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LARTA INSTITUTE: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
LARTA INSTITUTE (EIN 95-4609347)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202513219349324151
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T17:40:44-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN812737245PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LOPEZ ACCOUNTING GROUPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13500 WEST OLIVE AVENUE SUITE 680AddressLine1Txt
CityBURBANKCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91505ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN954609347EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LARTA INSTITUTEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLARTBusinessNameControlTxt
Phone2136942826PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11149 SOUTH HILL STREET 900AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90015ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROHIT SHUKLAPersonNm
Person TitleCEOPersonTitleTxt
Phone2136942826PhoneNum
Signature2025-11-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJUAN PABLO LOPEZ CPAPreparerPersonNm
PTINP01367411PTIN
Phone8188407075PhoneNum
Preparation2025-11-17PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROHIT SHUKLAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11149 SOUTH HILL STREET 900AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90015ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,728,805GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://WWW.LARTA.ORG/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1993FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionEDUCATIONAL AND TECHNICAL HELP TO HIGH TECH BUSINESSES.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee43TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$405,953PYContributionsGrantsAmt
CY Contributions Grants$410,313CYContributionsGrantsAmt
PY Program Service Revenue$1,822,913PYProgramServiceRevenueAmt
CY Program Service Revenue$3,275,751CYProgramServiceRevenueAmt
PY Investment Income$24,630PYInvestmentIncomeAmt
CY Investment Income$38,911CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$3,830CYOtherRevenueAmt
PY Total Revenue$2,253,496PYTotalRevenueAmt
CY Total Revenue$3,728,805CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,289,802PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,144,672CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$483,971CYTotalFundraisingExpenseAmt
PY Other Expenses$2,063,064PYOtherExpensesAmt
CY Other Expenses$2,495,906CYOtherExpensesAmt
PY Total Expenses$3,352,866PYTotalExpensesAmt
CY Total Expenses$4,640,578CYTotalExpensesAmt
PY Revenues Less Expenses-$1,099,370PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$911,773CYRevenuesLessExpensesAmt
Total Assets BOY$5,760,656TotalAssetsBOYAmt
Total Assets EOY$4,875,095TotalAssetsEOYAmt
Total Liabilities BOY$3,262,194TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,169,996TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,498,462NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,705,099NetAssetsOrFundBalancesEOYAmt
MissionEDUCATIONAL AND TECHNICAL HELP TO HIGH TECH BUSINESSES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,611,811ExpenseAmt
Revenue$1,931,410RevenueAmt
DescENERGY 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.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$697,397ExpenseAmt
Revenue$694,505RevenueAmt
DescAGRICULTURE & FOOD, MARINE & OCEAN 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.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$572,285ExpenseAmt
Revenue$649,836RevenueAmt
DescLIFE 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.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$2,881,493TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document94IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee43EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ACCOUNTINGX LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8006403810PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18023 BEVERLY BLVD BLDG 1-456AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90048ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
ROBERT ASHLEY
BOARD CHAIR6.002.00Yes (X)Yes (X)$0$0$0
ELLIOT GORDON
TREASURER5.002.00Yes (X)Yes (X)$0$0$0
TIMOTHY COOLEY
DIRECTOR5.002.00Yes (X)$0$0$0
SHEZAD ROKERYA
DIRECTOR5.002.00Yes (X)$0$0$0
ROHIT SHUKLA
CHIEF EXECUTIVE OFFICER30.0010.00Yes (X)Yes (X)$250,251$0$11,000
CAPRICE YOUNG
DIRECTOR5.002.00Yes (X)$0$0$0
CARLOS GUTIERREZ
CHIEF STRATEGY OFFICER30.0010.00$176,366$0$22,400Yes (X)
JUDY HSIEH
HEAD OF OPERATIONS30.0010.00$161,917$0$20,700Yes (X)
HILARY BENDON
CHIEF OF STAFF30.0010.00$182,283$0$14,200Yes (X)
