Civic Intelligence

Larta Institute

990 • Fiscal year 2023 • EIN 95-4609347

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 16, 2024

Organization ProfileWWW.LARTA.ORG
1149 South Hill Street 900Los Angeles, CA 90015

(213) 694-2826

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.57x

Higher debt load relative to assets than 82% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

87th percentile

1.45x

Higher debt load relative to revenue than 87% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

8th percentile

-49%

Higher net margin than 8% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

86th percentile

$277,706

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 12.3% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

7th percentile

-14%

Faster asset growth than 7% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

89th percentile

68%

Faster revenue growth than 89% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Down

$5,760,656

Down $926,052 (-14%) from 2022

Net Assets

Down

$2,498,462

Down $1,095,988 (-30%) from 2022

Liabilities

Up

$3,262,194

Up $169,936 (+5.5%) from 2022

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin8th percentile

Revenue

Up

$2,253,496

Up $912,783 (+68%) from 2022

Expenses

Up

$3,352,866

Up $2,542,651 (+314%) from 2022

Net Income

Down

-$1,099,370

Down $1,629,868 (-307%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,458,828Liabilities 2011: $58,364Net Assets 2011: $1,400,4642011Assets 2012: $1,399,238Liabilities 2012: $124,701Net Assets 2012: $1,274,5372012Assets 2013: $1,535,185Liabilities 2013: $112,831Net Assets 2013: $1,422,3542013Assets 2014: $1,825,163Liabilities 2014: $17,747Net Assets 2014: $1,807,4162014Assets 2015: $2,426,405Liabilities 2015: $32,463Net Assets 2015: $2,393,9422015Assets 2016: $2,812,185Liabilities 2016: $185,974Net Assets 2016: $2,626,2112016Assets 2017: $3,238,141Liabilities 2017: $356,759Net Assets 2017: $2,881,3822017Assets 2018: $3,313,385Liabilities 2018: $267,653Net Assets 2018: $3,045,7322018Assets 2019: $3,327,125Liabilities 2019: $331,599Net Assets 2019: $2,995,5262019Assets 2020: $3,142,754Liabilities 2020: $120,606Net Assets 2020: $3,022,1482020Assets 2021: $3,232,560Liabilities 2021: $168,608Net Assets 2021: $3,063,9522021Assets 2022: $6,686,708Liabilities 2022: $3,092,258Net Assets 2022: $3,594,4502022Assets 2023: $5,760,656Liabilities 2023: $3,262,194Net Assets 2023: $2,498,4622023Assets 2024: $4,875,095Liabilities 2024: $3,169,996Net Assets 2024: $1,705,0992024

Highlighted filing

2023

Assets$5,760,656
Liabilities$3,262,194
Net Assets$2,498,462
Open 2023 Filing

Operations Trend

Revenue Growth89th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,388,030Expenses 2011: $2,112,366Net Income 2011: $275,6642011Revenue 2012: $1,290,931Expenses 2012: $1,416,858Net Income 2012: -$125,9272012Revenue 2013: $785,287Expenses 2013: $637,470Net Income 2013: $147,8172013Revenue 2014: $1,106,569Expenses 2014: $721,507Net Income 2014: $385,0622014Revenue 2015: $1,413,775Expenses 2015: $827,249Net Income 2015: $586,5262015Revenue 2016: $817,539Expenses 2016: $585,270Net Income 2016: $232,2692016Revenue 2017: $1,033,172Expenses 2017: $778,001Net Income 2017: $255,1712017Revenue 2018: $1,090,306Expenses 2018: $925,956Net Income 2018: $164,3502018Revenue 2019: $693,878Expenses 2019: $744,084Net Income 2019: -$50,2062019Revenue 2020: $451,454Expenses 2020: $419,332Net Income 2020: $32,1222020Revenue 2021: $530,097Expenses 2021: $519,942Net Income 2021: $10,1552021Revenue 2022: $1,340,713Expenses 2022: $810,215Net Income 2022: $530,4982022Revenue 2023: $2,253,496Expenses 2023: $3,352,866Net Income 2023: -$1,099,3702023Revenue 2024: $3,728,805Expenses 2024: $4,640,578Net Income 2024: -$911,7732024

Highlighted filing

2023

Revenue$2,253,496
Expenses$3,352,866
Net Income-$1,099,370
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 16, 2024
Return Version
2023v5.1
Gross Receipts
$2,253,496
Mission and Program Overview

