Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2019.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
55 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
15 people listed on the 990; $219K paid to officers and key staff.
Brenda Galvez’s $106K as Deputy Executive Director is at the 35th percentile of top reported officer pay among 1690 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2021 | FY2020 |
|---|---|---|---|
| Sean Arian | — | $219,240 | $209,240 |
| Brenda Galvez | $105,896 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Connects Los Angeles tech professionals with underserved communities to create economic opportunities.
Questions for La-Tech Org
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Top 3 programs being funded are 1000 interns initiative, the la tech career academies, and the volunteer marketplace.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $265K | $414K |
| Total assetsLn 16 | $265K | $414K |
| LiabilitiesLn 26 | $30K | $13K |
| Net assetsLn 32 | $235K | $401K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $272K | $136K | $136K | |
| Payroll taxesLn 10 | $23K | $11K | $12K | |
| Accounting feesLn 11c | $12K | $12K | ||
| Other fees for servicesLn 11g | $323K | $209K | $113K | |
| Office expensesLn 13 | $500 | $500 | ||
| TravelLn 17 | $11 | $11 | ||
| InsuranceLn 23 | $15K | $9K | $6K | |
| Other expenses (24a–d)Ln 24 | $28K | $2K | $26K | |
| All other expensesLn 24e | $2K | $1K | $497 | |
| Total functional expensesLn 25 | $675K | $369K | $306K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $1.8M | $1.6M | $151K | $1.5M | 990 PDF |
| FY2023 | $1.7M | $1.4M | $338K | $689K | 990 PDF |
| FY2022 | $1.0M | $1.1M | −$50K | $351K | 990 PDF |
| FY2021 Viewing | $841K | $675K | $166K | $401K | 990 PDF |
| FY2020 | $1.1M | $963K | $112K | $235K | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $840,684 revenue, 12 lines filed
Part VI · Governance 14 of 14 board members independent, 1 to look at
Part VIII · Statement of revenue $840,684 across 3 lines filed
Part IX · Statement of functional expenses $675,004 across 9 lines filed
Part X · Balance sheet $413,917 assets, 7 lines filed
Part XI · Reconciliation of net assets $401,000 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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