Indiana Laborers Training Trust Fund
Nonprofit profile at a glance
- EIN
- 356079079
- IRS 990 coverage
- 2020–2025
- Forms available
- Form 990 2025
- Location
- Bedford, IN, USA
- Phone
- 8122799751
- Rating confidence
- Limited
Reported finances
- Revenue
- $8,944,099
- Expenses
- $10,320,011
- Assets
- $17,552,029
- Liabilities
- $635,180
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
13 people listed
Highest reported compensation
- Sean Coakley (Director): $202,700 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Providing continuous programs of pre-job training, retraining and upgrading of personnel employed in the construction industry in Indiana.
What it reported doing in 2025
Provided approximately 200 course completions to journeyman laborers in hazardous waste abatement and safety.
Operating model
- Revenue model
- Membership-supported. 95% of the money available for current operations came from membership dues.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 68
- Accountability: 95
- Sustainability: 35
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 100%; rating input score 100; 75th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -15.4%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 1.7; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 65; 65th percentile among comparable filings
- Officer compensation ratio: 2%; rating input score 75; 75th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 5.4% per year; rating input score 100; 40th percentile among comparable filings
- Asset growth: -5.8% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 12 of 12 board members independent · 7 of 8 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $203K · 13 people listed · 0 of 6 pay-setting controls reported
- Consistency: 13 of 13 current checks pass
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 6 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 6/100.
- High — Growth: Asset growth scored 0/100.
- Review — Accountability: Governance controls: Audit committee oversight not reported.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.