GUNJA SIROYA
CHIEF SOLUTIONS OFFICER30.0010.00$137,046$0$8,300Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$907,863TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$76,600TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K5IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
REALITY 2 LLC
11661 SAN VICENTE BLVD SUITE 802LOS ANGELESCA90049CONSULTING$166,275
BEDWELL ARMS LLC
6524 BROOKDALE DRIVEWATAUGATX76148CONSULTING$113,375
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
All Other Contributions$410,313AllOtherContributionsAmt
Total Contributions$410,313TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TECHNICAL SERVICES541900$3,250,751$3,250,751
CONFERENCES611430$25,000$25,000
FieldValueIRS element (for citing)
Total Program Service Revenue$3,275,751TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$38,911TotalRevenueColumnAmt
Exclusion$38,911ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS INCOMEDesc
Business900099BusinessCd
Total Revenue Column$3,830TotalRevenueColumnAmt
Exclusion$3,830ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$3,830OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,728,805TotalRevenueColumnAmt
Related Or Exempt Func Income$3,275,751RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$42,741ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$235,433TotalAmt
Program Services$173,985ProgramServicesAmt
Management And General$51,089ManagementAndGeneralAmt
Fundraising$10,359FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,561,649TotalAmt
Program Services$884,740ProgramServicesAmt
Management And General$470,269ManagementAndGeneralAmt
Fundraising$206,640FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$36,811TotalAmt
Program Services$20,296ProgramServicesAmt
Management And General$11,358ManagementAndGeneralAmt
Fundraising$5,157FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$151,068TotalAmt
Program Services$88,766ProgramServicesAmt
Management And General$43,941ManagementAndGeneralAmt
Fundraising$18,361FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$159,711TotalAmt
Program Services$93,961ProgramServicesAmt
Management And General$46,398ManagementAndGeneralAmt
Fundraising$19,352FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$13,564TotalAmt
Program Services$7,980ProgramServicesAmt
Management And General$3,940ManagementAndGeneralAmt
Fundraising$1,644FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$67,764TotalAmt
Program Services$39,867ProgramServicesAmt
Management And General$19,686ManagementAndGeneralAmt
Fundraising$8,211FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,728,384TotalAmt
Program Services$1,188,378ProgramServicesAmt
Management And General$381,068ManagementAndGeneralAmt
Fundraising$158,938FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$20,366TotalAmt
Program Services$11,981ProgramServicesAmt
Management And General$5,917ManagementAndGeneralAmt
Fundraising$2,468FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$45,329TotalAmt
Program Services$26,667ProgramServicesAmt
Management And General$13,169ManagementAndGeneralAmt
Fundraising$5,493FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$263,339TotalAmt
Program Services$154,926ProgramServicesAmt
Management And General$76,504ManagementAndGeneralAmt
Fundraising$31,909FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$38,394TotalAmt
Program Services$22,777ProgramServicesAmt
Management And General$11,020ManagementAndGeneralAmt
Fundraising$4,597FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$70,667TotalAmt
Program Services$70,667ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,599TotalAmt
Program Services$941ProgramServicesAmt
Management And General$464ManagementAndGeneralAmt
Fundraising$194FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,178TotalAmt
Program Services$3,634ProgramServicesAmt
Management And General$1,795ManagementAndGeneralAmt
Fundraising$749FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
BAD DEBTS$114,763$114,763
MISCELLANEOUS$55,855$3,483$50,919$1,453
TAXES AND LICENSES$49,443$14,364$29,088$5,991
DUES AND SUBSCRIPTIONS$20,261$5,886$11,920$2,455

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,640,578TotalAmt
Program Services$2,881,493ProgramServicesAmt
Management And General$1,275,114ManagementAndGeneralAmt
Fundraising$483,971FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$358,433BOYAmt
EOY$105,819EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,024,630BOYAmt
EOY$233,538EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$587,725BOYAmt
EOY$916,074EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$29,329BOYAmt
EOY$53,407EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$157,075LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$157,075LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,599BOYAmt
