Civic Intelligence

La Kretz Innovation Campus

EIN 46-3089456 • 501(c)3 • Los Angeles, CA

Profile

To acquire and develop facilities that will attract, support and incubate or accelerate businesses developing and commercializing clean and efficient energy technologies in the city of los angeles.

111 N Hope Street Room 450Los Angeles, CA 90012

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

28th percentile

-2.2%

Higher net margin than 28% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

11th percentile

$0

Higher top officer pay than 11% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

100th percentile

35254%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Down

$0

Down $44,854,621 (-100%) from 2023

Liabilities

Down

$0

Down $43,911,773 (-100%) from 2023

Net Assets

Down

$0

Down $942,848 (-100%) from 2023

Revenue

Up

$42,745,244

Up $42,624,336 (+35254%) from 2023

Expenses

Up

$43,688,092

Up $43,688,092 from 2023

Net Income

Down

-$942,848

Down $1,063,756 (-880%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0-$20MAssets 2015: $46,851,202Liabilities 2015: $47,360,000Net Assets 2015: -$508,7982015Assets 2017: $44,347,278Liabilities 2017: $44,136,066Net Assets 2017: $211,2122017Assets 2018: $43,820,823Liabilities 2018: $43,044,485Net Assets 2018: $776,3382018Assets 2019: $44,378,673Liabilities 2019: $43,167,522Net Assets 2019: $1,211,1512019Assets 2020: $44,955,521Liabilities 2020: $44,338,394Net Assets 2020: $617,1272020Assets 2021: $46,025,208Liabilities 2021: $44,358,036Net Assets 2021: $1,667,1722021Assets 2022: $44,715,038Liabilities 2022: $43,893,098Net Assets 2022: $821,9402022Assets 2023: $44,854,621Liabilities 2023: $43,911,773Net Assets 2023: $942,8482023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MRevenue 2015: $0Expenses 2015: $106,656Net Income 2015: -$106,6562015Revenue 2017: $1,742,570Expenses 2017: $0Net Income 2017: $1,742,5702017Revenue 2018: $435,327Expenses 2018: $0Net Income 2018: $435,3272018Revenue 2019: $434,813Expenses 2019: $0Net Income 2019: $434,8132019Revenue 2020: -$594,024Expenses 2020: $0Net Income 2020: -$594,0242020Revenue 2021: $1,050,045Expenses 2021: $0Net Income 2021: $1,050,0452021Revenue 2022: -$845,232Expenses 2022: $0Net Income 2022: -$845,2322022Revenue 2023: $120,908Expenses 2023: $0Net Income 2023: $120,9082023Revenue 2024: $42,745,244Expenses 2024: $43,688,092Net Income 2024: -$942,8482024

Highlighted filing

2024

Revenue$42,745,244
Expenses$43,688,092
Net Income-$942,848

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$43,162,074
Mission and Program Overview

Mission

To acquire and develop facilities that will attract, support and incubate or accelerate businesses developing and commercializing clean and efficient energy technologies in the city of los angeles.

See form 990, part iii, line 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,980,121$0▼ $22,980,121
Prepaid Expenses and Deferred Charges$10,121,654$0▼ $10,121,654
Cash and Non-Interest-Bearing Accounts$1,231,846$0▼ $1,231,846
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$44,854,621$0▼ $44,854,621
Other Assets Total$10,521,000$0▼ $10,521,000
Liabilities
Mortgage Notes Payable Secured by Investment Property$42,660,000$0▼ $42,660,000
Other Liabilities$1,251,773$0▼ $1,251,773
Total Liabilities$43,911,773$0▼ $43,911,773
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$942,848$0▼ $942,848
Total Net Assets Fund Balance$942,848$0▼ $942,848
Total Liabilities and Net Assets / Fund Balance$44,854,621$0▼ $44,854,621

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0--
Other Land Buildings$0--
Equipment$0--
Leasehold Improvements$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Aaron GrossCEO
David RiccitielloTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$42,745,244
Change in Net Assets
$-942,848

Audited Revenue Reconciliation

Revenue per Audited Statements
$43,162,074
Revenue Not Reported on Financial Statements
$-416,830
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-416,830
Total Revenue per Audited Statements
$43,162,074
Total Revenue per Form 990
$42,745,244
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$43,688,092
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$10,585,794-$10,585,794
Total Functional Expenses$0$43,688,092$0$43,688,092

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$44,104,922
Expenses per Audited Statements$43,688,092
Total Expenses per Form 990$43,688,092
Expenses Not Reported on Form 990$416,830
Expenses Not Reported on Financial Statements$0
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
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8A

The organization documents board meetings with minutes. There were no meetings during 2021.

