Launch Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 75,751 | 74,506 | 1,245 | 0.2 | 61% |
| 2020 | 218,684 | 179,239 | 39,445 | 2.7 | 67% |
| 2021 | 232,713 | 235,961 | −3,248 | 2.0 | 71% |
| 2022 | 214,612 | 202,677 | 11,935 | 3.0 | 75% |
| 2023 | 189,680 | 205,714 | −16,034 | 2.0 | 73% |
In its most recent public year (2023), this organization spent $16,034 more than it brought in. Its reserves stood at about 2 months of spending, up from 0.2 in 2019. Staff pay was 73% 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
Launch Academy Inc'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