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$85,100BOYAmt
EOY$85,100EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$293,980BOYAmt
EOY$293,980EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,379,860BOYAmt
EOY$3,187,177EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,760,656BOYAmt
EOY$4,875,095EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$210,173BOYAmt
EOY$172,533EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$870,295BOYAmt
EOY$1,049,863EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,181,726BOYAmt
EOY$1,947,600EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,262,194BOYAmt
EOY$3,169,996EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,498,462BOYAmt
EOY$1,705,099EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,498,462BOYAmt
EOY$1,705,099EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,760,656BOYAmt
EOY$4,875,095EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$911,773ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$118,410OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$133,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$71,750CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$513,244CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$405,953CurrentTaxYearMinus1YearAmt
Current Tax Year$410,313CurrentTaxYearAmt
Total$1,534,260TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$133,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$71,750CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$513,244CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$405,953CurrentTaxYearMinus1YearAmt
Current Tax Year$410,313CurrentTaxYearAmt
Total$1,534,260TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$804,132SubstantialContributorsTotAmt
Public Support Total170$730,128PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$24,630CurrentTaxYearMinus1YearAmt
Current Tax Year$38,911CurrentTaxYearAmt
Total$63,541TotalAmt
FieldValueIRS element (for citing)
Total Support$1,597,801TotalSupportAmt
Gross Receipts Rltd Activities$6,702,934GrossReceiptsRltdActivitiesAmt
Public Support CY1700.45700PublicSupportCY170Pct
Public Support PY1700.92370PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$157,075OtherCostOrOtherBasisAmt
Depreciation$157,075DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescLARTA INC.Desc
Book Value$293,980BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$293,980TotalBookValueProgramRltdAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
DUE FROM LARTA INC.$1,394,001
RIGHT OF USE ASSET$1,793,176
FieldValueIRS element (for citing)
Total Book Value Other Assets$3,187,177TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLEASE LIABILITY - OPERATINGDesc
Amt$1,947,600Amt
FieldValueIRS element (for citing)
Total Liability$1,947,600TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationLARTA 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.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ROHIT SHUKLA
CHIEF EXECUTIVE OFFICER$250,251$0$0$0$0$0$10,100$0$900$0$261,251$0$0$0
CARLOS GUTIERREZ
CHIEF STRATEGY OFFICER$171,103$0$5,263$0$0$0$7,300$0$15,100$0$198,766$0$0$0
HILARY BENDON
CHIEF OF STAFF$177,514$0$4,769$0$0$0$4,500$0$9,700$0$196,483$0$0$0
JUDY HSIEH
HEAD OF OPERATIONS$157,569$0$4,348$0$0$0$6,500$0$14,200$0$182,617$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS AND OFFICERS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CAT 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 15THE 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 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST.
FORM 990, PART IX, LINE 11GPROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 829,567. MANAGEMENT AND GENERAL EXPENSES 381,068. FUNDRAISING EXPENSES 158,938. TOTAL EXPENSES 1,369,573. PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 358,811. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 358,811.
FORM 990, PART XI, LINE 9:PRIOR PERIOD ADJUSTMENT 118,410.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1LARTA INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11149 SOUTH HILL STREET SUITE 900AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90015ZIPCd
FieldValueIRS element (for citing)
EIN460674277EIN
Primary ActivitiesCONSULTINGPrimaryActivitiesTxt
Legal Domicile StateCALegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1LARTA INSTITUTEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeCEntityTypeTxt
Share Of Total Income-$276,931ShareOfTotalIncomeAmt
Share Of EOY Assets$471,062ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
LARTA INC
D$53,010INCREASE IN LOAN BALANCE
LARTA INC
Q$563,063COST OF OTHER SHARED EXPENSES