Los Angeles Cleantech Incubator
The organization was formed to perform and carry out expressly charitable purposes. The specific exempt purposes of the organization are (I) to accelerate the comercialization of clean technologies by providing support, education, workforce training, mentorship and networking for non-profit and for-profit start-up clean technology companies located in the region of los angeles, California; (II) to conserve the natural environment and promote the ecologically sound and sustainable use of environmental resources; (III) to lessen the burdens of government through advancement of economic opportunities in the area of clean technology; and (IV) to engage in any and all other charitable and educational activities permitted to an organization exempt from federal income tax under section 501(c)(3) of the internal revenue code of 1986, as amended (the "code").
Key facts about Los Angeles Cleantech Incubator
In short: Los Angeles Cleantech Incubator gave $500K across 1 grant in 2024 (avg $500K), mostly in California. Source: 2024 IRS Form 990.
- EIN
- 45-4998717
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $500,000
- Grants made (2024)
- 1
- Average grant
- $500,000
- Median grant
- $500,000
- Total assets
- $17,370,598
- Primary geography
- California (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$17.4M
-21.9% YoY
Annual Giving
$500K
+1328.6% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$500K
+2757.1% YoY
How Los Angeles Cleantech Incubator gives
- Giving grew 3223% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Los Angeles Cleantech Incubator
Based on IRS filings
Los Angeles Cleantech Incubator is a public charity focused on Community Improvement & Capacity Building, based in Los Angeles, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.4M in total assets. In 2024, it awarded 1 grant totaling $500K. Net investment income was $420K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $15K (2021) to $500K (2024). In 2024 it made 1 grant totaling $500K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Laci Impact ($500K).
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 9 grants of 11 (82%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Laci Impact Los Angeles, CA | Program Support - Investments/Startups | $500,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,370,598 | $22,248,258 | $14,047,232 |
| Revenue | $11,028,403 | $26,341,807 | $21,575,491 |
| Expenses | $17,775,299 | $17,769,053 | $14,365,079 |
| Net Investment Income | $419,705 | $446,050 | $37,010 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Los Angeles Cleantech Incubator is led by Mathew Petersen, President & CEO on every filing since 2020; 8 of 19 officers listed in 2024 are compensated.
Officers on the 2024 filing
Mathew Petersen
President & CEO
On filings since 2020
40 hrs/week
$318K (2020) → $495K (2024)
Jim Cassleberry
Chairperson
New on the 2024 filing
1 hr/week
No compensation reported
Amanda Sabicer
Executive Vice President
Chief of Staff → Chief of Staff, Executive Vice President Ops & People, 2023
Chief of Staff, Executive Vice President Ops & People → Executive Vice President, 2024
On filings since 2020
40 hrs/week
$117K (2020) → $275K (2024)
Estelle Reyes
Senior Vice President & Enhancing Communities
Senior Vice President & Enhanci → Senior Vice President & Enhancing Committee, 2023
Senior Vice President & Enhancing Committee → Senior Vice President & Enhancing Communities, 2024
On filings since 2020
40 hrs/week
$126K (2020) → $218K (2024)
Jillian Misrack
Vice President & Development
On filings since 2020
40 hrs/week
$121K (2020) → $171K (2024)
Michael Swords
Vice President & Government Affairs
Vice President & Government Affairs → Vice President & Government, 2021
Vice President & Government → Vice President & Government Affairs, 2023
On filings since 2020
40 hrs/week
$141K (2020) → $157K (2024)
Michelle Kinman
Senior Vice President & Market Transformation
Vice President & Market → Senior Vice President & Market, 2023
Senior Vice President & Market → Senior Vice President & Market Transformation, 2024
On filings since 2022
40 hrs/week
$129K (2022) → $212K (2024)
Adrienne Lindgren
Senior Vice President & Unlocking Innovation
New on the 2024 filing
40 hrs/week
$188K (2024)
Ben Stilp
Executive Vice President, Operations & Finance
New on the 2024 filing
40 hrs/week
$239K (2024)
David Nahai
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Mary Leslie
Board Member
On filings since 2020
1 hr/week
No compensation reported
Paul Jennings
Board Member
On filings since 2020
1 hr/week
No compensation reported
Sarah Rienhoff
Secretary
On filings since 2020
1 hr/week
No compensation reported
Allison Holmes
Board Member
On filings since 2021
1 hr/week
No compensation reported
Daniel Tellalian
Board Member
On filings since 2021
1 hr/week
No compensation reported
Alfred Fraijo
Board Member
On filings since 2022
1 hr/week
No compensation reported
Brett Hauser
Board Member
On filings since 2023
1 hr/week
No compensation reported
Liz Heller
Board Member
On filings since 2023
1 hr/week
No compensation reported
Zubin Davar
Board Member
On filings since 2023
1 hr/week
No compensation reported
Former officers (9)
- Former: Benjamin Stilp (2020–2023) — Excecutive Vice President
- Former: Jim Casselberry (2020–2023) — Chairperson
- Former: Sasha Itzikman (2022–2023) — Vice President & Marketing
- Former: Alex Mitchell (2020–2022) — Senior Vice President & Market
- Former: Thomas Ermacora (2020–2022) — Board Member
- Former: Thomas Soto (2020–2022) — Vice Chair
- Former: Richard Morganstern (2020–2021) — Board Member
- Former: Nancy Sutley (2020) — Board Member
- Former: Robert Musselman (2020) — Lead Executive in Residence
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $495K, to Mathew Petersen (President and CEO). 8 officers or directors reported compensation on that filing.
Frequently asked questions about Los Angeles Cleantech Incubator
How much does Los Angeles Cleantech Incubator give each year?
Los Angeles Cleantech Incubator gave $500K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $35K across 2 grants.
How large is Los Angeles Cleantech Incubator?
Los Angeles Cleantech Incubator reported $17.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $11.0M.
What is Los Angeles Cleantech Incubator?
Los Angeles Cleantech Incubator is a public charity focused on Community Improvement & Capacity Building, based in Los Angeles, CA. It holds $17.4M in total assets as of 2024.
Where does Los Angeles Cleantech Incubator operate?
Los Angeles Cleantech Incubator has awarded grants in Arkansas, California.
What is Los Angeles Cleantech Incubator's EIN?
Los Angeles Cleantech Incubator's EIN (Employer Identification Number) is 45-4998717. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Los Angeles Cleantech Incubator by hand.
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