Form 990, Part VI, Section A, Line 8B

NOT APPLICABLE

Form 990, Part VI, Section B, Line 11B

The organization works with its accountants to review the form 990 annually.

Form 990, Part VI, Section B, Line 12C

Each director, officer or committee member with board delegated powers annually receives a copy of the corporation's conflict of interest policy, and signs a statement affirming that such person (i) has received a copy of the policy, (ii) has read and understood the policy, (iii) agrees to comply with the policy, and (iv) understands that the corporation is a nonprofit corporation and, to maintain its status, must engage primarily in activities that further its charitable purpose. In addition, periodic reviews are conducted by the board of directors.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents,conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
La Kretz Innovation Campus
EIN
46-3089456
Phone
2133674319
Address
111 N HOPE STREET ROOM 450, LOS ANGELES, CA 90012

Signing Officer

Name
Ann M Santilli
Title
Controller
Phone
2133674319
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ann M Santilli
Formed
2013
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Novogradac & Company Llp
Address
3025 NORTH WOOSTER AVENUE, DOVER, OH 44622
Preparer
Frank Buss Ii
Phone
3303655400
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Depreciation legal and professional bank charges

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Depreciation legal and professional bank charges

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1CITY OF LOS ANGELES DEPARTMENT OF WATER AND POWER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02024-06-27
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12024-06-27
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0456000736
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1456000736
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt033501121
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt11231846
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0MUNICIPAL UTILITY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1MUNICIPAL UTILITY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0COST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1COST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0111 N HOPE STREET ROOM 340
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt1111 N HOPE STREET ROOM 340
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0LOS ANGELES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1LOS ANGELES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0CA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1CA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd090012
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd190012
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOCUMENTS BOARD MEETINGS WITH MINUTES. THERE WERE NO MEETINGS DURING 2021.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NOT APPLICABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION WORKS WITH ITS ACCOUNTANTS TO REVIEW THE FORM 990 ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH DIRECTOR, OFFICER OR COMMITTEE MEMBER WITH BOARD DELEGATED POWERS ANNUALLY RECEIVES A COPY OF THE CORPORATION'S CONFLICT OF INTEREST POLICY, AND SIGNS A STATEMENT AFFIRMING THAT SUCH PERSON (I) HAS RECEIVED A COPY OF THE POLICY, (II) HAS READ AND UNDERSTOOD THE POLICY, (III) AGREES TO COMPLY WITH THE POLICY, AND (IV) UNDERSTANDS THAT THE CORPORATION IS A NONPROFIT CORPORATION AND, TO MAINTAIN ITS STATUS, MUST ENGAGE PRIMARILY IN ACTIVITIES THAT FURTHER ITS CHARITABLE PURPOSE. IN ADDITION, PERIODIC REVIEWS ARE CONDUCTED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS,CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LOS ANGELES CLEANTECH INCUBATOR INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0454998717
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0OPERATES AND MAINTAINS LA KRETZ INNOVATION CAMPUS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0525 S HEWITT ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LOS ANGELES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd090013
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0464140
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0LOS ANGELES DEPARTMENT OF WATER AND POWER
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt044854621
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt044854621
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt043688092
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt043688092
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt043911773
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt043911773
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0942848
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0885700
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt042745244
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt042745244
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt044854621
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0111 N HOPE STREET ROOM 450
IRS990/USAddress/CityNm0LOS ANGELES
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090012
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANN M SANTILLI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CONTROLLER
ReturnHeader/BusinessOfficerGrp/PhoneNum02133674319
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LA KRETZ INNOVATION CAMPUS
ReturnHeader/Filer/BusinessNameControlTxt0LAKR
ReturnHeader/Filer/EIN0463089456
ReturnHeader/Filer/PhoneNum02133674319
ReturnHeader/Filer/USAddress/AddressLine1Txt0111 N HOPE STREET ROOM 450
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090012
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0943108253
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NOVOGRADAC & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03025 NORTH WOOSTER AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DOVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044622
ReturnHeader/PreparerPersonGrp/PhoneNum03303655400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANK BUSS II

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