LOS ANGELES CLEANTECH INCUBATOR

As filed

Subsection

03

NTEE code

S43

Classification

1000

Street

525 S HEWITT ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

9 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• CALIFORNIA GREEN BUILDING COUNCIL USGBC CALIFORNIA

  EIN 75-3041444

• CICLAVIA INC

  EIN 27-3428380

• CLIMATE RESOLVE

  EIN 46-4736278

• EXPANDED LEARNING ALLIANCE EXPANDLA

  EIN 87-3960379

• GENDER EQUITY POLICY INSTITUTE

  EIN 86-1943127

• GREEN RESILIENCE EDUCATION & ECONOM IC NETWORK

  EIN 41-4376575

• JOBS TO MOVE AMERICA

  EIN 81-5339041

• LACI IMPACT

  EIN 88-1472808

• MOVEMENT INNOVATION COLLABORATIVE

  EIN 93-3616624

Mission and programs · 2024

• MARKET TRANSFORMATION: TO ACCELERATE SYSTEM CHANGE ACROSS ZERO EMISSIONS TRANSPORTATION, CLEAN ENERGY, AND SUSTAINABLE CITIES, LACI CONVENES PUBLIC-PRIVATE PARTNERSHIPS TO ALIGN KEY STAKEHOLDERS ON AMBITIOUS REGIONAL GOALS AND ADVANCE PROGRESS TOWARDS THOSE GOALS BY PURSUING BOLD TARGETS, PILOTS, AND POLICIES THAT ARE EQUITY-DRIVEN, CREATE QUALITY JOBS, AND GROW THE ECONOMY. IN 2018, LACI FIRST CONVENED THE TRANSPORTATION ELECTRIFICATION PARTNERSHIP (TEP), AN UNPRECEDENTED MULTI-YEAR PARTNERSHIP AMONG LOCAL, REGIONAL, AND STATE STAKEHOLDERS THAT IS WORKING TO ACCELERATE PROGRESS TOWARDS TRANSPORTATION ELECTRIFICATION IN THE GREATER LA REGION IN ADVANCE OF THE 2028 OLYMPIC AND PARALYMPIC GAMES. IN 2023, WE LAUNCHED THE CLEAN ENERGY PARTNERSHIP TO ACCELERATE THE REDUCTION OF GHG EMISSIONS IN THE LA REGION BY AN ADDITIONAL 15% ACROSS THE ELECTRICITY, BUILDING, AND TRANSPORTATION SECTORS BY 2028. SINCE 2019, LACI HAS DEVELOPED AND IMPLEMENTED CLEANTECH PILOTS WITH AND IN COMMUNITIES THROUGHOUT LA COUNTY (FOR EXAMPLE: SAN PEDRO, SOUTH CENTRAL, PACOIMA), TESTING MARKET-READY TECHNOLOGY AND BUSINESS MODEL INNOVATIONS TO MEET COMMUNITY NEEDS, AND SURFACING LEARNINGS TO SCALE THOSE SOLUTIONS MORE WIDELY. FOR INSTANCE, IN 2024, LACI SUCCESSFULLY CONCLUDED THE PILOT PHASE OF OUR POPULAR E-BIKE LENDING LIBRARY IN WATTS, WILLOWBROOK AND COMPTON, TURNING THE OWNERSHIP OF THE LONG-TERM SERVICE OVER TO OUR PARTNER. DURING THE 18-MONTH PILOT, COMMUNITY MEMBERS ACCUMULATED 23,000+ VEHICLE MILES TRAVELED ON THE 84-BIKE FLEET, AND 9 PEOPLE REPLACED THEIR CARS WITH E-BIKES. IN 2024, LACI ALSO LAUNCHED THE FIRST COHORT OF OUR CITY CLIMATE INNOVATION CHALLENGE, A PROGRAM TO HELP CITIES ACROSS THE COUNTRY INCORPORATE INNOVATION TO ACHIEVE CLIMATE GOALS RELATED TO SPECIFIC PRIORITY TOPICS; THE FIRST COHORT INCLUDES 9 CITIES FOCUSED ON ADVANCING A VARIETY OF ZERO EMISSION DELIVERY SOLUTIONS.

