NonprofitsLos Angeles Cleantech Incubator

Community Improvement & Capacity Building

Los Angeles Cleantech Incubator

LOS ANGELES, CA

Total revenue

$11.0M

Total expenses

$17.8M

Net assets

$12.5M

Grants received

$4.1M

53 grants

EIN

454998717

Tax year

2024

Mission

To focus the private and public sectors on the process and technologies regarding the sustainable consumption of natural resources.

Programs

3 programs

Unlocking innovation: laci incubates and accelerates cleantech startups and helps commercialize their technologies by providing 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. In 2024, laci welcomed 57 companies into our programs, many of which received funding and support from laci to deploy pilots designed to advance the commercialization of their technologies. For example, female-founded thermoshade showcased the passive cooling effect their shading structure can provide in real-life settings, proving their structure creates a 20f cooler environment than under a canvas awning, and leading to projects with a local school and dairy farm. In another example, startup symmetry wood worked out of the advanced prototyping center (apc) at the la kretz innovation campus to create the first-ever guitar made with their technology, pyrus (wood-like material made from kombucha waste) in the fret/fingerboard. Through pilots such as these, startups conduct hands-on experimentation and data-driven analysis, accelerating the development of breakthrough technologies that have the potential to revolutionize the cleantech landscape. Moreover, these examples are illustrative of the way unlocking innovation works collaboratively across the other pillars - and leverages the lkic facility - to advance our founder-facing goals and objectives.

Expenses: $4.4MGrants: $500K

Enhancing community: laci focuses on creating equitable pathways into the green economy through a number of programs. Laci's green jobs workforce development programs provide un/underemployed participants from underserved communities with technical training, industry-recognized certifications, career coaching, and paid internships with our laci startups and partner organizations. Since laci launched our green jobs workforce development programs in 2019, we have trained over 500 participants (average 88% people of color; 37% women, 6% justice impacted). On average, 75% of participants have been placed in paid internships, well-paying jobs (starting salaries of at least $20/hour or $41,600 annual salary), or post-secondary education. Laci also hosts gender-equity focused programs, including our women in cleantech program focused on recruiting and supporting more women in accelerating their cleantech solutions, sector expertise, and career growth. Laci also leads a middle school girls in stem program focused on inspiring girls to learn more about the climate crisis at a young age, find their agency as problem-solvers, and explore future career pathways at the intersection of stem + sustainability. In 2024, laci led four workforce training programs focused on building energy management systems, supply chain & logistics, ev charging station maintenance, and product manufacturing. We also launched our green jobs regional partnership, convening key stakeholders to develop a workforce needs assessment & training landscape. Finally, in 2024 we launched the south la multi-manufacturer ev charger reliability hub, together with laci alumni company chargerhelp!

Expenses: $3.9M

Laci stewardship of la kretz innovation campus (lkic): on behalf of the city of los angeles and ladwp, laci is proud to steward 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 angeles department 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. Notably, in 2024 laci was able to increase visitor activity on campus by 147%, raising the number of annual visitors from roughly 6700 to almost 16,000 visitors in 2024. Laci also reconfigured its product offerings for the lkic coworking space, resulting in an 82% occupancy rate (up from just over 60% in the prior year). Our 82% occupancy rate is in comparison to roughly 70% occupancy rate in the surrounding area (commercial and office).

Expenses: $2.7M

Financials

FY 2024

Revenue

Contributions & grants$8.5M
Program service revenue$2.1M
Investment income$420K
Other revenue
Total revenue$11.0M

Expenses

Grants paid$505K
Salaries & benefits$7.7M
Fundraising$1.0M
Other expenses$9.5M
Total expenses$17.8M
Total assets$17.4M
Net assets$12.5M

