Overview
What is Larta Institute?
Larta Institute, located in Los Angeles, California, is a distinguished nonprofit organization specializing in the Agriculture & Food, Marine & Ocean sectors. Their primary role is to facilitate the connection between innovative technologies and potential investors. By offering business training, market research, consulting, capital, and knowledge programs, they provide a credible and intelligent voice on technology matters. Essentially, Larta Institute offers educational and technical support to high-tech businesses, aiming to help them thrive and make a significant impact in their respective fields. With a small team of dedicated professionals, they contribute to the advancement of technology and drive innovation within these sectors.
Official website here: www.larta.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Larta Institute demonstrates a strong commitment to financial accountability and organizational transparency, reflected in its impressive 96% score from Charity Navigator. With a majority of its board members being independent, the organization ensures diverse oversight and governance. Its financial practices are commendable, as indicated by top scores in areas such as audit oversight and asset management.
The organization shows a robust program expense ratio of 88.50%, indicating that a substantial portion of its funds is directed towards programmatic activities rather than administrative costs. Policies regarding conflict of interest, whistleblowing, and document retention are all well-established, showcasing Larta's dedication to ethical operations and compliance.
While the rating highlights numerous strengths, it does not indicate any significant limitations or concerns regarding the organization's financial health or governance practices. Overall, Larta Institute's high rating reflects its effectiveness and reliability as a nonprofit focused on innovation and support for entrepreneurs.
This AI summary has been generated from information found on Charity Navigator.
Is Larta Institute legitimate?
Larta Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Larta Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $277,706
Professional Fundraising Fees: $0
Other Salaries and Wages: $845,803
For more financial information, click here
Official website here: www.larta.org
What is the mission statement of Larta Institute?
The Larta Institute serves to provide educational and technical assistance to high-tech businesses. Its mission is to facilitate the matching of innovative technologies with potential investors. The institute offers a credible and intelligent voice on technology issues through various programs such as business training, market research, consulting, capital, and knowledge initiatives. By doing so, it aims to support the growth and success of these high-tech businesses.
Official website here: www.larta.org
Who is the CEO of Larta Institute?
Rohit Shukla is the CEO of Larta Institute The CEO's salary of Larta Institute is $277,706 and their total compensation is $277,706.
Official website here: www.larta.org
What is the revenue of Larta Institute?
Larta Institute's revenue in 2023 was $2,253,496.
Official website here: www.larta.org
Who are the executives of Larta Institute and what are their salaries?
The average compensation at Larta Institute during 2023 was $34,046. There are 33 employees and 6 volunteers at Larta Institute.
Here are 12 key members and their salaries (Larta Institute's CEO's salary is $277,706 and their total compensation is $277,706):
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $277,706
- Related: $0
- Other: $0
- Compensation: $0
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- Compensation: $204,680
- Related: $0
- Other: $0
- Compensation: $204,224
- Related: $0
- Other: $0
- Compensation: $185,284
- Related: $0
- Other: $0
- Compensation: $186,259
- Related: $0
- Other: $0
- Compensation: $173,948
- Related: $0
- Other: $0
Official website here: www.larta.org
Where can I find the form 990 for Larta Institute?
Larta Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.larta.org
Learn more at the official website: www.larta.org
Mission Statement of Larta Institute
Larta Institute, a nonprofit organization, is dedicated to providing educational and technical assistance to high-tech businesses. Its mission is to facilitate the matching of innovative technologies with potential investors, thereby playing a crucial role in the growth and success of these businesses. Larta Institute serves as a credible and intelligent voice on technology issues, offering a range of services including business training, market research, consulting, capital, and knowledge programs. Through these initiatives, Larta Institute aims to support high-tech businesses in various sectors such as agriculture and food, and marine and ocean, ultimately contributing to the advancement of technology and innovation.
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Impact
July, 2024
Larta Institute provides educational and technical assistance to high-tech businesses, with a specific focus on sectors such as agriculture & food and marine & ocean programs. They facilitate the matching of technologies with investors and provide a credible, intelligent voice on technology issues through business training, market research, consulting, capital, and knowledge programs. Located in Los Angeles, California, Larta Institute's impact lies in fostering innovation and growth within high-tech industries, helping businesses succeed and thrive in today's competitive market.
This information is meant to be a general summary of Larta Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $24,630
- Program Service Revenue: $1,822,913
- Gross Receipts: $2,253,496
Assets and Liabilities:
- Total Assets: $6,686,708
- Total Liabilities: $3,092,258
- Net Assets: $3,594,450
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TECHNICAL SERVICES
Revenue
$1,822,296
CONFERENCES
Revenue
$617
Organization Details
Founding Year
1993
Principal Officer
Rohit Shukla
Website
www.larta.orgNTEE Category
Code: U05 - Science research
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