Education
(B28)
IRS Verified
DX Registered
990 on File
HIGHTECH LA
Financial strength (30%)
80/100
Reliability (20%)
55/100
Effectiveness (25%)
76/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
HighTech LA is an independent charter high school where students are prepared to enter a college of their choice and become “knowledge leaders” in the 21st century digital world. 100% of our students attend a 2 or 4 year college/university each year. HighTech LA is designed to stimulate curiosity, inquiry and a constant desire to push beyond limits, through a rigorous college-preparatory curriculum and intensive technology training. With the goal of preparing students for high-skilled, high-wage careers, this demanding college preparatory curriculum is brought to life by students’ using the latest technology to develop innovative hands-on projects.
Financial Overview — FY 2024
$9.5M
Total Revenue
$9.6M
Total Expenses
$7.7M
Net Assets
94
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.6%
Fundraising Efficiency
N/A
Operating Reserve
9.64x
Liability-to-Asset
16.6%
Revenue Diversification
95.5%
Executive Compensation
$182K
Compared with Peers
FY 2024
Compared with 7,562 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.6% | 84.5% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.4% | 12.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
9.6 mo | 8.9 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
16.6% | 18.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
95.5% | 89.9% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-2.8% | 7.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.1% | 8.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-1.4% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $9.5M | $9.6M | $7.7M | 88.6% | 94 |
| 2023 | $9.8M | $9.2M | $7.6M | 87.5% | 86 |
| 2022 | $8.8M | $8.3M | $6.9M | 87.5% | 85 |
| 2021 | $14.4M | $6.3M | N/A | — | 57 |
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