq Scores

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

Liabilities / Assets

44th percentile

0.07x

Higher debt load relative to assets than 44% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

74th percentile

0.40x

Higher debt load relative to revenue than 74% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

68th percentile

16%

Higher net margin than 68% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

52nd percentile

$65,200

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 15.1% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

38th percentile

1.7%

Faster asset growth than 38% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

73rd percentile

18%

Faster revenue growth than 73% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,576,263

Up $44,211 (+1.7%) from 2019

Net Assets

Up

$2,402,761

Up $68,451 (+2.9%) from 2019

Liabilities

Down

$173,502

Down $24,240 (-12%) from 2019

Revenue

Up

$431,172

Up $64,783 (+18%) from 2019

Expenses

Down

$362,721

Down $18,766 (-4.9%) from 2019

Net Income

Up

$68,451

Up $83,549 (+553%) from 2019

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 2010: $2,841,605Liabilities 2010: $508,994Net Assets 2010: $2,332,6112010Assets 2011: $2,381,941Liabilities 2011: $49,902Net Assets 2011: $2,332,0392011Assets 2012: $2,698,901Liabilities 2012: $514,143Net Assets 2012: $2,184,7582012Assets 2013: $2,677,139Liabilities 2013: $513,933Net Assets 2013: $2,163,2062013Assets 2014: $2,736,814Liabilities 2014: $502,471Net Assets 2014: $2,234,3432014Assets 2015: $2,731,293Liabilities 2015: $473,386Net Assets 2015: $2,257,9072015Assets 2016: $2,765,877Liabilities 2016: $449,315Net Assets 2016: $2,316,5622016Assets 2017: $2,576,863Liabilities 2017: $247,941Net Assets 2017: $2,328,9222017Assets 2018: $2,560,233Liabilities 2018: $210,825Net Assets 2018: $2,349,4082018Assets 2019: $2,532,052Liabilities 2019: $197,742Net Assets 2019: $2,334,3102019Assets 2020: $2,576,263Liabilities 2020: $173,502Net Assets 2020: $2,402,7612020Assets 2021: $2,573,387Liabilities 2021: $9,346Net Assets 2021: $2,564,0412021Assets 2022: $2,561,927Liabilities 2022: $15,249Net Assets 2022: $2,546,6782022Assets 2023: $2,601,587Liabilities 2023: $3,521Net Assets 2023: $2,598,0662023Assets 2024: $2,743,323Liabilities 2024: $6,270Net Assets 2024: $2,737,0532024

Highlighted filing

2020

Assets$2,576,263
Liabilities$173,502
Net Assets$2,402,761

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $654,4332010Expenses 2011: $571,9262011Expenses 2012: $524,5072012Expenses 2013: $418,4642013Revenue 2014: $457,144Expenses 2014: $386,007Net Income 2014: $71,1372014Revenue 2015: $432,943Expenses 2015: $409,379Net Income 2015: $23,5642015Revenue 2016: $402,488Expenses 2016: $343,833Net Income 2016: $58,6552016Revenue 2017: $351,206Expenses 2017: $338,846Net Income 2017: $12,3602017Revenue 2018: $390,193Expenses 2018: $369,707Net Income 2018: $20,4862018Revenue 2019: $366,389Expenses 2019: $381,487Net Income 2019: -$15,0982019Revenue 2020: $431,172Expenses 2020: $362,721Net Income 2020: $68,4512020Revenue 2021: $514,388Expenses 2021: $353,108Net Income 2021: $161,2802021Revenue 2022: $363,378Expenses 2022: $380,741Net Income 2022: -$17,3632022Revenue 2023: $488,776Expenses 2023: $437,388Net Income 2023: $51,3882023Revenue 2024: $594,474Expenses 2024: $455,487Net Income 2024: $138,9872024

Highlighted filing

2020

Revenue$431,172
Expenses$362,721
Net Income$68,451
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Nov 3, 2020
Return Version
2019v5.0
Gross Receipts
$431,172
Mission and Program Overview

Mission

Provide employment referral, refresher courses and certifications for its members

To provide employment referral, refresher courses, and certifications for its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,717,321$1,656,558▼ $60,763
Savings and Temporary Cash Investments$453,897$638,879▲ $184,982
Investments Other Securities$315,308$0▼ $315,308
Investments in Publicly Traded Securities-$243,570-
Accounts Receivable$26,235$26,695▲ $460
Cash and Non-Interest-Bearing Accounts$19,291$10,561▼ $8,730
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,532,052$2,576,263▲ $44,211
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$186,840$168,040▼ $18,800
Accounts Payable and Accrued Expenses$10,902$5,462▼ $5,440
Total Liabilities$197,742$173,502▼ $24,240
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,334,310$2,402,761▲ $68,451
Total Net Assets Fund Balance$2,334,310$2,402,761▲ $68,451
Total Liabilities and Net Assets / Fund Balance$2,532,052$2,576,263▲ $44,211

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,656,558$652,729$2,309,281
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
James a VigilDirectorFT$65,200$65,200

Board Members and Trustees

NameTitle
Jose AtencioChairman
Charlie WatsonTrustee
Darrell DeagueroTrustee
Ed SimsTrustee
Jason ChavezTrustee
Louie MoyaTrustee
Michael EspinosaTrustee
Tony ThomasTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$351,823
Program Service Revenue
$29,222
Investment Income
$50,127
Other Revenue
$0
All Other Contributions
$305,863
Change in Net Assets
$68,451