Mission

Educational and technical help to high tech businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$1,024,630-
Accounts Receivable$366,319$587,725▲ $221,406
Cash and Non-Interest-Bearing Accounts$2,680,434$358,433▼ $2,322,001
Investments Program Related$293,980$293,980→ $0
Investments Other Securities$11,600$85,100▲ $73,500
Prepaid Expenses and Deferred Charges$29,329$29,329→ $0
Land, Buildings, and Equipment, Net$3,199$1,599▼ $1,600
Total Assets$6,686,708$5,760,656▼ $926,052
Other Assets Total$3,301,847$3,379,860▲ $78,013
Liabilities
Other Liabilities$2,677,496$2,181,726▼ $495,770
Deferred Revenue$321,320$870,295▲ $548,975
Accounts Payable and Accrued Expenses$93,442$210,173▲ $116,731
Total Liabilities$3,092,258$3,262,194▲ $169,936
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,544,910$2,498,462▼ $1,046,448
Net Assets With Donor Restrictions$49,540$0▼ $49,540
Total Net Assets Fund Balance$3,594,450$2,498,462▼ $1,095,988
Total Liabilities and Net Assets / Fund Balance$6,686,708$5,760,656▼ $926,052

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,599$155,476$157,075
Investment Program Related Org$293,980--
Other Assets Org$2,035,829--
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Rohit ShuklaChief Executive OfficerPT$277,706$277,706
Carlos GutierrezChief Strategy OfficerPT$204,680$204,680
David BerokoffDirector, Cleantech & EnergyPT$204,224$204,224
Nickolay KolevDirector, Information ServicesPT$186,259$186,259
Judy HsiehHead of OperationsPT$185,284$185,284
Vaishali PaliwalHead of Programs & EvaluationPT$173,948$173,948

Board Members and Trustees

NameTitle
Robert AshleyBoard Chair
Armando InfanzonDirector
Caprice YoungDirector
Shezad RokeryaDirector
Timothy CooleyDirector
Elliot GordonSecretary & Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Reality 2 LLCConsulting11661 SAN VICENTE BLVD SUITE 802, Los Angeles, CA 90049$139,500
Revenue and Support

Revenue Composition

Contributions and Grants
$405,953
Program Service Revenue
$1,822,913
Investment Income
$24,630
Other Revenue
$0
All Other Contributions
$405,953
Change in Net Assets
$-1,099,370
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,063,064
Salaries, Compensation, and Employee Benefits$1,289,802
Total Fundraising Expense$216,857
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,685,281$1,265$497$1,687,043
Other Salaries and Wages$451,528$283,063$111,212$845,803
Current Officers, Directors, Trustees, and Key Employees$148,252$92,939$36,515$277,706
Occupancy$85,890$53,844$21,155$160,889
Office Expenses$54,966$34,459$13,538$102,963
Payroll Taxes$48,630$30,486$11,978$91,094
Other Employee Benefits$28,012$17,561$6,900$52,473
Pension Plan Contributions$12,132$7,606$2,988$22,726
Travel$11,703$7,216$2,835$21,754
Conferences and Meetings$20,145--$20,145
Advertising$8,536$5,351$2,102$15,989
Insurance$8,419$5,278$2,074$15,771
Other Expenses$7,243$4,541$1,784$13,568
Depreciation Depletion$854$535$210$1,599
Total Functional Expenses$2,584,053$551,956$216,857$3,352,866
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability - Operating$2,178,686
Due to Larta Inc.$3,040
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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 B, Line 11B

“Form 990 is reviewed by the board of directors and officers prior to filing.”

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

“At the time any new board of director is elected the conflict of interest process is reviewed. All of the directors are asked to disclose any conflict of interest or breach of policy, and to abstain from discussion and voting on such matters.”

Form 990, Part VI, Section B, Line 15

“The ceo and coo propose salaries using internal salary scales and industry standards. These proposal are reviewed and approved by the entire board of directors.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available upon written request.”

Filing and Contact Details

Filer

Filer Name
Larta Institute
EIN
95-4609347
Phone
2136942826
Address
1149 SOUTH HILL STREET 900, LOS ANGELES, CA 90015

Signing Officer

Name
Rohit Shukla
Title
CEO
Phone
2136942826
Signed
2024-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rohit Shukla
Formed
1993
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
6
Employees
33
Volunteers
6

Preparer

Firm
Lopez Accounting Group
Address
3500 WEST OLIVE AVENUE SUITE 680, BURBANK, CA 91505
Preparer
Juan Pablo Lopez CPA
Phone
8188407075
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional services: program service expenses 422,738. Management and general expenses 0. Fundraising expenses 0. Total expenses 422,738. Program consultants: program service expenses 1,260,526. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,260,526. Contractor: program service expenses 2,017. Management and general expenses 1,265. Fundraising expenses 497. Total expenses 3,779.”