People

19 listed

NameRoleCompensation

MATHEW PETERSEN

PRESIDENT AND CEO

Board

$495K

40 hrs/wk

BEN STILP

EXECUTIVE VP, OPERATIONS & FINANCE

Board

$239K

40 hrs/wk

BRETT HAUSER

BOARD MEMBER

Board

1 hrs/wk

JIM CASSLEBERRY

CHAIRPERSON

Board

1 hrs/wk

ZUBIN DAVAR

BOARD MEMBER

Board

1 hrs/wk

LIZ HELLER

BOARD MEMBER

Board

1 hrs/wk

DAVID NAHAI

TREASURER

Board

1 hrs/wk

SARAH RIENHOFF

SECRETARY

Board

1 hrs/wk

ALLISON HOLMES

BOARD MEMBER

Board

1 hrs/wk

MARY LESLIE

BOARD MEMBER

Board

1 hrs/wk

PAUL JENNINGS

BOARD MEMBER

Board

1 hrs/wk

DANIEL TELLALIAN

BOARD MEMBER

Board

1 hrs/wk

ALFRED FRAIJO

BOARD MEMBER

Board

1 hrs/wk

AMANDA SABICER

EXECUTIVE VICE PRESIDENT

Staff

$275K

40 hrs/wk

ESTELLE REYES

SR. VP, ENHANCING COMMUNITIES

Staff

$218K

40 hrs/wk

MICHELLE KINMAN

SR. VP, MARKET TRANSFORMATION

Staff

$212K

40 hrs/wk

ADRIENNE LINDGREN

SR. VP, UNLOCKING INNOVATION

Staff

$188K

40 hrs/wk

JILLIAN MISRACK

VICE PRESIDENT, DEVELOPMENT

Staff

$171K

40 hrs/wk

MICHAEL SWORDS

VICE PRESIDENT, GOVERNMENT AFFAIRS

Staff

$157K

40 hrs/wk

Independent contractors

CARNEGIE MELLON UNIVERSITY

PROGRAM SUPPORT - MARKET TRANSFORMATION

$229K

MASTERCORP COMMERCIAL SERVICES LLC

PROGRAM SUPPORT - LAKRETZ INNOVATION CAM

$216K

RIDE ON BIKE SHOP

PROGRAM SUPPORT - MARKET TRANSFORMATION

$212K

FRONTLINE LLC

OPERATIONS & PROGRAMS (LKIC) SUPPORT - I

$206K

ALLIED UNIVERSAL SECURITY SERVICES

PROGRAM SUPPORT - LAKRETZ INNOVATION CAM

$201K

Grants received

Showing 53 of 53

FromAmountPurposeYear
$1.0M
PATHWAYS - INVESTMENT TO CREATE PATHWAYS TO FAMILY WAGE-EARNING JOBS IN LOS ANGELES
2024
$25K
TO FURTHER THE AGENDA OF THE ORGANIZATION.
2024
$13K
CREATING AN INCLUSIVE GREEN ECONOMY FOR LA AND BEYOND.
2024
$510K
PATHWAYS - INVESTMENT TO CREATE PATHWAYS TO FAMILY WAGE-EARNING JOBS IN LOS ANGELES
2023
$50K
TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.
2023
$25K
PUBLIC, SOCIETAL BENEFIT
2023
$25K
GENERAL OPERATING SUPPORT
2023
$25K
GENERAL SUPPORT
2023
$25K
GENERAL OPERATING SUPPORT
2023
$15K
TO FOCUS THE PRIVATE AND PUBLIC SECTORS ON THE PROCESSES AND TECHNOLOGIES.
2023
$15K
PROGRAM/OPERATING SUPPORT
2023
$15K
GENERAL OPERATING SUPPORT
2023
$15K
PROGRAM/OPERATING SUPPORT
2023
$15K
PROGRAM/OPERATING SUPPORT
2023
$5K
PUBLIC SUPPORT OF ORG. MISSION
2023
$760K
PATHWAYS - INVESTMENT TO CREATE PATHWAYS TO FAMILY WAGE-EARNING JOBS IN LOS ANGELES
2022
$245K
IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS
2022
$100K
ECONOMIC OPPORTUNITY
2022
$50K
TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.
2022
$28K
TO FOCUS THE PRIVATE AND PUBLIC SECTORS ON THE PROCESSES AND TECHNOLOGIES.
2022
$25K
GENERAL SUPPORT
2022
$25K
general support
2022
$20K
To Be Used at the Organization's Discretion
2022
$17K
PUBLIC, SOCIETAL BENEFIT
2022
$15K
GENERAL OPERATING SUPPORT
2022
$10K
DEI ACTIVITIES
2022
$100K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2021
$20K
MIDDLE SCHOOL GIRLS IN STEM
2021
$10K
COMMUNITY ACTION GRANTS
2021
$150
STIPEND FOR PARTICIPATION IN SELA SURVEY
2021
$100K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2020
$50K
C40 CLIMATE CHANGE START-UP
2020
$50K
For grant recipient's exempt purposes
2020
$50K
PROTOTYPING CENTER FELLOWSHIP PROGRAM
2020
$50K
TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.
2020
$10K
PUBLIC, SOCIETAL BENEFIT
2020
$10K
Community Development
2020
$5K
GENERAL OPERATING SUPPORT
2020
$3K
GENERAL SUPPORT
2020
$50K
For grant recipient's exempt purposes
2019
$10K
GENERAL SUPPORT
2019
$150K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2018
$23K
GENERAL SUPPORT
2018
$10K
General Support
2018
$2K
CHARITABLE DONATION
2018

Funded by

$4.1M from 34 funders · 53 grants · 2018–2024

The Eli And Edythe Broad Foundation

$2.3M · 3 grants · 2022–2024

Jpmorgan Chase Foundation

$595K · 4 grants · 2018–2022

United States Energy Foundation

$150K · 3 grants · 2020–2023

The Mayor's Fund For Los Angeles

$139K · 1 grant · 2022

California Community Foundation

$100K · 1 grant · 2022

Fidelity Investments Charitable Gift Fund

$100K · 2 grants · 2019–2020

American Online Giving Foundation Inc

$76K · 3 grants · 2020–2024

Donor Advised Charitable Giving Inc

$52K · 3 grants · 2020–2023

Details

EIN454998717
NTEE codeS43
Subsection03
Ruling date2012-08
Formed2012
Employees79
Volunteers12
LOS ANGELES CLEANTECH INCUBATOR — Mission, Financials & Grants Received | Grantivo