Audited Revenue Reconciliation

Revenue per Audited Statements
$431,172
Total Revenue per Audited Statements
$431,172
Total Revenue per Form 990
$431,172
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$189,367
Other Expenses$173,354
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$52,160$13,040-$65,200
Depreciation Depletion$48,610$12,153-$60,763
Other Salaries and Wages$45,528$11,382-$56,910
Pension Plan Contributions$27,469$6,867-$34,336
Insurance$20,313$5,078-$25,391
Other Employee Benefits$18,656$4,664-$23,320
Occupancy$12,682$3,171-$15,853
Interest$7,978$1,995-$9,973
Payroll Taxes$7,681$1,920-$9,601
Office Expenses$5,544$1,386-$6,930
Fees for Services Accounting$4,850$1,212-$6,062
Fees for Services Other$3,121$780-$3,901
Other Expenses$2,895$724-$3,619
Conferences and Meetings$2,015$504-$2,519
All Other Expenses$669$167-$836
Total Functional Expenses$290,176$72,545$0$362,721

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$362,721
Total Expenses per Audited Statements$362,721
Total Expenses per Form 990$362,721
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
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, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
New Mexico Laborers Training Trust Fund
EIN
85-0230373
Phone
5052963631
Address
10000 B ACOMA RD SE, ALBUQUERQUE, NM 87123

Signing Officer

Name
James a Vigil
Title
Director
Signed
2020-11-03
Discuss with paid preparer
Yes

Organization Details

Formed
1976
Legal Domicile
Nm
Voting Board Members
8
Independent Board Members
8
Employees
4

Preparer

Firm
Findell & Company PC
Address
6605 Uptown Blvd NE 320, Albuquerque, NM 87110
Preparer
Max Findell Ii
Phone
5058899104
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IRS990/OtherExpensesGrp/Desc2SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/Desc3VEHICLE EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03898
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11973
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21631
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3724
IRS990/OtherExpensesGrp/ProgramServicesAmt015591
IRS990/OtherExpensesGrp/ProgramServicesAmt17890
IRS990/OtherExpensesGrp/ProgramServicesAmt26524
IRS990/OtherExpensesGrp/ProgramServicesAmt32895
IRS990/OtherExpensesGrp/TotalAmt019489
IRS990/OtherExpensesGrp/TotalAmt19863
IRS990/OtherExpensesGrp/TotalAmt28155
IRS990/OtherExpensesGrp/TotalAmt33619
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt011382
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt045528
IRS990/OtherSalariesAndWagesGrp/TotalAmt056910
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01920
IRS990/PayrollTaxesGrp/ProgramServicesAmt07681
IRS990/PayrollTaxesGrp/TotalAmt09601
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06867
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt027469
IRS990/PensionPlanContributionsGrp/TotalAmt034336
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0JAMES A VIGIL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc1THIRD-PART REIMBURSEMENTS
IRS990/ProgramServiceRevenueGrp/Desc2TRAINING INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0487
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt128735
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0487
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt128735
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0318208
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt09376
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0187470
IRS990/PYProgramServiceRevenueAmt038805
IRS990/PYRevenuesLessExpensesAmt0-15098
IRS990/PYSalariesCompEmpBnftPaidAmt0194017
IRS990/PYTotalExpensesAmt0381487
IRS990/PYTotalRevenueAmt0366389
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt068451
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0453897
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0638879
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0362721
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01656558
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0652729
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt06
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02309281
IRS990ScheduleD/RevenueSubtotalAmt0431172
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01656558
IRS990ScheduleD/TotalExpensesPerForm990Amt0362721
IRS990ScheduleD/TotalRevenuePerForm990Amt0431172
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0431172
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0362721
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NONDISCRIMINATION POLICY IS ATTACHED TO AND PUBLISHED IN SOLICITATIONS FOR APPLICANTS WHICH ARE SENT TO VARIOUS AGENCIES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02532052
IRS990/TotalAssetsEOYAmt02576263
IRS990/TotalAssetsGrp/BOYAmt02532052
IRS990/TotalAssetsGrp/EOYAmt02576263
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0351823
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt072545
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0290176
IRS990/TotalFunctionalExpensesGrp/TotalAmt0362721
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0197742
IRS990/TotalLiabilitiesEOYAmt0173502
IRS990/TotalLiabilitiesGrp/BOYAmt0197742
IRS990/TotalLiabilitiesGrp/EOYAmt0173502
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02334310
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02402761
IRS990/TotalProgramServiceExpensesAmt0290176
IRS990/TotalProgramServiceRevenueAmt029222
IRS990/TotalReportableCompFromOrgAmt065200
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt079349
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0431172
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02532052
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02576263
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt010000 B ACOMA RD SE
IRS990/USAddress/CityNm0ALBUQUERQUE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.74$0.01$2.74$0.59$0.46$0.14
2023Detailed filing. Detailed filing data is available for this year.$2.60$0.00$2.60$0.49$0.44$0.05
2022Detailed filing. Detailed filing data is available for this year.$2.56$0.02$2.55$0.36$0.38$0.02
2021Detailed filing. Detailed filing data is available for this year.$2.57$0.01$2.56$0.51$0.35$0.16
2020Detailed filing. Detailed filing data is available for this year.$2.58$0.17$2.40$0.43$0.36$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.53$0.20$2.33$0.37$0.38$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.56$0.21$2.35$0.39$0.37$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.58$0.25$2.33$0.35$0.34$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.77$0.45$2.32$0.40$0.34$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.73$0.47$2.26$0.43$0.41$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.74$0.50$2.23$0.46$0.39$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.68$0.51$2.16$0.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.70$0.51$2.18$0.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$0.05$2.33$0.57
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.84$0.51$2.33$0.65