La-tech Org is a 501(c)(3) organization based in Santa Monica, California, registered in 2019, with $1,713,684 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$1.7M
▲ 68.9% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$1.4M
Net assets
$689K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for La-tech Org— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For La-tech Org: 6 mo reserves · +20% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for La-tech Org— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For La-tech Org: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $230K (FY2019) to $1.7M (FY2023) across 5 reported years.
Financial snapshot
Operating margin
19.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$698K
Total liabilities
$9,270
Net assets
$689K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,713,684▲68.9% | $1,375,640▲29.2% | $688,769▲96.4% | $698,039▲95.9% | 990 |
| 2022 | $1,014,466▲20.7% | $1,064,741▲57.7% | $350,725▼12.5% | $356,281▼13.9% | 990 |
| 2021 | $840,684▼21.8% | $675,004▼29.9% | $401,000▲70.4% | $413,917▲55.9% | 990 |
| 2020 | $1,075,240▲367% | $962,751▲798% | $235,321▲91.6% | $265,456▲114% | 990 |
| 2019 | $230,000 | $107,169 | $122,832 | $124,233 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
11 grants to La-tech Org totaling $3.5M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ecmc Foundation | Work based learning | 2023 | $1,050,000 |
| California Community Foundation | Economic opportunity | 2023 | $250,000 |
| American Online Giving Foundation Inc | General support | 2023 | $25,095 |
| California Community Foundation | Economic opportunity | 2022 | $650,000 |
| American Online Giving Foundation Inc | General support | 2022 | $404,697 |
| California Community Foundation | Economic opportunity | 2021 | $550,000 |
| Tides Foundation | Equity, human rights, and economic empowerment | 2021 | $25,000 |
| California Community Foundation | Economic opportunity | 2020 | $200,000 |
| National Philanthropic Tr | Public, societal benefit | 2020 | $105,000 |
| Tides Foundation | Equality, human rights, and economic empowerment | 2020 | $25,000 |
| California Community Foundation | Economic opportunity | 2019 | $200,000 |
Explore more
Data for La-tech Org (EIN 36-4855596) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.