Launchbio Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 250,000 | 5,500 | 244,500 | 533.5 | 0% |
| 2017 | 738,210 | 414,815 | 323,395 | 16.3 | 49% |
| 2018 | 584,994 | 777,232 | −192,238 | 5.4 | 29% |
| 2019 | 1,101,547 | 1,243,881 | −142,334 | 2.0 | 17% |
| 2020 | 684,798 | 699,585 | −14,787 | 3.3 | 19% |
| 2021 | 424,539 | 452,379 | −27,840 | 4.4 | 10% |
| 2022 | 510,742 | 497,496 | 13,246 | 4.6 | 30% |
| 2023 | 703,614 | 663,848 | 39,766 | 4.1 | 25% |
In its most recent public year (2023), this organization brought in $39,766 more than it spent. Its reserves stood at about 4.1 months of spending, down from 533.5 in 2016. Staff pay was 25% 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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