  Expenses $4,687,545 · Grants $5,405

• 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 $4,442,450 · Grants $500,000 · Revenue $47,000

• 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 $3,916,687

• 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 $2,656,746 · Revenue $2,102,620

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $11,028,403

  Expenses

  $17,775,299

  Contributions

  $8,493,278

  Grants paid

  $505,405

• 2023

  Revenue

  $26,341,807

  Expenses

  $17,769,053

  Contributions

  $24,055,726

  Grants paid

  $38,500

• 2022

  Revenue

  $21,575,491

  Expenses

  $14,365,079

  Contributions

  $19,816,688

  Grants paid

  $33,500

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2024 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2023 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2022 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2021 · 990

  Revenue

  $10,413,540

  Expenses

  $9,215,118

  Assets (EOY)

  $5,220,683

• 2021 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2020 · 990

  Revenue

  $8,340,208

  Expenses

  $9,430,096

  Assets (EOY)

  $4,675,991

• 2020 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2019 · 990

  Revenue

  $10,299,925

  Expenses

  $8,322,134

  Assets (EOY)

  $5,409,805

• 2018 · 990

  Revenue

  $8,578,212

  Expenses

  $7,944,829

  Assets (EOY)

  $3,535,849

• 2017 · 990

  Revenue

  $7,637,233

  Expenses

  $6,843,993

  Assets (EOY)

  $2,854,241

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Form 990-N e-Postcard, tax year 2012

Tax period

1 January 2012 to 31 December 2012

Principal officer

Fred Walti

Mailing address

411 S Hewitt StreetLos Angeles CA 90013

Website

www.laincubator.org

As filed, from the IRS e-Postcard file of 2 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

• LACI IMPACT

  $500,000

  2024 · PROGRAM SUPPORT - INVESTMENTS/STARTUPS

• BILL HILLARY & CHELSEA CLINTON FOUNDATION

  $25,000

  2022 · SUPPORT OF THE CLINTON GLOBAL CLIMATE INITIATIVE

• RIDE ON BIKE SHOP

  $25,000

  2023 · SUPPORTING SUSTAINABLE MOBILITY & ENTREPRENEURSHIP

• BILL HILARY & CHELSEA CLINTON FOUNDATION

  $10,000

  2023 · CHARITABLE COMMITMENT, CLINTON GLOBAL INITIATIVE MEETING

Where these grants went next →

Grants received

• MAYORS FUND FOR LOS ANGELES

  $139,000

  2022 · WISTEM

• CALIFORNIA COMMUNITY FOUNDATION

  $100,000

  2022 · ECONOMIC OPPORTUNITY

• AMERICAN ONLINE GIVING FOUNDATION INC

  $59,000

  2024 · GENERAL SUPPORT

• UNITED STATES ENERGY FOUNDATION

  $50,000

  2022 · TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.

• UNITED STATES ENERGY FOUNDATION

  $50,000

  2023 · TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.

• CREDIT UNIONS IN THE STATE OF CALIFORNIA

  $27,500

  2022 · TO FOCUS THE PRIVATE AND PUBLIC SECTORS ON THE PROCESSES AND TECHNOLOGIES.

• DONOR ADVISED CHARITABLE GIVING

  $25,100

  2023 · PUBLIC, SOCIETAL BENEFIT

• SABAN CHARITABLE SUPPORT FUND

  $25,000

  2022 · general support

• CENTRAL INDIANA COMMUNITY FOUNDATION INC

  $20,000

  2022 · To Be Used at the Organization's Discretion

• DONOR ADVISED CHARITABLE GIVING

  $16,500

  2022 · PUBLIC, SOCIETAL BENEFIT

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files