Launchpad Development Five Llc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 46,275 | −46,275 | -12.0 | 0% |
| 2012 | 683,932 | 764,286 | −80,354 | -2.0 | 0% |
| 2013 | 661,741 | 860,606 | −198,865 | -8.7 | 0% |
| 2014 | 1,004,982 | 902,666 | 102,316 | -9.6 | 0% |
| 2015 | 854,663 | 827,317 | 27,346 | -24.2 | 0% |
| 2016 | 979,386 | 826,882 | 152,504 | -30.0 | 0% |
| 2017 | 821,476 | 883,649 | −62,173 | -28.9 | 0% |
| 2018 | 2,198,589 | 262,663 | 1,935,926 | -8.9 | 0% |
| 2019 | 702,628 | 246,496 | 456,132 | 12.7 | 0% |
| 2020 | 767,147 | 795,202 | −28,055 | -43.8 | 0% |
| 2021 | 746,991 | 793,572 | −46,581 | -49.9 | 0% |
| 2022 | 747,814 | 778,107 | −30,293 | -51.4 | 0% |
| 2023 | 1,297,142 | 754,745 | 542,397 | -44.4 | 0% |
In its most recent public year (2023), this organization brought in $542,397 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-44.4 months), down from -12 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
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