EIN 45-4998717

Los Angeles Cleantech Incubator

IRS 501(c) type
501(c)(3)
Num. employees
72
Year formed
2012
Most recent tax filings
2022-12-01
Description
Los Angeles Cleantech Incubator is an urban development organization in Los Angeles, CA whose mission is: The organization was formed to perform and carry out expressly charitable functions.
Total revenues
$21,575,491
2022
Total expenses
$14,365,079
2022
Total assets
$14,047,232
2022
Num. employees
72
2022

Program areas at Los Angeles Cleantech Incubator

Market transformation - to accelerate system change on key initiatives across transportation and mobility, energy and sustainable cities, laci has initiated public sector, industry and corporate partnerships and working relationships to identify and drive the commercialization of Cleantech and sustainable solutions and reduce real, and perceived, Cleantech adoption hurdles. More than 5 years ago, laci convened the transportation electrification partnership (tep), an unprecedented multi-year partnership among local, regional, and state stakeholders that is working to accelerate progress towards transportation electrification and zero emissions goods movement in the greater la region in advance of the 2028 olympic and paralympic games.
Laci stewardship of la kretz innovation campus (lkic) - on behalf of the city of Los Angeles and ladwp, laci remains the steward of the 3.2 acre state-of-the-art la kretz innovation campus, which provides a critical hub for Cleantech innovation in Los Angeles. The campus features the advanced prototyping center (apc), a collaborative makerspace where entrepreneurs, artists, inventors, and startups can design, build, test and certify innovative products, all under one roof. The apc features more than $11 million worth of tools, labs, and shops, including an electronics lab, biochemistry lab, cell lab, cnc machine, water jet, 3d printing, welding equipment, use of premium cad software, laser cutters, a training center, and more. Lkic also features the interactive Los angelesdepartment of water and power customer engagement lab, as well as energy efficiency and emerging technologies laboratories. The facility attracts a consistent roster of professional development workshops, community events, and panel discussions hosted by ladwp, laci, campus members, portfolio services providers and community groups.
Unlocking innovation - laci incubates and accelerates Cleantech startups and helps commercialize their technologies by providing best-in-class coaching and advice to founders, facilitating investment preparation and assistance with shared business services, and providing access to high-value resources. We offer three tiers of cohort-based program support: innovators for pre-commercial, early-stage energy entrepreneurs; our core incubation program, to support pre-seed and seed-stage Cleantech startups in southern California; and market access, a pilot centric program for series a Cleantech startups ready to scale.
Enhancing community- laci works to ensure that everyone can benefit from the green economy either from green jobs, clean air or accessing new zero emissions mobility or energy solutions. With this lens, we intentionally recruit diverse entrepreneurs, including female founders, people of color, lgbtq+, and veterans into our Cleantech ecosystem, and our high-touch, high-outcome workforce development program, the advanced prototyping center (apc) fellowship, which provides participants from underrepresented groups with technical training, interpersonal skills and industry-recognized credentials to thrive in the expanding green economy.fiscal sponsorship - laci facilitates the receipt and management of philanthropic and impact funds for specific external programs that support laci's mission through for-and nonprofit partners in Los Angeles. In 2022, laci served as fiscal sponsor for a workforce training partnership with portfolio start up chargerhelp, as well as support for the la city mayor's youth council. Laci is always looking for collaborations that further its mission.

Grants made by Los Angeles Cleantech Incubator

GranteeGrant descriptionAmount
The Clinton FoundationSupport of the Clinton Global Climate Initiative$25,000

Who funds Los Angeles Cleantech Incubator

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Eli and Edythe Broad FoundationPathways - Investment To Create Pathways To Family Wage-Earning Jobs in Los Angeles$760,000
JP Morgan Chase FoundationIn Support of Creating Economic Mobility and Career Pathways$245,000
The Mayor's Fund for Los AngelesWistem$139,000
...and 14 more grants received

Personnel at Los Angeles Cleantech Incubator

NameTitleCompensation
Matt PetersenPresident and Chief Executive Officer$0
Sarah BryceVice President , Marketing and Communications
Amanda SabicerChief of Staff$116,195
Ben StilpExecutive Vice President , Finance and Operations
Michelle KinmanSenior Vice President , Market Transformation$129,062
...and 37 more key personnel

Financials for Los Angeles Cleantech Incubator

RevenuesFYE 12/2022
Total grants, contributions, etc.$19,816,688
Program services$1,621,793
Investment income and dividends$37,010
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$100,000
Total revenues$21,575,491

Form 990s for Los Angeles Cleantech Incubator

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-12990View PDF
2019-122021-03-02990View PDF
2018-122020-01-17990View PDF
...and 5 more Form 990s

Organizations like Los Angeles Cleantech Incubator

OrganizationLocationRevenue
Rev1 VenturesColumbus, OH$12,957,997
Creative Commons CorporationMountain View, CA$7,655,908
USENIX AssociationSan Francisco, CA$6,151,517
America's Frontier FundArlington, VA$9,436,535
Mozilla FoundationSan Francisco, CA$49,747,841
Manifest MedexEmeryville, CA$34,864,629
CivillaDetroit, MI$5,407,214
Massachusetts Manufacturing Extension PartnershipAuburn, MA$9,326,531
Mission Economic Development Agency (MEDA)San Francisco, CA$26,896,587
International Financial Reporting Standards FoundationSan Francisco, CA$69,678,668
Data update history
July 2, 2024
Updated personnel
Identified 29 new personnel
May 19, 2024
Received grants
Identified 1 new grant, including a grant for $139,000 from The Mayor's Fund for Los Angeles
January 22, 2024
Updated personnel
Identified 2 new personnel
January 15, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Received grants
Identified 8 new grant, including a grant for $760,000 from The Eli and Edythe Broad Foundation
Nonprofit Types
Business and community development organizationsResearch centersCharities
Issues
Science and technologyReligionCommunity improvementEconomic developmentBusiness and industry
Characteristics
ReligiousChristianPolitical advocacyConducts researchLobbyingFundraising eventsState / local levelReceives government fundingTax deductible donationsFiscal sponsorAccepts online donations
General information
Address
525 S Hewitt St
Los Angeles, CA 90013
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
laincubator.org/ 
Phone
(213) 358-6500
Facebook page
LACIncubator 
Twitter profile
@lacincubator 
IRS details
EIN
45-4998717
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
5112: Software Publishers
Parent/child status
Independent
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