La Kretz Innovation Campus
EIN: 463089456 · Los Angeles, CA · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Net Assets | $943K |
Is La Kretz Innovation Campus Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About La Kretz Innovation Campus
La Kretz Innovation Campus (EIN: 463089456) is a nonprofit organization based in Los Angeles, CA, classified under NTEE code B90. The organization reported total revenue of $1.9M and total assets of $44.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of La Kretz Innovation Campus's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
La Kretz Innovation Campus is a mid-size nonprofit that has been operating for 8 years, with 8 years of IRS 990 filings on record (2015–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $121K |
| Total Expenses | $0 |
| Surplus / Deficit | +$121K |
| Total Assets | $44.9M |
| Total Liabilities | $43.9M |
| Net Assets | $943K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 97.9% |
Financial Health Grade: B
In 2023, La Kretz Innovation Campus reported a surplus of $121K with revenue exceeding expenses, has a debt-to-asset ratio of 97.9% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -180.5% | — | -2.8% |
| 2020 | -236.6% | — | +1.3% |
| 2019 | -0.1% | — | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for La Kretz Innovation Campus has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates La Kretz Innovation Campus with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 97.9%.
Frequently Asked Questions about La Kretz Innovation Campus
Is La Kretz Innovation Campus a legitimate charity?
La Kretz Innovation Campus (EIN: 463089456) is a registered tax-exempt nonprofit based in California. It has 8 years of IRS 990 filings on record. Total revenue: $1.9M. No red flags identified. Financial health grade: B.
How does La Kretz Innovation Campus spend its money?
La Kretz Innovation Campus reported $1.9M in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to La Kretz Innovation Campus tax-deductible?
La Kretz Innovation Campus is registered as a tax-exempt nonprofit (EIN: 463089456). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is La Kretz Innovation Campus located?
La Kretz Innovation Campus is headquartered in Los Angeles, California and files with the IRS under EIN 463089456. It is classified under NTEE code B90.
How many years of IRS 990 filings does La Kretz Innovation Campus have?
La Kretz Innovation Campus has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.9M in total revenue.
Filing History
IRS 990 filing history for La Kretz Innovation Campus showing financial trends over 8 years of public records:
Total assets decreased by 4.3% over the same period, from $46.9M to $44.9M. Total functional expenses fell by 100%, from $107K to $0. The organization holds $43.9M in liabilities against $44.9M in assets (debt-to-asset ratio: 97.9%), resulting in net assets of $943K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $121K | $0 | $44.9M | $43.9M | — | View 990 |
| 2022 | $-845,232 | $0 | $44.7M | $43.9M | — | View 990 |
| 2021 | $1.1M | $0 | $46.0M | $44.4M | — | View 990 |
| 2020 | $-594,024 | $0 | $45.0M | $44.3M | — | View 990 |
| 2019 | $435K | $0 | $44.4M | $43.2M | — | View 990 |
| 2018 | $435K | $0 | $43.8M | $43.0M | — | View 990 |
| 2017 | $1.7M | $0 | $44.3M | $44.1M | — | View 990 |
| 2015 | $0 | $107K | $46.9M | $47.4M | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $121K, expenses of $0, and assets of $44.9M.
- 2022: Revenue of $-845,232, expenses of $0, and assets of $44.7M (revenue -180.5% year-over-year).
- 2021: Revenue of $1.1M, expenses of $0, and assets of $46.0M.
- 2020: Revenue of $-594,024, expenses of $0, and assets of $45.0M (revenue -236.6% year-over-year).
- 2019: Revenue of $435K, expenses of $0, and assets of $44.4M (revenue -0.1% year-over-year).
- 2018: Revenue of $435K, expenses of $0, and assets of $43.8M (revenue -75.0% year-over-year).
- 2017: Revenue of $1.7M, expenses of $0, and assets of $44.3M.
- 2015: Revenue of $0, expenses of $107K, and assets of $46.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for La Kretz Innovation Campus:
Data Sources and Methodology
This transparency report for La Kretz Innovation Campus is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.