Los Angeles Ort Technical Institute
Los Angeles Ort Technical Institute faces significant financial decline with consistent deficits and shrinking assets.
EIN: 133281910 · Forest Hills, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $605K |
| Program Spending | 70% |
| Net Assets | $2.1M |
| Transparency Score | 40/100 |
Is Los Angeles Ort Technical Institute Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Los Angeles Ort Technical Institute directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Los Angeles Ort Technical Institute
Los Angeles Ort Technical Institute (EIN: 133281910) is a nonprofit organization based in Forest Hills, NY. The organization reported total revenue of $2.9M and total assets of $7.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Los Angeles Ort Technical Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Los Angeles Ort Technical Institute is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -29.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $138K |
| Total Expenses | $605K |
| Surplus / Deficit | $-467,041 |
| Total Assets | $2.2M |
| Total Liabilities | $85K |
| Net Assets | $2.1M |
| Operating Margin | -338.7% |
| Debt-to-Asset Ratio | 3.9% |
| Months of Reserves | 43.3 months |
Financial Health Grade: B
In 2023, Los Angeles Ort Technical Institute reported a deficit of $467K with expenses exceeding revenue, holds 43.3 months of operating reserves (strong position), has a debt-to-asset ratio of 3.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Los Angeles Ort Technical Institute's revenue has declined at a compound annual growth rate (CAGR) of -29.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +340.5% | -57.1% | -19.2% |
| 2022 | -93.0% | +7.7% | -35.3% |
| 2021 | -81.4% | -69.1% | -28.0% |
| 2020 | -79.2% | -2.9% | -31.8% |
| 2019 | +114.7% | -25.4% | +47.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Los Angeles Ort Technical Institute with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Los Angeles Ort Technical Institute allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $467K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer executive leadership or compensation is categorized differently, which could limit transparency regarding leadership costs relative to the organization's size and declining financial state.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Los Angeles Ort Technical Institute's IRS 990 filings:
- Consistent and significant operational deficits (e.g., $137,909 revenue vs. $604,950 expenses in 2023).
- Drastic decline in revenue from $11.5M in 2019 to $0.1M in 2023.
- Substantial decrease in assets from $8.5M in 2019 to $2.1M in 2023.
- Liabilities have fluctuated significantly, indicating potential financial instability (e.g., $6.3M in 2018 vs. $84K in 2023).
- Lack of detailed expense breakdown to assess program efficiency.
Strengths
The following positive indicators were identified for Los Angeles Ort Technical Institute:
- Long filing history (13 filings) indicates sustained operation over time.
- No reported officer compensation, potentially indicating a volunteer-driven leadership.
Frequently Asked Questions about Los Angeles Ort Technical Institute
Is Los Angeles Ort Technical Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Los Angeles Ort Technical Institute (EIN: 133281910) significant concerns. Mission Score: 40/100. 5 red flags identified, 2 strengths noted.
How does Los Angeles Ort Technical Institute spend its money?
Los Angeles Ort Technical Institute directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Los Angeles Ort Technical Institute tax-deductible?
Los Angeles Ort Technical Institute is registered as a tax-exempt nonprofit (EIN: 133281910). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Los Angeles Ort Technical Institute's spending goes to programs?
Los Angeles Ort Technical Institute directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Los Angeles Ort Technical Institute located?
Los Angeles Ort Technical Institute is headquartered in Forest Hills, New York and files with the IRS under EIN 133281910.
How many years of IRS 990 filings does Los Angeles Ort Technical Institute have?
Los Angeles Ort Technical Institute has 13 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 $2.9M in total revenue.
Why has Los Angeles Ort Technical Institute experienced such a drastic decline in revenue and assets since 2019?
The organization's revenue plummeted from $11,551,521 in 2019 to $137,909 in 2023, and assets decreased from $8,500,608 to $2,181,157 in the same period. This significant downturn warrants further investigation into operational changes, funding sources, or program scope.
How does the organization plan to address its consistent operational deficits?
