The Launch Pad Teen Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 189,233 | 131,628 | 57,605 | 39.6 | — |
| 2020 | 532,836 | 316,813 | 216,023 | 24.6 | 44% |
| 2021 | 532,360 | 331,112 | 201,248 | 32.0 | 54% |
| 2022 | 1,336,423 | 633,528 | 702,895 | 30.2 | 35% |
| 2023 | 896,909 | 927,904 | −30,995 | 20.2 | 54% |
In its most recent public year (2023), this organization spent $30,995 more than it brought in. Its reserves stood at about 20.2 months of spending, down from 39.6 in 2019. Staff pay was 54% of spending. $154,597 of its net assets are donor-restricted.
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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