FORM 990, PART XI, LINE 9:

“Prior period adjustment 3,382.”

Financial Statement Notes

PART X, LINE 2:

“Larta institute is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and from california franchise taxes under section 23701 of the california revenue and taxation law as a charitable organization whereby only unrelated business income, as defined by section 509(a)(1) of the internal revenue code, is subject to federal income tax. Larta, inc. Is subject to federal income and california franchise tax based on annual income. Fasb acs 740, uncertainty in income taxes, provides guidance on how uncertain tax positions should be recognized, measured, presented and disclosed in the financial statements. Fasb acs 740 requires evaluation of tax positions taken in the course of preparing larta's tax returns to determine wheter tax positions are "more likely than not" of having been sustained by the applicable tax authority. Larta believes that it does not have any uncertain tax positions that impact its consolidated financial position or statement of activites.”

Raw XML AppendixShowing 400 of 645 raw XML fields

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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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHIEF STRATEGY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR, CLEANTECH & ENERGY
IRS990/Form990PartVIISectionAGrp/TitleTxt9HEAD OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR, INFORMATION SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt11HEAD OF PROGRAMS & EVALUATION
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02253496
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
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IRS990/IndivRcvdGreaterThan100KCnt08
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/FundraisingAmt02074
IRS990/InsuranceGrp/ManagementAndGeneralAmt05278
IRS990/InsuranceGrp/ProgramServicesAmt08419
IRS990/InsuranceGrp/TotalAmt015771
IRS990/InvestmentIncomeGrp/ExclusionAmt024630
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024630
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt011600
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt085100
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0293980
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0293980
IRS990/IRPDocumentCnt054
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0155476
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03199
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01599
IRS990/LandBldgEquipCostOrOtherBssAmt0157075
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0EDUCATIONAL AND TECHNICAL HELP TO HIGH TECH BUSINESSES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03594450
IRS990/NetAssetsOrFundBalancesEOYAmt02498462
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03544910
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02498462
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt021155
IRS990/OccupancyGrp/ManagementAndGeneralAmt053844
IRS990/OccupancyGrp/ProgramServicesAmt085890
IRS990/OccupancyGrp/TotalAmt0160889
IRS990/OfficeExpensesGrp/FundraisingAmt013538
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt034459
IRS990/OfficeExpensesGrp/ProgramServicesAmt054966
IRS990/OfficeExpensesGrp/TotalAmt0102963
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03301847
IRS990/OtherAssetsTotalGrp/EOYAmt03379860
IRS990/OtherChangesInNetAssetsAmt03382
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt06900
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt017561
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt028012
IRS990/OtherEmployeeBenefitsGrp/TotalAmt052473
IRS990/OtherExpensesGrp/Desc0DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt03069
IRS990/OtherExpensesGrp/FundraisingAmt11784
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07812
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14541
IRS990/OtherExpensesGrp/ProgramServicesAmt012462
IRS990/OtherExpensesGrp/ProgramServicesAmt17243
IRS990/OtherExpensesGrp/TotalAmt023343
IRS990/OtherExpensesGrp/TotalAmt113568
IRS990/OtherLiabilitiesGrp/BOYAmt02677496
IRS990/OtherLiabilitiesGrp/EOYAmt02181726
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0111212
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0283063
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0451528
IRS990/OtherSalariesAndWagesGrp/TotalAmt0845803
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt011978
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt030486
IRS990/PayrollTaxesGrp/ProgramServicesAmt048630
IRS990/PayrollTaxesGrp/TotalAmt091094
IRS990/PensionPlanContributionsGrp/FundraisingAmt02988
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt07606
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012132
IRS990/PensionPlanContributionsGrp/TotalAmt022726
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt029329
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt029329
IRS990/PrincipalOfficerNm0ROHIT SHUKLA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/Desc0TECHNICAL SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1CONFERENCES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01822296
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1617
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01822296
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1617
IRS990/ProgSrvcAccomActy2Grp/Desc0ENERGY PROGRAM - FACILITATES THE MATCHING OF TECHNOLOGIES WITH INVESTORS AND PROVIDE CREDIBLE, INTELLEGENT VOICE ON TECHNOLOGY ISSUES THROUGH BUSINESS TRAINING, MARKET RESEARCH, CONSULTING, CAPITAL AND KNOWLEDGE PROGRAMS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0822574
