Bricklayers and Allied Craft Workers Local 1 Scholarship and Charitable Fund
Nonprofit profile at a glance
- EIN
- 651297707
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-EZ 2014
- Location
- Long Island City, NY, USA
- Phone
- 7183920525
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $58,095
- Expenses
- $68,823
- Assets
- $33,794
- Liabilities
- $12,033
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Highest reported compensation
- JACK ARGILA (Director/PRESID): $425,649 total reported compensation
- ANTHONY LACAVA (DIR/SECR-TREAS): $401,235 total reported compensation
- MICHAEL BARBERA (Director): $312,757 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote, foster & encourage scholastic achievement, educational excellence & intellectual advancement by providing scholarships to deserving students of members of bricklayers & allied craftworkers lu #1 in good standing & to make donations to charitable causes.
What it reported doing in 2024
Scholarship awards given to students related to members in good standing of the bricklayers & allied craftworkers local union no. 1.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 82% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 66
- Accountability: 17
- Sustainability: 26
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 90.1%; rating input score 90
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 24th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 91.1%; rating input score 91; 54th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 20%; rating input score 20; 18th percentile among comparable filings
- Governance controls: 1 of 9 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Limited
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -18.5%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0.49; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0.36; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 753.6%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: 1.6% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 0.1% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 14.6% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 90.1% of spending went to programs
- Governance: 1 of 5 board members independent · 1 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $62K in reported program spending
- Leadership: top reported pay $426K · 5 people listed · 0 of 6 pay-setting controls reported
- Consistency: 18 of 19 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 20/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Accountability: Governance controls: 7 of 8 not reported.
- Moderate — Sustainability: Operating margin scored 41/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 1/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.