LOS ANGELES ORT TECHNICAL INSTITUTE

EIN: 133281910 501(c)(3)

Forest Hills, NY

Total Revenue
$137,909
Total Expenses
$604,950
Total Assets
$2,181,157
Net Assets
$2,096,482
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
CA
Principal Officer
DAVID KANANI
Phone
7182615800
Tax Period
2022-07-01 to 2023-06-30

LOS ANGELES ORT TECHNICAL INSTITUTE, founded in 1985, is a small nonprofit that reported $138K in total revenue in fiscal year 2022. Revenue surged 341% from the prior year, signaling strong growth momentum. Expenses of $605K exceeded revenue, resulting in a 339% operating deficit.

Mission

TO PROVIDE ADVANCED TECHNOLOGICAL TRAINING TO STUDENTS AS WELL AS STEM EDUCATION AND CYBERSECURITY

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,635
Investment Income $69,064
Other Revenue $65,210
TOTAL REVENUE $137,909

Expense Breakdown

Grants Paid $0
Salaries & Benefits $267,949
Fundraising Expenses $0
Program Expenses $208,755
Other Expenses $337,001
TOTAL EXPENSES $604,950

Year-over-Year Comparison

2022 2021 Change
Revenue $137,909 $31,307 +3.4%
Expenses $604,950 $1,410,669 -0.6%
Net Income $-467,041 $-1,379,362 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
2
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
7
$75,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID KANANI PRESIDENT 30.00
Director
$75,000 $0 $75,000
MARA KAHN BOARD MEMBER 1.000
Director
$0 $0 $0
ARLEE MAIER BOARD MEMBER 1.000
Director
$0 $0 $0
ROZ VERMUT EX OFFICIO 1.000
Director
$0 $0 $0
RICHARD MARPET BOARD MEMBER 1.000
Director
$0 $0 $0
JIM GLANTZ SECRETARY 1.000
Officer Director
$0 $0 $0
TERRY AZOSE CHAIRMAN 1.000
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $137,909 $604,950 $2,181,157 $-467,041
2022 $31,307 $1,410,669 $2,701,003 $-1,379,362
2021 $447,318 $1,309,904 $4,175,091 $-862,586
2020 $2,405,168 $4,245,306 $5,798,033 $-1,840,138
2019 $11,551,521 $4,373,783 $8,500,608 $7,177,738
2018 $5,380,033 $5,863,528 $5,769,758 $-483,495
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