For several consecutive years (e.g., 2023, 2022, 2021, 2020), expenses have significantly outpaced revenue, leading to a depletion of assets. A clear strategy for achieving financial sustainability is crucial.
What is the actual breakdown of program, administrative, and fundraising expenses?
Without detailed expense categories, it's challenging to fully assess spending efficiency and ensure that the majority of funds are directed towards programs, especially given the overall financial decline.
Is the 0% officer compensation reported accurate, or is executive compensation categorized elsewhere?
While 0% officer compensation can indicate a volunteer-led organization, in the context of significant financial changes, it's important to understand if leadership is compensated through other means not captured in this specific line item, impacting transparency.
Filing History
IRS 990 filing history for Los Angeles Ort Technical Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Los Angeles Ort Technical Institute's revenue has declined by 98.6%, moving from $9.6M to $138K. Total assets decreased by 79.1% over the same period, from $10.5M to $2.2M. Total functional expenses fell by 93.1%, from $8.7M to $605K. In its most recent filing year (2023), Los Angeles Ort Technical Institute reported a deficit of $467K, with expenses exceeding revenue. The organization holds $85K in liabilities against $2.2M in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $138K | $605K | $2.2M | $85K | — | View 990 |
| 2022 | $31K | $1.4M | $2.7M | $137K | — | View 990 |
| 2021 | $447K | $1.3M | $4.2M | $232K | — | — |
| 2020 | $2.4M | $4.2M | $5.8M | $993K | — | View 990 |
| 2019 | $11.6M | $4.4M | $8.5M | $1.9M | — | View 990 |
| 2018 | $5.4M | $5.9M | $5.8M | $6.3M | — | View 990 |
| 2017 | $5.5M | $6.0M | $5.5M | $5.5M | — | View 990 |
| 2016 | $5.9M | $6.6M | $5.5M | $5.0M | — | View 990 |
| 2015 | $5.1M | $5.6M | $6.0M | $4.8M | — | View 990 |
| 2014 | $6.1M | $6.3M | $5.5M | $3.8M | — | View 990 |
| 2013 | $5.8M | $8.0M | $5.6M | $3.7M | — | View 990 |
| 2012 | $8.9M | $8.9M | $9.6M | $5.6M | — | View 990 |
| 2011 | $9.6M | $8.7M | $10.5M | $5.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $138K, expenses of $605K, and assets of $2.2M (revenue +340.5% year-over-year).
- 2022: Revenue of $31K, expenses of $1.4M, and assets of $2.7M (revenue -93.0% year-over-year).
- 2021: Revenue of $447K, expenses of $1.3M, and assets of $4.2M (revenue -81.4% year-over-year).
- 2020: Revenue of $2.4M, expenses of $4.2M, and assets of $5.8M (revenue -79.2% year-over-year).
- 2019: Revenue of $11.6M, expenses of $4.4M, and assets of $8.5M (revenue +114.7% year-over-year).
- 2018: Revenue of $5.4M, expenses of $5.9M, and assets of $5.8M (revenue -1.4% year-over-year).
- 2017: Revenue of $5.5M, expenses of $6.0M, and assets of $5.5M (revenue -7.7% year-over-year).
- 2016: Revenue of $5.9M, expenses of $6.6M, and assets of $5.5M (revenue +16.4% year-over-year).
- 2015: Revenue of $5.1M, expenses of $5.6M, and assets of $6.0M (revenue -17.2% year-over-year).
- 2014: Revenue of $6.1M, expenses of $6.3M, and assets of $5.5M (revenue +5.1% year-over-year).
- 2013: Revenue of $5.8M, expenses of $8.0M, and assets of $5.6M (revenue -34.7% year-over-year).
- 2012: Revenue of $8.9M, expenses of $8.9M, and assets of $9.6M (revenue -6.9% year-over-year).
- 2011: Revenue of $9.6M, expenses of $8.7M, and assets of $10.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Los Angeles Ort Technical Institute:
Data Sources and Methodology
This transparency report for Los Angeles Ort Technical Institute 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.