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0749927
IRS990/ProgSrvcAccomActy3Grp/Desc0LIFE SCIENCE PROGRAM - FACILITATES THE MATCHING OF TECHNOLOGIES WITH INVESTORS AND PROVIDE CREDIBLE, INTELLEGENT VOICE ON TECHNOLOGY ISSUES THROUGH BUSINESS TRAINING, MARKET RESEARCH, CONSULTING, CAPITAL AND KNOWLEDGE PROGRAMS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0749544
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0226204
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0513244
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0669950
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0827469
IRS990/PYRevenuesLessExpensesAmt0530498
IRS990/PYSalariesCompEmpBnftPaidAmt0140265
IRS990/PYTotalExpensesAmt0810215
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01340713
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1099370
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0846782
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01024630
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0405953
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0513244
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt071750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0133000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0395821
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01519768
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt024630
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt024630
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03719740
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92370
IRS990ScheduleA/PublicSupportPY170Pct00.88030
IRS990ScheduleA/PublicSupportTotal170Amt01426499
IRS990ScheduleA/SubstantialContributorsTotAmt093269
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0405953
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0513244
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt071750
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0133000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0395821
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01519768
IRS990ScheduleA/TotalSupportAmt01544398
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01599
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0155476
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0157075
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0293980
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0LARTA INC.
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01344031
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12035829
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM LARTA INC.
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RIGHT OF USE ASSET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03040
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12178686
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO LARTA INC.
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE LIABILITY - OPERATING
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LARTA INSTITUTE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM CALIFORNIA FRANCHISE TAXES UNDER SECTION 23701 OF THE CALIFORNIA REVENUE AND TAXATION LAW AS A CHARITABLE ORGANIZATION WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE, IS SUBJECT TO FEDERAL INCOME TAX. LARTA, INC. IS SUBJECT TO FEDERAL INCOME AND CALIFORNIA FRANCHISE TAX BASED ON ANNUAL INCOME. FASB ACS 740, UNCERTAINTY IN INCOME TAXES, PROVIDES GUIDANCE ON HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED AND DISCLOSED IN THE FINANCIAL STATEMENTS. FASB ACS 740 REQUIRES EVALUATION OF TAX POSITIONS TAKEN IN THE COURSE OF PREPARING LARTA'S TAX RETURNS TO DETERMINE WHETER TAX POSITIONS ARE "MORE LIKELY THAN NOT" OF HAVING BEEN SUSTAINED BY THE APPLICABLE TAX AUTHORITY. LARTA BELIEVES THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT IMPACT ITS CONSOLIDATED FINANCIAL POSITION OR STATEMENT OF ACTIVITES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01599
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03379860
IRS990ScheduleD/TotalBookValueProgramRltdAmt0293980
IRS990ScheduleD/TotalLiabilityAmt02181726
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,760,656
Liabilities
$3,262,194
Net assets
$2,498,462
Revenue
$2,253,496
Expenses
$3,352,866
Net income
-$1,099,370
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.88$3.17$1.71$3.73$4.64$0.91
2023Detailed filing. Detailed filing data is available for this year.$5.76$3.26$2.50$2.25$3.35$1.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.69$3.09$3.59$1.34$0.81$0.53
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.23$0.17$3.06$0.53$0.52$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.14$0.12$3.02$0.45$0.42$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.33$0.33$3.00$0.69$0.74$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.31$0.27$3.05$1.09$0.93$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.24$0.36$2.88$1.03$0.78$0.26
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.81$0.19$2.63$0.82$0.59$0.23
2015Detailed filing. Detailed filing data is available for this year.$2.43$0.03$2.39$1.41$0.83$0.59
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.83$0.02$1.81$1.11$0.72$0.39
2013Summary only. Only limited summary data is available for this year.$1.54$0.11$1.42$0.79$0.64$0.15
2012Summary only. Only limited summary data is available for this year.$1.40$0.12$1.27$1.29$1.42$0.13
2011Summary only. Only limited summary data is available for this year.$1.46$0.06$1.40$2.39$2.11$0.28