La-Tech Org

Organization Overview

La-Tech Org is located in Santa Monica, CA. The organization was established in 2019. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, La-Tech Org employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. La-Tech Org is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, La-Tech Org generated $840.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 54.0% each year . All expenses for the organization totaled $675.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

LA-TECH.ORG WANTS TO CONNECT LA'S TECH COMMUNITY TO DISCONNECTED COMMUNITIES IN LOS ANGELES. WE AIM TO BRING THE TECH COMMUNITY TOGETHER AROUND COMMON CIVIC GOALS AND TO HARNESS THE RESOURCES OF LA'S TECH COMMUNITY TO BRING ECONOMIC OPPORTUNITIES TO LA'S UNDERSERVED COMMUNITIES. OUR FOUR PILLARS, EDUCATE, MOBILIZE, CONNECT & AMPLIFY, ENCAPSULATE OUR TWO MAIN OBJECTIVES SET FOR THE FUTURE OF LA-TECH.ORG.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TOP 3 PROGRAMS BEING FUNDED ARE 1000 INTERNS INITIATIVE, THE LA TECH CAREER ACADEMIES, AND THE VOLUNTEER MARKETPLACE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$840,684
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$840,684
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $840,684

Grants Awarded

Over the last fiscal year, La-Tech Org has awarded $366,041 in support to 2 organizations.

Grant RecipientAmount

HOMEBOY INDUSTRIES

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: GENERAL SUPPORT

$191,041

Truckee, CA

PURPOSE: GENERAL SUPPORT

$175,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that La-Tech Org has recieved totaling $160,000.

Awarding OrganizationAmount
Elbaz Family Foundation Tr

Beverly Hills, CA

PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION TO CONNECT LA'S TECH COMMUNITY TO TALENTED UNDERREPRESENTED INDIVIDUALS IN LOS ANGELES.

$100,000
Cornerstone Ondemand Foundation

Santa Monica, CA

PURPOSE: CORPORATE SPONSORSHIP PROGRAM AWARDS

$35,000
Tides Foundation

San Francisco, CA

PURPOSE: EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT

$25,000
View Grant Recipient Profile

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