LOS ANGELES ORT TECHNICAL INSTITUTE

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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

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.

Program Service Accomplishments

Program 1

Expenses: $208,755

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%)

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

$75,000

Key Employees

Highest Compensated

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