Launchpad Development Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,176,200 | 2,510,537 | 665,663 | 6.5 | 16% |
| 2012 | 3,348,611 | 4,453,831 | −1,105,220 | 0.7 | 11% |
| 2013 | 5,516,429 | 5,273,389 | 243,040 | 1.1 | 0% |
| 2014 | 7,438,137 | 8,000,443 | −562,306 | -0.1 | 0% |
| 2015 | 8,921,054 | 8,555,632 | 365,422 | -2.1 | 0% |
| 2016 | 10,565,059 | 10,328,364 | 236,695 | -1.5 | 0% |
| 2017 | 14,444,119 | 17,367,533 | −2,923,414 | -2.9 | 0% |
| 2018 | 18,589,442 | 19,121,969 | −532,527 | -3.0 | 0% |
| 2019 | 18,158,774 | 20,892,822 | −2,734,048 | -4.3 | 0% |
| 2020 | 16,859,229 | 19,500,027 | −2,640,798 | -6.2 | 0% |
| 2021 | 19,513,288 | 22,032,722 | −2,519,434 | -6.9 | 0% |
| 2022 | 19,660,045 | 24,866,907 | −5,206,862 | -8.6 | 0% |
| 2023 | 25,920,179 | 18,596,420 | 7,323,759 | -6.8 | 0% |
In its most recent public year (2023), this organization brought in $7,323,759 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-6.8 months), down from 6.5 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Launchpad Development Company's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works